Finrestra
Finrestra
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Why euro banks are undervalued. 16 April 2023
In this episode, I tell you why higher interest rates will make 2023 the most profitable year ever for euro banks.
If you're listening to this in 2024, I predict on 16 April 2023 that:
1) some banks are trading at less than 4 times their 2023 profit
2) SocGen will make a profit in France (according to the country-by-country report)
3) Irish banks AIB and Bank of Ireland will double their annual profit (i.e. 2023 profit vs 2022 profit)
4) 2023 will be the most profitable year ever (measured in return on equity monitored by EBA)
Links discussed in this episode:
Euro area statistics: www.euro-area-statistics.org/
EBA risk dashboard: www.eba.europa.eu/risk-analysis-and-data/risk-dashboard
Переглядів: 157

Відео

Why Deutsche Bank is NOT the next Credit Suisse
Переглядів 243Рік тому
Unlike Credit Suisse, Deutsche Bank: - is profitable (highest profit since 2007) - has stable deposits - has performed better on the stock market over the last two years Video made on 26 March 2023, during the banking panic of Spring 2023 (after collapse of SVB and the sale of Credit Suisse).
Deutsche Bank in two minutes (2023 update!)
Переглядів 745Рік тому
Short profile of Deutsche Bank. The video covers the bank's business model, profitability and impact on climate change.
The crazy week in banking. 19 March 2023
Переглядів 60Рік тому
I discuss what's going on with the rescue of Credit Suisse. Also the situation in the US with SVB and First Republic Bank. Finally, some thoughts on euro area banks.
Credit Suisse and UBS compared
Переглядів 457Рік тому
During the weekend of 18-19 March 2023, UBS is preparing to take over Credit Suisse. This is a side-by-side overview of the two banks. Context: after a bank run on Silicon Valley Bank and the publication of Credit Suisse's annual report, investors and depositors fear that Credit Suisse cannot survive.
Are European banks in trouble? 15 March 2023
Переглядів 165Рік тому
European bank stocks dropped a lot on 15 March 2023, in the aftermath of the failure of Silicon Valley Bank (SVB). Credit Suisse is down 25%, other European banks are down more than 10%. Should you be worried? I explain why European banks don't have the same issues as SVB (more stable deposits, less bonds). However, the liquidity position of European banks has gone down a lot since September 20...
Top 50 European banks by market cap
Переглядів 462Рік тому
Top 50 European banks by market cap. Market cap changes every trading day. This ranking takes into account stock prices at the end of 2022. Sources: Yahoo Finance, Moscow Exchange
2022: Swimming naked (Finrestra podcast S2E3)
Переглядів 386Рік тому
Warren Buffett once said: "Only when the tide goes out do you discover who's been swimming naked." With inflation going over 10%, clearly the ECB was exposed as a "naked swimmer" in 2022. But inflation wasn't the only tide that went out for the European Central Bank. I also talk about the ECB's faulty risk management, and Lagarde's lack of leadership...
HSBC sells HSBC Canada. What should it do with the cash? (Finrestra podcast S2E02)
Переглядів 322Рік тому
HSBC sold its Canadian subsidiary to RBC. That makes sense, as HSBC was only a small bank in Canada. Although Canada was just 3% of HSBC's global operations, the sale brings in $10 billion. That's 8% of HSBC's market cap! HSBC should use this money to gain market share in its core regions. By buying Standard Chartered, HSBC can strengthen its position in Asia. Acquiring NatWest (RBS) would make...
Top 50 European banks by assets (2022)
Переглядів 229Рік тому
Largest European commercial banks, ranked by total assets. Source: annual reports, total assets on 31 December 2021.
What banks benefit most from higher interest rates?
Переглядів 222Рік тому
How higher interest rates are distributed over banks in the 19 euro countries. Banks in Luxembourg are the biggest winners, Italian banks are the only losers. For more about this research, check out this blog post that I wrote with Positive Money Europe: www.positivemoney.eu/2022/12/banks-windfall-profits/
JPMorgan in two minutes
Переглядів 819Рік тому
Short profile of JPMorgan. The video covers the bank's business model, profitability and impact on climate change.
Energy Central Bank (Finrestra podcast S2E01)
Переглядів 165Рік тому
The European Central Bank is fighting energy-driven inflation by hiking interest rates. But what if there's a better way? In this episode, I describe my proposal for a European Green Infrastructure Company, funded by the ECB. The ECB could have used the years of below-target inflation and high unemployment to accelerate the transition to a zero-carbon economy. This would have made the euro area...
ECB interest rate hikes explained
Переглядів 832Рік тому
Video on the ECB's rate hikes in response to the high inflation. I explain what the deposit facility rate, the main refinancing operations rate, and TLTRO III are. And I calculate the effect of the new interest rates on the interest payments of the ECB to commercial banks. My book is BANKERS ARE PEOPLE TOO: www.amazon.com/Bankers-are-people-too-finance/dp/9082737000
What are Europe's largest banks? It depends...
Переглядів 312Рік тому
Top 20 largest European banks by total assets and by market cap. Top 20 by total assets: 1) BNP Paribas 2) HSBC 3) Crédit Agricole 4) Barclays 5) Santander 6) BPCE 7) Société Générale 8) Deutsche Bank 9) Intesa Sanpaolo 10) Lloyds 11) UBS 12) ING 13) NatWest 14) UniCredit 15) Crédit Mutuel 16) La Banque Postale 17) Credit Suisse 18) Standard Chartered 19) Caixabank 20) BBVA Top 20 by market cap...
Credit Suisse in two minutes
Переглядів 616Рік тому
Credit Suisse in two minutes
What economists got wrong about inflation in Europe
Переглядів 2,3 тис.2 роки тому
What economists got wrong about inflation in Europe
Barclays in two minutes
Переглядів 16 тис.2 роки тому
Barclays in two minutes
UBS in two minutes
Переглядів 38 тис.2 роки тому
UBS in two minutes
#15: Summer special: Euro trip!
Переглядів 392 роки тому
#15: Summer special: Euro trip!
UniCredit in two minutes
Переглядів 4,3 тис.2 роки тому
UniCredit in two minutes
#14: Nik de Boer on the ECB's neglected secondary mandate (Part 2)
Переглядів 262 роки тому
#14: Nik de Boer on the ECB's neglected secondary mandate (Part 2)
#13: Nik de Boer on the ECB's neglected secondary mandate (Part 1)
Переглядів 442 роки тому
#13: Nik de Boer on the ECB's neglected secondary mandate (Part 1)
Banks in Russia and Ukraine
Переглядів 972 роки тому
Banks in Russia and Ukraine
HSBC in two minutes
Переглядів 13 тис.2 роки тому
HSBC in two minutes
#12: What can the ECB do when inflation is driven by energy costs? Three proposals
Переглядів 502 роки тому
#12: What can the ECB do when inflation is driven by energy costs? Three proposals
#11: People should be fired for this
Переглядів 492 роки тому
#11: People should be fired for this
#10: New Year's letter to ECB President Lagarde
Переглядів 302 роки тому
#10: New Year's letter to ECB President Lagarde
#9: BNP Paribas sells Bank of the West
Переглядів 2842 роки тому
#9: BNP Paribas sells Bank of the West
How to stop inflation
Переглядів 1982 роки тому
How to stop inflation

