Author: Vincent Ryan
CFO.com- Nio Trades Down After Upsized Equity Offering Prices at Discount
- Ally Financial’s Profit Drops by More Than Half
- Fed Clamps Down on Bank Capital Distributions
- U.S. Banks’ Profits Sink 69% to $18.5B in Q1
- W.Va. Bank Fails After Years of Financial Woes
- Fed Offers Liquidity to Foreign Central Banks
- Fed Loosens Examination Reins on Banks
- Square Analysts React to FDIC’s Conditional Banking License Approval
- Plan Now for an Orderly Transition from Libor
- Fed Adopts ‘Stress Capital Buffer’ for Big Banks
Category Archives: Financial crisis
Next financial crisis locales? Try China and India
As I wrote on CFO.com on Tuesday, China’s domestic banks may face problems during the “great moderation” of China’s economic growth. A recent S&P report said that the majority of China’s top banks, and many regional and national banks, “remain vulnerable … Continue reading
Anchor Comes Loose
What a week for Anchor Bancorp of Wisconsin. Its holding company declares bankruptcy, then the SEC comes out today with fraud charges against the CFO. (The case was settled.) A bad earnings report just added icing to the cake. Anchor … Continue reading
Guess who created the latest derivative product
Yep, you guessed it, the federal government. The Financial Times reported today that Freddie Mac will sell a new kind of derivative that will get private investors to take on the risk of default of $22.5 billion in mortgages. From … Continue reading
Another kind of contagion
Prior to the financial crisis, you may recall, most of the risk management talk in the banking industry was about protecting against a bird flu virus pandemic. While the mortgage-backed securities market was turning into a toxic wasteland, global regulatory … Continue reading
Posted in Banking, Financial crisis, Regulation, Too Big to Fail, Uncategorized
Leave a comment
Buffett explains how to play it safe
The Seeking Wisdom blog on WordPress had a great post about the concept of margin of safety. Read it here. Among other points, he provides an excerpt of a 1984 speech on buying companies, by none other than Warren Buffett … Continue reading
Posted in Banking, Corporate debt, Financial crisis, M&A, Too Big to Fail
Leave a comment
Bank execs have a laugh at our expense
Listening to two Anglo Irish Bank execs joke about a 7 billion euro bailout is nauseating, but are we really surprised conversations like this went on? This recording of an internal phone conversation between the head of the bank’s capital … Continue reading
Margin of Safety 