article thumbnail

Should You Be Marking Loans To Market?

South State Correspondent

The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.” In this article, we explore what signals marking your loans to market might send. It was back in August of 2007 when credit spreads started to widen. A Short History of Asset Marks.

Marketing 195
article thumbnail

Markets Still Adjusting to Jackson Hole

South State Correspondent

Markets Still Adjusting to Jackson Hole. That’s the highest 2yr yield since 2007 and reflects the market’s appreciation of the higher-for-longer message that Fed Chair Powell left with investors. That is largely in line with market expectations. The market is leaning in the direction of a 75bps hike. in July). .

Marketing 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Report: Quants restrategise after markets plummet

Bobsguide

Many notable quants – Millennium, DE Shaw, Two Sigma – suffered losses at the end of March, leading some commentators to question if another “quant quake” like that seen in 2007 could be on the horizon. Things have been looking.

Report 139
article thumbnail

Four Reasons for the 2007-08 Financial Crisis

Jeff For Banks

A recent Bank Think post by ConnectOne Bank CEO Frank Sorrentino regarding restoring Glass-Steagall got me thinking about how far the debate has drifted from the root causes of the 2007-08 financial crisis. In 2007, that number climbed to 127%. Mortgage-Backed Securities (MBS) almost tripled between 1996 and 2007, to $7.3

article thumbnail

Did you realise it’s only 10 years since the iPhone was released?

Chris Skinner

Steve Jobs unveiled the new phone on January 9th, 2007. The first iPhones were made available to the grubby hands of the public on June 29th, 2007, exactly ten years ago today. This was originally just for American consumers with the UK, France, and Germany following in November 2007, and Ireland and Austria in the spring of 2008.

Apple 211
article thumbnail

Apple Surpasses $1 Trillion In Market Cap

PYMNTS

to have a market capitalization of more than $1 trillion, hitting that milestone earlier on Thursday (Aug. In early-morning trading on Thursday, Apple hit the $1 trillion in market cap when shares passed $207.05. Apple may not stay at the $1 trillion mark for long, as the stock market and the stock itself has been volatile.

Apple 101
article thumbnail

IMF: Banks Could Encounter Market, Credit Losses As COVID-19 Surfaces ‘Cracks’ In The Financial System

PYMNTS

The International Monetary Fund (IMF) cautioned that COVID-19 has made “cracks” in the worldwide financial system known and “will likely” have financial institutions encounter market and credit losses that will put their reserves to the test. out of work and may bring about the most severe economic downturn as of the Great Depression.

System 150