The Banking and Strategy Initiative

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Tag Archives: Finance

BofA gives up more to struggling Fannie Mae | Bank Earnings Season

in a second settlement that will hurt BofA immediately in the fourth quarter the bank agreed to pay Fannie mae nearly $7 bln for some 32000 mortgages faultily sold to … Continue reading

January 8, 2013

US Morning Report: Jobs report denies Thursday’s Private payrolls report / Services optimism

Th eJobs report finally came out to a measly 80K. Private Payrolls are up 84K and the unemployment rate unchanged. Dow Futures are down 60 points as we speak with … Continue reading

July 6, 2012

European Debt Crisis: Banks and Markets continue to pay for Spanish folly

Greek elections set a few tumblers right but the numbers on the Spanish 10 Y bond yields put the spinning banks firmly into the centre of the whirlpool, European Banks … Continue reading

June 18, 2012

US Economy: Higher Interest rates are here (likely!) and that guarantees growth

In what must gladden our and even Paul Krugman’s hearts, just two weeks ago a paper from our PM namesake and IMF Economist Manmohan Singh appeared to taser thru fixed … Continue reading

May 1, 2012

US Economy (EoD Review) : Crude build continued, 30 year yield shoots up to 3.38% (Auction)

A Hurrah for the going away of Daylight Savings as now the EOD review of Economic Data can come to you near market closing on most days. Especially on dull … Continue reading

March 14, 2012

A leap of faith: Why Portugal does not need a second bailout | Europe Review and Insight

While Spanish and Italian bonds are back in liquidity with yields for Italian bonds down to 1.2% for 6 months and 5.26% for 10 year bonds, just availability of quotes … Continue reading

February 29, 2012

The Private Equity Bonus Roulette: KKR pays itself as a dozen go into active investigations

Valuation concerns flagged by the SEC in a Conference earlier this month haven’t subsided as SEC gets into checking the antecedents of all internal and external valuation done by Private … Continue reading

February 28, 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

Structured Finance revival key to European Fortunes again? | Levering insight

Seemingly not much of structured finance tranches adding investments and or redeeming this year have options outside the sector as European defaults of structured ABS remain all time lows providing … Continue reading

February 14, 2012 · 1 Comment

Mollycoddling banks on default! | Insight China

In a year when ctringent policy action on bans has been replaced by a considered caution in tightening and monetary loosening in policy, th ebanks have been asked to bear … Continue reading

February 12, 2012 · 1 Comment

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