Category: Banking StocksThe analysis published under this category are as follows.
Tuesday, February 07, 2017
Chinese and European economic activities are finally showing signs of strength, and in 2017, any severe corrections should be viewed as opportunities to position more strategically for long-term gains, says Lior Gantz, editor of Wealth Research Group.Read full article... Read full article...
Wednesday, November 23, 2016
Nedbank Private Wealth is a leading international private bank offering account services and offshore investment opportunities to globally mobile professionals.
This is a review and summary of their banking and investment offering.
It is written to enable anyone looking for an organisation for international wealth management to make an informed choice about their solution provider.Read full article... Read full article...
Tuesday, October 04, 2016
Although the seeds of the 2008 ‘financial crisis’ were sown at a much earlier period of time, the banking institutions continued to reap the benefits of ‘easy money’ until the financial crisis of 2008 negatively impacted the economy. The damage would have been much larger had U.S. taxpayer’s money not been used to bail out a large number of struggling banks and companies.Read full article... Read full article...
Monday, July 25, 2016
Last Friday, the Banking Index closed at 67.50 with the C-RSI at a Caution level of +2.07.
The Accelerator had a very small up tick. The Timing Indicator was in positive territory with an up tick that still showed technical upside trending.Read full article... Read full article...
Tuesday, July 19, 2016
Does Danger lurk on the Banking Index?
Last week, the Banking Index closed at 67.22 with the C-RSI at a Danger level of +1.59.
The Accelerator had a very small down tick. The Timing Indicator was in negative territory with an up tick that still showed technical upside trending.Read full article... Read full article...
Friday, July 01, 2016
Barclays Doesn’t Need More Capital Even With Brexit, Staley Says - Video / Companies / Banking Stocks
Barclays CEO Jes Staley says in a Bloomberg Television interview with Erik Schatzker that the bank didn’t see stress in funding during market volatility.
- No agreed-upon sales of non-core assets had clauses that would cancel them because of Brexit.
- Stock decline prompted by earnings concerns, not capital or liquidity questions.Read full article... Read full article...
Tuesday, May 03, 2016
Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California? / Companies / Banking Stocks
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.
In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned depository bank, was more profitable even than J.P. Morgan Chase and Goldman Sachs. The author attributed this remarkable performance to the state’s oil boom; but the boom has now become an oil bust, yet the BND’s profits continue to climb. Its 2015 Annual Report, published on April 20th, boasted its most profitable year ever.Read full article... Read full article...
Saturday, April 23, 2016
FRA Co-founder Gordon T. Long is joined by Mish Shedlock in discussing the rigging of gold and silver by Deutsche Bank and the reliability of so called “casino banks” and the state of global banking institutions.
Read full article... Read full article...
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. He is also a contributing “professor” on Minyanville, a community site focused on economic and financial education.
Friday, April 22, 2016
Mike Mayo, managing director at CLSA Americas, spoke with Tom Keene and Michael McKee on Bloomberg Radio this morning. Mayo said Citigroup, Bank of America and Comerica should move faster to restructure, including selling more assets, to catch up with competitors that are generating better returns: “All three of those banks have failed to create value for every year for the last eight years. And so our question for the board of directors is if you’re not getting it done, what is your plan B?”
He said: “You have some banks like JPMorgan and Wells Fargo with very good returns. Citigroup has poor returns. That’s why our team is going to the annual meeting on Tuesday to say some of your peers are getting it done.”
Saturday, April 16, 2016
Deutsche Bank Admits Rigging, Will Expose Other Riggers
Deutsche Bank has admitted it rigged both the Gold market and the Silver market. ZeroHedge has the details in his report Deutsche Bank Agrees To Expose Other Manipulators.
Many asked me to comment. I am shocked?Read full article... Read full article...
Wednesday, February 03, 2016
Transcript Excerpt: Tuesday February 2nd 2016 short video on Goldman Sachs the investment bank that
was saved by the Federal Reserve in 2008 September 2008 overnight federal reserve
on a Sunday you know gave Goldman Sachs bank holding company status
overnight just like that in order to save Goldman Sachs that they could
borrow money from the Fed
their investment investment bank so you could argue that their actual investment
bank with government guarantee now you know from 2008
Tuesday, December 29, 2015
At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed the EU and the G20’s Financial Stability Board, which have imposed an “Orderly Resolution” regime that keeps insolvent banks afloat by confiscating the savings of investors and depositors. Some 130,000 shareholders and junior bond holders suffered losses in the “rescue.”Read full article... Read full article...
Saturday, December 19, 2015
Two charts, one message
Editor's note: You'll find a text version of this story below the video.Read full article... Read full article...
Saturday, October 24, 2015
At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passed by the US legislature. It was supposed to end "too big to fail" and "bailouts," and to "promote financial stability." But Dodd-Frank's "orderly liquidation authority" has replaced bailouts with bail-ins, meaning that in the event of insolvency, big banks are to recapitalize themselves with the savings of their creditors and depositors. The banks deemed too big are more than 30% bigger than before the Act was passed in 2010, and 80% bigger than before the banking crisis of 2008. The six largest US financial institutions now have assets of some $10 trillion, amounting to almost 60% of GDP; and they control nearly 50% of all bank deposits.Read full article... Read full article...
Monday, October 19, 2015
A sign on the door of Opportunity reads Push. - Anonymous
The financial sector has pulled back nicely during the market sell off in August, setting up a nice opportunity for the contrarian player. The masses are fixating on whether or not the Fed will raise interest rates by a minuscule 0.25%. While they fixate on this issue opportunity could be at hand;now might be the time to put some money into banks. One simple way to achieve this would be via KBW Nasdaq Bank Index (BKN).Read full article... Read full article...