Limited Iranian Response Has Markets Breathing a Sigh of Relief
The early reports of a retaliatory missile strike by Iran on Iraqi military bases housing U.S. troops last night initially sent yields lower as thoughts of a widening crisis erupted. Initially, the 10-year Treasury rallied 12bps hitting a low of 1.70%, the lowest since early November. However, when reports started filtering out that no U.S….
5 Trends Bankers Need To Know From The Fed’s New Payment Study
Last month, the Federal Reserve released its 7th, tri-annual U.S. payments study, and, as usual, it had some eye-opening trends that all banks need to consider for their long-term strategic planning. For example, while consumers have always said they preferred debit cards over cash, last year was the first year in US history where consumers…
Your Bank Probably Has Loan Size and Risk Wrong
If you are like most banks you have your credit approval and risk process based around loan size. The assumption is that the larger the loan the more risk the bank is taking on so a greater level of risk review is needed. But, suppose the data didn’t bear that assumption out? If that assumption…
Geopolitical Tensions Greet New Year
Geopolitical Tensions Greet New Year The U.S. killing of a top Iranian general in Baghdad last Friday and the threat of Iranian retaliation is likely to overhang the market this week. There are dozens of U.S. military installations and other assets in Iraq and surrounding areas that could be at risk of reprisal. If that…