Tom Spencer

DECEMBER 10, 2014

WILLIAM Black, former bank regulator and Professor of Economics and Law at the University of Missouri, witnessed first hand how banks took control of the banking system to commit fraud on a colossal scale. Economics banking crisis consulting financial fragility financial regulation financial stability Management Consulting'

Financial 98

Financial Banking System Consulting 98

MishTalk

OCTOBER 1, 2014

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of " provoking a devaluation of the peso ". In response Head of Argentine Central Bank Quits. Here''s a chart that shows just that. pesos to the US dollar. Today the peso trades at 8.45 to the US dollar.

Banking 69

Banking Benchmarking Government Journal 69

MishTalk

DECEMBER 18, 2013

The Financial Times notes a Big rise in subordinated debt issuance by EU banks Banks have taken advantage of yield-chasing investors to issue $90.7bn of subordinated debt for the year to date, a 41 per cent increase compared to the same period in 2012. It relates to bail-in procedures in the alleged European "banking union".

Banking 71

Banking Balance Sheet Finance Government 71

Tom Spencer

OCTOBER 16, 2021

The most common type of green finance are government-issued bonds, which first came about as structured AAA-rated bonds from the European Investment Bank. While the top three issuers are the US, China and France, the growing role of the European Central Bank is notable. Resilience Bonds. Final thoughts. Image: Pexels.

Financial 88

Financial Insurance Insurance Finance 88

Tom Spencer

JANUARY 26, 2024

Since 2008, the rate of inflation in the U.S. By targeting a low and stable positive rate of inflation, the Fed and other central banks hope to avoid the risks posed by deflation while also dodging the problems posed by run-away inflation. remained stable, at or below the Fed’s 2% target.

Policies 147

Policies Financial Benchmarking Groups 147

MishTalk

JUNE 30, 2014

Today, French bank BNP Paribas plead guilty Monday to criminal money-laundering laws by helping clients dodge sanctions on Iran, Sudan and other countries. On Monday in an agreement with the Manhattan District Attorney Cyrus Vance the bank pleaded guilty to falsifying business records and conspiracy in Manhattan Supreme Court.

Banking 69

Banking Journal Financial System 69

MishTalk

OCTOBER 27, 2014

Central Banks and the Business Cycle I like it when someone besides a few financial bloggers takes the gloves off and starts asking some hard-hitting questions. Simply put, the central banks for all their huffing and puffing cannot eliminate the business cycle. Only those who believe in voodoo can get a job at a central bank.

Banking 75

Banking Policies Financial Marketing 75

MishTalk

APRIL 7, 2014

In lengthy negotiations last month the EU reached a deal on how to handle failed banks. Please consider EU Deal on Bank Failures Risks Unravelling A landmark EU agreement on a common rulebook for handling bank failures is in danger of unravelling over the fine print restricting when a state can intervene to rescue a struggling bank.

Banking 71

Banking Balance Sheet Finance Government 71

Consultant Ninja

NOVEMBER 11, 2008

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. Tuesday, November 11, 2008. Tuesday, November 11, 2008. Management Consulting. skip to main | skip to sidebar. Consultant Ninja. bankruptcy Sept. 15 in New York.

Oliver Wyman 100

Oliver Wyman Marketing Consulting Management 100

MishTalk

DECEMBER 11, 2013

In an Op-Ed in the Wall Street Journal Blinders says " Don''t only drop the interest rate paid on banks'' excess reserves, charge them. Not long ago—say, until Lehman Brothers failed in September 2008—banks held virtually no excess reserves because idle cash earned them nothing. Banks are capital impaired. I think not.

Banking 67

Banking Small Business Insurance Insurance 67

Management Consulted

DECEMBER 30, 2008

Hi readers: I hate to pause the blog train, but for the next few days I will be traveling and enjoying the last moments of 2008. Subscribe to my RSS feed here to learn more about management consulting jobs. Get the Management Consulted email newsletter: We offer resume editing and interview prep.

Case Interview 100

Case Interview Case Study Case Studies Consulting 100

Tom Spencer

JULY 25, 2020

So how did New Zealand manage to escape the GFC relatively unscathed? Gabriel Makhlouf, former Reserve Bank Secretary, gave five major reasons (pdf) why New Zealand had managed to avoid the fate suffered by other advanced economies. These were: Domestic banks had limited exposure to global assets. lower than in March.

