Calculated Risk

MAY 29, 2024

The FDIC released the Quarterly Banking Profile for Q1 2024: Reports from 4,568 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) report aggregate net income of $64.2 percent is now at its highest level since fourth quarter 2013, driven by office portfolios at the largest banks.

Numbers 124

Numbers Banking Insurance Assets 124

Trade Brains

SEPTEMBER 22, 2023

Fundamental Analysis of Ujjivan Small Finance Bank : The concept of Small Finance Banks (SFB) was introduced in India in 2015. SFBs also promote savings by providing a higher interest rate compared to full-service banks like HDFC and Kotak. In this article on fundamental analysis of Ujjivan Small Finance Bank. Lakh Lives.

Banking 126

Banking Assets Accounting License 126

Abnormal Returns

JULY 21, 2024

wsj.com) How Charles Schwab ($SCHW) is changing its banking business. riabiz.com) Asset managers are seeing falling profitability. (om.co) What an inverted yield curve (still) says about the odds of a recession. econbrowser.com) The commercial real estate mess is well under way. institutionalinvestor.com)

Portfolio 310

Portfolio Banking Assets Management 310

Wealth Management

MAY 17, 2024

TD Bank is suing Raymond James and two former employees, claiming they broke non-solicitation vows when they left TD, attracting $22 million in assets.

Banking 102

Banking Assets Clients 102

Abnormal Returns

NOVEMBER 21, 2023

papers.ssrn.com) People treat crypto like other financial assets. papers.ssrn.com) Why large banks pay lower deposit rates than smaller banks. (priceactionlab.com) Why 'stocks for the long run' may be built on less then great data. tandfonline.com) How do state tax hikes affect municipal bond yields? nber.org)

Banking 278

Banking Taxes Assets 278

The Big Picture

MARCH 10, 2023

For more than a century, America’s central bank has been a key part of the investing environment, and it’s your job as an active manager to incorporate their probable policy decisions into your strategy. The most obvious of those unintended consequences is the sudden collapse of Silicon Valley Bank.

Banking 342

Banking Assets Management Economy 342

Trade Brains

FEBRUARY 22, 2024

Yes Bank vs IDFC Bank : Banks are the economic engine. The higher the asset quality of banks, the better the state of the economy. Banks facilitate the flow of money in markets following monetary policy, which determines the economy’s growth and decline. 7,250 crores at Rs.

Banking 104

Banking Planning Accounting Retail 104

Calculated Risk

SEPTEMBER 9, 2022

The FDIC released the Quarterly Banking Profile for Q2 2022 this morning: Quarterly net income totaled $64.4 The FDIC reported the number of problem banks was unchanged at 40. In second quarter, 6 banks opened and 28 institutions merged with other FDIC-insured institutions. Total assets of problem banks declined $2.7

Banking 139

Banking Insurance Numbers Assets 139

Abnormal Returns

APRIL 18, 2024

novelinvestor.com) Don't change your asset allocation in response to a market pullback. rogersplanning.blogspot.com) Crypto The Grayscale Bitcoin Trust ($GBTC) continues to leak assets. news.crunchbase.com) Finance Americans are moving their cash, putting pressure on the big banks. wsj.com) Bitcoin is whatever you want it to be.

Asset Allocation 289

Asset Allocation Financial Advising Startup Assets 289

Nerd's Eye View

MAY 15, 2024

In practice, the DoL's Final Rule means that financial advisers who advise clients about rolling over assets from an employee retirement account like a 401(k) plan into an IRA are now subject to ERISA fiduciary obligations.

Retirement 241

Retirement Commission Banking Financial Advising 241

The Big Picture

MARCH 15, 2023

Financial Times ) • Whose Fault is it Anyway : It has been 872 days since a bank failed in the United States. Silicon Valley bank went down on Friday. Signature Bank last night. These are the second and third largest bank failures in history behind Washington Mutual during the GFC. This was the longest streak on record.

Banking 299

Banking Food Startup Media 299

Abnormal Returns

MAY 1, 2023

Markets How major asset classes performed in April 2023. blockworks.co) Banks JP Morgan Chase ($JPM) is now the owner of First Republic. cnbc.com) The banking industry's 'crisis phase' may be over for now. cnbc.com) The banking industry's 'crisis phase' may be over for now. etftrends.com) Economy Is the U.S.

Financial Advising 244

Financial Advising Startup Banking Manufacturing 244

Wealth Management

MAY 30, 2024

The Horizon Group, a team of five advisors and four branch professionals, joins Pinnacle Asset Management, an affiliated bank branch, from Truist.

