Blog Archives

Bank Results Season: Deutsche Bank cycles thru non descript quarter (Q1 2013)

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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Posted in Financial Markets

IT’S MONDAY: European banks follow up with more losses, Fed and European Central Bank decisions (The week ahead April 29-May 3)

Markets headed down, last weeks result impact Dow near 14.5K and its quite ready for a rocky road down the mountain, though it’s still not “Sell in May and go away” especially with Apple already ruling below 400 before the

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Posted in Financial Markets

Europe gets comfortable with new Banking caveat | Banking insight

Even as regulatory costs become part of a banking brand makeover especially in Big Bad London which is also holding out on Europe, the momenutum for credit has caught on  with banks in the last fe months, giving a positive

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Posted in Financial Markets

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

Deutsche Bank Notes: We always comply with Accounting Standards. This is a loss only if we..

continue to treat is on market price. These are actually illiquid and could be treated as Held to Maturity Portfolio. But we would miss the opportunity to call out people at Goldman Sachs or something?.. In 2010, when Ben Artsi

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Posted in Financial Markets

Chastised Europeans fight with their back to the wall, JP Morgan pays for BS | Banking insight

How Europe has been cut out of Global Financial Systems? When the crisis devolved on global citizens in 2008, none were more circumspect than banks about coming litigation though most of the big Wall Street and US banks were more

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Posted in Financial Markets

US Morning Report: It is the Economy, Mr Bernanke!

The moderate recovery underway in the data seems to wax and wane according to its distance from a scheduled Fed meeting with bad new home sales last week ignored as the Beige Book and now the Personal Income shows a

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

US Morning Report: The Dollar declines actively in Asia, Markets to react for space

After a hot morning against the Won (KRW), the strength in the SGD and the undervaluation report in the Yuan as helped by a stronger open of the Euro to keep the Dollar down for the rest of the day.

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Posted in Amitonomics, Banking, US

US Morning Report: ECB, China, Earnings all spell Doom and Gloom!

Of course Marc Faber left the shores to invest internationally long ago as a true capitalist, bu t US Market look to a glum week as more than one or two hints have already been dropped for a good shapely

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Posted in Amitonomics, Banking, Retail Lifestyle, US