Fliujniligui

Big Surprise: Most Big Banks Lack Capital

I saw somewhere that this took June 2009 balance sheets. DB with its 1.3 billions Earning should have boosted its ratio near 7% now. And others have mostly earned cash during this time. I think what is to be done is to say Okay, old system do not work well. In 2015 you need more than 8% Tier 1 calculated upon new norms and reporting during 2009-2015 will include ratios on old and new system.

Best and Worst Foreign Bank Stocks YTD

Yea I own some TD. Got 2 dividends since beginning of the year and those are positive more than 10% for the year. Since I got in at 37 in average, this is up by more than 20%! AIB is a good one too, way undervalued with a market cap / equity of 0.1 and if you factor in stress test for 2009-2010, you have a market cap/equity of about 0.175.

Finding Relative Value in Financial Services

I like DB and I bottom fish it. They dodge the mess pretty well, have good capital and even lead the efforts to avert the crisis.