The Institutional Risk Analyst

We think that a strong case can be made that to enhance shareholder value, Moynihan and the BAC board ought to spin-off Merrill Lynch...

New issue volumes in all of the major securities asset classes other than Treasury debt are trending lower as 2021 begins....

The prospective ejection of the GSEs, Fannie Mae and Freddie Mac, from government control seems finally to be dead for the next four years.

There is no actual disclosure from PSFI as to exactly how much of the firm’s default advances are being financed with bondholder funds

Because of forward liquidity and credit concerns, the window for IMBs to tap the public equity markets appears to have closed for now

In this edition of The Institutional Risk Analyst, we assign a neutral risk rating to Wells Fargo & Co, the fourth largest US bank

There is a reason why the smart money on Wall Street is creating new strategies focused on non-performing loans...

Don’t get distracted by the rising rate song from the Street. We don’t look for short or medium term interest rates to rise in the near term

This week we make the bear case for the housing sector as several more large mortgage issuers announce IPOs....