The Banking and Strategy Initiative

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Tag Archives: American International Group

The Mid-Week Trend Update: Banking heavies on watchlist as US exits S&P ‘risk’

The week’s continuing month long Global FX turn seemed ominous for the big banks, Citi coming under fire from one of the rare remaining bears (analyst Mr Peabody) as Emerging … Continue reading

June 13, 2013

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 … Continue reading

July 19, 2012

Fed sitting on a pile of $47 bln in to be riches from AIG | Banking insight – Debt Insight

Things you must know  in this story: NY FED owns $47 bln of AIG CDOs, it still has not auctioned. The FRBNY as it is known, has pushed back on efforts … Continue reading

March 16, 2012

AIG Sale begins: Treasury sells $6 bln of AIG holdings | Crisis Insight

AIG will be buying back $3 bln of it with cash it garnered from other sales and the AIG profit of Maidenlane Securities sales also likely to be added back … Continue reading

March 7, 2012

Asia Impact: China lowers GDP target, AIA sale second time lucky for AIG

StanChart compared well with other ASia Giant HSBC but HSBC has outgrown it in Hongkong and Mainland China just by virtue of having been their longer, even with including an … Continue reading

March 5, 2012 · 1 Comment

AIG exits Blackstone | Deal insight

Earlier during the millenium’s first boom, Blackstone founder Schwarzmann had been firmly planted on AIG board a s a personal friend of Hank Maurice Greenberg. Then in 2010 AIG converted … Continue reading

March 4, 2012

AIG gets ready for a 2012 bang, buys Maidenlane worth $2 bln | Deal Insight

OF course in the last FRBNY auctions that were won by Credit Suisse when the index was 41 cents and sussed by Goldman Sachs when the index hit 65 cents … Continue reading

February 24, 2012

Ally Financial bothered with rebranding as GM? | Deal insight

The GMAC ‘outlet’ Ally Financial that has just stopped selling GMAC loands in Massachussets, is only 73.8% owned by the Treasury but for just $17 bln of the bailout money … Continue reading

February 24, 2012

US Economy: Really, you want data on Friday..

Dow apparently needs not wait for any data or estimates or expectations this Friday, making do with the after hours AIG pop, no tears split over the retailers who have … Continue reading

February 24, 2012

So you think Berkowitz lost his touch? | Fund insight

Paulson recovered 5% though on his funds in 2012 even as Berowitz started coming back from the 58% loss on Bank of America in 2011. AIG and Sears Holdings are … Continue reading

February 14, 2012 · 8 Comments