Friday, April 19, 2024
Today I am talking with Laura Hamilton | OTC Markets Group. Laura is a Vice President at OTC Markets Group, where she focuses on new business development for community banks across the US. In this role, Laura manages the OTCQX Banks market, where she advises both private and public community banks on trading and liquidity […]
Citigroup (C) is the third-largest lender in the U.S. and the least-loved major bank by investors—and for good reason… The bank has been a chronic poor performer seemingly forever. Its low return on equity, poor stock market underperformance, and low valuation made the point for quite a while that Citigroup’s business model did not work […]
My talks with bankers and technology providers in Tampa last week emphasized how important deposits have become in the world of banking. Even the flashiest fintech companies were emphasizing how their products could help banks attract and retain deposits. There was a lot of talk about how the industry is changing. Banking is now a […]
I headed up to Tampa this week to spend some time at the Bank Director FinXTech conference. The conference brought together bankers and technology companies to talk about the future of banking. I also wanted to talk to bankers and get their take on the current situation in the industry and how they saw the […]
As bank stocks fall around us, it is important to remember that the perception of the market is often not reality. In this presentation from my recent MoneyShow appearance, I cover why the banking ‘crisis” is a buying opportunity of historic proportions. We are seeing high-quality banks with plenty of capital, strong balance sheets, and […]
Sitting down with Phil Timyan to talk about banks and bank stock is a rare treat. Phil Timyan has been on both sides of the table as a banker and investor. He has filed 13D on several banks and waged activist campaigns to improve bank operations and even the outright sale of under-performing banks. Phil […]
Cheryl Pate is one of the managers of the Angel Oak Financial Strategies Income Term Trust (FINS), one of the closed-end funds we own in my Underground Income Service. Normally we would not share this information with everyone, but after giving paid members a first look, we decided her message was too important not to […]
As promised, I want to look further into banks that have seen heavy buying by insiders recently. All because of the banking “crisis” that’s been all over the news lately. Now, look. This isn’t a real banking crisis. This is just the banking industry deciding to have a “crisis” thanks to some horrific decisions made […]
Welcome to the banking crisis that never needed to happen. After the two banks dealing with the cryptocurrency industry and Silicon Valley Bank collapsed due to two horrible decisions made by bank executives, this should have been over. Instead, all the Class of 2020 virologists and epidemiologists who had retired and became Artificial Intelligence experts […]
The slow, then sudden, collapse of Credit Suisse (CS) put a lot of large asset management company money at risk. But as an individual investor, you may think you’re not affected by the failure of a Swiss bank now being acquired by another Swiss bank. Unfortunately, a handful of popular investment products could go down […]