Financial 68

Financial Policies Banking Comparison 68

CaseInterview.com

MARCH 30, 2020

In the Great Recession, the US Economy had a financial services sector (think investment banks) that grew in size until it was far larger than the economy needed to make the economy run. Prior to 2008, the financial sector grew way beyond enabling the rest of the economy. I’ll give you a simple example. The root cause is clear.

Financial 145

Financial Energy Real Estate Government 145

MishTalk

MARCH 31, 2014

labor slack Federal Reserve Chair Janet Yellen gave a strong defense of the central bank''s easy-money policies on Monday, saying its "extraordinary" commitment to boosting the economy, especially the still struggling labor market, will be needed for some time to come. Home Prices Up 60% Since 2008 Home prices in China rose 60% since 2008.

Real Estate 73

Real Estate Finance Banking Policies 73

Tom Spencer

AUGUST 13, 2016

Mark Carney, Governor of the Bank of England, issued a statement immediately following the result in which he aimed to calm market sentiment. In a calm demeanor, he reassured us that the Bank of England would not hesitate to take additional measures, as required. What kind of additional measures did he have in mind?

Banking 60

Banking Financial Policies Government 60

MishTalk

FEBRUARY 26, 2014

Steen Jakobsen, chief economist at Saxo Bank in Denmark, sent an interesting email yesterday regarding China, Germany, the European debt crisis, and equity prices. Steen is one of the speakers at Wine Country Conference II , May 1-2 in Sonoma, California. to less than 3.0% I simply believe that China leads the world.

Banking 74

Banking Conference Travel Policies 74

MishTalk

MARCH 20, 2014

About the only comment regarding yesterday''s FOMC announcement that I saw worth mentioning came today from Saxo Bank Chief economist Steen Jakobsen. I gave my own look into what the Fed knew or didn''t in Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed. Is the Fed any less clueless today than 2008?

Conference 63

Conference Banking Trends Analysis 63

Consultant Ninja

APRIL 1, 2009

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. If anything management consulting is set for a new growth phase. Management consulting does have swift, brutal down cycles. Management Consulting. at 7:45 PM.

Industry 100

Industry Oliver Wyman Consulting Management 100

Tom Spencer

AUGUST 17, 2013

In the case of Greece, the money has come from the EU , the European Central Bank and the IMF , which is all well and good. sextillion percent in November 2008). Economics bailouts band-aid solution Clarke and Dawe consulting European Central Bank Greek economy IMF keynesian endpoint Management Consulting quantitative easing'

Banking 89

Banking Government Finance Consulting 89

MishTalk

SEPTEMBER 19, 2014

Grgurich formulated his article after reading "an intriguing piece just published in Foreign Affairs, Brown University political economist Mark Blyth and London-based hedge fund manager Eric Lonergan argue the Fed could have done better by pursuing a far different type of grand policy experiment. " That is an increase of roughly $3.3

Banking 71

Banking Finance Policies Management 71

Tom Spencer

JULY 30, 2013

KYLE BASS founded and runs Hayman Capital Management , a Dallas-based hedge fund. He is a successful investor who is well known for predicting and profiting from the sub-prime mortgage crisis in 2008. Economics consulting Hayman Capital Management Japan keynesian end point Kyle Bass Management Consulting'

Government 98

Government Banking Consulting System 98

MishTalk

JUNE 25, 2013

China Acts to Calm Markets; Stock Market Rebounds From 6% Plunge After Central Bank Pledges More Liquidity; Wet Nurse Action. On Monday China insisted banks had significant liquidity sending a message that banks need to manage their own risks. Balanced Budget Ammendment Sign the Balanced Budget Petition. Home Builders.

Analysis 67

Analysis Trends Marketing Real Estate 67

Tom Spencer

JULY 24, 2013

SINGAPORE is on the rise as a wealth management hub with funds under management growing by 22% in 2012 compared with around 5% for Western Europe as a whole. Swiss assets under management may be growing more slowly, but the Swiss continue to manage significantly more assets (US$2.8 trillion compared with US$1.29

Banking 84

Banking Management Financial Operations 84

MishTalk

JULY 17, 2015

The Bank of Canada admitted on Wednesday that Canada was in Recession. Bank of Canada Governor Stephen Poloz is afraid to speak the "R-Word". What made the Canadian recession easy to spot was the Canadian yield curve inverted out to three years following a surprise rate cut by the Bank of Canada on January 21. Well sort of.

Banking 28

Banking Operations Real Estate Report 28

MishTalk

DECEMBER 8, 2014

Mexico’s central bank revived an intervention program designed to curb foreign-exchange volatility after the peso fell to a two-year low. percent from the previous close, the central bank said today in a statement. Treasury Secretary Hank Paulson at a July 15, 2008 Senate Banking Committee hearing.

