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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Daily Archives: July 16, 2012
Political pressure from “Lie-bor” building
With criminal charges rumored to be pending in the Libor scandal, those of us who have watched bankers run wild the past few years will believe it when we see it. One can hope…Eurasia Group Comparative Analytics Director Dan Alamariu … Continue reading
Chinese stocks quietly slip back to Feb 2009 level
Amid the usual perma-bull prognostication, nonsense, fraud and rampant willful blindness in the investment community, Chinese stocks closed today at 2147, the lowest level since Feb 2009 and now a full 35% lower than the latest “recovery” peak at 3300 … Continue reading
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Libor scandal biggest yet
The LIBOR scandal that has engulfed London’s financial and political elites is entering its third week and picking up steam on this side of the Atlantic. Among the latest developments: The NY Times reports the Justice Department’s criminal division is … Continue reading
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