Banking 112

Banking Assets Management 112

Abnormal Returns

MARCH 13, 2024

(etf.com) Finance Why Evercore ($EVR) is outperforming other investment banks. nytimes.com) Private equity shops are turning into one-stop alternative asset providers. on.ft.com) There is still a lot of uncertainty around office building valuations. axios.com) The long and winding road to a Reddit IPO.

Financial Advising 316

Financial Advising Valuation Retail Media 316

The Big Picture

JUNE 3, 2023

Be sure to check out our Masters in Business next week with Mathieu Chabran, Tikehau Capital A global alternative asset manager with $40B in assets. He cofounded Tikehau in 2004 with Antoine Flamarion, a colleague at Deutsche Bank, and runs the US division.

Education 334

Education Assets Government Banking 334

Abnormal Returns

MARCH 11, 2024

ft.com) Are current money market mutual fund assets all that unusual? om.co) Why do investment banks love having co-heads of divisions? Markets It shouldn't be surprising that technology dominates the S&P 500. morningstar.com) Crypto BlackRock’s iShares Bitcoin Trust ($IBIT) has topped $10 billion in AUM.

Retail 264

Retail Media Banking Assets 264

The Big Picture

AUGUST 26, 2022

Our previous discussions (debates really) were over the traditional model of brokerage I push back against versus the fee-based fiduciary asset management I embrace. This made me chuckle, as we had discussed this level of unsuitable and inappropriate asset management for years, with me offering an endless parade of examples.

Accounting 353

Accounting Government Assets Management 353

Abnormal Returns

MARCH 14, 2023

(portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. neckar.substack.com) Silicon Valley Bank There is plenty of blame to go around for the downfall of SVB including the pandemic. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios.

Startup 244

Startup Financial Guidance Financial Advising Banking 244

The Big Picture

MAY 8, 2023

Here is a quick mental exercise to allow you to operate without your hindsight bias getting in the way: At the end of 2022, an all-knowing market deity visits to inform you that almost halfway through the year, 1) Rates will be appreciably higher; 2) Three of the biggest bank failures in U.S. Consider : – Unemployment at 3.4%

Banking 322

Banking Media Marketing Marketing 322

The Big Picture

APRIL 21, 2023

If the S&P PMI report proves to be correct (inflation reaccelerating) that is going to be highly problematic for risk assets that have become more comfortable with a “hike to pause” narrative. It should also not be ignored that this survey is following the banking scare. But as it turns out that is simply not what is happening.

Economy 329

Economy Banking Manufacturing Management 329

Abnormal Returns

APRIL 21, 2023

CDs Short duration assets, like CDs, look good right now, but they do have risks. awealthofcommonsense.com) Bank CD rates are at 15-year highs. wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? ft.com) Banks and direct lenders are increasingly in conflict. The question is for how long?

Financial Advising 245

Financial Advising Banking Media Taxes 245

Abnormal Returns

JULY 28, 2024

wsj.com) Revolut now has a UK banking license. ft.com) Fund management Does your alternatives fund charge fees on gross or net assets? (apolloacademy.com) Finance How cold-storage operator Lineage ($LINE) became the biggest IPO of 2024 so far. wsj.com) Chuck Royce, founder of Royce Funds, is retiring.

License 289

License Financial Advising Economy Economics 289

Abnormal Returns

MARCH 12, 2023

(theirrelevantinvestor.com) Bank runs happen because of people. etftrends.com) Silicon Valley Bank How SVB went wrong, an explainer. wsj.com) SVB's customers were not typical of other banks. nytimes.com) The former Boston Private money management arm of SVB is a prized asset.

Financial Advising 246

Financial Advising Banking Startup Communication 246

Abnormal Returns

FEBRUARY 29, 2024

investmentnews.com) Finance Banks are now lending to private credit funds. theatlantic.com) Global Western countries are debating what to do with Russia's frozen assets. (theblock.co) A skeptical take on crypto, and factors. ft.com) Brokers WeBull is going public via a SPAC deal. spyglass.org) Is your TV resolution already too good?

Financial Advising 275

Financial Advising Media Banking Economy 275

The Big Picture

FEBRUARY 2, 2023

Bloomberg ) • Stock, Bond and Crypto Investors Call Fed’s Bluff on Interest Rates : Many are skeptical as central bank says battle against inflation isn’t over. The Fed: Not So Fast : Traders keep bidding up stock and bond prices in hopes that the central bank will declare victory over inflation.

