Tag Archives: Stress Tests

Financial Daily Dose 6.24.2019 | Top Story: All Top US Banks Pass Fed’s Recent Stress Tests With Ease

BY: Michael D. Reif | June 24, 2019

Survived the road trip with flying colors, and now we’re back at it.  Let’s get caught up. Good news for the country’s biggest banks, as the Fed confirmed on Friday that all “could weather an extreme market shock—including double-digit unemployment and a 50% U.S. stocks decline—and still have enough capital to continue operating.” In other … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 29, 2018

The latest round of big bank stress tests are in, and the Fed has rejected the capital plan of Deutsche Bank and limited the payouts of Goldman Sachs and Morgan Stanley – MarketWatch and WSJ and NYTimes Amazon revealed yesterday that it will acquire PillPack, “an online pharmacy with a nationwide reach,” in a $1 … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 28, 2018

The DOJ has given Disney its official nod in its $71 billion bid for the entertainment assets of 21st Century Fox, contingent on Disney’s divestiture of Fox’s 22 regional sports networks (a condition all about Disney’s ESPN ownership) – NYTimes and WSJ and Bloomberg and Law360 Big bank stress test results drop today.  Here are … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | June 29, 2016

US stocks bounced back after 2 days of Brexit hangover, buoyed by encouraging economic news at home and a jump in US home prices – NYTimes and WSJ With the Great Recession as our go-to economic disaster reference point from now on, the Upshot asks whether the Brexit is another Lehman Brothers moment.  Economically, the … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | February 25, 2016

Japan’s Sharp Corp.—a 103-year-old company that’s progressed from mechanical pencils (“Ever-SHARP”) to calculators to LCD TVs—has surprised many by agreeing to a $6.24 billion takeover offer from Taiwan’s Foxconn (best known as Apple’s assembler), the “rare case of Japan Inc. relinquishing a venerated brand to a foreign buyer” – WSJ Now, in a twist, the … Continue reading