by Vy Phan | Apr 30, 2017 | Blog
Earnings season continued this week with reporting from card issuers that focus on mass-market credit products including Capital One, Synchrony Financial, and Discover. We see a bifurcation in credit performance trends between mass affluent credit card issuers, and...
by Vy Phan | Apr 17, 2017 | Blog
The US Fed released their quarterly report covering “Quarterly Trends for Consolidated U.S. Banking Organizations”. The report shows that the ROE for the banking sector remains mired in the 7 to 9% range, below pre-crisis levels and the theoretical cost-of-capital for...
by Vy Phan | Mar 6, 2017 | Blog
The SFIG Vegas conference set an attendance record this year, mirroring improved investor sentiment amidst an improving economic backdrop. Several participants drew comparisons to the 2004 environment which also featured a rising rate environment, deregulatory agenda,...
by Vy Phan | Jan 17, 2017 | Blog
Growth and inflation risks peppered the headlines this week as the Nasdaq and other equity indices set record highs. The IMF raised the US growth outlook for the US by 50 bps. FinTech is also off to a strong start. This week alone, Funding Circle successfully...
by Vy Phan | Dec 4, 2016 | Blog
The marketplace lending ecosystem experienced seminal developments this past week.On the regulatory front, the OCC introduced a framework for granting national bank charters to FinTech lenders. In the ABS market, the first rated securitization of loans (Lending Club’s...
