Navigating a bank safely through uncertain times requires expertise, experience and intuition which goes far beyond reviewing standard risk and financial reports. In the current challenging economic, political and social…
The results of the 2022 Federal Reserve Stress Test published last week reveal that the 11 largest US banks would incur combined trading losses of USD 100bn under a hypothetical…
In this article, Orbit36 discusses how today’s change in the SNB policy rate from -0.75% to -0.25% and the possible abandonment of the negative interest rate regime will impact the profitability of banks in Switzerland.
At year-end 2021, banks in Switzerland had more than a trillion of client deposits in Swiss francs on their balance sheets. The vast majority of these deposits is bearing no…
Following the decision to exclude Russian banks from the international payment system Swift as part of the sanctions against Russia to defend democratic values, we aim to shed some light…
Last week, the shares of US tech giants Amazon and Facebook owner Meta Platforms showed exceptional price swings. Both shares are widely held by hedge funds. According to Reuters, eight…
I feel honored to be invited as speaker to the “3rd Annual Best Practices for Stress Testing in Financial Institutions” conference in New York. This premier GFMI event brings together…
The collapse of two Bear Stearns hedge funds in July 2007 is in hindsight often seen as the first warning signal of the approaching financial crisis. Possibly, the default of…
Orbit36 and Andreas Ita feel very honored to be quoted in the September 22, 2021 edition of the Wall Street Journal. The excellent article “Credit Suisse’s Archegos Disaster Exposes Cracks…
Following the $5.5bn loss with hedge fund Archegos, the Board of Directors of Credit Suisse appointed a Special Committee to conduct an independent external investigation of the case. The results…