banks – Page 10 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

FDIC: US banks reported a record $40.3 billion in accounting gains in Q1 2013

Chart of the day: Debt deflation in the eurozone periphery

Moody’s: U.S. banking system outlook changed to stable as economy improves

Zero rates mean Americans are giving up on Certificates of Deposits

Chart of the Day: Debt Deflation in the Eurozone

Some thoughts on negative deposit rates at the ECB

Why I may be wrong on Portugal because of the Cyprus deposit grab

The ECB’s Draghi sets out a new European economic paradigm

Draghi Open to Negative Deposit Rate Trumps Rate Cut to Drive Euro Lower

Outside of US housing, the global economic data are weak