Here is the collection of articles related to financial institutions and financial sector in general.
China, Financials. 21 August, 2011, 13:19 Chinese Banks: It’s Just Like Old Times
After the financial crisis, the reform in the Chinese banking system is absolutely going nowhere. Now, it’s just like old times.
Financials, World. 11 August, 2011, 19:56 Equity Capital Of A Bank As A Call Option On Bank’s Assets
If equity capital of a bank is thought of as a call option on bank’s asset, expect very high beta, thus cost of equity, in bad times.
Financials, World. 18 July, 2011, 23:43 Bank of America Capital Shortfall And China Construction Bank
Bank of American needs US$50 billion more capital cushion, which makes the sale of China Construction Bank more than probable.
Financials, World. 18 July, 2011, 19:54 After The Not-So-Stressful Stress Tests, Europe Is Stressed
Analysts worked with the data released from the phoney stress tests to test more severe assumptions about sovereign default.
China, Financials. 18 July, 2011, 14:39 China Banks: Let Shares Prices Speak For Themselves
Chinese banking shares in Shanghai have been doing rather badly in the past 3 years, so badly that you would prefer to hold JPMorgan.
Financials, World. 16 July, 2011, 0:02 European Banking Stress Tests: 8 Banks Failed
The latest stress tests by the European Banking Authority show that 8 banks failed the tests.
Financials, World. 12 July, 2011, 15:51 Rating Agencies Fight: Moody’s Versus Dagong
As Dagong credit rating agency picked a fight with Moody’s, Moody’s retaliates by dropping more bombs on Chinese companies.
China, Financials. 22 June, 2011, 0:19 Social Security Fund Of China Is Selling Chinese Banks Shares
The Social Security Fund of China is selling off some Chinese banks shares, while Bank of America is planning to sell its stake in CCB.
China, Financials. 8 June, 2011, 16:31 China’s Banking Regulator Moves To Ease Credit To Small Businesses
The China Banking Regulatory Commission moves to ease the credit situation for the small- and medium-sized businesses in China.
Financials, World. 3 May, 2011, 21:48 US Banks: No one wants free money?
Quantative easing is not working in the United States, and as banks are struggling to grow their loan books, focusing on US banks stocks are a waste of time.
China, Financials. 29 April, 2011, 14:56 China: Banks To Raise RMB450 bn Of Debt
Seven Chinese banks may raise up to RMB450bn from the bond market because they seem to be unable to attract enough deposits to lend.
China, Financials. 26 April, 2011, 11:15 China Banks Are Asked To Raise Capital Adequacy Ratios
The five biggest banks in China will be asked to raise their capital adequacy ratios to 14% according to Reuters. (Update: CBRC just denied this)
Financials, World. 20 April, 2011, 6:34 Goldman Sachs Q1: What’s the real excess?
BM’s take on the first quarter financial result of Goldman Sachs (GS.N). Concerns are on the Tier I ratio on Basel III basis.
Financials, World. 18 April, 2011, 16:15 JPM/BofA: What’s happening in their Investment Banks?
Investment banking fees are broadly similar to that in 4Q10 while FICC & equities revenues have rebounded from seasonality and return of client activity.
China, Financials. 14 April, 2011, 17:18 BarCap: Liquidity Squeeze in Hong Kong Banking Sector
BarCap banking team is joining their real estate team in making some bearish calls because of liquidity squeeze in Hong Kong.
China, Financials. 3 April, 2011, 11:56 Hong Kong Banks: Three Updates
There are three interesting recent developments in Hong Kong banking sector, which are somewhat related to China as well.
Financials, World. 1 April, 2011, 13:24 Irish Banks: The Dead Cat Doesn’t Always Bounce
If you think Irish banks shares have dropped enough and now look very attractive, you might be wrong.
Financials, World. 23 December, 2010, 8:42 How Merrill Lynch blew itself up by eating cyanide it created
By selling stuff from one unit of the company to another, Merrill Lynch blew up itself.
China, Financials. 21 December, 2010, 11:39 China Banks: raising risk-weighting for local government debts
China asks banks to increase the risk-weighting for loans to local governments. We knew very well, of course, that local governments have no money.
Asia, Financials. 25 October, 2010, 18:23 Hong Kong Exchanges and Clearing: let complacency kill you
The takeover of ASX by SGX is a threat to Hong Kong Exchanges and Clearing. They have to stop being complacent and get things up to the level of other world exchanges