The Institutional Risk Analyst

Unless the FOMC relents and eases up on its massive purchases of Treasury securities and MBS, bank earnings are likely to decline further

We think that a strong case can be made that to enhance shareholder value, Moynihan and the BAC board ought to spin-off Merrill Lynch...

New issue volumes in all of the major securities asset classes other than Treasury debt are trending lower as 2021 begins....

The prospective ejection of the GSEs, Fannie Mae and Freddie Mac, from government control seems finally to be dead for the next four years.

There is no actual disclosure from PSFI as to exactly how much of the firm’s default advances are being financed with bondholder funds

Not all AUM is created equal. Even though GS claims to have twice the AUM of MS, it makes less than half the revenue....

In this edition of The Institutional Risk Analyst, we assign a neutral risk rating to Wells Fargo & Co, the fourth largest US bank

There is a reason why the smart money on Wall Street is creating new strategies focused on non-performing loans...