Blog Archives

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

Citi’s extra dividend caught in the Stress test snarl up | Banking Insight

Citi failed the Comprehensive Capital Review (CCAR) undertaken by the Fed by a whisker, reportedly coming in at 4.9% on the Dec 2013 Capital instead of the 5% figure having gone overboard in trying to fit in extra dividend payouts

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Posted in Amitonomics, Banking, US

Bank of America gets impatient with flailing fortunes

Even as the Financials opened their account in 2012 with a 2% rise in Financials in the first few minutes and Bank of America inched closer to a $6 per share price, the Fed’s limitations on the bank in terms

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Posted in Banking, US

London, London! Trying a new R for regulation in the UK – Part II >> Empowering the FPC

Caution: The contents of this law are not applicable to non existent European collateral, leveraged balance sheets of Central Banks, International operations of global banks, but may be applicable to local branches of International banks Vickers committee recommendations to safeguard

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Posted in Banking, Europe, European Sovereign Debt crisis, Global