BSIC

New capital requirements for banks proposed by the Fed – untangling their effects on financial institutions, the future of credit and the US economy

Download PDF Introduction A new and ambitious proposal launched by U.S. regulators has taken the commercial banking industry by storm, with mixed reactions from bank executives, analysts and politicians. Fed Chair Jerome Powell came out in support of the proposal but admitted that regulators have a difficult task ahead of Read more…

By BSIC, ago

Chinese Economic Slowdown

Download PDF China’s current economic downturn Over the past decades, China’s economic trajectory has signaled its resilience and strategic prowess. It went from farming to manufacturing and became a leader in technology and infrastructure. Symbols of modern progress were quickly incorporated into the cityscapes’ once-grand historical settings. However, the recent Read more…

By BSIC, ago

Market Recap 17/09/2023

Download PDF USA US equities traded mostly at a loss this week, with the S&P and Nasdaq closing the week at -0.16% and -0.39%, respectively. The Russell 2000 also closed below the weekly open at -0.24%, while the Dow Jones closed at +0.12%. Tesla (NASDAQ:TSLA) was the big mover among Read more…

By BSIC, ago

Modelling Swap Spreads

Download PDF Introduction Swap spreads, which measure the difference between the fixed rate on a swap and the yield on a Treasury bond of the same maturity, have often been negative in recent years, particularly in the wake of the financial crisis of 2008. This phenomenon has puzzled market participants, Read more…

By BSIC, ago

Glencore – Teck Saga: Analysis

Download PDF Introduction  The potential $23bn hostile takeover of Teck Resources (NYSE: TECK) by the commodities behemoth, Glencore (LON: GLEN), would mark a significant moment in the industry. The Canadian family-controlled company has long been a prized asset eyed by the biggest industry players; however, its organisational structure was thought Read more…

By BSIC, ago

Market Recap 07/05/2023

Download PDF US The week in the US market was marked by big losses in regional banks stocks, as First Republic failed. The S&P500 lost 0.8% for the week, the Dow Jones was down 1.24% and the Russell 3000 Value was down 1.71%. While the Nasdaq and Russell 3000 Growth Read more…

By BSIC, ago