Who wants to buy some European bank shares? There might be some on sale soon! European banks have a capital shortfall of as much as 767 billion euros ($1 trillion) before the European Central Bank’s …
Search Results for: performance
January 17, 2014
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts down 38bp, FixedResets gaining 11bp and DeemedRetractibles off 7bp. The BAM Floaters got hammered. TRP issues were prominent in …
January 16, 2014
Protecting investors is boring! It’s time for a brave new world of social engineering! The Ontario Securities Commission has proposed a new rule that would require companies to report annually on their policies to add …
January 15, 2014
Looks like there’s some support for my view that public dissent is good policy: The central bank’s governing council was created to reassure the public that setting interest rates in Canada wasn’t a one-man show. …
January 14, 2014
Nothing happened today, either. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 20bp, FixedResets gaining 2bp and DeemedRetractibles off 4bp. The Performance Highlights table is notable for a fine …
January 13, 2014
Nothing happened today. Bloomberg has a nice piece on Chinese MMFs, but it’s not written in such a way that I can convey the gist by extracting a few paragraphs. It will be most interesting …
January 10, 2014
Today’s big news was a lousy US jobs number: The 74,000 gain in payrolls, less than the most pessimistic projection in a Bloomberg survey, followed a revised 241,000 advance the prior month, Labor Department figures …
January 9, 2014
There’s a disturbing trend in the States: New Jersey Governor Chris Christie called a news conference today after disclosures that an aide triggered a days-long traffic jam as political revenge, a revelation that threatens his …
January 8, 2014
Nothing happened today. It was another mixed day for the Canadian preferred share market, with PerpetualDiscounts gaining 1bp, FixedResets up 11bp and DeemedRetractibles down 12bp. The Performance Highlights table is short by standards of the …
January 7, 2014
Bloomberg’s Matt Levine pens a good review of JPMorgan’s $1.7-billion Madoff fine: If you think of JPMorgan’s businesses as operating more or less independently, but occasionally making each other money by cross-selling, then this mess …