Wells Fargo has "been making new loans for the past three years under the Fed asset cap and they’ve had to dance around a little bit to manage the balance…
For some, the thinking is “it’s ‘better safe than sorry,” said Jesse Rosenthal, an analyst at CreditSights Inc. “They might believe with all their hearts that the bank has all…
Jason Tan, research analyst for Chinese financials at CreditSights, discusses the health of the country’s banking industry amid the coronavirus outbreak. He speaks with Yvonne Man and Haslinda Amin on…
The iShares Muni ETF looks more liquid than muni bonds, however. And that means the broader market probably has farther to fall. Earlier this week Bloomberg’s platform had a record…
According to Patrick Luby of CreditSights: “The latest data on the flow of funds shows non-US ownership of munis at $103.3bn, which is less than 2 per cent of the market….
Service Properties Trust (SVC): This real-estate investment trust used to be called Hospitality Properties Trust, if that provides any clue for why the company is selling off. It has been diversifying…
Stanford’s postponed issuances include about $420 million tax-exempt debt and about $520 million in taxable debt, said Howard Sitzer, senior municipals analyst with CreditSights. Stanford did not return a request…
“Municipal bonds are supposed to be the safe asset,” said Patrick Luby, who tracks the market for CreditSights Inc. “You see this volatility, you see these losses, it can be very upsetting…
It also worries analysts like Mary Pollock of CreditSights that Son “continues to put SoftBank equity over creditors, without so much as a nod to risk management.”