Japan Post Bank reports $9.3bn unrealized losses on securities; actual losses likely larger. July 26, 2024 9:44 pm
Moderna is being investigated for engaging in securities fraud or other unlawful business practices. July 19, 2024 3:49 pm
US government securities liquidity at worst since 2011, surpassing 2020’s Covid crash. June 20, 2024 10:28 am
For the very first time since 2008, the New York Fed will not confirm or deny that JPMorgan Chase is the custodian of $2.4 Trillion of its securities = 2008 never ended April 10, 2024 8:42 pm
The China Securities Regulatory Commission (CSRC) vowed on Monday to strictly punish market manipulation and malicious short selling February 6, 2024 9:39 am
Chinese banks speed up bad loan sales amid economic recovery. NPL-backed securities rise 40%, real estate slump. 30% pay cuts, 5% home price decline wipes trillions. December 18, 2023 9:01 pm
Unrealized losses on investment securities held by US banks hit $684 billion in Q3, according to the FDIC – A 22.5% increase compared to last year. Is the banking crisis really over? December 1, 2023 9:33 am
Sound familiar to 2008?: “changes in the 90s enhanced asset securitization, shifting the prevalent mode of financial intermediation from a bank-centric model of taking deposits & issuing loans (holding them to maturity) to a new model where loans were packaged into securities & sold to investors.” November 28, 2023 6:22 am
Robo Feds: Securities and Exchange Commission SEC Will Use AI for ‘Market Surveillance’ and Regulatory Oversight September 14, 2023 9:35 am
Unrealized losses on securities totaled $558.4 billion in the 2nd quarter, up $42.9 billion (8.3%) from the prior quarter. Unrealized losses on held-to-maturity securities totaled $309.6 billion in the 2nd quarter, while unrealized losses on available-for-sale securities totaled $248.9 billion. September 7, 2023 11:57 pm
They are Selling Sub Prime Car Loan Backed Securities Like they did with Houses in 2008 August 25, 2023 9:16 am
Silvergate Capital CEO Alan Lane to Exit as Crypto Bank Winds Down. Reminder, Citadel Securities is the owner of roughly 1.73 million shares or a 5.5% stake in Silvergate. August 15, 2023 9:47 pm
SEC Charges 11 Wall Street Firms with Widespread Recordkeeping Failures and agreed to pay combined penalties of $289 million. Wedbush Securities, Houlihan Lokey, SMBC Nikko, SG Americas, Moelis, Wells Fargo, Mizuho, BMO, BNP Paribas August 8, 2023 10:48 am
A very Healthy U.S. Mortgage-Backed Securities Index & Morningstar LSTA US Performing Loans TR USD August 4, 2023 9:22 am
Massachusetts securities regulator Galvin questioned firms like JPMorgan, Morgan Stanley, Tradier Brokerage, Tiger Securities, E-Trade, Savvy Advisors, and Hearsay Systems about AI usage and client interests. August 3, 2023 9:26 pm
Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin. July 27, 2023 10:28 am
FICC – MBS Alert! CREDIT SUISSE SECURITIES (USA) LLC [MBFB] and CREDIT SUISSE AG, NEW YORK BRANCH [CSAG] – Final Retire. As of today, neither Clearing account has open trade obligations on the books of FICC. Effective immediately, the accounts are terminated. July 26, 2023 10:05 pm
Barclays offered and sold $17.7 billion in securities, SEC requests an extension. June 1, 2023 10:29 pm