*DIMON: COMMERCIAL REAL ESTATE, OFFICE LOANS ARE AN ISSUE *DIMON: COMMERCIAL REAL ESTATE LOSSES MAY TAKE A FEW BANKS DOWN — zerohedge (@zerohedge) May 11, 2023 Regulators should look at a short-selling ban on banks, JPMorgan CEO Jamie Dimon says …
by laflammaster H.8 – Weekly bank statements on assets and liabilities provided every Wednesday by the Fed. 722 high risk, 31 with ultra high risk of collapsing. Massive asset duration mismatch combined with today’s high interest rates have turned banks …
SEC to vote Wednesday on faster reporting of ‘trigger events’ Separate item would boost investor insight into share buybacks Large hedge funds will have just three days to privately tell US regulators about extraordinary investment losses and major margin events …
via fortune: Silicon Valley Bank (SVB) failed because it invested too much in long-term bonds that lost value when interest rates went up. That’s what our accounting rules encourage banks to do. As a consequence, U.S. banks, including some of America’s …
by: Arsenio Toledo (Natural News) Banks in the United States are sitting on a time bomb of unrealized losses totaling around $1.7 trillion. This is according to a study released on March 13 by the New York University Stern School of Business (NYU Stern) that …
by Michael If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of hurt. When banks get into trouble, they start getting really tight with their money. That means …
Why do banks invest in MBS? Itamar Drechsler, Alexi Savov, and Philipp Schnabl* March 13, 202 New York University Stern School of Business U.S. banks had unrealized losses of $1.7 trillion at the end of 2022. The losses were nearly …
Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most …
by: Ethan Huff (Natural News) The failure of Silicon Valley Bank (SVB) is just the tip of the iceberg as more than $620 billion in losses across the entire banking sector looms as a financial ticking time bomb. According to the Federal …
Bank of America has $113 Billion of unrealized losses on its balance sheet This represents >60% of tangible book value pic.twitter.com/rt6NgV4bBL — Jack Farley (@JackFarley96) March 15, 2023 Just like SVB, these “assets” aren’t Marked to Market. If they ever …
That’s all fine until there’s a bank run. Then they might need to reclassify them as AFS and sell at a loss to meet the withdrawals, which was supposedly likely to happen at SVB before FDIC took over. They already …
Real Cash Losses in Japan 🇯🇵 pic.twitter.com/ctP2u0JafY — Win Smart, CFA (@WinfieldSmart) March 7, 2023 This week’s BoJ meeting will be the last for Kuroda, as governor. pic.twitter.com/2X6EzbkTJL — Ayesha Tariq, CFA (@AyeshaTariq) March 7, 2023
Bill Hwang took it all down. That man is a legend. Credit Suisse Group AG CS 3.81%increase; green up pointing triangle reported a fifth consecutive quarterly loss and faced a $100 billion torrent of withdrawals from the rich customers who …
https://techcrunch.com/2023/02/06/softbank-loses-nearly-6-billion-in-a-quarter-as-downturn-continues/ SoftBank Group’s investment vehicles posted a loss of nearly $6 billion in the quarter that ended in December as the Japanese tech investor continues to bleed through the market downturn and significantly pares back new backings. This is the …
by Shaun Richards Today we find that two pieces of news coincide and indeed collide. Ket me start with a piece written in the Financial Times by Agustin Carstens of the Bank for International Settlements or BIS. For those unaware …
Losses of more than a billion dollars a week as of late. Critical enough information that there is a whole section dedicated to tracking it here: Data: FRED database; Graphics Econ-Intel As of February 1st, 2023, the total accrued loss that the Fed …
https://twitter.com/runews/status/1622170096675299329/history
“The scale of the payout on deposits will drag many eurozone central banks into the red, Ducrozet warned, adding that some could face growing political pressure to be recapitalised” Source: https://t.co/iW48yFQoBc — Gold Telegraph ⚡ (@GoldTelegraph_) December 15, 2022
by Shaun Richards This morning in Frankfurt ECB President Christine Lagarde has been setting out ger stall on monetary policy. In essence she is presenting herself as a doughty and valiant inflation fighter. For the ECB, displaying our commitment to …
The nation’s largest bank by assets posted a profit of $9.74 billion, or $3.12 a share, down from a profit of $11.69 billion, or $3.74 a share, in the same period a year earlier. The results did beat Wall Street’s …
Just three weeks ago we observed how the 2022 Hurricane season had neared its halfway point without any hurricanes making landfall on the coast of the United States. All that is about to change and with a bang: As the powerful Hurricane …
Craig Hemke on Palisades Gold Radio Craig discusses how he is becoming an old-timer in this industry and how his website has given him access to people all over the world. If you’re going to follow the precious metals, you’ve got to …
by Michael Crops are failing all over the globe this summer, but most people don’t even know that this is happening because the big television news channels aren’t talking much about it. Instead, they remain intensely focused on politics day …
(Bloomberg) — Bidzina Ivanishvili, the Georgian billionaire suing a unit of Credit Suisse Group AG over a fraud scheme run by one of its ex-bankers, lost about $607 million in the case, according to a new estimate of his losses …
https://www.cnbc.com/2022/06/02/tiger-global-drops-14percent-in-may-during-the-tech-sell-off-pushing-hedge-funds-2022-losses-to-over-50percent.html Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over …
by confoundedinterest17 Yikes! One of the unmentioned costs of Fed monetary tightening is the one to US taxpayers. Fed carrying $330B in unrealized losses on its assets according to Q1 financial statement. Which US tax payers are on the hook. Adjusting for …
by Boo_Randy Looks like Tech Bubble 2.0 is getting ready to go the way of its predecessor, since the absurd valuations blown up by central bank QE-to-Infinity were never going to be sustainable based on fundamentals. Be afraid, bubbleonians. Be …
