The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: CDS

JP Morgan suspends share buybacks | Banking Insight

As we mentioned in our analysis the day after the Whale broke out, the bank did not continue its share buybacks of $12-$15 B promised in the new Capital plan … Continue reading

May 21, 2012

ISDA Declares Credit Event | CDS Insight

CDS holders get a welcome few dollars more on the $3 bln Greek CDS outstanding for which an auction will now be held on March 19 or the Tuesday after … Continue reading

March 10, 2012 · 1 Comment

JP Morgan’s European Exposure reported at $16 bln in the South | Banking Insight

Here’s the details from the 10k filed earlier 10 days ago. European loan book is well north of $100 bln but is mostly lending to UK, Swiss and NetherlandĀ Corporates that … Continue reading

March 10, 2012

A leaky fiscal consolidation in 2012 as Portugal swims close to the sharks | Insight Europe

Even as Athens and Brussels look hopelessly middlesd up in the middle of the 17th summit in two years, the markets shot up Portugese 10 Y yield to 17% and … Continue reading

January 30, 2012 · 2 Comments

Morgan Stanley and Greece again – No Deal!

A feeling of ennui this bold was not in line of sight in the same month of 2008 as regulators and aspecial appointees as well as Bank CEOs were faced … Continue reading

October 3, 2011