Is Jon Corzine the Brand MF Global Requires?
March 24, 2010
Former Goldman Sachs Chairman Governor Jon Corzine is taking the helm of MF Global (NY SE ticker: MF) in a move which is likely to reshape the entire business. One of MF Global's problems has long been its brand - or lack of a genuinely deep balance sheet. How can brand Corzine transform the futures/options specialist brokerage?
Stock Exchange Market Share Is Not the Whole Issue
March 3, 2010
LSE market share could sink to 40% | www.ft.com
The LSE, like many other European exchanges, finds itself under severe pressure to maintain its market share. However, investors concentrating purely on market share are not viewing the whole picture...
March 1, 2010
LCH.Clearnet Announces New Chairman | www.mondovisione.com
LCH.Clearnet have made a fascinating choice for their new Chairman at a time when the cinderella clearing business faces both the greatest opportunities, as well as a great many risks in several generations...
Not All Real Estate Is the Same - 4 Different Issues
November 9, 2009
Handling real estate loans will be a tough act | www.dallasnews.com
Real estate financing and refinancing poses 4 different levels of risk for lenders and owners, based on the project life cycle and its financing and overall structure. Broad statements about the looming problems are just that "broad statements" Real estate market participants must look at each transaction within the context of the 4 kinds of Real Estate Finance Structures, if they want to properly assess financing and refinancing values, issues and risk.
UK banking landscape presents potential for new competitors
September 21, 2009
State Bank of India open to acquisitions in UK | www.reuters.com
The large scale nationalization of the UK banking system leaves open the possibility for new players to enter the marketplace and compete. While American banks are still struggling en masse with capital issues, many foreign banks are not facing those same issues, and are likely to consider the UK for expansion opportunities.
Higher defaults in a CRE book don't necessarily translate to more losses
September 16, 2009
Wells Fargo, Fifth Third Add to Predictions of Higher Defaults | www.bloomberg.com
One of the most compelling contrasts between the 2007-08 (and still ongoing) meltdown in the residential housing market, vs. the forecast bubble-burst in commercial real estate for 2009-10, is the methodology banks and lenders use to forecast losses. This contrast will definitely lend itself to more transparency and clarity with this current lending crisis vs. the previous residential and consumer meltdown.
Capital One will be pressured along several fronts in 2009
June 11, 2009
Capital One Looks to Adapt to Credit Card Laws | www.washingtonpost.com
1) The CARD act of 2009 will impair fee collection, and absent a new drive to assess annual fees to their better clients it will be challenging if not impossible to recoup those fees. 2) Capital One will be dealing with rising unemployment, which has and will continue to correlate directly to higher delinquency and higher charge offs 3) The response to these events from a risk management perspective will inhibit asset growth and thus compound the earnings issue
April 22, 2009
Employers to close more pension schemes as funding shortfall hits record | www.telegraph.co.uk
1) The nature of the employment landscape has so fundamentally changed over the last 30 years that the retirement vehicles put into place to help employees are nearly obsolete. 2) Pensions, in addition to their nearing obsolecence, are becoming significant liabilities for firms, who are struggling with record violatility in the value of their pension funds 3) Firms are finding and utilizing alternative solutions to provide employees with enhanced retirement benefits
BATS Beats Turquoise, Europe's MTFs Look More Volatile Than Ever Under Mifid
March 26, 2009
BATS Europe Passes Turquoise In Market Share, Sets Numerous Volume Records | www.mondovisione.com
The fact that Turquoise has lost its shareholder market makers has caused its volume to slump, allowing upstart (and US 500lb gorilla) BATS Europe to leap ahead in market share. Takeovers by legacy exchanges now look more likely than ever.
NASCAR Retains A Super Brand But In An Expensive Domain
March 25, 2009
Turner Revs Up Original Nascar Web Series | www.mediaweek.com
NASCAR has become the most successful motorsport brand in the USA. However, other series are suffering massive financial issues as sponsors drop out in the current economic climate and experts point to a drop in US motorsport sponsorship in 2009.
Sovereign and financial crises: Europe and the U.S.
January 18, 2012
How much longer can the Japanese Yen be a "haven currency"?
December 13, 2011
Not all bank tech vendors are equal
December 12, 2011
Eksportfinans downgrade surprises investors
December 5, 2011
Why wasn't Italy's situation spotted earlier? And what's next?
November 22, 2011