Bankia - CaixaBank: Merger in Progress, Spread Attractive
I recommend keeping an eye on the spread. It closed today (27 October) at a gross 1.66%, an interesting level for a deal that will certainly close...
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Turkey – Choo Choo
TURKEY: A Crisis Is Coming As a Result of Strongman President Erdogan's Inability to See The forest From The Trees. Rates Too High, Artificially...
343 Views
European Banks: 2Q20 Capital & Credit Quality Screens
European bank earnings have been hit hard by the need to build loan loss provisions, in the pandemic driven downturn We look at 2Q20 cost of risk...
337 Views
Turkey – On The Brink
*Military Flashpoint With Greece: In late July, a Turkish seismic exploration ship (“Oruc Reis”) was sent to Kastellorizo, an island on the Greek...
402 Views
Turkey – Grand Experiment Is Failing
*Backward, Not Forward: Turkey is fast becoming a frontier market. The rise of President Erdogan looks to threaten generations of wealth...
340 Views