The Banking and Strategy Initiative

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Tag Archives: Loan

Bank Results Season: BofA turns in an all round excellence score

Net profits of $2.6 B on just $1.7 B in Loan losses before taxes led the most heavily capitalised bank in the orld to further improve its net Basel 3 … Continue reading

April 17, 2013

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 (The week ahead): June 24, 2012 – June 30, 2012 — H1 ends on the lowest notes

With the GDP numbers coming in on Thursday for a Q2 which was anyway expected to get worse, car sales incl uding imports are not bringing in any white hope … Continue reading

June 23, 2012

BofA $8.5 BLN settlement still subject to query from Eric Schneiderman | Legal insight

The New York Attorney General, emboldened by his $25 bln settlement with BofA and Ally Financial among others in 49 states that was validated by courts, continued questioning the pennies … Continue reading

April 11, 2012

Banks get ready for Crisis 3.0 – Blackrock bets on SocGen property loans | Banking Insight

In a seemingly transparent and lucid deal, Blackstone is picking up $131 mln worth of Property loans from Socgen getting in on property plays as Patron recruits an ex Lloyds’ … Continue reading

March 18, 2012

JP Morgan’s European Exposure reported at $16 bln in the South | Banking Insight

Here’s the details from the 10k filed earlier 10 days ago. European loan book is well north of $100 bln but is mostly lending to UK, Swiss and NetherlandĀ Corporates that … Continue reading

March 10, 2012

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In a year when ctringent policy action on bans has been replaced by a considered caution in tightening and monetary loosening in policy, th ebanks have been asked to bear … Continue reading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

US Economy: The Consumer Credit jump lasts another $20 bln

The December data is exactly $19.7 bln again this month after a $20 bln jump last month with $14 bln in Auto and $5.6 bln in revolving credit. The December … Continue reading

February 7, 2012 · 5 Comments

US Economy: US Retail ex Auto – Where did you park the economy, exactly!

The graph on the right tells the story of a sunny disposition in retail sales destroyrd by the fatigue from overspending on cards for America, apparently. That could be one … Continue reading

January 12, 2012 · 6 Comments