The Institutional Risk Analyst

Now let’s take a look at how some members of the banking and fintech sector are doing in the first month of 2024.

Volatility remains perhaps the biggest risk factor today, mostly because of a lack of visibility on unexpected risks.

Net interest income at USB was down again for the fourth consecutive quarter, confirming a trend across the banking industry

The key thing to remember with commercial real estate is the change in price volatility and direction that has occurred since COVID.

As reflected in the valuations for JPM, WFC and BXMT, institutional investors are still not that concerned about commercial real est losses

If Fraser cannot articulate a coherent reason to keep the business together, a breakup may be the most sensible strategy.

Look for falling rates sooner rather than later as the Fed and other agencies prepare to resolve more bank failures in 2024.

As the public debt of the US grows, after all, the implicit claim of the Treasury on all private US assets also grows.

The Basel III proposal reflects a view of financial risks facing US banks that is decades out of date and ignores market risk

Is AFRM maturing from a hot new fintech entrant to a familiar face headed for a bank license?? Yikes.

This morning, banks are buying funding from the BTFP below 4.85% and selling Fed funds at 5.5%. 

Citigroup picked up almost 10 points of book value since the end of Q3 2023.

Many participants in the equity markets are chewing on ski tips this holiday season after boldly predicting lower interest rates in 2024

The key term for risk managers and investors in 2024 remains unchanged from this year: Volatility.

What does PNC tell us now about commercial loan exposures in 2024?

The real question is not whether the FOMC can get inflation down to the 2% target but whether it can keep asset prices rising indefinitely

Simply stated, with T-bills trading significantly above the yield on RRPs, there is no reason for MMFs to leave cash at the Fed

In this issue of The Institutional Risk Analyst, we release the latest edition of The IRA Bank Book for Q4 2023

COIN has been helped by a groundswell of positive comment about crypto in 2023...

Instead of seeking authority from Congress, Chairman Bernanke and other members of the FOMC merely turned on the public spigot.