Synchrony Financial – Surge in Late Loans a Harbinger for Banks?
Often, mainstream banks are the last to show a bad loan cycle. It is usually fringe financial companies that are first to show these stresses. This...
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US Banks - Deteriorating Consumer Credit Metrics May Point To Recession
The headline numbers at US banks are wholly misleading if the conclusion is a robust US economy, a robust US consumer and that interest rates will...
743 Views
HSBC Holdings Plc– New Strategic Plan Is Complete Nonsense
* Well Written Plan, Does Not Suggest Its Viable: Â Strategic priorities are similar to those of the previous 3 year Strategic Plan: a) continue the...
218 Views
HSBC - Yet a New Strategy?
HSBC Holdings Plc (5 HK) announced on 11 June a new strategy update, which includes US$15-17 billion in spending until 2020. The bank wants to...
243 Views
US Credit Cycle – Revealing Frailties
Visible signs are increasing of risks in the US credit market, and especially in the consumer segment. The latest data points are from Santander...
315 Views