China Banks in 2017: No Rebound in Sight, Rising Risks for Smaller Banks
Why there is no cause for cheer on the China banking front.
Read more...Category Archives: Risk and risk management
Ilargi: Unrest Is The Only Growth Industry Left
Get used to unrest as part of the volatile new normal.
Read more...Ending Too Big to Fail
Yves here. Remember the explosion of press coverage last year when incoming Minneapolis Fed member and former Goldmanite and Treasury official Neel Kashkari announced his intent to develop a plan to end the “too big to fail” problem. He not only was going to devote Minneapolis Fed researchers to his program, but solicited broad based […]
Read more...Nomi Prins: My Political-Financial Road Map for 2017
Some specifics of why political risk and central bank policy will make for a wild ride in 2017.
Read more...When a Business You Like Dies
Mourning the death of a favorite business, and what that says about the environment for entrepreneurs.
Read more...GT Group’s Protean Ian Taylor in the UK: Reuters’ Special Report on 43 Bedford Street, and More
An ignominious decade of UK company registration, illustrated by UK companies formed by Ian Taylor, an old friend from New Zealand
Read more...Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Wells Fargo’s Management by Magical Thinking Comes Up Short in the Cover-Up Category
The more the press digs into the the sordid details of the Wells Fargo fake account scandal, the more rancid the stench.
Read more...The New Extreme Reality of Floods
Floods are an under-recognized economic and political risk….
Read more...Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...Major Insurers to G20 Nations: Stop Wasting Time, Phase-Out Fossil Fuel Subsidies by 2020
Insurers and finance pressure governments to end $444 billion in fossil fuel subsidies.
Read more...Big Wall Street Firms Make Lame Excuse for Volcker Rule Non-Compliance, Ask for Additional Five Year Extension
Big Wall Street firms like Goldman and Morgan Stanley offer “dog ate my homework” excuses for failure to comply with the Volcker Rule.
Read more...Even Endowments Like Harvard, Former Top Investors in Hedge and Private Equity Funds, No Longer Beat Boring Stocks and Bonds
Even supposedly oh-so-savvy endowments can’t eke superior performance out of private equity and hedge funds any more.
Read more...Bill Gross Chides CalPERS for Its 7.5% Returns Assumption; Illinois Set to Lower Target
More and more experts are taking CalPERS and other public pension funds to task over their barmy return assumptions.
Read more...COBOL and Legacy Code as a Systemic Risk
More on why legacy code at major banks is a ticking time bomb.
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