Forbes: With Goldman's stellar earnings yesterday and with JPMorgan leading the way in The Wall Street Journal at least leading the charge for the warrants that the government have with the banks, I was wondering if this is sort of a sign of a sustained banking rally and if these are going to be the two that lead us out of it.
If even some of those services get "unbundled", in the parlance of fintechers, the economic models that have sustained banks for decades will be under threat.
So sustained bank trouble would make it harder for the Egyptian government, already running a deficit, to borrow or refinance debt as it comes due.
In an era of bear markets and little of the lucrative mergers-and-acquisitions activity that sustained banks in the late 1990s, it seems likely that research departments will continue to shrink.
Such popular beliefs are what sustain bank runs.
Armstrong also suspects that the UK's financial regulator will demand that real job-sustaining banking activity, rather than just legal titles, is moved to England where it can be closely monitored.
Preserving cash to sort out its problems is more important than sustaining the bank's dividend, which will be cut by two-thirds, to $1.33 a share this year, the bank said today.
In the best circumstances, sustaining a "bank to the poor" is no easy feat, but in Haiti after the earthquake, the challenge has been extraordinary.
After London, Edinburgh is the UK's most important banking centre and the governor stressed that the current arrangements had helped ensure "that Scotland can sustain a banking system whose collective balance sheet is substantially larger than its GDP".
Public intervention saved and sustains the banking sector in the UK and internationally.
These arrangements help ensure that Scotland can sustain a banking system whose collective balance sheet is substantially larger than its GDP.
