Hints and tips:
...Insurance Corporation (FDIC) as receiver....
...Another indication is that FHLB debt counts as a high-quality liquid asset for satisfying bank liquidity requirements....
...That can make sense — as long as depositors don’t ask for their money back and banks can hold the bonds to maturity. Otherwise, HTM accounting can give a false sense of capital cushion....
...The bank also employed the services of Richard Hohlt, a top Washington lobbyist, who has been advocating for less aggressive policing of the industry since before the savings and loan crisis in the 1980s...
...“I’m expecting the volumes to grow, but for them to taper off over the coming months as inflation continues to be very high,” said Phoenix Kalen, global head of emerging markets research at the French bank...
...The Central Bank of Nigeria is attempting to temper the euphoria with warnings that inexperienced investors could lose their meagre savings....
...with modest central bank purchases of corporate bonds — at least so far in the case of the US Federal Reserve — explains in part wider credit risk premiums....
...JPMorgan Chase has drawn a line under a dispute arising from its 2008 acquisition of Washington Mutual, agreeing to drop its case against the Federal Deposit Insurance Corporation in exchange for a payment...
...The largest bank in the US said it was trying “to recover substantially in excess of a billion dollars” from the FDIC, which managed the receivership of Washington Mutual after the bank failed during the...
...Mr Bonderman was one of the biggest winners to come out of the savings and loan crisis of the late 1980s when he bought the old American Savings Bank, which later formed the nucleus of Washington Mutual....
...which were looking kinda banky (ML Bank and ML USA) turned out to be a federal savings bank and an industrial loan company respectively....
...Banks use highly rated securities as almost the equivalent of cash— whenever they need more dollars or euros, they hand the bonds over to another bank as collateral....
...bonds to get value out of underperforming companies through leveraged buy- outs....
...For all large EM economies foreign investors are unable to hold currencies and bonds in their bank accounts offshore. This will require meaningful reforms, likely years of legislation....
...Mr Barrack has also considered bidding for failed banks with exposure to real estate such as Corus Bank....
...As to supervision, the Bank Holding Company Act of 1956 (BHCA) designates the Federal Reserve as the consolidated supervisor of all bank holding companies....
...This is not a call for nationalisation but rather for a temporary injection of public funds to clean up problem banks and return them to private ownership as soon as possible....
...than for banks like Goldman Sachs....
...One former White House official notes that Mr Bolten, who spent five years in London working for the investment bank Goldman Sachs, is an adept deal-maker and may yet deliver....
International Edition