Banking News – Spanish terrible debt comes excellent for US private equity
 TPG, Apollo, Blackstone and Cerberus emerge as leading players in local real estate loans
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/657504de-28d1-11e7-bc4b-5528796fe35c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
Month: April 2017
Spanish bad debt comes good for US private equity
Banking News – Spanish terrible debt comes excellent for US private equity
 TPG, Apollo, Blackstone and Cerberus emerge as leading players in local real estate loans
FT.com – Banks – https://www.ft.com/content/657504de-28d1-11e7-bc4b-5528796fe35c
Interest-free credit cards a ‘ticking time bomb’, bankers fear
Banking News – Appeal-free credit cards a ‘ticking time bomb’, bankers dread
 Warning to lenders about overstating profits in 0% balance conveying deals
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/a7df4432-2daa-11e7-9555-23ef563ecf9a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
Interest-free credit cards a ‘ticking time bomb’, bankers fear
Banking News – Appeal-free credit cards a ‘ticking time bomb’, bankers dread
 Warning to lenders about overstating profits in 0% balance conveying deals
FT.com – Banks – https://www.ft.com/content/a7df4432-2daa-11e7-9555-23ef563ecf9a
Airships and mums join LSE’s hothouse
Banking News – Airships and mums join LSE’s conservatory
 Elite programme’s latest recruits include Mumsnet and Hyrbrid Air Vehicles
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/c8a225ec-2b50-11e7-9ec8-168383da43b7.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
FCA appoints criminal trials veteran as legal chief
Banking News – FCA appoints criminal trials veteran as legal chief
 Vincent Coughlin’s hiring comes as City overseer increases insider-trading probes
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/cb9da814-2b66-11e7-bc4b-5528796fe35c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
US credit card stocks sink to fresh lows
Banking News – US credit card stocks sink to fresh lows
 Providers earmark $1bn more for terrible loans as clients struggle to pay off debts
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/10c2691c-2c60-11e7-9ec8-168383da43b7.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
European fund flows surge €210bn in Q1
Banking News – European fund flows surge €210bn in Q1
 Highest weekly inflows in five years, benefiting equity, bond and uncommon funds
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/0068aaec-2c0e-11e7-9ec8-168383da43b7.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
Fund managers disappoint over female hiring
Banking News – Fund managers disappoint over female hiring
 Most investment companies have no aim of introducing gender-related recruitment
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/52491be8-2c00-11e7-bc4b-5528796fe35c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
Neil Woodford loses glow as fund performance stutters
Banking News – Neil Woodford loses glow as fund routine stutters
 UK fund manager’s setbacks fuel questions ability to pick winning stocks
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/d3793830-29ba-11e7-9ec8-168383da43b7.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
First NBC fails in costliest collapse since 2010
Banking News – First NBC fails in costliest end since 2010
 State regulators shuttered $4.7 billion-asset First NBC Bank of New Orleans in what is probable to be the costliest failure since the tail end of the fiscal crisis.
Union Banking – http://www.americanbanker.com/news/first-nbc-fails-in-costliest-end-since-2010
First NBC fails in costliest collapse since 2010
Banking News – First NBC fails in costliest end since 2010
 State regulators shuttered $4.7 billion-asset First NBC Bank of New Orleans in what is probable to be the costliest failure since the tail end of the fiscal crisis.
Union Banking – http://www.americanbanker.com/news/first-nbc-fails-in-costliest-end-since-2010
First NBC fails in costliest collapse since 2010
Banking News – First NBC fails in costliest end since 2010
 State regulators shuttered $4.7 billion-asset First NBC Bank of New Orleans in what is probable to be the costliest failure since the tail end of the fiscal crisis.
Union Banking – http://www.americanbanker.com/news/first-nbc-fails-in-costliest-end-since-2010
Behind the ouster of a community banking icon
Banking News – Behind the ouster of a union banking icon
 Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.
Union Banking – http://www.americanbanker.com/news/behind-the-ouster-of-a-union-banking-icon
Behind the ouster of a community banking icon
Banking News – Behind the ouster of a union banking icon
 Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.
Union Banking – http://www.americanbanker.com/news/behind-the-ouster-of-a-union-banking-icon
Behind the ouster of a community banking icon
Banking News – Behind the ouster of a union banking icon
 Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.
Union Banking – http://www.americanbanker.com/news/behind-the-ouster-of-a-union-banking-icon
Payday lenders push for even friendlier rules in Oklahoma
Banking News – Payday lenders push for even friendlier rules in Oklahoma
 An diligence-backed bill that is headed to the desk of Gov. Mary Fallin is seen by critics as an effort to lessen the impact of a the makings CFPB clearout.
Union Banking – http://www.americanbanker.com/news/payday-lenders-push-for-even-friendlier-rules-in-oklahoma
Payday lenders push for even friendlier rules in Oklahoma
Banking News – Payday lenders push for even friendlier rules in Oklahoma
 An diligence-backed bill that is headed to the desk of Gov. Mary Fallin is seen by critics as an effort to lessen the impact of a the makings CFPB clearout.
Union Banking – http://www.americanbanker.com/news/payday-lenders-push-for-even-friendlier-rules-in-oklahoma
New small-business credit score is byproduct of federal rule
Banking News – New small-affair credit score is spin-off of federal rule
 The beneficial ownership parameter, meant to catch fiscal criminals, has bent data that is useful in making small-affair loans, LexisNexis Risk Solutions says.
Union Banking – http://www.americanbanker.com/news/new-small-affair-credit-score-is-by-product-of-federal-rule
More questions than answers in banks’ 1Q results
Banking News – More questions than answers in banks’ 1Q results
 Loan demand disappointed as confidence for fiscal growth under Head Trump gave way to uncertainty over the prospects for dictatorial relief and tax reform. Credit quality held up, but the retail and health care sectors have become the makings distress spots. Here’s a recap drawn from banks’ weekly return calls.
Union Banking – http://www.americanbanker.com/slideshow/more-questions-than-answers-in-banks-1q-results