The Institutional Risk Analyst

Rising interest rates are not good for bank earnings or bank equity valuations.

The public behavior and decision-making processes of SoftBank suggest that the organization is in trouble.

With a 75bp average total gfee, would the market for private label MBS return? Or would conventional lending volumes simply crater?

GS has the weakest position in terms of funding of the top-ten banks and no real narrative for the business post-Marcus.

The US banking industry has seen now two consecutive down quarters for net income caused by the Fed’s massive open market operations

We continue to believe that combining Citi and GS may make sense in terms of consolidating two capital markets businesses

We expect to see USB trading at a discount to JPM and Peer Group 1 until the bank improves its operating leverage to pre-COVID levels.

If you agree with our view that the short-selling of the stock was mistaken, then the discount for SCHW is unwarranted.

The funding crisis affecting US banks is not over and very definitely not limited to smaller banks.

Most major banks grew larger during quantitative easing. Now many of these banks will shrink in terms of assets and also earnings in Q1 2023

The largest banks continue to serve as a haven for refugees from crypto fraud schemes and the fintech swoon, but are not cheap

Total noncore funding at GS was over $700 billion at the end of Q1 2022 vs $321 billion for MS.

Simply stated, Morgan Stanley has a much more diverse and sustainable business model than Goldman Sachs...

RJF is one of those quiet high-performer banks in the investment world that few understand but many own in LT portfolio

Which US financial will best weather the coming equity market correction?