Hints and tips:
Related Special Reports
...University of California, San Diego, for example, returned a leading 11 per cent in fiscal 2023 by virtue of its nearly one-third allocation to the S&P 500....
...US stocks, meanwhile, looked set to snap a six-session losing streak....
...Absent new evidence, we risk skipping over the simpler explanation for the unprecedented speed of the run on SVB, which is just that, as far as banking crises go, the vulnerabilities of the banking system...
...One reason for the modest outlook, Buffett writes, is that his company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a...
...Secondly, I’ve rebooted my old personal newsletter Buy The Dip, and aside from literally talking my book(s) I’m primarily using it as a way to get Alphaville content out and into people’s inbox (which has...
...Galicia will acquire the entire HSBC Argentina business, including banking, asset management and insurance, HSBC said....
...What the market really wants is a firm pronouncement on the future of investment banking. On this he has vacillated recently. Venkat recognises a need to rebalance the group’s businesses....
...The KBW Nasdaq Fintech index is up 31 per cent over the past year, compared with a return of 25 per cent for the broader S&P 500....
...banking....
...Credit card companies are high-margin businesses, with returns on equity far above those elsewhere in the banking sector. Amex reported a 33 per cent fourth-quarter return on average common equity....
...As a result, fewer dollars and euros reach Euroclear and Clearstream, and consequently, Western creditors....
...The S&P 500 recorded its worst two-day streak on Friday and Monday since the regional banking crisis in March 2023....
...Chase as well as the benchmark S&P 500 index....
...The blue-chip S&P 500 was up 0.5 per cent in mid-afternoon trade, while the tech-heavy Nasdaq Composite was up 0.7 per cent....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...They’re going to have a piece of the energy pie, just a bit less of it,” said Thomas Watters, managing director at S&P Global Ratings and another of the report’s authors....
...US bank stocks have fallen to an all-time low compared with the blue-chip S&P 500 index, as demand for big-name technology stocks and the fallout from the banking crisis in March deter investors....
...the alarm on risks in the non-banking sector....
...The writer’s books include ‘The bank that lived a little: Barclays in the age of the very free market’ On February 20, Barclays’ chief executive C S Venkatakrishnan will be revealing the outcome of a strategic...
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...The Bank Term Funding Program amounted to a 200bp rate cut injected narrowly into the banking system, according to JPMorgan’s Bob Michele....
...And sector-wide, Barclays says regional-bank credit spreads are pretty tight relative to the SPDR S&P Regional Banking ETF....
...Women with the chops to make it to senior management in banking are also in demand in other industries, so they don’t have to sit around and wait their turn for a shot at the top on Wall Street....
...In a 20-year period that has been lousy for banks generally, JPMorgan has kept up with the S&P 500 and, recently, beaten it....
...“We put on about S$30bn in that period of time just to lock in rates to protect us from a declining interest rate environment.”...
International Edition