Houston, We Have A Problem
* Pay Me To Take Your Assets: Yesterday, US West Texas Intermediate (WTI) crude futures closed at a negative USD 37.63 per barrel (bbl) [yes,...
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Texas Banks – Oversized Loan Growth
We must expect some degree of higher NPL formation at banks in Texas due to lower oil prices. But in the current environment that will be...
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Why Are Major U.S. Companies Suspending Their Share Buyback Programs?
“Any public company that receives a bailout or significant funding should not be allowed, by law, to do stock buybacks EVER AGAIN as part of their...
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Comerica – Biggest Bank in Texas
Even before oil prices plunged this week, they had been trending lower. The world is well aware of the two-pronged attack now, with weakening oil...
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US Financials: Energy Exposures Mean Boil, Boil, Toil and Trouble
After yesterday's halted trading, US banks could be due a nice bounce today as a risk-on bounce takes shape -if it does at all, or fades.US bank...
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