The Institutional Risk Analyst

As the federal debt rises, bank reserves must rise as well and with it inflation.

In the third quarter of publishing the Indices, so far picking quality banks seems to matter more than following the passive ETF herd

Axos continues to rebound after the bear raid by Hindenburg Research. AX ranked 18th in the WGA Bank Top Index in Q3 2024 vs 98th for SOFI

SCHW needs to take advantage of their strong operating leverage and repair some needless damage done during COVID by inept bank management.

In dollar terms, the moves in 2023 were tiny vs the post March rally in 2020.

Banks lose money every single day by holding onto a below market security from the 2019-2021 period.

If you were really, REALLY going to do mortgage warehouse lending in today's market, KEY would be the better platform, not BNS.

In 2019, the FOMC essentially nationalized the US money markets, eliminating private price discovery for a representation of a market.

The market tantrum which began on Friday was largely over by the market close on the following Tuesday.

The WGA Bank Top 50 is, well, the top half of the population, but far better in quality than the bottom quartile.

The rotation away from institutional investors to retail funding source for the $1.7 trillion direct lending market is an ominous sign

Joe Otting does not seem to understand the value of the Flagstar correspondent lending and mortgage servicing business...

Of note, PFSI has been growing share in wholesale, a direct challenge to UWMC

We hear in the channel that banks with festering multifamily exposures are paying north of 10% for similar CRT transactions.

GS saw loss provisions fall slightly in Q2 2024 to $282 million but the number was still $600 million in the first half of the year...

The Basel Accord is one of the single biggest examples of a regulatory agency literally creating a new law from whole cloth.

The first comment to make is that consumer defaults are rising across the board. The only question we need to consider is the rate of change

Notice that the Fed stress test is silent on trillions of dollars in mark-to-market losses facing US banks from COVID-era securities

The larger banks led the way in January and February, but today the top 25 names in terms of total return include many smaller banks.

The Fed bank stress tests are another sign of magical thinking in Washington.