
from
CreditSights19402 word report
published Jan 08, 2008
Price
$150.00 available for immediate download

Report Overview
Search Inside
Abstract: We review the fundamental drivers of bank performance for 2008. Headwinds abound, but overall we expect banks to remain at least nominally profitable. Capital stance to be more conservative.
Brief Excerpt: U.S. Financials 2008 Outlook: Part III - Dirty, Sexy, Money We review fundamental drivers of bank performance for 2008 Focus is on credit quality, with more deterioration expected across the board Housing related lending most vulnerable,...
Report Type: Sector Outlook
Source: CreditSights Inc
Free Sample: Click
Here to Download
Also from CreditSights
- Exchange Offer Autopsies & Other Debt Defying Acts $150.00
We review announced exchange offers for junior capital securities among U.S. banks. Bank of America, Fifth Third, KeyCorp and SunTrust to pursue exchange/tender offers.
- Credit Card Reform: Impact on U.S. Banks $150.00
We review the credit card reform legislation likely to be signed by the President in the next few days. Major impact is for monoline issuers, while for big banks the impact should be more manageable.
- Bank of America 1Q09 Tearsheet $150.00
- U.S. Banks: Stress Test Countdown, T-1 Day on BofA $150.00
Today's update on the stress test includes estimated $35 billion capital shortfall at Bank of America. We review potential options for the company. Non-cumulative preferreds (~$33B), possible asset sales should be able to bridge shortfall.
- U.S. Banks: Stress Test Countdown, Afternoon Alert $150.00
Today's afternoon update on the stress test results
- U.S. Banks: Stress Test Countdown $150.00
We review the latest news and developments on the bank stress tests. Media reports indicate that C, BAC, WFC & PNC among banks that may require additional capital; in-line with our stress test results. We analyze capital options for C & BAC
- US Bank Stress Tests: Regulators UnCap SCAP $150.00
Fed white papers SCAP, its stress test's design/implementation format.Fed's base-line assessment seems too soft, while its severe in-line with our conservative case.Our severe case may be more in the picture with heavy cap structure effect
- BofA: 1Q09 Beats, Windfall Revenues Offset Credit $150.00
BofA beat consensus by a wide margin, bouncing back to a net profit helped by above-trend trading results and other gains. Credit quality still a key headwind. TCE back above 3%.
CreditSightsCreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.