Remove Balance Sheet Remove Retail Remove Sales Remove Strategy
article thumbnail

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. Jason Oh is a Senior Associate at Strategy& with a focus on financial services.

Banking 88
article thumbnail

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

MishTalk

Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. Retail investors aren’t the only ones suffering from the woes of the emerging markets: Procter & Gamble PG +2.06% is feeling the pain of foreign currencies, too. Two-liter bottles of water rose from $8.25 bolivares per one U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

The balance sheet of the European Central Bank has fallen by €553bn over the past year as banks repay money that they no longer want, either because ECB funds are too costly in a near-deflationary world or because lenders are being compelled by regulators to shrink their books. The US and China are withdrawing stimulus on purpose.

article thumbnail

How the Great Recession Changed Banking

Harvard Business

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

Banking 28
article thumbnail

5 Ways to Increase Your Cross-Selling

Harvard Business

A similar story can be told in retail banking, insurance, credit cards, retail, and other industries. Take a balance-sheet view. Effective cross-selling organizations, such as American Express, complement the P&L perspective with a longer-term, balance-sheet view of the business and a multiyear view of customer value.

article thumbnail

Banks – Industry Overview

Tom Spencer

In secondary markets, the sales & trading function operates as a market maker. Wealth Management – wealth management is heavily favored today in bank strategy due to low capital requirements – the business model was covered in the series on Asset Management. Commercial vs Retail Banking. Bank Income Statements.

Banking 12
article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Bob Costello, chief economist for the American Trucking Associations, recently told an industry gathering that the third quarter economic slowdown was merely a blip on the radar, fueled by manufacturers and retailers burning off excess inventory from earlier in the year. So they’re not stuck with excess drivers and trucks.”