Parsad Posted March 13, 2012 Share Posted March 13, 2012 According to breaking news on Bloomberg. Maybe Pandit should give some of his compensation back until they do pass! Cheers! Link to comment Share on other sites More sharing options...
Parsad Posted March 13, 2012 Author Share Posted March 13, 2012 Also according to breaking news on Bloomberg, Suntrust's capital plans failed the stress test. Moynihan is looking smarter and smarter for not asking for a return of capital. Cheers! Link to comment Share on other sites More sharing options...
ERICOPOLY Posted March 13, 2012 Share Posted March 13, 2012 1) regulators tell BAC last August that they are undercapitalized (presumably under the stress scenario) 2) BAC raises capital 3) ask for a return of capital? It doesn't fit the storyline if that rumor is indeed true about last summer. Link to comment Share on other sites More sharing options...
PlanMaestro Posted March 13, 2012 Share Posted March 13, 2012 All of them will pass eventually Parsad, all. Looking at the details of the stress and besides this being a doomsday scenario there is some weird stuff going on (consumer loans). Both Citi and Suntrust are more than OK. Link to comment Share on other sites More sharing options...
Uccmal Posted March 13, 2012 Share Posted March 13, 2012 Well C probably would pass if Pandit only took 3 million instead of 53 million, considering his "awards" come out of tier one. Link to comment Share on other sites More sharing options...
PlanMaestro Posted March 13, 2012 Share Posted March 13, 2012 Well C probably would pass if Pandit only took 3 million instead of 53 million, considering his "awards" come out of tier one. Or someone wanted to send a signal for his arrogance ... well deserved. Now, Dimon decided to jump start the Fed announcing the dividend increase. Is someone going to send him a signal too? JPM and WFC numbers were not much better than the rest. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted March 13, 2012 Share Posted March 13, 2012 page 31 shows Citi with very high loan loss rates at what looks to be about 11%, vs what is roughly 8% loss rate at BofA. Link to comment Share on other sites More sharing options...
txlaw Posted March 13, 2012 Share Posted March 13, 2012 Well C probably would pass if Pandit only took 3 million instead of 53 million, considering his "awards" come out of tier one. Or someone wanted to send a signal for his arrogance ... well deserved. Now, Dimon decided to jump start the Fed announcing the dividend increase. Is someone going to send him a signal too? JPM and WFC numbers were not much better than the rest. Unless I'm reading this wrong (and I haven't looked at the report in detail yet), of all the real commercial banks (not including AXP, COF, BK, etc.), WFC's numbers are actually at the top . . . after USB, FITB, and BBT, and tied with PNC. Only with proposed capital actions (i.e., buybacks and dividends) do the stressed ratios become comparable to the other guys. Link to comment Share on other sites More sharing options...
PlanMaestro Posted March 13, 2012 Share Posted March 13, 2012 Unless I'm reading this wrong (and I haven't looked at the report in detail yet), of all the real commercial banks (not including AXP, COF, BK, etc.), WFC's numbers are actually at the top . . . after USB, FITB, and BBT, and tied with PNC. Only with proposed capital actions (i.e., buybacks and dividends) do the stressed ratios become comparable to the other guys. You are referring to the capital ratios txlaw? That is a good point, I was looking more at the loan loss rates. The assumptions for capital numbers seem to be underestimating the PTPP potential of some institutions relative to JPM and WFC. Link to comment Share on other sites More sharing options...
txlaw Posted March 13, 2012 Share Posted March 13, 2012 Unless I'm reading this wrong (and I haven't looked at the report in detail yet), of all the real commercial banks (not including AXP, COF, BK, etc.), WFC's numbers are actually at the top . . . after USB, FITB, and BBT, and tied with PNC. Only with proposed capital actions (i.e., buybacks and dividends) do the stressed ratios become comparable to the other guys. You are referring to the capital ratios txlaw? That is a good point, I was looking more at the loan loss rates. The assumptions for capital numbers seem to be underestimating the PTPP potential of some institutions relative to JPM and WFC. Yeah, I was referring to the capital ratios assuming no capital actions going forward and then assuming capital actions. Haven't looked at PTPP or loss ratios yet. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now