The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Swiss Franc

Foregoing Deferred compensation? there’s still clawback..

If you are a Wall Street wallaby, no longer the Walrus, none the wiser for having been a wizard, the pay salvos from Wall Street companies conitinue as Commerzbank and … Continue reading

February 9, 2012 · 1 Comment

Can Boards get into Pay agreements ever? | Banking Insight

Tuesday wakes up to UBS results showing a nosedive that automatically necessitated pay cuts to the tune of 40% , including Base pay and the shrinking bonus pool despite the … Continue reading

February 7, 2012 · 1 Comment

Spouse at the workplace? How about investment banker as spouse~

Being Philipp Hildebrand wasn’t easy in the run up to ‘the pegging of the Franc’. Wife Kashya, is supposed to have traded a new buy on 500000 Francs worth of … Continue reading

January 4, 2012

The Global downward spiral: Aussie scoops up the weak run

The monthly back to back cuts announced by Reserve Bank of Austaralia came after a yera of keeping rates and the Aussie Dollar strong despite suspect domestic growth as it … Continue reading

December 6, 2011 · 1 Comment

European Banks Recapitalization: Really, to wait for a Greek referendum?

The last minute requirement by Greek Premier Papandreau to get into a popular referendum shows that the political process has really been neglected and this could crop up as a … Continue reading

November 1, 2011 · 2 Comments

European Bank Results Season: UBS slips up to 84% cost Income ratio

UBS used a DVA of $2 bln to set of its losses of $2.2 Bln at the Delta one Trading desk but the net profits of $1.2 bln so reported … Continue reading

October 25, 2011

"No Deal" forces Investment Bank units to cut more jobs

In 2007,  Sub prime mortgages started falling apart and became common knowledge. The constant media attention and the frequently changing regulation has since accounted  for a lot of revenue shrinkage … Continue reading

September 14, 2011

They pegged it! | The Swiss Franc is now CHF 1.20 = 1 EUR

The Swiss Franc is now CHF 1.20 = 1 EUR and already trading the Dollar 10% higher at 80 cents from 87 cents just yesterday..The Euro already down below $1.40 The … Continue reading

September 6, 2011 · 1 Comment

The US downgrade: France is obviously next!

Ok, you know America’s being ahead in consumption is not related to the consumer credit offtake this time and the Fed Reserves aren’t helping any QE3, but they are still … Continue reading

August 10, 2011

The European Armageddon: The real problem is in the economy

While Greek Debt and French downgrades have kept everyone busy in Europe, the Global Corporations from the Continent led by the bankrupt banks from Lloyd, Barclays and RBS on the … Continue reading

July 28, 2011 · 1 Comment