The Banking and Strategy Initiative

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Tag Archives: Reuters

BofA operationalises closure of 380 branches, and reach 30000 Job Cuts by December | Banking Insight

The rush oto cut jobs at BofA despite protestations of hiring throughout 2011 apparently implies that the bank could concentrate on Retail Banking units or branches to cut costs across … Continue reading

September 20, 2012

US Morning Report: FOMC starts tomorrow, ECB will be buying bonds, Japan is ready to join the good guys

The honest to god assessment of Geithener’s meeting with Draghi and German Finance minister Schauble today or the ECB meeting on Wednesday is that US and Europe in a Coordinated … Continue reading

July 30, 2012

US Economy: The GDP number is a round 3% (Here’s what’s happening in the World Tonight, Ray B., San Diego)

Markets will of course be happy in an otherwise dull week that the GDP report has not thrown any negative surprises, and forget any planned surprises like yesterday’s Reuters report … Continue reading

March 29, 2012 · 1 Comment

Monthly Auto Sales Preview: The February Auto Sales Bump

Auto sales are likely up 27% in February to a SAAR of 14 mln ( less than 900k in February) even as oOil is headed up to $5 even $6 … Continue reading

February 27, 2012

European Sovereign Debt Crisis: New Cuts, Haggling over 123-124% targets

Of course not that the paperwork makes the new targets any more achievable but currently after creditors take a new 70% haircut, the debt to GDP ratio is wthin the … Continue reading

February 20, 2012

In China, Apple loses the smartphone clump too | Retail Insight (The Retail lifestyle champions)

Apple’s iPhones beacuse probably of ¬†users hating to wait for the iPhone 4s, dropped to the no. 5 phone sold with 7% share with Samsaung’s next and Galaxy lines running … Continue reading

February 17, 2012

The Apple iPad settlement background | Retail insight

The iPad trademark was originally owned by Chinese firm Proview with Taiwanese and Schenzhen headquarters. They have made sure Apple cannot sell iPads in China (Reuters Insider) Apple got the … Continue reading

February 15, 2012 · 1 Comment

Structured Finance revival key to European Fortunes again? | Levering insight

Seemingly not much of structured finance tranches adding investments and or redeeming this year have options outside the sector as European defaults of structured ABS remain all time lows providing … Continue reading

February 14, 2012 · 1 Comment

PIMCO may get dubious “Too Big to Fail” designation | Investor Insight

Even as Bill Gross and Mohd El Erian expounded on the various policy flaws of the US and even /Central Bankers across the pond, the institution they represent has bled … Continue reading

February 9, 2012

The Retail Lifestyle Champions: More innovations in 2012 from Disney, Apple

While 2 of their board members will likely also be privy to the launch of a Television from Appleville, on the dot after a three year hiatus. Disney itself is … Continue reading

February 7, 2012 · 1 Comment