HSBC Holdings – Credit Costs In Turkey, Argentina Can Cause Group Credit Costs To Rise 3-4x
Under new IFRS 9 accounting analysts are in a totally new environment with the devaluation in Turkey and Argentina. There will be other impacts...
301 Views
HSBC Holdings – TRY Devaluation Is the First Major Devaulation Under IFRS 9, Risk for HSBC Is Real
The rapid and extensive devaluation of the TRY (USDTRY CURNCY) is the first major currency devaluation since banks adopted IFRS 9. Under the new...
607 Views
HSBC – $7 Billion Valuation Hole on BoCom and Other Sundry 1H18 Data
“As at 30 June 2018, the fair value of HSBC’s investment in Bank of Communications Co., Limited (‘BoCom’) had been below the carrying amount for...
385 Views
Deutsche Bank – Dumpster Fire Rages On
* 2Q18 Results Even lower than pre-release; * Overall results appear to have been managed; and *Large capital raise likely on the near-term...
297 Views
Deutsche Bank - Still A Dumpster Fire
* Deutsche Bank (DBK.GY/DB.US) [Deutsche] provided a preliminary update with improved capital metrics versus expectations; * Deutsche still...
438 Views