All GLG News Analyses Filed Under: Commercial & Retail Banking

Implications: 1.A "Buy from a Hold" target price? Expectations are high and , perhaps, enhanced speculation. 2.The basis of formulation is a cut in dividends to the shareholder and common/preferred stock offerings.Liquidity is non-existent! 3.Commercial Losses are "Reasonable"?.Due Diligence must be...

Wachovia follows what it takes to do right things to correct the pitfalls.

Washington Mutual (WaMu) cut a deal with TPG and other investors for a $7 billion capital injection by issuing common stock and preferred convertible stock. In addition, 1st quarter write offs of $3.5 billion contributed to an estimated first quarter loss of $1.1 billion. Clearly WaMu needs capital,...

National City Corporation (NCC) share price was up 6% on 4.3.08 on news that crosstown rival KeyCorp and cross-state Fifth Third BanCorp may be courting NCC for a possible merger and/or acquisition, however, this could be a bad time to sell due to current market conditions. NCC may need to do some additional...

1.   Banks create value for shareholders by creating value for customers.  Much of that value to customers is embedded in information systems. 2.   The business of banking evolves quickly, forcing banks to evolve their competitive strategy and resulting advantage.  Information...

"Innovate or die" is a common phrase tossed around IT Departments as they determine how to allocate their budget dollars towards data security, regulatory compliance, customer centric projects and front-office applications. Core banking systems are running 24/7 to support internet banking, global operations...

Though the news item states that nearly 5,000 rural bank branches were closed down in India, in the last 15 years and in number of metro branches doubled - in my opinion it is just fine

The  decision  of  the  Fed  to  dramatically  reduce  interest rates, guarantee the  assets  of  Bear  Stearns  and  help  JP Morgan  in  the  takeover  of  Bear  are  all  indicative ...

A number of large banks are looking at severely depressed stock prices and multiples that have dropped to book value or below. Is now the time for a buyer to step up and buy a struggling bank? If not, when does it make sense for a buyer to cut a deal? Will existing M & A deals still close? What...

Considering the current fall-out in Commercial Lending with the big banks (most of which were deservingly so), such as Wachovia, Chase, and Bank of America, the Credit Union field has such great opportunities to grow their market-share if they just decided to move into the 19th Century, instead of living...