In today’s briefing:
- Good Morning Japan | Crypto Thursday – Crash Continues
- Corporate Lending’s Rising Profitability: Time for a Shift in Banks’ Focus?
Good Morning Japan | Crypto Thursday – Crash Continues
- Good Morning Japan: We strive to provide the very best breaking macro, stock and thematic overnight news and market moves that will impact the trading day in Japan.
- US stock rally fizzles as Red Wave downgraded to a mere ripple. Bitcoin meltdown takes center stage as market suddenly cares. Disney hit hard but META +5% on job cuts
- NKY futs indicate-70bp vs cash. 8th COVID Wave – but no restrictions. S&I sells Seibu & Sogo; PE bid for Uzabase; Speculation of Softbank going private; Big NEXON buyback
Corporate Lending’s Rising Profitability: Time for a Shift in Banks’ Focus?
- Strong profits and profitability growth by Indian banks (with few exceptions)
- Corporate lending major driver of overall profits and profitability of banks
- Banks may need to reconsider their retail asset focused strategy
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
