The Institutional Risk Analyst

NYCB and the unsold rent-stabilized assets left over from the failure of SBNY are two little surprises waiting for the next POTUS.

The markets got their rate cut over the past six months and now may have to give some of that back.

The sad fact is that even with another 2% capital, most US banks are arguably insolvent thanks to the Fed “going big.”

Our view is that the BKI purchase is a horrible deal for ICE shareholders, a value killer of epic proportions

The imposition of sanctions on Russia is not as comprehensive as some press reports suggest.

In the Q3 2021 edition of The IRA Bank Book, we document the slow destruction of US bank asset and equity returns by the FOMC.