Hints and tips:
Related Special Reports
...Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring, by Gregory Makoff Georgetown University Press $29.95/ £25, 424 pages Robin Wigglesworth is the editor of FT Alphaville...
...The Bank of England’s financial stability committee met today, and the subsequent report indicates that it remains antsy about the engorged size of Treasury basis trades....
...rate risk of bank assets”....
...Even smaller stocks are finally catching up a little, with the Russell Midcap index (+4.3 per cent) and the Russell 2000 (+3.6 per cent) leading the Russell 1000 (+3.2 per cent) in March, notes Bank of America...
...That’s a big takeaway from Bank of America’s latest global fund manager survey, which reveals the increasingly ebullient mood among investors....
...The high leverage of banks is largely byproduct of safety nets embedded in insured deposit funding and ability of banks to issue money like claims....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...The investment bank’s chief global equity strategist has mapped out the multi-dimensional phenomenon of mounting stock market concentration — the rise of US stocks, the rise of tech stocks and the rise of...
...European sovereign CDS have posted a small increase y/y, but less than that of sovereign CDS in the Americas. This also makes sense to us given the lack of concern about European Union integrity....
...Preqin’s latest estimate based on data to Jun-23, stands at $1.71tn globally, with $1.08tn of that situated in North America. These numbers aren’t the whole story, however....
...Bank of America estimates that if interest rates stay at their current level, it will translate into a 32 per cent hit to earnings over the next five years....
...But Bank of America’s credit strategist Oleg Melentyev has a good idea: While we cannot directly observe valuations and credit loss experience in private credit space, we can look at proxy issuers and make...
...Back then, it needed a bailout but the IMF, World Bank and Inter-American Development Bank were fed up of spending time and resources on a perennial hot mess....
...., Ltd. v. Banco Popular Del Peru or Allied Bank Int’l v. Banco Credito Agricola de Cartago is your idea of fun....
...big banks, asset managers, hedge fund traders that advises the US government on its debt issuance....
...Update: Bank of America’s note on Allianz’s earnings has landed in FTAV’s inbox, and they make the same point as us, and predict Pimco will see inflows of €155bn over the next year as “fixed income is set...
...Which is why Alphaville was so glad to spy this from Bank of America in our inbox (our emphasis): Narrow market breadth created a challenging backdrop for active funds in 2023, particularly for Core and...
...After all, there are a lot of small businesses that are struggling to raise loans from retrenching banks....
...Banks may respond by holding thicker precautionary liquidity buffers at the Fed, increasing their minimally comfortable level of bank reserves....
...America’s Private Bank....
...For comparison, Coalition Greenwich estimates that the entire combined revenues of the bond, currency, commodity and equities trading businesses of -deep breath- Bank of America, Barclays, BNP Paribas, Citi...
...While China’s inflation rate has dipped below zero, its producer prices index and the cost of its exports have absolutely plunged, as this Bank of America chart shows....
...Bank of Japan will soon have to scrap it altogether....
...On Tuesday the Financial Stability Board released its postmortem on the spate of bank collapses we’ve seen in 2023....
...According to the 2023 Direct to Consumer Wine Survey by the Silicon Valley Bank, the average cost of a “reserve tasting” in Napa Valley was $128....
International Edition