All GLG News Analyses Filed Under: Commercial & Retail Banking

Executives from Bank of America, Capital One and Discover appeared before the Senate Committee on 12.4.07, to explain their credit card practices. Credit card executives defended the practices as "legal," however; critics denounce the practices and want Congress to regulate the credit card behemoths....

Can banks report profits while still being insolvent? This question may come into play as rolling writedowns play out over the next five years or so. However, banks enjoy special accounting rules that are under continuous review by the standard-setting bodies in the US and EU, and the regulatory authorities...

Not all banks are exposed to sub-prime mortgages, CDO's, SIV's, MBS's and the like yet all banks are trading at unrealistically low levels.  This is a golden opportunity for investors who know how and where to analyze bank financials.

The 18 month moratorium on approvals of commercial firms acquiring industrial banks will not be extended past January.  The FDIC may not have the legal ability to block the acquisition of banks by Wal-Mart and Blackstone (Alliance).  This could open the flood gates for other deals as well....

This is really only the first round in Citi's restructuring.

Major slowdown in some countries. Could cause a major contagion in major trading partners of USA in particular, where recession will hit hardest. Everyone should have plans in place to weather a recession, and take advantage of opportunities, both before, during, and after.

Many of the larger financial services firms have been hurt by the subprime mortgage downturn, with most of the damage resulteding from the loss of confidence in the credit markets for MBS, CDOs and other instruments that would be tainted by subprime collateral.  However, the industry is also heavily...

While Computershare's recent action to acquire control of the German bank VEM Aktienbank is a sound move to improve client access to European markets, we await a more significant development in the United States. In the U.S. DTCC, nominee names account for over 80% of all stock holdings. ...

China restrict capital outflow to Hong Kong share market recently but the banking system had absorbed the overflow funds, as Chinese's banks facing many obstacles to invest abroad , now they plan to acquire Standard Chartered Bank.

1.On the Indian sub-continent affluence and poverty have co-existed for centuries. 2.To drive economic development, incentives need to be provided to people capable of delivery.