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: Too Big to Fail
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
A bank is hiding inside your supply chain
My latest story on CFO.com: merchant banking physical commodities warehouses aluminum derivatives price manipulation Goldman Sachs.
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
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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
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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
Capital question
Ok, so this new study from the Federal Reserve Bank of Boston is from, um, the Federal Reserve, but the results are still compelling: Our study indicates that the capital depletion during the recent financial crisis at large U.S. financial … Continue reading
Posted in Bank balance sheets, Banking, Regulation, Too Big to Fail
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New Files to Download
The Goldman Sachs study on Too Big Too Fail, an S&P note on rising leveraged buyout valuations, and a data screen on the top companies with rising debt levels relative to EBITDA. Enjoy.
Posted in Corporate debt, Data, Downloads, M&A, Regulation, Too Big to Fail
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Glass-Steagall, Part Deux
21stCenturyGlassSteagall I haven’t thoroughly reviewed the bill yet, so I am neither for or against it. But this item in the “purpose” section tickles me: (3) to eliminate conflicts of interest that arise from banks engaging in activities from which … Continue reading
Posted in Banking, Regulation, Too Big to Fail
Tagged Commercial bank, Elizabeth Warren, Financial services, Investment Banks, Wall Street
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The Bankers’ New Clothes Video
Anat Admati explains her plan for fixing the global banking system. Related articles You give me a capital requirement, I’ll give you a derivative to skirt it. (mathbabe.org) Quick Take: Banks Need More Skin in the Game (thestreet.com) Why the … Continue reading
Posted in Banking, Corporate debt, Regulation, Too Big to Fail
Tagged banking, equity, finance, financial crisis
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Margin of Safety 