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Cory’s Chart Corner
Wow...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 @DiMartinoBoothDanielle DiMartino Booth @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.
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Monthly Archives: June 2014
Margin tide receding once more
In the spring of 2011, global growth began weakening from the cyclical recovery that had begun in early 2009, and stock and commodity markets turned lower once more. All over the world, Central Banks responded with trillions of monetary injections … Continue reading
Senate hearings this morning on high speed scamming
The Senate hearing into HFT this morning is long overdue and hopefully will reveal how widespread, indefensible and outrageous these practices have become. Carl Levin’s opening comments are off to a good start… You can see a video of testimony … Continue reading
New study confirms: insider trading common and largely unprosecuted
No surprise here. A detailed new study out of the Stern Business School and McGill University, examining hundreds of stock option transactions from 1996 through the end of 2012 finds that 25% of all public deals may involve some kind … Continue reading