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Bank Profitability: Decoding the Income Statement

Tom Spencer

Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as retail banking, wholesale banking, and wealth management can vary between different banks. Income tax and indirect tax are two additional types of taxes levied by governments.

Banking 88
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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

A tour of various supermarkets in the city of Buenos Aires, found escalating inflation is much higher in stock products, perfumery and milk. Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. certain P&G products — are exchanged. Here are some price increases from the article.

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6 Reasons Inflation is Higher than You Think

Tom Spencer

“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” ~ John Maynard Keynes. In order to take this into account, government agencies (e.g., Government has an incentive to cheat. in October , its highest level since 1990.

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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. The government will buy those assets, freeing up the major banks to loan again to businesses. Productivity. (6). at 7:39 PM.

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Descent of the Global Monetary System

Tom Spencer

By taking America off the gold standard, the US dollar became a fiat currency, deriving its value not from a claim on gold but from the stability and creditworthiness of the US government, the tax collecting power of the Internal Revenue Service, and the restraint of the Federal Reserve in limiting the supply of dollars. (It

System 88
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Banks – Industry Overview

Tom Spencer

In secondary markets, the sales & trading function operates as a market maker. Banks lend money to individuals, businesses, and governments through a variety of loans and collect interest payments. Various other products. They help to match sellers with buyers (playing the role of a broker). Interest Income.

Banking 12
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Bulls and Bears Debate China: Property Bubble Expands Again; GDP Growth Picks Up; Economic Recovery Underway? No Says Michael Pettis

MishTalk

A series of land sales have set record prices since August, with real estate developers ramping up their competition for the best plots in the biggest cities. This means that the foreign currency reserves are simply the asset side of a balance sheet against which there are liabilities. China Rich in Reserves.