КОМЕНТАРІ

  • @freddagg12
    @freddagg12 24 дні тому

    Other facts: Their senior management are incompetent. Their internal politics is the worst. They have no ability to adopt technology. They lay off experienced and intelligent people.

  • @asifalishah63
    @asifalishah63 2 місяці тому

    Hi there, how to deposit credits is there any CDM (cash deposit machine) ?

  • @Chimpuk99
    @Chimpuk99 2 місяці тому

    A very relaible banking firm

  • @freehanna
    @freehanna 3 місяці тому

    🌞UBS

  • @fawakaspectre4461
    @fawakaspectre4461 3 місяці тому

    thanks a lot🥰🥰🥰🥰🥰🥰

  • @kuremenasrinu4057
    @kuremenasrinu4057 3 місяці тому

    Chennai barclays company section 9b

  • @femalebusinessacademy
    @femalebusinessacademy 3 місяці тому

    Thank you!

  • @saintexquisite3023
    @saintexquisite3023 5 місяців тому

    great!

  • @deniz.topaloglu1903
    @deniz.topaloglu1903 5 місяців тому

    CNBC-e x HSBC Bankası İstanbul şubeleri

  • @Opps5.0
    @Opps5.0 6 місяців тому

    Grob banken bin fan deutsche ...

  • @IsmailAli-o8t
    @IsmailAli-o8t 7 місяців тому

    Dollar Hi 👋

  • @Chandankumar-qw6hb
    @Chandankumar-qw6hb 8 місяців тому

    5 Trillion us doller

  • @anhnguyenhong8770
    @anhnguyenhong8770 9 місяців тому

    Thanks.

  • @paulsanchez9156
    @paulsanchez9156 10 місяців тому

    sounds like a text to speech ivona voice..

