The tightened lending standards stem from an increase in funding costs and the increase in the loan-to-value ratios that we’ve seen across the nation. … READ MORE >
Financial services
Key trends from Q1 2024 asset management earnings calls
A competitive fundraising environment, shifting retirement income needs, continued private credit demand and economic headwinds are continuing to shape the landscape for asset managers. … READ MORE >
One year later: 5 areas of regulatory focus since 2023 bank failures
In the aftermath of the liquidity-related bank failures in March 2023, regulatory agencies and leaders have released numerous statements, including reviews of the failures, updates on supervisory expectations and calls for additional regulation. … READ MORE >
Asset management trends: Key takeaways from third-quarter earnings calls
Asset management firm executives highlighted opportunities in the insurance space, discussed the continued demand for private credit and reiterated the importance of operational excellence. … READ MORE >
Credit sentiment improves in Q3, signaling the worst might be over
No surprise came from the third-quarter Senior Loan Officer Opinion Survey on Monday as most major indicators pointed to improvement in lending sentiment. The improvement was likely a direct result of the Federal Reserve’s rate pause in September as the central bank began to rebalance its policy to a less hawkish stance. … READ MORE >
SEC expands regulation of private fund advisers
These rules will require registered advisers to private funds to provide quarterly statements to investors, obtain annual audits for the private funds they advise, and obtain either a fairness opinion or valuation opinion in connection with any adviser-led secondary transaction. … READ MORE >
Financial services update: FedNow, banking results, reinsurance disruption
In the latest installment of our monthly financial services update, we take a look at the upcoming launch of the Fed’s instant payment system, banking results for the first quarter and disruption in reinsurance. … READ MORE >
Bank deposit carousel continues as investors search for yield
The large gap between money market funds and bank deposit rates as well as what the banks themselves can obtain risk free at the Fed’s repo facility implies that cash will continue to move into the short end of the curve. … READ MORE >
Financial services update: Q4 banking, AI-powered funds, regulatory proposals
In the latest installment of our monthly financial services update, we take a look at banking results from the fourth quarter of 2022, artificial intelligence-powered funds, and two regulatory proposals. … READ MORE >
4 areas of focus for financial institutions in early 2023
Despite the lift in financial institutions’ net interest margins from unprecedented rate hikes, the headwinds facing the industry through declining macroeconomic conditions are creating unique downside risks for the nation’s banking system.
Still, the strong capital positions of the nation’s banks have positioned them to weather such headwinds if they prioritize accordingly. Here are four areas to pay attention to as the year progresses. … READ MORE >