Tag Archives: banks

ADDRESSING THE UNCERTAINTY OF THE BREXIT VOTE

- By : MMEadmin

By now, most of us probably heard about UK voting to leave EU. There are many commentaries on this topic. One of the questions people are asking is this: Is there a chance that the UK could stay in the

BREXIT ‘EXTRAORDINARILY DANGEROUS’ FOR U.S. BANKS

- By : MMEadmin

Although fears of a possible vote by the United Kingdom to leave the European Union had been growing, most U.S. analysts and bankers believed the chances of the “Brexit” push succeeding were unlikely. But after Britain shocked the world by

U.S. DOLLAR AWAKENS AHEAD OF YELLEN SPEECH

- By : MMEadmin

The strong dollar could be coming back very soon. After rallying last year, the dollar stumbled at the start of 2016. One key measure for the dollar, the ICE dollar futures index, fell on May 2 to its lowest point

CENTRAL BANKS AND THE MARKETS: ENABLING THE ADDICTION

- By : MMEadmin

TIME for equity investors to send Janet Yellen some champagne, or at least a bunch of flowers. Once again, markets are rising because of something that a central banker said. In a speech yesterday, Ms Yellen highlighted the complex relationship

STOCKS AT 2016 HIGHS AS OIL SURGES

- By : MMEadmin

Thursday the European Central Bank, better known as the ECB, said it was pushing its key deposit rate further into negative territory. It might seem far-fetched, but it actually makes sense – in theory. The Public Accounts Committee (PAC) said

THE WELL RUNS DRY

- By : MMEadmin

OIL PRICES have perked up a bit, but producers are still reeling from the slump in crude prices last year. The boss of Pemex, Mexico’s state-owned oil firm, said this week that the company faced a “liquidity crunch”. Malaysia’s state

JP MORGAN SETS ASIDE $500M FOR LOSSES ON ENERGY LOANS

- By : MMEadmin

Additional $500m (£357m) to cover potential losses from its exposure to the oil and gas sector. The increase is more than 60% of the funds the bank had already set aside. The announcement contrasts with its assertion in January that

FREE EXCHANGE: SLIGHT OF HAND.

- By : MMEadmin

IS THE job of central bankers more like that of technicians, carefully turning knobs as they fine-tune the economy, or magicians, manipulating the audience into the suspension of disbelief? Most of the time it is the former. Monetary maestros nudge

NOT YET OUT OF THE WOODS

- By : MMEadmin

FOR a spell last year American banks seemed poised to reattain the sort of double-digit returns that have largely eluded them since the financial crisis. A robust market for takeovers and public offerings was producing a flurry of fees. Credit

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