FT Alphaville » Capital http://ftalphaville.ft.com FT Alphaville - Market Commentary - FT.com Wed, 22 May 2013 07:24:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 The small job creators versus the big non-creators http://ftalphaville.ft.com/2013/01/14/1312912/the-small-job-creators-versus-the-big-non-creators/ http://ftalphaville.ft.com/2013/01/14/1312912/the-small-job-creators-versus-the-big-non-creators/#comments Mon, 14 Jan 2013 18:00:43 +0000 Kate Mackenzie http://ftalphaville.ft.com/?p=1312912 What’s to blame for the sluggish pace of jobs growth in the US economic recovery?

Citi economists Nathan Sheets and Robert Sockin have found evidence that the woes of small businesses might have something to do with it.

Continue reading: The small job creators versus the big non-creators]]> http://ftalphaville.ft.com/2013/01/14/1312912/the-small-job-creators-versus-the-big-non-creators/feed/ 0 On diminishing capital intensity http://ftalphaville.ft.com/2013/01/10/1330753/on-diminishing-capital-intensity/ http://ftalphaville.ft.com/2013/01/10/1330753/on-diminishing-capital-intensity/#comments Thu, 10 Jan 2013 13:22:00 +0000 Izabella Kaminska http://ftalphaville.ft.com/?p=1330753 An interesting debate is popping up regarding the topic of capital expenditure.

Take the latest from Societe Generale’s Andrew Lapthorne and team. They argued on Thursday that the commonly held belief that companies’ capital investing ratios have been falling, whilst hoarded cash pools have been going up, is inaccurate.

Continue reading: On diminishing capital intensity]]> http://ftalphaville.ft.com/2013/01/10/1330753/on-diminishing-capital-intensity/feed/ 0 The FT Alphaville podcast, with Dylan Grice http://ftalphaville.ft.com/2012/12/21/1316392/the-ft-alphaville-podcast-with-dylan-grice/ http://ftalphaville.ft.com/2012/12/21/1316392/the-ft-alphaville-podcast-with-dylan-grice/#comments Fri, 21 Dec 2012 12:26:37 +0000 FT Alphaville http://ftalphaville.ft.com/?p=1316392 Welcome to FT Alphaville’s extraordinarily infrequent podcast… (click through for the podcast link).
Continue reading: The FT Alphaville podcast, with Dylan Grice]]> http://ftalphaville.ft.com/2012/12/21/1316392/the-ft-alphaville-podcast-with-dylan-grice/feed/ 0 The decline or the redefinition of labour? http://ftalphaville.ft.com/2012/09/26/1179371/the-decline-or-the-redefinition-of-labour/ http://ftalphaville.ft.com/2012/09/26/1179371/the-decline-or-the-redefinition-of-labour/#comments Wed, 26 Sep 2012 14:22:51 +0000 Izabella Kaminska http://ftalphaville.ft.com/blog/?p=1179371 Felix Salmon at Reuters has picked up on the following chart from Margaret Jacobson and Filippo Ochhino at the Cleveland Fed:

Continue reading: The decline or the redefinition of labour?]]> http://ftalphaville.ft.com/2012/09/26/1179371/the-decline-or-the-redefinition-of-labour/feed/ 0 The EBA 9% rule and the Eurozone crisis http://ftalphaville.ft.com/2012/01/19/841061/the-eba-9-rule-and-the-eurozone-crisis/ http://ftalphaville.ft.com/2012/01/19/841061/the-eba-9-rule-and-the-eurozone-crisis/#comments Thu, 19 Jan 2012 14:21:44 +0000 Izabella Kaminska http://ftalphaville.ft.com/blog/?p=841061 Back in October 2011, James Ferguson, banking analyst at Arbuthnot Securities, warned that the EBA’s tough new capital rules could be about to make the eurozone crisis a whole lot worse because the absence of fresh capital meant banks would have no other choice but to contract their assets.

Or as he wrote:

Continue reading: The EBA 9% rule and the Eurozone crisis]]> http://ftalphaville.ft.com/2012/01/19/841061/the-eba-9-rule-and-the-eurozone-crisis/feed/ 0 The world’s strongest bank is… http://ftalphaville.ft.com/2011/05/09/563816/the-worlds-strongest-bank-is/ http://ftalphaville.ft.com/2011/05/09/563816/the-worlds-strongest-bank-is/#comments Mon, 09 May 2011 21:05:48 +0000 John McDermott http://ftalphaville.ft.com/blog/?p=563816 … Singapore’s Oversea-Chinese Banking, according to analysis published by Bloomberg Markets magazine on Monday:

Continue reading: The world’s strongest bank is…]]> http://ftalphaville.ft.com/2011/05/09/563816/the-worlds-strongest-bank-is/feed/ 0 BoI refuses to go quietly http://ftalphaville.ft.com/2011/02/08/482401/boi-refuses-to-go-quietly/ http://ftalphaville.ft.com/2011/02/08/482401/boi-refuses-to-go-quietly/#comments Tue, 08 Feb 2011 16:48:08 +0000 Neil Hume http://ftalphaville.ft.com/blog/?p=482401 Bank of Ireland won’t bow to the inevitable.

Monday after (stock) market hours statement:

Continue reading: BoI refuses to go quietly]]> http://ftalphaville.ft.com/2011/02/08/482401/boi-refuses-to-go-quietly/feed/ 0 The ECB’s technical insolvency http://ftalphaville.ft.com/2010/12/14/436021/the-ecbs-technical-insolvency/ http://ftalphaville.ft.com/2010/12/14/436021/the-ecbs-technical-insolvency/#comments Tue, 14 Dec 2010 10:40:36 +0000 Tracy Alloway http://ftalphaville.ft.com/blog/?p=436021 €60bn worth of covered bonds + €70bn of government bonds = €130bn of potential problem assets on the European Central Bank’s balance sheet.

A 1 per cent interest rate increase at a 3 per cent coupon with an average of seven years maturity makes just under a 5.32 per cent loss rate — which is quite a rough (but conservative) estimate by German financial consultant Achim Dübel.

Continue reading: The ECB’s technical insolvency]]> http://ftalphaville.ft.com/2010/12/14/436021/the-ecbs-technical-insolvency/feed/ 0 Arbitrasel and the deployment of capital http://ftalphaville.ft.com/2010/12/13/435091/arbitrasel-and-the-deployment-of-capital/ http://ftalphaville.ft.com/2010/12/13/435091/arbitrasel-and-the-deployment-of-capital/#comments Mon, 13 Dec 2010 21:05:25 +0000 Cardiff Garcia http://ftalphaville.ft.com/blog/?p=435091 Don’t be too comforted by this chart of US banking industry capital from broker-dealer Keefe, Bruyette & Woods:

Continue reading: Arbitrasel and the deployment of capital]]> http://ftalphaville.ft.com/2010/12/13/435091/arbitrasel-and-the-deployment-of-capital/feed/ 0 Short term capital management http://ftalphaville.ft.com/2010/09/13/341226/short-term-capital-management/ http://ftalphaville.ft.com/2010/09/13/341226/short-term-capital-management/#comments Mon, 13 Sep 2010 10:00:56 +0000 Neil Hume http://ftalphaville.ft.com/blog/?p=341226 From Morgan Stanley’s global banking analysts on Monday morning.

A big positive for US and other strongly capitalized banks and suggests buybacks could be larger and occur sooner than currently expected. Basel 3 capital requirements are in-line with recently lowered expectations and pave the way for capital management in 2011.

Continue reading: Short term capital management]]> http://ftalphaville.ft.com/2010/09/13/341226/short-term-capital-management/feed/ 0