The Banking and Strategy Initiative

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Tag Archives: Société Générale

It’s Monday Again: Bank Earnings trough passed? Home recovery on the brink (The Week Ahead: October 28 – November 01, 2013 :: US Economy & Markets)

The Bank rally could have well and truly peaked but for the fact that European Banks are shrinking their credit assets at almost 10% for the last 4-5 quarters and … Continue reading

October 28, 2013

US Economy: Auction yields keep ticking up, yet good Demand

Whether there is QE or not, the exit of money out of bonds seem to be an undeniable fact as 3 month and 6 month auctions continued garnering interest at … Continue reading

April 10, 2012

Europe: ISDA tackles the tough question of Default in the Greek swap ( Post ISDA Action update)

The EMEA Determinations committee that handled the thorny question decided to llet matters be for now asking investors to be sure to come back if anything else happened , bu … Continue reading

March 1, 2012

European Banks Debt Crisis: Europe’s C-rated banks catted by Greece

Both Commerzbank and Credit Agricole, #2 & #3 from Germany and France respectively, admitted as much about their exposure to Greece reporting the 2011 figures. CA reported a EUR 3 … Continue reading

February 23, 2012 · 1 Comment

US & European Banks : Did you make the long list?

Note: This exclusive realisation, brought about by our re-scanning at day end on FT alphaville Moodys’ seemingly gave indications that it will be reassessing banking companies, securities firms with Credit … Continue reading

February 15, 2012 · 1 Comment

European Banks crisis: RBS, Socgen and StanC complete job cut rigmarole

Socgen caught up on its efforts to create EUR 4 bln in Capital by 2013 with union agreements in home grounds in France to let go 880 people. With another … Continue reading

January 5, 2012 · 2 Comments

European Banks recapitalization: Italy falls?

 On the Contrary, Belgium and Portugal become happier places..   Italian Default Probabilities Rise exponentially overnight even as Belgium and Portugal enjoy good fortune and the Eurozone investors keeps saying … Continue reading

November 9, 2011 · 5 Comments

European Bank Results Season: A decisive September for UBS, Deutsche Bank

Even as September got over with Greece looking for a ‘greater haircut’ from banks holding its debt and French yields on the 2 year note at 1% continue to provide … Continue reading

October 4, 2011

Morgan Stanley and Greece again – No Deal!

A feeling of ennui this bold was not in line of sight in the same month of 2008 as regulators and aspecial appointees as well as Bank CEOs were faced … Continue reading

October 3, 2011

Bank of America loses more Ayes

Moody’s just downgraded America’s heritage bank from the A levels to the highest its long term debt the BAA1 rating. That’s down two notches from A2 as the gaping … Continue reading

September 21, 2011