Revenues in both Corporate Banking & Securities and Personal/Private Banking trended down lazily for the bank at 4% and 1% respectively while the bank was busy repairing its assets for the coming Basel 3 deluge bringing the value of optimization…
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Blog Archives
Bank Results Season: Deutsche Bank cycles thru non descript quarter (Q1 2013)
Tagged with: Bank, Basel III, Commercial bank, Deutsche Bank, Germany, London, Revenue, Taunus
Posted in Financial Markets
Posted in Financial Markets
Bank Results Season: BofA turns in an all round excellence score
Net profits of $2.6 B on just $1.7 B in Loan losses before taxes led the most heavily capitalised bank in the orld to further improve its net Basel 3 Tier I Common ration to 9.42%. Basel 3 weighted assets…
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Tagged with: Bank of America, Basel III, Business, Comerica, Credit card, HDFC Bank, ICICI Bank, India, Investment Banks, Loan, Merrill Lynch, Mortgage loan, UBS, YES Bank
Posted in Financial Markets
Posted in Financial Markets
Bank Earnings Season: Michael Corbat presents first results for ‘The new Citi’ (Q4 and Full Year 2012)
The good new first, the bank expanded NIMs with global business and cost of funding managed well at 2.93% though its US mortgage footprint is not comparable with Wells Fargo. Provisions were almost a third of the amount at B…
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Tagged with: Bank, Basel III, Chief executive officer, Citibank, Citigroup, Loan, United States, Wells Fargo
Posted in Financial Markets
Posted in Financial Markets
A whiff of profits far away? | Banking Insight
Liquidity regulation already hurts Lobbying over the new Liquidity rules got hard as the banks enter an Observation period prior to counting of the LCR as standard for compliance. According to the FT report catching us up on it, that…
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Tagged with: Asia, Bank, Basel, Basel Committee on Banking Supervision, Basel III, Bond, china, Deutsche Bank, Goldman Sachs, Japan, US Securities and Exchange Commission
Posted in Financial Markets
Posted in Financial Markets
A look at Goldman Sachs prospects after the ‘Partner bump up’ | Banking Insight
Goldman Sachs continues to reduce ‘Compensation Costs’ before stress tests However even with just 32,500 staff at Goldman Sachs as of this fall(down 10% in less than a year), the firm has made 70 new partners, the low number breaking…
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Tagged with: Asia, Bank, Bank of America, Basel III, Fed, Goldman Sachs, New Jersey, Vikram Pandit, Wells Fargo
Posted in Financial Markets
Posted in Financial Markets
Bank Results Season: The last positive Surprise is in (Bank of America reports Q2 2012)
It has been a week full of positive surprises so the shocker on the headline is just for reminding oneself that Morgan Stanley is the one candidate which makes you think of the word “Underperformance” esp this quarter when Trading…
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Tagged with: Bank, Bank of America, Basel III, Charlotte, Goldman Sachs, J P Morgan, JP Morgan, Morgan Stanley, Mortgage bank, Mortgage loan, Net income
Posted in Amitonomics, Banking, Retail Lifestyle, US
Posted in Amitonomics, Banking, Retail Lifestyle, US
Bank Results Season: Goldman Sachs is the IN after all!
Investment Banking revenues rose sequentially to $1.2 Bln even as 98% of the Financial Advisory deals signed in the first half were in the smallest fee bracket and Debt underwriting surprisingly rose for Goldman Sachs globally by nearly 20% sequentially.…
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Tagged with: Basel III, Business, Dragon NaturallySpeaking, Financial Services, GoldmanSachs, Investment Banks, Lernout Hauspie, New York Times
Posted in Amitonomics, Banking, US
Posted in Amitonomics, Banking, US
Bank Results Season: The Citi never burns out of profit (Citigroup reports Q2 2012)
Citi upgrades to B3T1C of 7.9% The latest acronym in town avoids the mouthful Basel III Tier I Capital requirement that has unleashed an unending wave of deleveraging in Europe but seems to have carried along global and US only…
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Tagged with: Asia, Bank of America, Basel, Basel III, Book Value, Capital requirement, Citi, Citigroup
Posted in Amitonomics, Bailout Nation, Banking, US
Posted in Amitonomics, Bailout Nation, Banking, US
China’s stimulus for Big Banks (may be counter productive)| Insight China
After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale…
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Tagged with: Bank of China, Basel III, china, Chinese economic stimulus program, Eurozone, May, Renminbi, Stanchart
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
Dimon’s testimony..Prepared remarks | Banking insight
Jamie Dimon’s prepared remarks released tonight show the common problems of a TBTF bank in the new Basel regime. That means that the bank increased its risk exposures based on the Basel 3 regime, especially after the CIO office in…
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Tagged with: Bank, Basel, Basel 3, Basel III, CIO, Dodd–Frank Wall Street Reform and Consumer Protection Act, J P Morgan, Jamie Dimon, jpmorgan, JPMorgan Chase
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
Posted in Amitonomics, Banking, European Sovereign Debt crisis, US
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