The Banking and Strategy Initiative

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Tag Archives: New York

It’s Monday Again: Cancer Pharma M&A, Luxe retailers Sales reports and a higher GDP clip

  Jackson Hole seemed exceptionally sunny as the search for Bernanke’s replacement is on and despite Bullard and the high rate hit new Home Sales last week a Setember calendar … Continue reading

August 26, 2013

US Morning Report: The Pound winds down, Stanchart pays with $15B in Market Cap and Facebook gets ready for extreme supply

The Pound Sterling fell to more comfortable levels in Asia and for once London did not have to go against the grain of the trade in the pre US open … Continue reading

August 7, 2012

Delta vs United : Goldman Sachs’ call on aviation might be right priced

Though aviation majors like United (UAL: US) and Delta (DAL:US) have shown that they are capable of turning around slower times into higher profits ith lower capacities and hub rationalisation … Continue reading

July 16, 2012 · 1 Comment

US Morning Report: Redbook report down to 2.3% for June, Case Schiller up 1.3%

The Case Shiller Index, even the Non Seasonally adjusted National figures were up for the third consecutive month, last month’s 17 month record broken at -2.6% annual difference improving further … Continue reading

June 26, 2012

JP Morgan surprise press conference to report new $2 bln losses | Banking Insight

The JP Morgan Treasury / Chief Investment Office is purportedly carrying losses of up to $4.5 bln and the same would be disclosed in a press conference in detail in … Continue reading

May 10, 2012 · 4 Comments

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

The Housing Recovery 2012: BofA brings back Rental REITs | Banking insight

While some banks have been packaging off properties for foreclosure to real estate developers and Professional REIT only funds have increasingly been relying on rentals as a source of income, … Continue reading

March 23, 2012 · 1 Comment

Fed sitting on a pile of $47 bln in to be riches from AIG | Banking insight – Debt Insight

Things you must know  in this story: NY FED owns $47 bln of AIG CDOs, it still has not auctioned. The FRBNY as it is known, has pushed back on efforts … Continue reading

March 16, 2012

US Economy: Jobless Claims back at 351k, Empire State 20.21

After the last week data was revised upwards, Jobless Claims are down 14k for the week and the moving average is up very slightly to 355.75K and thus unchanged for … Continue reading

March 15, 2012

There’s nothing wrong with the guys at Goldman Sachs, or Utah! | Location Insight

Utah looks like  it could become mine and Lloyd Blankfein led Goldman Sachs new favourite with 21% rise is state and local taxes in New York a good reason to … Continue reading

March 9, 2012 · 1 Comment