Banking 72

Banking Finance Energy Policies 72

MishTalk

DECEMBER 7, 2014

Ukraine’s central bank reported foreign-currency reserves at their lowest for almost a decade, raising pressure on the West to provide more financing to the country being squeezed by Russia. Ukraine is currently in a pretty critical condition—and desperately in need of IMF life support,” Standard Bank analyst Timothy Ash wrote in a note.

Banking 75

Banking Finance Government Report 75

MishTalk

DECEMBER 7, 2015

Perverse Central Bank Battle In the perverse central bank battle to defeat price deflation, the central banks are having a rough go of things. The price of West Texas Intermediate (WTI) light sweet crude is down 6 percent today to lows last seen late 2008 and January 2009. since May of 2004 when it closed at $37.04.

Banking 28

Banking Energy Report Productivity 28

MishTalk

JANUARY 26, 2014

Now the governments of both Venezuela and Argentina have reacted – the former by introducing a ''second bolivar exchange rate'' for certain types of exchanges, the latter by stopping to defend the peso''s value in the markets by means of central bank interventions. Turkish Lira vs. US Dollar Since mid-2008 the Lira collapsed from 1.03

Balance Sheet 78

Balance Sheet Banking Tourism Sports 78

Martinka Consulting

APRIL 26, 2019

70% of medium sized companies will change hands (2008). Notice the same predictions from 2008-2015? Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. In successful businesses (and successful departments I’m sure) with good managers the figure is above 68%. And guess what?

Marketing 40

Marketing PricewaterhouseCoopers Cash Flow Banking 40

MishTalk

JUNE 26, 2013

A 29-page report by the Treasury, obtained by the Financial Times, details Italy’s debt transactions and exposure in the first half of 2012, including the restructuring of eight derivatives contracts with foreign banks with a total notional value of €31.7bn. Bank Lending, Jobs, The Great Retrace. Home Builders. Newer Post.

Analysis 70

Analysis Trends Real Estate Financial 70

MishTalk

MARCH 24, 2014

I quoted the opinion of Saxo Bank Chief economist Steen Jakobsen. I am certainly in agreement with Steen, and gave my own look into what the Fed knew or didn''t in Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed. What will other central banks do? My friend "BC" pinged me with the following chart.

Banking 65

Banking Marketing Management Strategy 65

MishTalk

AUGUST 1, 2013

Federal Reserve Chairman Ben Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were “beginning to understand our message.” Bank Lending, Jobs, The Great Retrace. December 2008 (85).

Data 73

Data Real Estate Financial Advertising 73

MishTalk

MAY 24, 2014

Anyone who is thinking clearly knows the economic system fostered by central banks is totally and completely out of control. Since then, Stark has used his rare, but valuable public appearances to warn of the risks associated with the current policy of central banks to the crisis. Stark spoke openly.

System 78

System Banking Policies Insurance 78

Management Consulted

DECEMBER 6, 2015

Alvarez & Marsal have been making waves in recent years for the high profile, high quality work they did in the midst of the banking crisis. One of the things we really love to do here at Management Consulted is answer the questions you have for us. Regulatory and Risk Management. . ALVAREZ & MARSAL CONSULTING.

Interviews 100

Interviews Culture Turnaround Case Interview 100

MishTalk

JULY 19, 2013

Instead, it is sitting on a pile of cash worth about $280 million—50% higher than its pile a decade ago, equivalent to one-fifth its annual sales, and more than twice the level required for the firm to be deemed loan-worthy by a bank. Bank Lending, Jobs, The Great Retrace. December 2008 (85). November 2008 (78).

Real Estate 73

Real Estate Financial Advertising Case Interview 73

MishTalk

JUNE 27, 2013

His comments came in before China intervened to quiet the markets as noted in China Acts to Calm Markets; Stock Market Rebounds From 6% Plunge After Central Bank Pledges More Liquidity; Wet Nurse Action. Beijing, correctly in my opinion, continues to be eager to clamp down on risks within the shadow-banking sector. Home Builders.

Analysis 70

Analysis Trends Real Estate Banking 70

MishTalk

DECEMBER 4, 2014

We have asked the central bank to take measures to make sure that speculators can no longer take advantage,” Russia’s president said in a speech on Thursday. “We Currency Action Since July 2008 the Ruble had gone from 24Rub-per-US$ to 54Rub-per-US$. We know who those people are, and we have the means to rein them in.

Banking 76

Banking Finance Analysis Policies 76