Bank Earnings Season 1Q 2014: Citi follows on to 2013 with a $1.23 earnings
Many were slow to comprehend the notch in Fee income and Retail Banking Income balance at JP Morgan, though analysts had updated their recommendation to a $1.25 EPS for the … Continue reading
It’s Monday Again! Crimea referendum over, Janet Yellen looks to continue the taper? (US Economy & Markets : The Week Ahead March 17 – March 21, 2014) US:AMZN, US:SBUX, US:GS, US:GMCR, US:TWX
What just happened! A fresh run to safety after a brief respite in late February saw Friday trading in 10 year US treasuries to 2.6% afresh even as Gold also … Continue reading
Bank Results Season: Citi Doubles Profits to $13.9 Bln in 2013
From Mike Corbat’s self propelled operational restructuring of the business, Mike’s achievements include in his own words, 15% increase in Operational Income, core loans were up by 7%, $2.4 B … Continue reading
Bank Results Season: Citi unfortunately makes it 3/3 on underperforming Big 4
Of course that is just making the coming bank rally sweeter and likely Friday’s Morgan Stanley results which we do not cover anymore will be missed by the rally after … Continue reading
Bank Results Season: Citi continues to blaze trail under new CEO ($1.33 per share Q2 2013)
The second quarter at Citi followed the pattern established in Q1 and the bank was unable to break the revenue ceiling under Mike Corbat with another $20bln+ revenue quarter … Continue reading
Bank Results Season: Q1 2013: The trader Goldman Sachs turns in another undisputed leadership in investment banking
With leadership in completed M&A esp in fee rich United States, Goldman Sachs powered ahead to a $1.57bln revenue in Investment Banking Fee Advisory income esp as it also capitalised … Continue reading
Bank Results Season: Citi’s uphill battle for a 10% RoE
Q1 earnings set the ball rolling for the Global Bank’s reestablishment strategy under the new CEO, with $4 Bln in Net profits excluding DVA on $20.8 Bln in revenues. The … Continue reading
$10B Foreclosure settlement for BofA, JP Morgan and Citi | Bank Earnings Season
A new $10 B settlement by 14 banks to define and ordain penalties for foreclosure mispractices and abuses has been reached over the weekend bolstering markets rejoicing the newly made … Continue reading
Bank confirms higher liquidity and payout ahead of stress tests | Banking Insight
Both Meredith and Dick Bove released reports for record 2013 Bank stock performance based on identical expectations of a bigger and better payout from Bank of America , Meredith mentioning … Continue reading
Citi Comebacks: The Global citizen tries the Mike O’Neill way
For a man who has done it before, it was easy for Mike O Neil to get down to real surgery at Citi with strategist and CEO MikeCorbat getting into … Continue reading
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