R. Christopher Whalen1 day ago5 minThen Old Media Became RedunzlWhen will Disney decide to sell some or all of its streaming operations to keep the lights on at its theme parks?
R. Christopher Whalen3 days ago3 minWGA Bank Top 100 Index | Q2 2024Our Bank Top 10 and Top 25 indices continue to outperform the industry benchmarks, but the broader samples show growing financial stress
R. Christopher WhalenApr 247 minThe Death of Leverage; What's the WAC of Bank America?The yield on BAC's $320 billion commercial and industrial (C&I) book was just 5.4% or more than 150bp below peer at year-end 2023.
R. Christopher WhalenApr 217 minTCBI v Ginnie Mae Goes to Trial | Outlook for Commercial & Residential Mortgage FinanceMcCargo's actions and the fact that the case has not been dismissed in its entirety is very unhelpful given current market conditions.
R. Christopher WhalenApr 176 minUpdate: Bank of America & Charles Schwab BAC is in big trouble, not due to credit but because of sub-par asset returns. BAC’s return on assets has fallen to just 0.8% in Q1 2024