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European Banks Dump Massive Amounts of Subordinated Debt on Investors

MishTalk

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
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Getting Your Deal Done

Martinka Consulting

In 2020 I was introduced to a very qualified guy who said he wanted to buy a business. Business sellers please make it easy on your buyer, the bank, and your intermediary. Have a strong balance sheet. Preparation starts with thinking through what you want to do, when you want to do it, and why. This is so important.

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6 Reasons Inflation is Higher than You Think

Tom Spencer

Figure 3 below shows that more than 35% of all US dollars in existence (measured by the M2 money supply) were created since January 2020. While the total assets on the Fed’s balance sheet are currently more than $8 trillion , there is more than $57 trillion of total debt in the US economy.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

You’ll need to provide evidence of your qualifying status, such as 1099-MISC tax forms from your clients, and accounting statements like an income statement and/or balance sheet. The PPP loans will also be available through most major banks in the coming weeks. x average monthly income).

Cash Flow 248
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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

On December 12 the Financial Times reported EU reaches landmark deal on failed banks with a "common rule book for handling failed banks". The next day, a friend commented the banking union agreement proved me wrong. I replied "wait for the details". Some senior officials are warning the proposals are too cumbersome.

Banking 73
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The Cantillon Effect

Tom Spencer

During an economic downturn, a central bank can respond by increasing the money supply. When debt levels become too high, prudent banks have an incentive to restrict lending. Responding to high levels of debt and financial instability, one would expect to see each bank try to protect itself by shrinking its loan book.

Banking 120