The Banking and Strategy Initiative

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Tag Archives: J P Morgan

So, you won’t stop trading at Goldman Sachs! | Banking insight

Distressed debt trading and Fixed Income trading no longer engenders the respect it used to get on Wall Street as activist investors come out of the closet to take on … Continue reading

September 10, 2012

The Thursday Fed Update: Another MaidenLane sale, another week, Bank Credit weak in June

The Reserve Bank Credit remains anemic in growth at $8.6B while total assets fell by $10.5 B even as The Fed added $8-9B more in MBS purchases as the Maiden … Continue reading

July 19, 2012

Bank Results Season: The last positive Surprise is in (Bank of America reports Q2 2012)

It has been a week full of positive surprises so the shocker on the headline is just for reminding oneself that Morgan Stanley is the one candidate which makes you … Continue reading

July 18, 2012

Bank Results Season: West Coast Economy snowed under/tanned brown by Wells Fargo mortgages

While one can’t say the leader JP Morgan has not tried, with $130 B in consumer loans including less than half a million new mortgages, the Wells Fargo-Wachovia combine, which … Continue reading

July 13, 2012

Global Mid-Day Report: It took the banks to revive the Dow!

As it happens 2 times out of 3 , the sharp finish by JP Morgan to its climactic loss announcements of June 2012 was  a resounding success in moving the … Continue reading

July 13, 2012

Bank Results Season: JP Morgan posts $5 B in profits after CIO massacre

The bank opened the morning proceedings with a restatement of the first quarter results posting a $660M loss to add to the Q1 in Principal Transactions to bring the EPS … Continue reading

July 13, 2012

Global Mid Day Report – Is West Coast the new battleground for progress?

Three bankruptcies in one week may have given you a feeling of deja vu but from Phoenix to Nevada to San Francisco and even upscale San Diego, Housing recovery may … Continue reading

July 12, 2012

The Thursday Fed Update: (Early Report) Budget Deficit Recovers strength

Though the average deficit for each month (Econoday commentary) is still double the traade deficit of $50 B at $904 B for the first 9 months of the Fiscal year, … Continue reading

July 12, 2012

US Morning Report: Healthcare Law makes it, Sun comes out in the East and the GDP grows 2%

JP Morgan’s woes aside ( The company reports on July 13 and the CDS are holding fine) Obama’s Affordable Care Act is through with the bench led by Chief Justice … Continue reading

June 28, 2012

We are sorry we were wrong about JP Morgan | Banking insight

JP Morgan has finally done it. It seems the bank has fessed up to the CIO office strategy responsible for only 5% of the earnings of the company to wipe … Continue reading

June 28, 2012