Latest news with #megabanks
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Want to Know Where the Economy Is Headed? Look at These Banks
It's been a tale of two markets in U.S. banking of late: Some of the best of times for megabanks, and not-so-great times for smaller lenders. In the second quarter, the KBW Nasdaq Bank Index, which tracks the country's largest banks, was up 14%, beating the S&P 500 by about 3 percentage points. That was powered by some megabanks. Shares of Goldman Sachs GS -0.59%decrease; red down pointing triangle, for example, were up almost 30%.
Bloomberg
07-07-2025
- Business
- Bloomberg
Weaker Banks Won't Stabilize the Treasury Market
As Congress sheds what remains of its fiscal restraint, America's pile of government debt is growing bigger and more precarious by the day. Regulators suggest that freeing the largest banks to own and trade more Treasuries will supply some useful ballast. It's more likely to inject added risk into the financial system, at an already perilous moment. In the aftermath of the 2008 financial crisis, the biggest banks were required to fund at least 5% of their total holdings with equity instead of borrowed money. This so-called enhanced supplementary leverage ratio is meant to safeguard banks in case their other capital measures, which are calculated by estimating the riskiness of their assets, prove insufficient. The megabanks contend that the ratio has become too restrictive and impedes them from making markets in Treasuries during times of stress.
Bloomberg
30-05-2025
- Business
- Bloomberg
Japan's Hostile Takeover Boom Raises Risks for Megabanks
Hi, it's Taro Fuse in Tokyo, looking at how Japan's megabanks are responding to the rising level of hostile bids in the country. Also today, Ascension Health is nearing a $3.9 billion deal for surgery centers and the 49ers empire now includes Scotland. Today's top stories Japanese megabanks play a powerful role in the country's business landscape—forming deep roots with their corporate customers over the decades through lending relationships, advisory work and even owning stakes.
Bloomberg
21-05-2025
- Business
- Bloomberg
BOJ Hearings Underscore Divergent Opinions on Bond Tapering Pace
The Bank of Japan heard mixed views from market participants over two days on how quickly it should taper its bond buying, input that will help guide its quantitative tightening plans as signs of strain build in the bond market. A wide range of opinions had been expected from participants including megabanks, regional lenders, securities firms and life insurers ahead of the hearings. Those with larger government debt holdings, such as local banks and lifers, were seen as likely to favor a slower pace of reductions to ensure a smooth transition, with recent jumps in yields illustrating that the pulling back of central bank buying isn't without risk.
