Global Macro Take: WK 15. False Gods Be Damned….
Last week’s structural degradation on the USDJPY cross is a messenger bearing grim tidings – a big sell off is imminent – as we sliced through the...
181 Views
How a Debt to Equity Swap Plan in China Could Work
The government should set up a new national pension fund to save the economy. Securitising future pension payments may be the answer to the...
219 Views
Pressure in Credit Quality and Net Interest Margin Remained Challenging for CMBC
With a 14% and 3.5% year-on-year growth in revenue and net profit, respectively, China Minsheng Bank’s, 2015 results were roughly in line with our...
253 Views
China Bank Profit on the Way to Contraction
It is strange to see that so many China banks are reporting nearly identical net profit, close to 0% in their just announced 2015 results. We...
207 Views
Bank Regulatory Changes to Credit Risk
BIS will no longer allow internal modeling for banks to arrive at risk weights In all likelihood, there will be a rise in credit risk assets,...
213 Views