Wirecard – Yolk’s On Everyone
*Another Potential Fraud: Shares of Wirecard (WDI.GR) fell by as much as 67% after the German payments and card-issuing firm disclosed that Ernst...
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Providing Crack To An Addict Is Not A Sustainable Global Strategy
*Staring Into The Abyss: Although the market has rebounded since March, we were very close to looking into the abyss with the S&P 500 closing...
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Bank Credit Weekly: Insight 2020 Update on Contingent Capital – CCB (Asia) Curve Value
In preparation for Insight 2020, we change it up this week and update several charts that we will discuss during the event. Notably, we find that...
141 Views
HSBC Holdings - Fire Sale Time
*Gross Operating Revenues Do NOT Cover Recurring Costs At HSBCNA: HSBC Holdings plc (HSBC) [5.HK/HSBA.LN] is a complete and utter mess. Nowhere is...
240 Views
Smartkarma Originals
Bank Contingent Capital & Coronavirus Contagion
When you purchase bank contingent capital, you may marry it for the foreseeable future. Coronavirus contagion is challenging this contractual...
723 Views