The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Government debt

A look at UK bank results: How RBS survives the apocalypse it brings

RBS posted gross profits of GBP 1.3 bln from its insurance on GBP 4 bln in Gross premium even as 2011 revenue fell an expected 13% to GBP 28 bln, … Continue reading

February 23, 2012

S&P confirms its Spain ratings impact | Banking insight

BBVA and Santander were among more than a dozen banks downgraded in Spain after ?Italian Baanks suffered a similar fate last week on the sovereign downgrade impact. Fitch alsolowered ratings … Continue reading

February 14, 2012

European Sovereign Debt Crisis: It's done (almost there!) Greece has defaulted without accident

As the news ticker everywhere s squawking right now, the investors’ deal post being past, the borrowers will deign the securities to be eexchanged at a rate less than 3.5% … Continue reading

January 24, 2012 · 4 Comments

European Banks recapitalization: Italy falls?

¬†On the Contrary, Belgium and Portugal become happier places..   Italian Default Probabilities Rise exponentially overnight even as Belgium and Portugal enjoy good fortune and the Eurozone investors keeps saying … Continue reading

November 9, 2011 · 5 Comments

European sovereign debt crisis: Italian downgrade a good pointer to FOMC proceedings

As Silvio Berloscuni continued to invoke great theater and try its best to pass austerity measures of $18 blln hanging fire for more than three months, S&P finally downgraded Italy … Continue reading

September 20, 2011

The European Sovereign debt crisis – A refresh edition

The European Sovereign debt crisis basics in September The Grecian Economy manage a 8% contraction in Q1 and another 7.3% in Q2 over 2010 and that debt is already trading … Continue reading

September 12, 2011