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quarter:

The long-awaited rebound in investment banking has yet to materialize, making for a disappointing quarter.

July 16, 2023 3:45 pm

by scott_jr Citigroup CEO Jane Fraser: “The long-awaited rebound in investment banking has yet to materialize, making for a disappointing quarter.” ​ Trading, which was stronger earlier in the year, also turned weaker. Citigroup’s revenue from that business fell 13%. …

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Rebound in Rates Puts Pressure on Banks, Holdings of bonds and loans likely fell in value for most lenders in the second quarter

July 5, 2023 10:06 pm

From the WSJ: Unrealized losses on bonds and loans held by U.S. banks are expected to have grown in the second quarter, potentially reanimating an issue that made investors nervous earlier this year. Meanwhile, pressure on profits is rising. A …

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Categories Markets Leave a comment

Ukrainian Debt is now one of the hottest emerging market investments, with returns of over 30% in the second quarter:

June 28, 2023 9:56 am

  You’re welcome -Tax Payers. h/t TonyLiberty

Categories Markets Leave a comment
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