Hints and tips:
...“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....
...Christopher Whalen of Whalen Global Advisors said SVB’s moves had focused attention on the issue of bond portfolios and unrealised losses....
...As boxing legend Mike Tyson once put it: everyone has a plan until they get punched in the mouth....
...What you’ve been saying Bernanke warned that a fiscal response was needed: letter from Harry Thorn, Philadelphia, PA, US RC Whalen (Letters) places too much blame for increasing risk on former Federal...
...“This move is cleaner than potential co-CEOs, an outsider, or delaying a decision that would cause uncertainty among employees,” wrote Mike Mayo, analyst at Wells Fargo, in a note to clients....
...“We have had years now of concern about rising interest rates and what that will do to bond returns,” Mr Whalen said....
...At Citi, chief financial officer John Gerspach bought $500,000 of shares this week, following $1m purchases by chief executive Mike Corbat and chairman Mike O’Neill a week earlier....
...Mike Mayo, analyst at CLSA, said: “The Fed’s twist only reinforces the notion that US banks reflect at least a lighter form of what has taken place in Japan....
...Mike Bell and Dave Whalen, two IAG vice presidents, will co-manage the Ultra Mobility Group with immediate effect....
...Mike Whalen, a Republican businessman, is fighting Bruce Braley, a Democratic trial lawyer, to represent the district, often a battleground for congressional – and presidential – candidates....
...Iowa 1: Rep Jim Nussle’s (R) retirement to run for governor has opened his seat to two evenly matched candidates: Mike Whalen (R), a conservative small businessman, and Bruce Braley (D), an attorney....
...Also on Monday, Dick Cheney, vice-president, is expected to address US troops in Iowa following his attendance at a reception for Mike Whalen, the Republican Congressional candidate in Davenport....
...Chris Whalen, of Institutional Risk Analytics, says: “It’s kind of sad....
International Edition