Blog Archives

Bank Results Season: Morgan Stanley bidding adieu to Investment Banking with a loss of $0.55 per share?

Unfortunately we will bid adieu (only to Morgan Stanley) here at advantages.us as of Q3 2012. A little unfortunate also because right now we do not really have a list of reasons why we would not like to follow thenm

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Posted in Amitonomics, Banking, US

US Economy: Housing Recovery 2012: Housing starts data encouraging, Regional Banks results show the promise

WE have already pointed out in our earlier regular survey/trawling of US Economic statistics daily reports thru July August that the Housing recovery numbers have always seemed impressive on Y/Y changes from 2011 but the increases are insignificant compared to

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Posted in Amitonomics, Banking, housing, Retail Lifestyle, US

New CEO to string up the riffs for Citigroup’s survival? | Banking Insight

Citigroup’s widely vaunted 15 cents a share( Bank Results Season: Citi finally stripped of dignity) celebration on the street yesterday climaxed into a funny jibe at Pandit’s tenure and Citi starts the day deep in the red as leadership changes hands

Posted in Amitonomics, Banking, Retail Lifestyle, US

Bank Results Season: Goldman Sachs earnings jumps to $1.51 B, a RoE jump of 60%

The firm reported a revenue of $8.35B and earnings jump of 60% sequentially to $2.85 per share (diluted) from just $1.78 per share in the June quarter. Earnings estimates for the firm had been billed at below $2 per share

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

Bank Results Season: Citi finally Stripped of Dignity, cries for shame

Vikram Pandit’s Citi turned out to be a bad dream for everyone despite the early lead throughout the crisis and an early and clean attrition of its own bad debt . th elatest quarter strips its EPS of $1.06 or

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Posted in Amitonomics, Banking, Financial Markets, US

Bank Results Season: JP Morgan strives for a $100 B 2012 after CIO position ‘annulled’

Big banks are going to reporting 37% higher business from Mortgages this quarter sequentially and that includes J P Morgan as a proud #2 in the business, behind Wells Fargo. The Earnings season is off with a great report as

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Posted in Amitonomics, Banking, Financial Markets, US

Bank Results Season: Do the analysts have what it takes? | Banking insight

The Deutsche Bank cheat sheet has already been summarised online and while DB’s wait and print report policy on far reaching sell side research previews has been solid in performance, it also starts showing strains as both Buy side and

Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle

Morgan Stanley BANK rids itself of Commodities holdings | Banking Insight

Morgan Stanley stayed away from yet another NASDAQ carnage in Kraft and Mondelez trades inaugurated on the exchange yesterday. While all trades that caused an almost 30% bump in Kraft to $58 were canceled by brokers, Morgan Stanley was barely

Posted in Amitonomics, Banking, Retail Lifestyle, US

Temasek digs into a big bite of Standard Chartered | Banking Insight

The Singapore Government’s International investment fund, which bought into some Chinese banks and Citi and Stan Chart during the crisis is having serious rethink of its investment in Emerging market prince Standard Chartered. meanwhile, “big brother ” GIC which invested

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Posted in Amitonomics, Banking, Retail Lifestyle, US