The Banking and Strategy Initiative

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Author Archives: zyakaira

Wells Fargo makes another Dollar for the stores~! :: Bank Earnings Season 1Q2015

Well the release is still awaited but the sneak preview says Wells Fargo made it past a $1.04 in earnings on par with December which definitely counts for an herculean … Continue reading

April 14, 2015

The year when we discuss a Break up and get back to Trading: JP Morgan:: Bank Earnings Season 1Q2015

As JP Morgan spent their Investor Day showing, it is actually going to be fun for them to get the break up orders for the Consumer Bank, though they would … Continue reading

April 14, 2015

Bank Earnings Season 2014: Goldman Sachs keeps leadership in Financial Advisory business

The firm made $1.44 Bln in Advisory income in Q4 and placed #1 in M&A with $6.46 Bln Investment Banking revenues including underwriting income for 2014. Institutional Client Trading, pathetic … Continue reading

January 16, 2015

Bank Earnings Season 2014: Citi shows up with $3.85 Bln in Net Income in Q4 to legal charges for the quarter

The earnings management exercise is surely showing better “control’ during Mike Corbat’s reign as the bank digests exits from 16 Emerging markets and manages with another 2 cents on the … Continue reading

January 15, 2015

Bank Earnings Season 2014: Bank of America, finally an also ran, Merrill Lynch too!

Just to discover ofcourse that we do not cover the banks outside the Big 4 and took close decisions to drop Morgan Stanley earlier and are yet a little on … Continue reading

January 15, 2015

Bank Earnings Season 2014: Mortgage Originations end the same $47 Bln for Wells Fargo and $23 Bln for JP Morgan in December 2014

We have seen these numbers before as the mortgage markets rebounded in 2013. Again at the end of 2014, banks report similar terrain as refi markets jump 66% in the … Continue reading

January 14, 2015

Bank Earnings Season 2014: JP Morgan scores a tepid Q4 as Fixed income yields crash the 2% floor

Full year Net Income crossed $21.8 Billion for an earnings rush of $5.29 but Q4 remained a low $$1.19 per share as the bank clamed to have come out as … Continue reading

January 14, 2015

The week ahead ( December 15 – December 19, 2014): US Economy & Markets

It’s Monday Again! Oil trickles down below Shale costs as the Fed makes a case.. The Fed however makes another case for not doing anything this Wednesday and the markets … Continue reading

December 14, 2014

The week ahead (December 08-12, 2014) : US Economy & Markets

It’s Monday Again! Basel gives up on European Banks reform process, and the Dollar rise~!  If you and I knew any better, we would be more prepared for another edition … Continue reading

December 7, 2014

The week ahead:: December 01 – December 05, 2014 (US Economy & Markets)

It’s Monday Again! Rouble, Oil producers hit by a downward spiralling price, Euro in a smart grip? A sure sign of disaster for the Euro to start the proceedings after … Continue reading

December 1, 2014