Magic Markets Ep22: Banks – Boom or Bust?
- Magic Markets, Podcasts
Banking, Capitec, Credit Suisse, FirstRand, FNB, Goldman Sachs, Investment banking, JP Morgan, Morgan Stanley, Nedbank, Standard Bank
- April 22, 2021
In Episode 22 of the popular Magic Markets podcast, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows) look back fondly on their days in banking and investment banking in particular. After a year of volatile markets with high trading volumes, investment banks are posting terrific financial results. Well, those who have avoided crises like Greensill and Archegos at least. Banking …
Banking: a sunset industry?
- South Africa
Absa, Bank, FNB, Investec, Investment bank, Nedbank, RMB, Standard Bank, Technology, Vodacom
- August 25, 2020
This may sound like I’m about to wax lyrical about Bitcoin. Trust me, that’s the last thing you’ll ever read about from me. I write about real assets i.e. the kind that generate cash flows. There was a time when the smartest kids at university fought over jobs at banks. Investment banking careers, like corporate advisory or proprietary trading, were …
Bank earnings collapse under economic fallout
I am almost tired of writing about how Capitec’s valuation cannot be justified. Almost. Trading at a Price / Book value way above its peers, Capitec’s top management continue to shrug off the realities of lockdown. Shareholders are reassured that everything will be ok and that Capitec will still show a profit this year. Will that be the case? Latest …