BlackRock manages the planet's equity
June 23, 2009
Barclays accepts BlackRock's BGI bid | uk.reuters.com
U.S. fund manager BlackRock with various origination ties to U.S. banking and U.S. government asset management; reaches across the pond and expands its horizons.
Is Real Estate Inventory Finding or Hitting a Bottom?
June 10, 2009
Consulting Management Platform | news.glgroup.com
1. Does the data from several sources indicate that housing inventory is hitting bottom. 2. What is driving the current market conditions 3. What will drive the market to react from a negative or positive nature
An Opportunity - New Times, New Faces
June 5, 2009
Xerox Appoints Burns as CEO | www.businessweek.com
This is a great opportunity for Xerox and Ursula Burns, though maybe not necessarily in that order. Ursula Burns is certainly competent and well prepared, but given the current economic situation and imaging industry flux, there is nothing that can be taken for granted. It remains to be seen whether she can continue the positive trajectory established for Xerox under the stewardship of Anne Mulcahy.
Residential Mortgage Rates Fall Again This Week....Does it Matter ?? What Is the Tipping Point?
May 25, 2009
Consulting Management Platform | news.glgroup.com
This week we saw residential mortgage rates fall even lower for almost all loan programs. However, the question needs to be asked..Does it really matter at this point in time. If rates dropped into the 300 basis point range would there be a rush by the public to buy new or exiting housing stock?
Your Credit Score !!! Ways to Maintain The Best Credit Score Possible
May 25, 2009
My Analyses | news.glgroup.com
At this point in time it is imperative that every individual spend as much time and take as much effort possible to insure that they have the best possible personal credit bureau score. Regqardless iof what bureau is used (TransUnion, Experiein or Equipfax) and what credit score model is used (FICO or Vantage Score). With lenders being very picky as to whom they lend to the best credit score will win the hearts and minds of the lender.
Institutional Investor Flee's From Bank Of America. Will Others Follow ??
May 25, 2009
Temasek dumps 3.8% Bank of America stake | business.timesonline.co.uk
Is the trend of institutional investors leaving BoA as well as well as other larger FI's tell a story of things to come? What is the motivation behind these moves? A lack of faith in BoA strategies ? Concerns about capitol? Are more loan losses that are still predicted to come in the 2nd through 4th quarter helping to squash a continued rally?
May 21, 2009
Consulting Management Platform | news.glgroup.com
Much has happened in the credit markets in the past several years and many things have contributed to the current economic downturn. The road in the rear view mirror is littered with failed policies from the government and from private segments of the econimic system. One thing is certain. The start of this current economic cycle, the tip of the spear that created this crisis, is the collapse of the residential mortgage market. This situation manifested itself in changes to the marketplace spurred on by changes in the Congress and Senate during the 2006 election cycle. During this time the Democrates took control of both sides of the ails. Barney Frank was named head of the House Budget Commitee and Chris Dodd was named head of the Seante Banking and Finane Committee. Both of these men had a major effect on how the morgage market changed from years past.
Balance of price and funding has occurred in local markets.
May 19, 2009
Mortgage lending picks up | www.ft.com
One of the final stages required for a real estate cycle recovery is buyer availability of funding, and the capitulation of sellers price expectation.
Corporate C&I and Commercial Real Estate Lending is Taking a "Wait and See" Attitude
May 18, 2009
Sharp slowdown in corporate lending | www.ft.com
Almost every bank is taking the "Wait and See" attitude depending on each institutions capitol, geography, market demographic or new/ revised growth strategies in this current environment. This wait and see strategy is the new balancing act in most independent community, regional and super regional banks. The lifeblood of most commercial bank lending has always been focused or centered on "Relationship" lending. Lending to companies, within a banks designated SIC spread or range that have typ,ical C&I as well as CRE potential are always nurtured if they already are on board and are coveted as business development . The ability to position lending to any business within the banks appetite is always a balancing act between the risk and the reward. Customers who have the greatest potential for a multi level lending product need as well as all the typical deposit, cash management, trust, trade debt and other add on products is how banks grow and how profitability is maximized
Loan Delinquencies & Loan Losses Continue to Hit Record Levels In Almost all Loan Product Categories
May 18, 2009
Consulting Management Platform | www.financialexpress.com
Loan Delinquencies & Loan Losses Continue to hit record levels In all Loan Product Categories as this lastest economic cycle moves hrough the pipeline. Even with the changes that most FI's have made to their loan policies and underwriting guidelines the number of loans madewithin th the prior parameters continue to move through the pipeline. Since deliquencies and loan losses are another lagging indicator within the cycle we are just starting to see the final chapter being written on where these two major indicators will end up. The key question is where will these delinquencies and losses rank in relation to previous cycle highs...Does anyone want to guess? How long will it take to see these levels?
Switzerland sues Google over Street View privacy concerns
November 13, 2009
Here Come the Droids! A brief review of Verizon Wireless' new Droid line-up.
November 11, 2009
October 30, 2009
Vodafone Orange Iphone Deal Ends Two Years Exclusivity Of O2 In UK
October 5, 2009
IPhone Coma Mode puts Apple in the ICU
September 19, 2009