The Banking and Strategy Initiative

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Tag Archives: Financial Crisis

In UK: Elvis has left the building | Advantage 'zyaada'

Vince Cable though is in No, Gordon wasn’t the Elvis. The industry and probably the complete knowledge economy were however a disastrous last step for Britain to assert its salaried … Continue reading

May 17, 2010 · 1 Comment

How AIG got out of paying for its default swaps?

When push came to shove, AIG sat down at the bargaining table instead of paying the sum defaulted..and that’s the usual way of  doing it, but to hear it from … Continue reading

February 7, 2010

The legal fallout of the crisis | Advantage zyaada

Among the ones that escaped the notice of the fourth estate earlier, there was some legal action against banks for mis-declarations and civil fraud such as the mortgage ‘quick-cycles’ of … Continue reading

February 7, 2010

Bank results week: Wells Fargo profits from Wachovia

Wells Fargo used 2009 as a good time to review its national footprint and with Wachovia in its belt used the time to grow its retail presence and cement a … Continue reading

January 22, 2010

Bank reforms – Obama’s Big Fight

In a big public punch at the Street for the third time in Bank results week, Obama enumerated the new Volcker rule to add-on to the reforms instituted by Barney … Continue reading

January 22, 2010

Bank Results Week : BofA reports troubled 2009

BofA is doing well if for the fact that it has already returned all government monies and has provisioned another $1.6 billion for Credit Losses As a new habit, we … Continue reading

January 21, 2010

Metlife could get American unit of AIG

Andrew Sorkin at NYtimes’ Dealbook just updated below Update | 1:12 p.m. MetLife has emerged as the lead bidder for the American International Group’s Alico life insurance unit, people briefed … Continue reading

January 20, 2010