  • @Al-vw8qt
    @Al-vw8qt 10 місяців тому

    massive bubble about to pop at Deutsche Bank.

  • @holyalmightycreatorgroup2015
    @holyalmightycreatorgroup2015 10 місяців тому

    Please read, don't delete. A.) Why Strongest Disasters Never Stop? 1.) 8 Billions of money to received 1,000 most beautiful women in every big City from every Country. 2.) 10 Billions of Money to received 1 most beautiful woman chosen in the whole world. 3.) 1-10 Billions of money job payment every month for all Politicians, and Government workers. Implementing all I have written about Holy Almigthy Creator and Implementing my project about Government Job payment and Government Laws in my UA-cam channel. 4.) UA-cam channel is: Holy Almigthy Creator Group Believer from year 2015. 5.) Envy and Jealous People NEVER want to Implement my Projects. Thank you for reading!!!

  • @holyalmightycreatorgroup2015
    @holyalmightycreatorgroup2015 10 місяців тому

    Please read, don't delete. 1.) Needs Employers and Workers. 8-15,000pesos every month. Hiring: House Helper, all around Househelper, Cook, Driver, International, Cook. Thank you for reading!

  • @holyalmightycreatorgroup2015
    @holyalmightycreatorgroup2015 10 місяців тому

    Please read, don't delete. 1.) Needs Employers and Workers. 8-15,000pesos every month. Hiring: House Helper, all around Househelper, Cook, Driver, International, Cook. Thank you for reading!

  • @IHateFakeNews
    @IHateFakeNews 11 місяців тому

    Be aware UBS trading is fraud, if you deposit money once you cant withdraw, they will say you should pay 20% tax,

  • @امنهباقری-ي2ق
    @امنهباقری-ي2ق 11 місяців тому

    ❤❤❤❤❤😮😮😮😮

  • @Luisaorlova78
    @Luisaorlova78 11 місяців тому

    thank you so much!!! you ca explain complicated things very quicly and I understand them!

  • @zodiatisdimitri5372
    @zodiatisdimitri5372 Рік тому

    Open an account to transfer the assets to a third party financial,specialied in exchange securities from UBS in Zurich shares of Lufthansa and IAG

  • @vincentjacobsson3981
    @vincentjacobsson3981 Рік тому

    I think the king's relationship with Jesus may be about the people just borrowing the king’s money with misleading parties. I also think that the governor of the central bank and the bank’s relationship with the king may be about a class society lending the king's money in exchange e.g. Bankrate and that this should be investigated by a new state.

  • @augustosanjuan4343
    @augustosanjuan4343 Рік тому

    Where is the Gold and Money of the Certificate of Deposit 9827. Ask the US government about this and ask the CEO Ermotti and the client center UBS AG Zurich Switzerland

  • @DataLog
    @DataLog Рік тому

    Ok, but will it fail?

  • @johnmonk66
    @johnmonk66 Рік тому

    Fuck Barclays, I just paid off a credit card for three grand and they cut my limit into a third. These assholes punish you for paying your bills.

  • @FG-fc1yz
    @FG-fc1yz Рік тому

    love your videos

  • @FG-fc1yz
    @FG-fc1yz Рік тому

    very interesting! thank you sir

  • @kianpioquinto6213
    @kianpioquinto6213 Рік тому

    How much pocisseng fee 20,000,00 dollars to gcash going Phillipines maam

  • @lans767
    @lans767 Рік тому

    Do you know that Deutsche Bank has billions of rotten Derivatives in their Financial Accounts.

  • @divyaalok5538
    @divyaalok5538 Рік тому

    Awesome Inc

  • @divyaalok5538
    @divyaalok5538 Рік тому

    Awesome Inc

  • @divyaalok5538
    @divyaalok5538 Рік тому

    Awesome Inc

  • @shahinparbaj1375
    @shahinparbaj1375 Рік тому

    Not bad but not very good,,,,

  • @elviraivanyouk2285
    @elviraivanyouk2285 Рік тому

    Do you have a common call center and agents who speak all languages?

  • @willdatsun
    @willdatsun Рік тому

    Were good once, horrific communication now. They have started randomly closing people's accounts, without explaining why or giving the customer a chance to correct whatever problem there is.

  • @sharmilar9206
    @sharmilar9206 Рік тому

    What about BNY Mellon

  • @juulfraeyman941
    @juulfraeyman941 Рік тому

    Beste Jan Musschoot Ik weet niet of je mij nog kent, maar ik heb vorig jaar een paar maanden les van u gehad! Namens onze klas wouden we nog eens hallo zeggen en kijken hoe u het stelde. Hopelijk gaat alles goed! We vonden het een heel fijne tijd. Tot ooit nog eens!

