Remove Benchmarking Remove Profit and Loss Remove Restructuring
article thumbnail

World’s Best Banks 2024—Asia-Pacific

Global Finance

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 of E.Sun’s overall profit.

Banking 52
article thumbnail

Transcript: Brian Higgins, King Street

Barry Ritholtz

Their benchmarks were down. I had no money back in 87, but certainly, you know, some of the managing directors and other people that had some money, they, they made quite a, quite a bit of of profits on, on some of the left for dead Microsoft and others that were just, you know, sold to very low levels as 00:06:28 [Speaker Changed] Opposed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Central Banker Report Cards 2024: Africa And The Middle East

Global Finance

The CBB cut its one-week deposit rate to 5.75% in September after the Fed reduced its benchmark rate, and the overnight deposit rate to 5.5%. In June, it left the benchmark policy rate unchanged at 5% for the fifth time in a row, forecasting that inflation across the region will dip to a still high 3.9% in the first quarter.

article thumbnail

Transcript: Gary Cohn

Barry Ritholtz

So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. At the time, the Mexican, after the Mexican restructuring, they had, they had Mexican bonds with an oil option embedded in them. He knows how to manage risk, and he knows how to trade for a profit for a p and l. Made sense.

Marketing 111