RT Bloomberg New Economy (@BBGNewEconomy)"Credit or the act of lending - is not where the risk lies." Climate Ambassador, Singapore Ravi Menon on the role banks pay in financial-market regulation #BloombergNewEconomy.⏯️ https://t.co/Sqkf8dJOyf https://t.co/DXcBI8V8Gi ...

Well, I think the bubble has started to burst and the bubble is on in two areas. One is credit, which is non-bank financial credit, which is now in the United States nearly four times annual GDP. And the other is of course the well-known asset bubble of uh AI, which is not saying that AI is not useful or productive.It's saying that the amount of capital being put into it in the United States compared to China makes the US pricing look absurd and I think that amount of capital will not be remunerated. So I t ...

As well as relying more on the Chinese state for credit, rich countries are emulating its style of lending, writes Bradley Parks https://t.co/dZaBftd0bu ...

Core Insights - Texas Capital Bank has reported record earnings, highlighting strong financial performance and growth potential in the current market environment [1] - The CEO discussed the bank's involvement in mergers and acquisitions (M&A), indicating a proactive approach to expanding its market presence [1] - The outlook for the bank remains positive, with strategies in place to navigate future challenges and capitalize on opportunities [1] Financial Performance - The bank achieved record earnings, showcasing a significant increase compared to previous periods [1] - Specific financial metrics were not detailed in the provided content, but the emphasis on record earnings suggests robust profitability [1] M&A Activity - The CEO emphasized the importance of M&A activity as a key component of the bank's growth strategy [1] - The bank is actively seeking opportunities to enhance its portfolio and market share through strategic acquisitions [1] Future Outlook - The management expressed confidence in the bank's ability to sustain growth and adapt to changing market conditions [1] - Plans are in place to address potential challenges while leveraging existing strengths to drive future success [1]

China made a point on its credit versus the US, says @johnauthers, and emerging markets are enjoying it (via @opinion) https://t.co/HKay9Zxbrc ...

5 November 2025 | 12:06PM HKT Economics Research China: Unofficial services PMI edged down in October; October inflation and credit preview Bottom line: The headline RatingDog China Services PMI (formerly the Caixin services PMI) edged down to 52.6 in October from 52.9 in September, suggesting services sector activity continued to expand but at a slightly slower pace. Key numbers: S&P Global services PMI: 52.6 in October (Bloomberg consensus: 52.5), vs. 52.9 in September. Main points: 1. The RatingDog China ...

First Horizon Corporation Conference Call Summary Company Overview - **Company**: First Horizon Corporation (NYSE:FHN) - **Assets**: $83 billion - **Branches**: Over 400 across the Southeast - **Headquarters**: Memphis, Tennessee - **Segments**: Regional banking, specialty banking, and corporate [1][3] Core Insights and Arguments Customer Sentiment and Loan Growth - Customers in the Southeast are optimistic and resilient despite past challenges like COVID and rising rates [4][5] - Loan growth is slower than previously anticipated, with expectations of high single-digit growth not materializing [5][6] - The mortgage warehouse business has been a bright spot for loan growth [5][8] Loan and Deposit Strategy - Focus on building long-term customer relationships rather than just selling products [7][8] - Emphasis on decentralized decision-making in local markets for deposit pricing [8][9] M&A Activity - Increased M&A activity in the Southeast with several competitors involved in mergers [10][11] - First Horizon has recently completed significant mergers and is now focused on organic growth [12][14] - The company is positioned to capitalize on opportunities arising from competitors' M&A disruptions [12][14] Interest Rate Environment and Asset Sensitivity - The company is optimistic about its countercyclical businesses, particularly FHN Financial, in a falling interest rate environment [17][18] - Mortgage warehouse business is expected to benefit from potential refinancing waves as rates decrease [20][26] Expense Management and Technology Investments - Commitment to keeping expenses flat while investing in technology and efficiency improvements [27][29] - Significant technology investments have been made to clear tech debt and enhance operational efficiency [31][32] - AI is being utilized to reduce costs and improve speed in developing new digital platforms [33][36] Credit Quality and Risk Management - Strong credit culture with a focus on client relationships and decentralized credit analysis [39][40] - Best-in-class charge-off rates, with a proactive approach to monitoring credit quality [41][45] - Increased vigilance regarding fraud and operational controls in response to industry challenges [49][50] ROTCE Target and Capital Management - Achieved a 15% ROTCE in Q4, with a goal to sustain and exceed this level [52][53] - Plans to return capital to shareholders primarily through loan growth, with share buybacks as a secondary option [59][60] - Maintaining a capital ratio of 11% with a long-term target of 10% [57][58] M&A Strategy - M&A is not a near-term priority; focus remains on organic growth and achieving top-tier returns [61][62] - The company is open to opportunities but prioritizes shareholder value and operational efficiency [64] Additional Important Points - The competitive deposit environment has quieted down, with clients aware of rate changes [66][68] - Technology expenses are being managed effectively, with a focus on client-facing projects [70][74] This summary encapsulates the key points discussed during the First Horizon Corporation conference call, highlighting the company's strategic focus, market conditions, and operational insights.

I sat down with @MarediaShehzan to discuss how wealthy Bitcoiners are using innovative lending and credit solutions to buy homes, cars, and experiences — all while keeping their Bitcoin.Shahzad shares real stories, insights, and the broader vision behind enabling financial freedom without liquidation.Enjoy!YouTube: https://t.co/GKukweAOKCApple: https://t.co/51IsdFMZPrSpotify: https://t.co/nWMXPfQyC1TIMESTAMPS:0:00 - Intro2:36 - Who are high-net-worth bitcoiners?8:24 – “Buy, borrow, die” wealth strategy12:35 ...

I sat down with @MarediaShehzan to discuss how wealthy Bitcoiners are using innovative lending and credit solutions to buy homes, cars, and experiences — all while keeping their Bitcoin.Shahzad shares real stories, insights, and the broader vision behind enabling financial freedom without liquidation.Enjoy!YouTube: https://t.co/GKukweAgV4Apple: https://t.co/51IsdFMrZTSpotify: https://t.co/nWMXPfQ0MtTIMESTAMPS:0:00 - Intro2:36 - Who are high-net-worth bitcoiners?8:24 – “Buy, borrow, die” wealth strategy12:35 ...

Economic Impact of Deleveraging - Lower incomes and increased unemployment reduce government tax revenue while simultaneously increasing the need for government spending on unemployment benefits [1] - Governments often implement stimulus plans and increase spending, leading to budget deficits as they spend more than they earn in taxes [2] - Governments may raise taxes on the wealthy to redistribute wealth, potentially causing resentment between different socioeconomic groups [3] - Continued economic depression can lead to social disorder and political instability, both within and between countries [4] Monetary Policy Response - Central banks, having lowered interest rates to near zero, may resort to printing money to stimulate the economy [5] - Central banks print money to buy financial assets and government bonds, as the Federal Reserve printed over $2 trillion during the 2008 crisis [6] - This action increases asset prices, benefiting those who own financial assets, but the central bank can only buy financial assets [7] - Central banks cooperate with the central government, which can buy goods and services, by buying government bonds, effectively lending money to fund stimulus programs [8] Risks and Policy Considerations - Policymakers must balance deflationary and inflationary measures to manage debt burdens and maintain stability during deleveraging [9]