It’s deja-vu all over again as Yogi Berra would say….but if you’re a CFO of Austrian bank Raiffeisen International you’d say “Despite ongoing speculation, I want to reassure the market that no capital increase is planned”….
January 27th, 2015 by Gary
While the Swiss Franc steroid infusion by its central bank will garner most headlines today it is likely investors in US banks will be nursing some wounds too. JP Morgan disappointed yesterday but there’s more pain today….
January 15th, 2015 by Gary
JP Morgan has just missed earnings expectations on Wall St. As the mega name in a sullied sector that’s not a great start to 2015 but, frankly, everywhere you look it’s not great news for investors in the bank sector….
January 14th, 2015 by Gary
Citigroup and Goldman Sachs have already told us trading income in Q2 could be down by 20-25% as very low volatility and interest rates deter client activity. Credit Suisse now tell us that litigation pain could be worse too.
June 4th, 2014 by Gary