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Tag Archive: Bank


First time I heard about paraprosdokians, I liked them. Paraprosdokians are figures of speech in which the latter part of a sentence or phrase is surprising or unexpected and is frequently humorous. (Winston Churchill loved them).

  1. Where there’s a will, I want to be in it
  2. The last thing I want to do is hurt you … but it’s still on my list.

  3. Since light travels faster than sound, some people appear bright until you hear them speak.

  4. If I agreed with you, we’d both be wrong.

  5. We never really grow up — we only learn how to act in public.

  6. War does not determine who is right, only who is left.

  7. Knowledge is knowing a tomato is a fruit. Wisdom is not putting it in a fruit salad.

  8. To steal ideas from one person is plagiarism. To steal from many is research. Continue reading

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Retail investors are helping markets more by staying out than by investing in equities. So from a purely selfish point blogof view, we (current equity market participants) do not mind if you stay away from equities. Park your money in low-interest bearing savings accounts and this will help banks raise cheap funds.

Then, while you earn taxable 9% per year in fixed deposits and 4% in savings accounts, we will continue to buy HDFC Bank, IndusInd Bank, Yes Bank and the like, which are up 3.5 times, 11 times and 5.9 times respectively since December 2008.

Also, remember to pay all your EMI installments on time so that retail loans made by private banks do not get into trouble and we can continue do well owing their stocks. Continue reading

There are so many products in this global financial market that sometimes a financial advisor feel more like a bouncer thanblog anything else……..Sharing some of the pitches been made in the past and the on-going practices,

  • Oil and Gas Limited partnerships. (If you being cut in on them, the wells are dry.)
  • Principal protection funds. ( They are always come out after the market’s been killed and cap your upside on the recovery)
  • Insurance broker selling asset management. (Does your hair – dresser also repair the roof on your house?)
  • Stock broker selling guaranteed – return equity linked annuities. ( Yeah that’s end well) Continue reading

Investment Bankers Pitch

The weekend was adventurous for India; last night PM Mr Modi did the hard selling for India, obviously learning by itself for blogInvestment bankers. The pitch was very strong in the economic sense.

I was reading Traders Guns and money over the weekend and found some interesting jargon and pitches made by the Investment bankers.

Statement: As a Leading dealer with a global platform, we are the major player in the market.

Translation: We have spent a fortune to build this business and are now prepared to spend millions more subsidizing your requirements.

Statement: We have one of the most talented teams in this space.

Translation: Our staff are vastly overpaid and on huge guaranteed bonuses. Continue reading

Whenever the financial crisis happen the concept of bad banks becomes common. In 2009 during the sub-prime crisis so called blogLehman crisis the concept of bad banks was very famous.

As per the information from Bloomberg:

The Bank of Portugal unveiled a 4.9 billion-euro ($6.6 billion) bailout over the weekend that will leave shareholders and junior bondholders with losses, while sparing senior creditors and unsecured depositors. Banco Espirito Santo, once the country’s largest lender by market value, will be split in two, with depositors and healthy assets joining the newly formed Novo Bank while bad loans and junior creditors stay with the old bank until it can be shut down.

“To regulators in Frankfurt and Brussels, this must have seemed the safest way to isolate any residual and tail risks” related to the bank’s Angolan unit and loans to other parts of the Espirito Santo group, Citigroup Inc.
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