Hints and tips:
...The EBA and European Central Bank separately reviewed the level of unrealised losses that Europe’s banks are nursing in their government bond portfolios....
...But her supervisors sent her to Barnes Hospital, an NHS geriatric facility near Manchester. It was a big, dark Victorian building with turrets....
...SVB’s depositors, largely drawn from the West Coast’s tech ecosystem, pulled out their money en masse when it emerged that the California-based bank was nursing huge losses on held-to-maturity securities...
...His eponymous boutique came crashing down in 2019, leaving thousands of investors nursing losses. Most of them are still awaiting redress....
...inspections” to examine banks’ exposure to riskier areas, such as leveraged lending and prime brokerage — where the recent collapse of the family office Archegos left its prime brokers including Credit Suisse nursing...
...Europe’s top financial supervisor has warned banks it will raise capital requirements unless they reduce their exposure to risky loans to private equity acquisitions and other highly indebted borrowers....
...ECB officials said the speech signalled that the supervisor had lost patience with several larger eurozone lenders, such as Deutsche Bank, which have been rebuffing its calls for them to rein in riskier...
...I also take my hat off to Charles Webster, my DPhil supervisor. Our current principal at King’s, Ed Byrne, has also been really supportive: I owe him a great debt of gratitude....
...Credit Suisse is nursing the biggest losses of at least $4.7bn. Credit Suisse shareholder payouts have been cancelled and bankers face big bonus cuts....
...One thing to start: Europe’s top banking supervisor has sought to persuade more of the region’s lenders to merge by clarifying its approach to takeovers....
...Bank executives have opposed demands for a capital increase, which would dilute existing shareholders, and feel the supervisor had “no respect” for the effort being made by Italians, said one person close...
...Andrew Bailey, the top banking supervisor, has called the risk models for commercial property “bogus” and “ropey”....
...“Correctional institutions mirror society,” says Bridget Grant, the treatment programme supervisor at Deerfield....
...But it merely illustrates the dilemma faced by the Big Four accountancy firms and their supervisors....
...Softer growth prospects in the US and Europe hit Australian commodity-related stocks, leaving Sydney nursing a loss of 0.5 per cent....
...Nursing a glass of bourbon, Carville was invited to join the men at their table. “We kind of avoided the topic for a while,” Carville recalls....
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