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Tag Archives: London

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: FOMC minutes, London close downward trigger

Equities and Commodities are likely to continue reacting sharply in US markets after the minutes from the June 19,20 meeting were released. The FOMC had shorn US growth projections to … Continue reading

July 11, 2012

Global Moves: Brazilian lending crosses 50% of GDP, Korean manufacturing up

Samsung and Kia/Hyundai are going strong as US Imports have held up and thence production Korea sustained at 83 levels. Meanwhile in Brazil Bank credit always in short supply because … Continue reading

June 27, 2012

Staying simple, being HSBC | Banking Insight

HSBC’s investor Day presentation is not out of tune with its marketing campaigns as its Yuan FX desk takes off in London in the Year of the Yuan Dragon. ┬áThe … Continue reading

June 12, 2012

Housing Recovery 2012: The summer verdict from the Pending Home Sales data (US Economy)

FB options continue to provide relief to traders and speculators as they bet on a $25 pitstop and a below $20 price for the new Billboard Top 100 ( sorry, … Continue reading

May 30, 2012

Whale Trader burns JP Morgan goodwill | Banking Insight

Though JP Morgan would degrade earnings for Q2 by a minimum of $800 mln from yesterday’s announcement, the damage could be more severe for the bank’s decision to hold on … Continue reading

May 11, 2012

The Deal Economy (Midweek brush) : Oaktree IPO priced, yelp’s yellow reviews don’t help, I am not iPad

I am not an iPad? Drug maker and soon to be Genomics major Roche brought in a new watermark mid week to compare laboratory experiments and start ups to on … Continue reading

April 11, 2012

JP Morgan’s own Bruno (Stanley Ipkiss) propagates the Big myth | Banking Insight

Bruno Iksil trades Credit Derivatives Indices for JP Morgan. With him at the helm the product’s volumes have increased as investors and banks stay wary of the Credit Default swaps … Continue reading

April 7, 2012 · 1 Comment

US Economy: The morning begins well, It is Jobs thursday

Jobless claims fell 5,000 from a revised 353,000 for the week to 348,000 and the claims average took another hit in the belt with a drop to 355,000. A widely … Continue reading

March 22, 2012

London, London! Did you meet Cutts the Butcher? (UK Budget 2012)

Update: The Speech mentions a 7% deficit target for 2016 from 12% last year and a debt of GBP 98 bln in 2012/13 to 21 bln in 2015/16 as the … Continue reading

March 21, 2012 · 1 Comment