    • @finrestra
      @finrestra Рік тому

      Hallo Juul, leuk om dat te horen 😊 Groeten aan jullie klas!

  • @redf7209
    @redf7209 Рік тому

    Don't even think about using this bank, most branches are closed down, even if they still exist on their websites like real branches they will only be 'mobile banks' with van or someone sitting in a nearby rented room with a lot of leaflets, available for a few days/hours a week. These cannot do money transactions or do anything relating to paper document processes. Real branches left in city centres expect you to wait months for an appointment to speak to someone about anything and they'll try and palm you off with a mobile branch that will fail to help you. Even counter staff are not available on some days for the basics. Frightening 'bouncers' will try and force you to use bank machines instead of going to a cashier. They offer telephone banking but you will have to wait hours on a number that charges you. Online banking is a farce with registration or access to your money halted inexplicably with error codes that will again tell you to ring the tel numbers you will be charged with. If you do get an account you will be suffocated in PIN numbers to remember, telephone Id number, telephone card pin numbers, online account pin number, Barclaysentry device pin number, Barclays app numbers, debit cards pin numbers.

  • @arkhan021
    @arkhan021 Рік тому

    Very informative, thank you for making this.

  • @varunmv6582
    @varunmv6582 Рік тому

    XYZ person received email from 'db@myworkday' i.e., from Deutsche Bank stating "Thank you for your recent interest in Deutsche Bank's recruitment process with relation to Incident Management Specialist We have received a large number of applications for this position and unfortunately you have not been selected for an interview at this stage." Obviously, when there is any opportunities you tend to receive more applications. If you DO NOT want to any candidate to send you any resume or you do NOT want anyone to apply at Deutsche Bank, then why did Deutsche Bank create the REQ??

  • @whyamiheredude94
    @whyamiheredude94 Рік тому

    Thanks for the Podcast

  • @manningfinancial
    @manningfinancial Рік тому

    This is awesome, can you do some more of these videos with more financial companies?? That would really be great, please get back to me and let me know, thanks so much

    • @finrestra
      @finrestra Рік тому

      Thanks for watching! I'll do a video about Goldman Sachs soon, stay tuned 🙂

    • @manningfinancial
      @manningfinancial Рік тому

      Okay great, looking forward to it

    • @manningfinancial
      @manningfinancial Рік тому

      Are you also able to take requests?? There was some other banks that I would love to see in these very cool formats as well including investment banks

    • @finrestra
      @finrestra Рік тому

      @@manningfinancial I try to do big banks that are active in Europe. But maybe I could do some other institutions in the future. So suggestions/requests are welcome 🙂

    • @manningfinancial
      @manningfinancial Рік тому

      Okay that would really be awesome if you're able to do that, thanks so much for your time

  • @shahinparbaj1375
    @shahinparbaj1375 Рік тому

    Thanks

  • @shahinparbaj1375
    @shahinparbaj1375 Рік тому

    Thanks for everything don't forget me

  • @FG-fc1yz
    @FG-fc1yz Рік тому

    Very interesting

  • @funnyguyinlondon
    @funnyguyinlondon Рік тому

    Zero carbon is impossible because you need gas and oil power to stabilise the electricity grid in conjunction with renewables. It's all just PR

  • @Bezeoner
    @Bezeoner Рік тому

    Why do you say Gov. bonds make up 3,2 trillion EUR of assets when it is closer to 3,9 trillion EUR when looking at "Securities of euro area residents denominated in euro" or are you referring to something else? What am I missing?

    • @finrestra
      @finrestra Рік тому

      Great question! The 'securities of euro area residents denominated in euro' item also includes non-government bonds. For example 251 billion bonds bought under the Corporate Sector Purchase Programme, and 288 billion from the Covered Bond Purchase Programme 3 (2020 figures). Unfortunately, the ECB doesn't provide a breakdown of government and other bonds in the consolidated balance sheet of the Eurosystem. So I had to calculate them based on the holdings from the APP and PEPP programs.

    • @Bezeoner
      @Bezeoner Рік тому

      @@finrestra Thanks for the quick reply! Makes sense.

  • @SiddharthJaiswal2003
    @SiddharthJaiswal2003 Рік тому

    👍

  • @LordofKings-Raj
    @LordofKings-Raj Рік тому

    Worked in this supirior Bank