Hints and tips:
...“Bottom lines look pretty good for the first quarter, but they will not look good for the rest of the year,” said Christopher Whalen, a bank analyst and head of Whalen Global Advisors....
...“Their income is getting squeezed,” said Christopher Whalen, a veteran industry analyst, who is the head of Whalen Global Advisors....
...“The cost of deposits are going to come down,” said Christopher Whalen, who is the head of Whalen Global Advisors. “And if rates drop even a little bit, you could see a boom in lending.”...
...“Not a horrible quarter, but profits are going to continue to be strained,” said Christopher Whalen, a veteran bank analyst and head of Whalen Global Advisors, of the industry-wide picture....
...“Bankers are going to extend the loans if they think the asset can be saved,” said Christopher Whalen, a veteran bank analyst and head of Whalen Global Advisors....
...“A lot of institutional investors have just given up on them,” says Christopher Whalen, a veteran bank analyst who is the head of Whalen Global Advisors....
...“Flagstar has gotten a very fair deal,” said Christopher Whalen, a banking analyst and chair of Whalen Global Advisors....
...Christopher Whalen of Whalen Global Advisors said SVB’s moves had focused attention on the issue of bond portfolios and unrealised losses....
...No one expected this continued inflation,” said Christopher Whalen, a longtime bank analyst who is the head of Whalen Global Advisors. “The banks with big Treasury books have the most problems.”...
...“What is going on is pure panic,” said Christopher Whalen, a veteran bank analyst and head of Whalen Global Advisors. “If we get more bank failures, I think we could see the Fed drop rates.”...
...“Flagstar has gotten a very fair deal,” said Christopher Whalen, a veteran bank analyst....
...Christopher Whalen, a New York mortgage banker, says “profitability in July was astounding”....
...Christopher Whalen Chairman, Whalen Global Advisors New York, US...
...This limited the two lenders’ chances of getting their offering away at a good price, said Christopher Whalen of Whalen Global Advisors....
...In the meantime, as mortgage industry investment banker Christopher Whalen explains: “All servicers generally have a month between the receipt of the loan pay-off (from a refinancing) and the principal payment...
...The writer is managing director of the IMF Letter in response to this article: IMF chief risks creating deflation with plea to halt dividends / From Christopher Whalen, Chairman, Whalen Global Advisors...
...“The interest-only phenomenon is a late-cycle indicator and definitely a red flag,” said Christopher Whalen, chairman of Whalen Global Advisors....
...Christopher Whalen (Letters, November 5) swells the chorus of mostly well-earned praise for Paul Volcker with a swipe at his Federal Reserve successors Ben Bernanke and Janet Yellen....
...Christopher Whalen, a mortgage industry investment banker, says: “I would say the industry has an overcapacity of about one-third of its current structure. You could lose half of the loan officers....
...What you’ve been saying Clearing up after Volcker’s monetary contraction: letter from Michael Kuczynski, University of Cambridge, UK Christopher Whalen (Letters) swells the chorus of mostly well-earned...
...“They weren’t paying anything a few years ago — it’s extremely competitive now,” said Christopher Whalen, a bank analyst. “The cost of that money is going up a lot....
...That Mr Solomon has come out on top “doesn’t surprise me; he’s a very intelligent, aggressive guy,” said Christopher Whalen, an author and former colleague of Mr Solomon’s at Bear....
...And, as Christopher Whalen, a mortgage industry investment banker, says: “There is no way for analysts or investors to anticipate or understand the adjustments to valuations of MSRs that are made under “...
...“Regulation has pushed up the cost of servicing a loan four fold since 2008,” says Christopher Whalen, chairman of Whalen Global Advisors, a mortgage industry expert....
...“Maybe more than the numbers, the damage to the aura of invincibility of the House of Goldman may be the real story,” said Christopher Whalen, an independent analyst....
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