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The European banking system is flat-lining

Chris Skinner

By 2007, bank assets in many developed countries had reached in excess of 100 per cent of gross domestic product (“GDP”). In 2007, bank assets in the US were around 78 per cent of GDP. In the lead up to 2008, parallel to increasing debt levels, the size of banks rose sharply, especially relative to the size of certain economies.

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EU Sets Priorities For Anti-Money Laundering Reforms

PYMNTS

The European Council called for enhancements to AML rules and for the legislation to become national law. Last year it was brought to light that €200 billion ($220 billion) in suspicious payments were made through Danske Bank’s Estonian branch from 2007 to 2015 in the EU’s largest money-laundering scandal to date.

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CRE Credit Risk – What You Need To Know Now

South State Correspondent

CRE Risk Circa 2008 If all this feels too familiar, these are the same conditions that were present in late 2007 when the Fed raised overnight rates from 1.00% to 5.25%, and many financial institutions had a negative market-to-market on their assets. At the start of the year, pricing reverted to its mean of around 247.

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How to develop a sound MBL strategy

Abrigo

Credit unions have seen an unprecedented uptick in business-related loans in recent years, according to the Credit Union National Association’s (CUNA) U.S. From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04 Evaluate the level of capital needed. Credit Union Profile. billion to $43.16

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. That 9% does not include specialty consumer banks or fintech companies. How to Apply to Your Bank.

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Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in equity capital since its founding in 2011. billion in equity capital, with a market capitalization close to book value. By comparison, over 100 year old and $7.7 We don't know.

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Banking's Total Return Top 5

Jeff For Banks

capital appreciation and dividends. Access National Corporation New to the august list is Access National, whose mission is to provide credit, treasury management and private banking services to emerging businesses with revenues of up to $100 million. Texas Capital Bancshares, Inc. Well done! #3. Coincidence? You decide.

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