bank

Corporate Finance

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, 1 week1 week ago

Corporate Finance

Monte Dei Paschi Recapitalization

Download PDF Introduction On October 17th 2022 Banca Monte dei Paschi di Siena, the world’s oldest bank, started its seventh capital raise in 14 years raising concerns among its shareholders. The bank encountered difficulties to secure large-scale commitments from investors with the Italian Treasury contributing 64% to the capital increase Read more…

By BSIC, 11 months11 months ago

Corporate Finance

Banker’s Toolkit: Financial Institutions Group

Download PDF Introduction As the backbone of the financial industry, the banking sector has always had a predominant role in worldwide economies. Over the last decades, banks have expanded their operations at a global scale, and imposed their presence in almost all economic activities. Understanding this vast sector requires dividing Read more…

By BSIC, 1 year1 year ago

Corporate Finance

Emerging markets are catching up: Deep dive into the recent tech boom

Download PDF Introduction Emerging Markets have long been just that: markets that are only just in the process of becoming developed, and are still lagging behind established market economies. Recently, however, the pace of development has increased drastically in these economies, particularly in their technology sectors. Reasons for this are Read more…

By BSIC, 2 years2 years ago

Corporate Finance

Supply Chain Finance: does the demise of Greensill clear the smoke in the mirror?

Download PDF Introduction – The Crisis of Greensill Capital Firms come and firms go, some find long-lasting success, while others start from bright start-up ideas but end up in the graveyard of business ideas in a matter of years. Greensill Capital had the potential to be in the first group, Read more…

By BSIC, 2 years2 years ago

Markets

Banks Do Not Live on Grandma Savings Alone

Download PDF Introduction Banks finance themselves through a variety of different sources with different maturities and credit risk characteristics, for example through deposits, equity, short-term wholesale funding, long-term unsecured bonds, covered bonds, and asset-backed securities (ABSs). Hereunder a representation of the main long-term funding sources for a bank in their Read more…

By BSIC, 3 years3 years ago

Corporate Finance

Total buys Engie’s LNG assets for $1.5bn in a race to boost its gas business

Total S.A. (NYSE: TOT) – market cap as of 17/11/2017: $138.514bn Engie S.A. (PAR: ENGI) – market cap as of 17/11/2017: $34.837bn Introduction On November 08, 2017, the French multinational oil and gas company Total announced that it entered into an agreement to buy the Liquefied Natural Gas assets of Read more…

By BSIC, 6 years ago

Corporate Finance

FirstRand and Aldermore: a GBP 1.1bn merger across South Africa and UK

FirstRand Ltd (FSR:SJ) – market cap as of 11/10/2017: ZAR295.3bn Aldermore Group Plc (ALD:LN) – market cap as of 11/10/2017: GBP1.07bn Introduction FirstRand and Aldermore, as of 6 November 2017, have agreed upon merging in a £1.1bn deal, at 313 pence per share in cash which implies a 22% premium Read more…

By BSIC, 6 years ago

Corporate Finance

Transaction cleared: consolidation trend in the Payments Processing sector

Introduction The payment processing industry has witnessed sincere interest from strategic and financial investors. Low barriers to entry have enabled newcomers to quickly establish themselves and net high valuation multiples. As a result, the sector is currently highly fragmented and presents good consolidation opportunities. What do we mean by Payment Read more…

By BSIC, 6 years6 years ago

Business Valuation Corporate Finance

Is time up for Universal Banks? Deutsche Bank – Postbank case

Introduction As the financial system stabilises after the recent crisis, three distinct business models are emerging. First, focused retail institutions with a specific offering of products and services, such as American regional banks and Europe’s savings banks. Second, investment banks which also operate asset management businesses and private equity investments. Read more…

By BSIC, 8 years8 years ago

Currencies Equity Indices Fixed Income Markets

Market Recap 25/04/2015

US US equities climbed to new heights as the week drew to a close with the Nasdaq Composite surpassing its previous peak of 5048.62 points from the year 2000 that marked the height of the dot-com era. The tech-heavy index advanced 3.2% over the last 5 days to close Friday’s Read more…

By BSIC, 8 years8 years ago

Business Valuation Corporate Finance Equity Deals

General Electric: Diversity turns into Complexity

General Electric; Market Cap (as of 17/04/2015): €276,45bn Introduction On April 10, General Electric Company made an enormous restructuring announcement to spin out the majority of financial services division, GE Capital, in a strategic effort to shift the company’s overall direction. The decision was made on the premise of Read more…

By BSIC, 8 years8 years ago

Markets Single Stocks

Deutsche Bank: The only to act or the first?

On May 18, Deutsche Bank has announced a plan to raise € 8bn ($ 11bn) in new capital. The increase will consist of € 6.3bn in a rights issue and a further € 1.75bn from the Qatari royal family. The capital increase will be the second largest ever launched by Read more…

By BSIC, 9 years9 years ago

Corporate Finance

Speculators’ Eyes Are Back On The Mediterranean: Will Greece Provide An Investment Opportunity to PE Funds and Hedge Fund Managers?

1. What’s Going On In Greece 1.1 Global Financial Crisis, Sovereign Debt Crisis and the Troika Greece is a country that witnessed big changes in the last years. 2008 was the year when the Global Financial Crisis exploded, changing the world for all of us. 2009 saw the burst of Read more…

By BSIC, 9 years9 years ago

Corporate Finance M&A Deals

Deutsche Bank sells Cosmopolitan casino to Blackstone for $1.7 bn

Deutsche Bank AG Market Cap (as of 16/05/2014): $42.9bn Blackstone Group LP Market Cap (as of 16/05/2014): $32.8bn On 15th May 2014, Deutsche Bank (DB) announced that it would be selling its 100% stake in Nevada Property 1 LLC, the owner of The Cosmopolitan, a popular Las Vegas resort and Read more…

By BSIC, 9 years9 years ago

bsic_official