Cullen/Frost Bankers – Higher Oil, Less Provisions?
There are few banks in the US or in Texas that have seen as much credit costs during 1Q20 as Cullen/Frost Bankers (CFR US). While both JPMorgan...
518 Views
DNB ASA – Window To Be Constructive Is Open
*Stand Out Quarter For First Major European Out of The Box: DNB ASA (DNB.NO) [DNB] kicked off 2Q20 results season with a bang, reporting a...
460 Views
HSBC – Not Quintessential Recovery Bank
It is not easy to be excited about HSBC Holdings (HSBA LN) even if there are increasing signs of recovery in many areas where this global behemoth...
372 Views
US Banks – Provisions To Halve?
There are vast differences in provisioning done for US banks during 1Q20. There are some banks that indicate a similar high level of provisions...
477 Views
Societe General – Business Is Back?!
It should be clear by now that even the Fed is surprised at the pace of recovery, noting specifically the job gains during May. This does not mean...
405 Views