Blog Archives

Bank Earnings Season : JP Morgan beats the housing blues ( Q4 and Full year 2012 )

JP Morgan finally came to terms with the housing blues and its prime housing portfolio notwithstanding large robo signing indictments helped the bank post a firm Net income of $5.7 bln and against slower expectations lately of a $1.16 -$1.22

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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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Posted in Financial Markets

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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Posted in Amitonomics, Bailout Nation, Banking, 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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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

The ongoing fight over 18 holes for Volcker and the future of banking in the US| Banking Insight

With Gini Rometty a certified hacker at the Augusta Open yet unable to play, making it a first for a female and a Corporate Honcho to appear at US’ most prestigious Golf tournament(if she had got it), it is probably

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Posted in Amitonomics, Banking, US

Banks get ready for Crisis 3.0 – Blackrock bets on SocGen property loans | Banking Insight

In a seemingly transparent and lucid deal, Blackstone is picking up $131 mln worth of Property loans from Socgen getting in on property plays as Patron recruits an ex Lloyds’ banker to get into the REO/REIT business with $10 bln

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Posted in Banking, European Sovereign Debt crisis, Financial Services

Banks get ready for Crisis 3.0 – HSBC, BarCap and Nomura create a quintet issuer | Banking Insight

The LIBOR in muddy waters gave banks a brief respite from setting inter bank rates and as European Banks try to think up ways to increase their rate of return in the new ‘over’capitalised regime, they were first shorn of

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Posted in Amitonomics, Banking

Bank Results Season: J P Morgan reports $19 bln on $97 bln revenues | Insider Insight

As mentioned yesterday, the leading lights of banking, now that Wall street is not the same, still managed to eke out $3.7bln in Income (Net Profit) on a $21 bln quarter to close 2011 with $97.234 bln revenues and a $18.976

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Posted in Amitonomics, Banking, US

Derisking your capital-at-large portfolio | Advantage Banking (European Banks deleveraging)

Caution: The contents of this bank secret are not proprietary and frequently in use at all large institutions including those not targeted by the Occupy movement. Most parts of this secret are not transferable to automatic protection against fraud and

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Posted in Banking, European Sovereign Debt crisis, US