banks

By David Galland, Managing Editor, The Casey Report This morning I read an interesting story in Soundings magazine. It recounted the final voyage of the S.S. Morro Castle, purportedly one of the safest ships afloat back in 1934 when it…

Some reports suggest that the stress that European banks may be tested for include a 17% loss on Greek bonds and a 3% loss on Spanish bonds  German bunds and possibly French bonds will not be stressed--that is to say the stress test…

The market awaits for the European Bank Supervisors to provide more details about the stress tests.  If the market has a better sense of the robustness of the stress tests it might lift some uncertainty among investors. There are…

Just three days after returning to Beijing from New York, I had to leave again, this time to a series of conferences in Torino, Italy, so it is hard to do much writing for my blog, especially since I won’t spend my free time in the hotel…

It seems so if you read the latest from the Financial Times (hat tip Marshall Auerback): Iceland's banking sector is facing a fresh wave of losses after a court ruling raised doubts over the legality of billions of dollars of loans.…

Below is a partial list of May 2010 FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system distress.…

G-20 Financial Reform Efforts Update Osborne tries to put the brakes on banking reform - Telegraph Obama pushes U.S. bank tax - National Post The Usual Fare Bill to Extend Unemployment Benefits Dies - WSJ.com BBC News - Why…

As the details of the agreement struck by the key House and Senate conference on financial reform has been embraced favorably by the US equity market, that is being led by the financials, and the foreign currencies.    In the…

In this video from the Wall Street Journal, Sheila Bar talks to the Journal's David Wessel explaining her view that the financial reform bill due to be passed by Congress will end too big to fail. Also see the associated WSJ article,…

It looks like regulatory reform might have some teeth from the latest updates from Josh Rosner.