IF a severe recession hits, how would the US banks fare? Based on the stress testing of the 23 large US banks, they have enough capital...

While some banks are collapsing, other aspiring institutions are eager to become banks. Why? When the 2008 Great Financial Crisis hit,...

🇨🇦 Banks Q2 Reports Another quarter with a modest reserve increase. In Q2 (ending Apr), the collective reserves of the big 5 Canadian...

If Forbes were to create a list of "90 Above 90", Buffett and Munger would be on it unanimously. On May 7, the 92 and 99 years young duo...

Stayed calm - both the market and the public. The fall of First Republic Bank did not trigger the panic button as the previous bank...

🚨 With the banking crisis in March, What is the impact on US banks' upcoming credit loss? Based on the latest Q1 ‘23 reserve changes,...

The top 4 banks saw their collected mortgage origination down ~80% in Q1 vs. the average in the last 3 years. 📍 Fast interest rate hikes...

After the regional bank crisis in March, How is consumer deposit changing at the largest US banks? In Q1, the largest 4 US banks saw...

📱 A Missed Voicemail In September 2008, the then-president of Barclays, Bob Diamond, left a voicemail for Mr. Buffett, attempting to...

After the 2008 Great Financial Crisis, a friend in Asia asked me what made Canada largely stay out of trouble. One of my colleagues said...

The traditional full-service banking model has been challenged by many specialized operators. However, the current banking crisis...

The rescue of depositors in Silicon Valley Bank proves again the banking system is public assisted, privately operated. After all, banks...

The 3-year Pandemic Journey 🇨🇦 Bank Reserves Big 5 Canadian banks started the 1st quarter in fiscal year ‘23 with another allowance...

On Feb 10, the Fed released this year’s stress testing scenario. It is an annual exercise to gauge the largest US banks’ capabilities to...

Do you know who is enabling payments behind the coin purchase or virtual gift redemption on TikTok? Here is an unthinkable answer to...

The mortgage origination continued to collapse. The top 4 banks - JP Morgan Chase, Bank of America, Citi, and Wells Fargo - collected...

As many are surprised that Goldman Sachs lost $1B over its Apple card portfolio, some are not. Who are they? The new deal teams at the...

But it is not as bad as it sounds. The top 4 US banks accelerated their reserve building in Q4 ‘22: +$2.9B, or +4.4% Q/Q. This is the 3rd...

🇨🇦 Big 5 Banks wraps up fiscal year ‘22 With a meaningful allowance Increase. In Q4 (ending Oct), the collective reserves are up 5.9%...

Even it competes with its own credit card. An ACH payment based on open banking Reduces risk of stored banking account info. Chase sees...