The Banking and Strategy Initiative

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Tag Archives: Citibank

Bank Earnings Season: Michael Corbat presents first results for ‘The new Citi’ (Q4 and Full Year 2012)

The good new first, the bank expanded NIMs with global business and cost of funding managed well at 2.93% though its US mortgage footprint is not comparable with Wells Fargo. … Continue reading

January 17, 2013

US Economy (EoD Review): China signs off on a cat fight for growth

JP Morgan’s bid for a local mutual fund notwithstanding, nothing substantial has happened from the House of JP Morgan and Goldman Sachs after setting up $5 bln in funds with … Continue reading

March 21, 2012 · 1 Comment

2012 Bank Results Preview: Banks set to double dividends (All banks will clear stress tests)

Citibank, JP Morgan and others excluding Bank of America get eager to receive results of the Fed stress Test that will alow Citi to increase its dividend from the notional … Continue reading

March 11, 2012 · 2 Comments

John Paulson misses BankAm upswing, Wells Fargo and Citi | Fund insight

While he still owns JP Morgan and Hartford (HIG), his $157 mln position in JP Morgan Chase is not half as profitable as the near 50% revival in Bank of … Continue reading

February 18, 2012

Citibank: Taxing Card Rewards / Frequent Flyer Miles

Citibank is issuing tax demands at 2.5 c per mile on its award miles for opening a savings or checkings account. As of now it just seems like – if … Continue reading

January 26, 2012

Bank Results Season: Can the Citi break your heart?

Even as the banks merge in to the Pike without nearly any gas left, both JP Morgan and BofA did pretty well in fee based lines, growing them to nearly … Continue reading

April 16, 2011 · 1 Comment

Of FDI and Another Sovereign Wealth Fund weekend |, Advantage 'zyaada'

A primer on Sovereign Wealth Funds and their appetite for International Investment You have already heard this a couple of times in the bull pen before the trading day begins … Continue reading

June 1, 2010 · 6 Comments

Citibank out of Private Equity , Real Estate

Private Equity is a specialised business, in that the players concerned are unlikely to turn up to defend their investments and even trading actions to a Senate Banking Committee, even … Continue reading

February 4, 2010 · 1 Comment

Axis Bank quits PE business | Advantage Infrastructure

closer to my chawl in this unknown highrise in Bangalore suburbs, even Axis Bank has had no success with what it was running a s a PE operation. Its funds … Continue reading

February 4, 2010 / Companies / Financials – Lloyds TSB investors back HBOS rescue

Lloyds TSB investors have overwhelmingly backed the bank’s controversial rescue of HBOS and its plans to raise £5.5bn of capital despite some shareholders voicing concerns. Several hundred investors gathered in … Continue reading

November 20, 2008