Valuation 279

Valuation Banking Assets Investments 279

The Big Picture

OCTOBER 28, 2022

Which Asset Class is More Attractive Right Now: Stocks or Bonds? Full Stack Economics ). • What the Banks Stock Rally Says About Wall Street : A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and Morgan Stanley. ( Wall Street Journal ).

Startup 278

Startup Banking Food Assets 278

The Big Picture

SEPTEMBER 3, 2022

She is on all of the “Most Powerful Women in Finance lists” including American Banker, Crains Rising Stars in Banking & Finance 2020. Citi Global Wealth manages more than $800B in Client Assets, and North America accounts for about half of that business. Lynn Martin’s Favorite Books.

Wealth Management 312

Wealth Management Banking Accounting Management 312

Abnormal Returns

OCTOBER 23, 2023

washingtonpost.com) Banking Regional banks are feeling the pain of higher deposit rates. wsj.com) Big banks are next. lefsetz.com) Just how big is Costco's ($COST) clothing business? (genuineimpact.substack.com) Fund management How indexing has changed the world of asset management.

Financial Advising 213

Financial Advising Startup Banking Media 213

Abnormal Returns

FEBRUARY 1, 2023

Markets How major asset classes performed in January 2023. ofdollarsanddata.com) Brokerages are attracting more customers to their banking services. semafor.com) JP Morgan Asset Management is buying $500 million of timberland. capitalspectator.com) January's market rally was kinda junky.

Financial Advising 245

Financial Advising Media Assets Banking 245

The Big Picture

OCTOBER 28, 2023

Business Insider ) • UBS Looks Beyond Credit Suisse to Bank Even More Billionaires : The return of CEO Sergio Ermotti and the acquisition of its Swiss rival have the bank doubling down on wealth management and expanding in the US. Wellington is one of the world’s top 20 asset managers, was founded in 1933, and runs $1.2

Wealth Management 279

Wealth Management Banking Financial Services Management 279

Abnormal Returns

SEPTEMBER 12, 2024

semafor.com) Finance JP Morgan Chase ($JPM) and Bank of America ($BAC) plan to limit bankers' hours. etf.com) Blackrock ($BLK) is teaming with Partners Group ($PGHN) to build model portfolios with private assets. (wsj.com) Moderna ($MRNA) is slashing its R&D pipeline. wsj.com) Economy Hiring has slowed. nytimes.com) 25 or 50?

Financial Advising 278

Financial Advising Startup Manufacturing Media 278

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

Assets 300

Assets Clients Investments Investing 300

The Big Picture

JANUARY 16, 2023

The central bank says otherwise. Wall Street Journal ) see also The Fed: Whose Words Carry the Most Weight : The definitive guide to the Fed-verse: Who’s who at the central bank and how to decipher what they say. The Value of Corporate Pension Assets Fell Dramatically. Barron’s ). What If Tesla Is…Just a Car Company?

Healthcare 277

Healthcare Engineering Distribution Banking 277

Abnormal Returns

MARCH 20, 2023

standarddeviationspod.com) Banks The combined UBS-CS will be a money management giant. barrons.com) The FDIC is planning to sell SVB Private separately from the rest of the bank. (wiredplanning.com) Daniel Crosby talks with Emily Koochel about defining and seeking financial wellness.

Estate Planning 245

Estate Planning Retirement Communication Financial Planning 245

Abnormal Returns

FEBRUARY 1, 2024

January 2024 How major asset classes performed in January 2024. wsj.com) Finance More banks are marking down the value of U.S. capitalspectator.com) The S&P 500 was in positive territory for the month, in contrast with small and mid caps. on.spdji.com) Strategy Overconfidence is a killer for investors. office loans.

Financial Advising 289

Financial Advising Taxes Manufacturing Media 289

Abnormal Returns

OCTOBER 24, 2024

blogs.cfainstitute.org) Now is a good time to be selling a private credit asset management firm. on.ft.com) Joe Weisenthal and Tracy Alloway talk with Huw van Steenis, vice-chair at Oliver Wyman, about the relationship between banks and private credit. (fisherinvestments.com) Private credit Where are we in the private credit boom?

Investments 288

Investments Investing Startup Financial Advising 288

Abnormal Returns

AUGUST 1, 2024

July 2024 How major asset classes performed in July 2024. on.ft.com) Finance Why companies should leave the marketing of their IPO to the banks. capitalspectator.com) The S&P SmallCap 600 was up 10.8% on.spdji.com) Rates The 10-year Treasury has dipped below 4.0% for the first time in awhile.

Financial Advising 275

Financial Advising Media Manufacturing Banking 275