Thursday, January 21, 2016

Run on Italy's Third Largest Bank? Capital Controls or Bail-Ins Next? Why Take Chances? + MORE 3:19 pm Jan 21st

Here is the presentation I gave at the ScotiaBank/HollisWealth conference in Miami yesterday on Risk:

The post Crashes, Terrorists, and Sharks, Oh My! appeared first on The Big Picture.

Continue Reading On ritholtz.com »

Morning News: January 21, 2016

– crossingwallstreet.com

Lagarde Gets Europe’s Backing for Second Term as IMF Chief
ECB Set to Take Cautious Stance as Markets Tumble
Wall Street Seen Enduring Deeper Cuts to Boost 2016 Profits
Treasury Secretary Visits Puerto Rico and Urges Fast Action
Walmart, McDonald’s, They Just Never Will Pay A Living Wage, Sorry
Barclays to Close Several Businesses in Asia, Chop 1,000 Investment Bank Jobs
GM, the Lumbering Giant, Suddenly Looks Fleet-Footed In The Race To Provide Future Mobility Services
Taiwan’s Foxconn Offers $5…

Continue Reading On crossingwallstreet.com »

Run on Italy's Third Largest Bank? Capital Controls or Bail-Ins Next? Why Take Chances?Italian Bank Customers Pull DepositsThe CEO of Monte dei Paschi, Italy’s third largest bank, and the oldest surviving bank in the world, admits Customers Pulling Deposits as share prices sink. Some Monte dei Paschi customers have been pulling savings out of the Italian bank, its chief executive said on Wednesday, as it faces a crisis over a mountain of bad loans that has wiped nearly 60 percent off its market value this year…

Continue Reading On globaleconomicanalysis.blogspot.com »

With Jingle Bells, Jingle Bells, Jingle All The Way, we are counting down 10 countries that spend the most on Christmas. When holiday spirit kicks in, people easily spend their hard earned money on anything you can imagine. Most of that spent money goes on Christmas gifts. Although one would think…..

Continue Reading On insidermonkey.com »

As we showed previously, when it comes to banks’ exposure to energy, things have gotten beyond nebulous, especially in the aftermath of the (officially denied, even though we stand behind it 100%) report that the Dallas Fed has been “advising” banks how to mark their oil and gas loan exposure in discussions behind closed doors…

Continue Reading On zerohedge.com/ »

Bob Browne, CFA, of Northern Trust, reflects on the 1998 Russian financial crisis and offers some valuable lessons for investors today. Read more

Continue Reading On cfainstitute.org »



from Royalty Gateway http://www.royaltygateway.com/run-on-italys-third-largest-bank-capital-controls-or-bail-ins-next-why-take-chances-more-319-pm-jan-21st/
Here is the presentation I gave at the ScotiaBank/HollisWealth conference in Miami yesterday on Risk:

The post Crashes, Terrorists, and Sharks, Oh My! appeared first on The Big Picture.

Continue Reading On ritholtz.com »

Morning News: January 21, 2016

– crossingwallstreet.com

Lagarde Gets Europe’s Backing for Second Term as IMF Chief
ECB Set to Take Cautious Stance as Markets Tumble
Wall Street Seen Enduring Deeper Cuts to Boost 2016 Profits
Treasury Secretary Visits Puerto Rico and Urges Fast Action
Walmart, McDonald’s, They Just Never Will Pay A Living Wage, Sorry
Barclays to Close Several Businesses in Asia, Chop 1,000 Investment Bank Jobs
GM, the Lumbering Giant, Suddenly Looks Fleet-Footed In The Race To Provide Future Mobility Services
Taiwan’s Foxconn Offers $5…

Continue Reading On crossingwallstreet.com »

Run on Italy's Third Largest Bank? Capital Controls or Bail-Ins Next? Why Take Chances?Italian Bank Customers Pull DepositsThe CEO of Monte dei Paschi, Italy’s third largest bank, and the oldest surviving bank in the world, admits Customers Pulling Deposits as share prices sink. Some Monte dei Paschi customers have been pulling savings out of the Italian bank, its chief executive said on Wednesday, as it faces a crisis over a mountain of bad loans that has wiped nearly 60 percent off its market value this year…

Continue Reading On globaleconomicanalysis.blogspot.com »

With Jingle Bells, Jingle Bells, Jingle All The Way, we are counting down 10 countries that spend the most on Christmas. When holiday spirit kicks in, people easily spend their hard earned money on anything you can imagine. Most of that spent money goes on Christmas gifts. Although one would think…..

Continue Reading On insidermonkey.com »

As we showed previously, when it comes to banks’ exposure to energy, things have gotten beyond nebulous, especially in the aftermath of the (officially denied, even though we stand behind it 100%) report that the Dallas Fed has been “advising” banks how to mark their oil and gas loan exposure in discussions behind closed doors…

Continue Reading On zerohedge.com/ »

Bob Browne, CFA, of Northern Trust, reflects on the 1998 Russian financial crisis and offers some valuable lessons for investors today. Read more

Continue Reading On cfainstitute.org »

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