Blog Archives

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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Posted in Financial Markets

Goldman Sachs and JP Morgan get the pay out approved for 2013| Bank insight

Michael Corbat’s Citi did better than the Wall Street Titans for a change as it managed to get its payouts approved in the 2013 edition of the Fed Stress Tests while JP Morgan’s $1.5 B per quarter buyback program was

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Posted in Financial Markets

Bank Earnings Season: Goldman Sachs thumps in the majority opinion (Q4 and Full Year 2012)

Greg Smith’s ex employer offices in London got off to a wrong start trying to finagle tax-free bonuses and have since abandoned the plan leaving the HR team to explain the relative standing of both stances ( to delay the

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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

The Retail Lifestyle Champions: Apple manages to disapppoint with $36 B topline

Most companies with a $28B topline have had a hard enough time trying to make the same $28B next year. All of them would technically qualify as Apple’s competition till yesterday. Apple, however managed to grow toplines a tad above

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Posted in Financial Markets

The Goldman Sachs career without a 2 year contract | Banking Insight

Of course there is now no end to the material available on the web telling  you about the dull and drab life bankers lead and how their work weeks are filled with all nighters and hours sitting on the desk

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Posted in Amitonomics, Banking, Private Equity, US

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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Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US

US Economy: BLS Employment Situation Report, July 2012 (Current Jobs Report)

After the rash of electronic hiccups hitting RBS results and the Big Board, Wall Street got the reprieve it needed to continue the celebrations when the Jobs report before the open posted a 172000 improvement in Private non farm payrolls

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Posted in Amitonomics, Financial Markets, housing, Retail Lifestyle, US

US Morning Report: No news would have been good news? Also Googleplex, Intel and Yahoo are in your future..

An expected miss from an honestly deflated Wall Street and no exceptional reports except the hope for Windows 8 from Microsoft while Google carries on in online advertising, is hardly the recipe for a perfect day. However evenif this is

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Posted in Amitonomics, Emerging Markets, Retail Lifestyle, US