GLG News in Financial & Business Services

Banks are already focusing on high net worth individuals, sovereign wealth plans (either commodity or export based), revised property derivatives and top performing industries rather than small businesses. Anyway, banks have to meet their targets, despite this increase in foreclosures. So, they must find the “right customers” as well as the “right deals”, make or show things simpler and cooperate...

After the recent announcement of the Commerzbank AG buying Dresdner bank from Allianz SE, again a new take over in the commercial and retail banking area is on target. Taken the Single European Payments Area (SEPA) into consideration and the uptake this will bring in this market, the consolidation of banks in Europe is (again) about to begin.

Implications: 1.All Global and Domestic default rates have risen and a strong forecast of a Recession are on the radar screen. 2.Emerging Market Debt and Loans by the Japanese to large coporations appear to be the only issues that have a positive synergy. 3." Emerging Markets " appear to present themselves with a factor of growth. Long and/or Short implications of the same may or may not be predictable. 4.The...

KDB in this case is playing the role of the blind squirrel who finds a nut.  It is wise to invest opportunistically, in ventures that are cheap, WHEN YOU UNDERSTAND THAT YOU ARE NOT KNOWLEDGEBLE IN HOW TO RUN THESE BUSINESSES. 

The question to answer here is whether or not the ECB is a collateral-based lender.

The fact the ECB might accept securities other central banks (or private lenders) might not is not preventing the market for these securities to correct.  Pledging securities to a collateralized lender will not affect the ability to sell these securities when the opportunity presents itself.

The personell market in India is becoming more tight. Despite major numbers of graduates flushing the market, the real potential for international jobs is estimated far lower then the actual number of graduates. Bearing this mind makes the HR outsourcing industry a booming market for the future, as it is in mature markets already.

Implications: 1.Common Equity is low compared to that of Securities Firms.A deviation does exist between the Securities Industry and the Banking Industry. The question, at hand, is the common ground? 2." A Large and Growing Equity Shortfall "has not kept pace with the Financial Institution's ability to absorp losses - hence re-capitalization. 3.It is , entirely possible, that the bank will, indeed,...

Implications: 1.The Credit Crisis seems to be leveling - off and Mortgage Rates seemed to have fallen into a downward trend. 2.Raising funds on-the-swap market may have relieved the Major burden. The question , at hand, is the length of time for proof positive. 3.Decision Makers have chosen to raise the rate by .75 points - the "new" base rate of 5.75%. 4.The salient issue is the amount of required...

1.Shrinking business pushing bigger banks to swallow smaller banks to increase customer base.