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Bond Portfolio Trends: Fourth Quarter 2022

South State Correspondent

Beginning in May 2012, we started tracking portfolio trends of our bond accounting customers here at SouthState|DuncanWilliams. tax-free, 6.5% tax-free, 6.5% The graph below tracks average portfolio tax-equivalent book yield, duration, and unrealized gain/(loss) as a percent of book value. taxable) to 19.6% (13.1%

Trends 195
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Examining Bond Portfolio Trends: Second Quarter 2022

South State Correspondent

Beginning in May 2012, we started tracking portfolio trends of our bond accounting customers here at the Correspondent Division of SouthState Bank. tax-free, 4.7% tax-free, 6.0% The graph below tracks average portfolio tax-equivalent book yield, duration, and unrealized gain/(loss) as a percent of book value.

Trends 195
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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. more “promises,” and a constant flow of new money into the markets. per gallon price level rather than the $4.00

Taxes 68
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Indictment Names Major Banks In Cum-Ex Case

PYMNTS

A German investigation of Cum-Ex tax deals involves as much as 447.5 Cum-Ex deals, which are no longer allowed, involved taking advantage of a German practice on tax refunds for dividends. When they were in use, an entity paying dividends withheld the tax automatically, but the payment was certified by the shareholder’s bank.

Taxes 108
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CMA Chair Says Regulation On Big Digital Mergers Has Been Lax

PYMNTS

Andrew Tyrie, chairman of the Competition and Markets Authority (CMA), a competition regulator in the U.K., He spoke at a CMA conference on Tuesday (March) and said there had “probably been underenforcement of merger control in digital markets.” Facebook acquired Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014.

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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. After two of the country’s biggest booksellers — Saraiva Livreiros SA and Livraria Cultura — filed for bankruptcy protection last year, Magazine Luiza saw room in the market.

Retail 108
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Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance

PYMNTS

Samir Assaf, HSBC head of global banking and markets, shared the news with other seniors bankers on Tuesday (Nov. HSBC posted an 18 percent loss in pre-tax profits for the third quarter of 2019 compared to the same period last year, reports said. billion in pre-tax profits, below analyst expectations, with revenue at $13.36