As a Rabobank strategist put it in today’s Reuters insider videogram, because of the fragmented euro bond markets in 2010 and 2011 , the current strength in the Euro is much more than a euphoric pick up on German manufacturing…
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Blog Archives
IT’s MONDAY: Eurozone comeback isn’t but Euro’s comeback is
Tagged with: Apple, April, Ben Bernanke, Bloomberg Terminal, Burger King, china, Euro, Goldman Sachs, Gross domestic product, J P Morgan, JP Morgan, Morgan, United States
Posted in Financial Markets
Posted in Financial Markets
Bank Results Season: J P Morgan on way to becoming leader in Mortgages to renew Universal Banking (Q1 2013)
Even as JP Morgan results beat expectations handsomely to come very near our $1.62 per share mark with $6.5 Bln in profits for the first quarter’s $25B+ raising hopes of a $100 Bln in revenues after a good 2 years,…
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Tagged with: Bank, Bank of America, J P Morgan, JP Morgan, Mortgage loan, Net income, retail banking, Wall Street, Wells Fargo
Posted in Financial Markets
Posted in Financial Markets
$10B Foreclosure settlement for BofA, JP Morgan and Citi | Bank Earnings Season
A new $10 B settlement by 14 banks to define and ordain penalties for foreclosure mispractices and abuses has been reached over the weekend bolstering markets rejoicing the newly made revenue arrangements to avoid the fiscal cliff. The Banks including…
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Tagged with: Alcoa, Bank of America, Citi, Citigroup, Federal Reserve System, J P Morgan, JP Morgan, Wells Fargo
Posted in Financial Markets
Posted in Financial Markets
Thanks Abigail, Denial is indeed not just a river in Egypt | Banking Insight
Ofcourse I am not a female employee if this is another emancipation theorem and as I am not part of any institutional subscrription for a long gap, I have not really read Abigail’s workpiece in this issue of Euromoney (euromoney.com)…
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Tagged with: credit suisse, Euromoney, Goldman Sachs, HSBC, Investment Bank, J P Morgan, UBS, Universal bank
Posted in Financial Markets
Posted in Financial Markets
So, you won’t stop trading at Goldman Sachs! | Banking insight
Distressed debt trading and Fixed Income trading no longer engenders the respect it used to get on Wall Street as activist investors come out of the closet to take on the might of Goldman Sachs intelligence and analysis. Apparently all’s…
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Tagged with: Asia, Citigroup, Goldman Sachs, J P Morgan, JP Morgan, Morgan Stanley, Mumbai, Wall Street
Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US
Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US
The Thursday Fed Update: Another MaidenLane sale, another week, Bank Credit weak in June
The Reserve Bank Credit remains anemic in growth at $8.6B while total assets fell by $10.5 B even as The Fed added $8-9B more in MBS purchases as the Maiden Lane III securities the Fed is holding were auctioned off…
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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: West Coast Economy snowed under/tanned brown by Wells Fargo mortgages
While one can’t say the leader JP Morgan has not tried, with $130 B in consumer loans including less than half a million new mortgages, the Wells Fargo-Wachovia combine, which still thinks expenses from its merger with Wachovia on the…
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Tagged with: Bank, Investment Banks, J P Morgan, John Stumpf, Mortgage loan, United States, Wachovia, Wells Fargo
Posted in Amitonomics, Banking, Retail Lifestyle, US
Posted in Amitonomics, Banking, Retail Lifestyle, US
Global Mid-Day Report: It took the banks to revive the Dow!
As it happens 2 times out of 3 , the sharp finish by JP Morgan to its climactic loss announcements of June 2012 was a resounding success in moving the Dow 150 points on its closing day of the week,…
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Tagged with: Bank of America, Citigroup, Dow Jones Industrial Average, Federal Reserve System, IBM, Italy, J P Morgan, JP Morgan, Morgan Stanley, Spain, Wells Fargo
Posted in Amitonomics, Banking, US
Posted in Amitonomics, Banking, US
Bank Results Season: JP Morgan posts $5 B in profits after CIO massacre
The bank opened the morning proceedings with a restatement of the first quarter results posting a $660M loss to add to the Q1 in Principal Transactions to bring the EPS to $1.20 for the quarter with Net Income from Corporate…
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Tagged with: Bank, CIO, Investment Bank, J P Morgan, Jamie Dimon, JPMorgan Chase, London, Net income
Posted in Amitonomics, Banking, US
Posted in Amitonomics, Banking, US
| INDU | 0.00 | ||
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| DB | 46.36 | ||
| HBC | 54.53 | ||
| GOOG | 900.62 | ||
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