The hottest Banking Substack posts right now

And their main takeaways
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Top Finance Topics

Viết tiếp về Paypal-made-in-VN

Thái | Hacker | Kỹ sư tin tặc • 0 implied HN points • 10 Oct 07
🕹 Technology Banking
  1. One of the main challenges for e-payment companies in Vietnam is convincing banks to connect with them, often due to technology and product limitations.
  2. Unlike foreign e-payment companies that focus on credit card payments, Vietnamese e-payment companies prefer transactions through ATM cards linked to bank accounts.
  3. The lack of regulations in Vietnam regarding fraud liability in non-credit card payments creates challenges, leading e-payment companies to explore intermediary solutions like PayPal's model.

Rise And Fall of Paypal-made-in-VN

Thái | Hacker | Kỹ sư tin tặc • 0 implied HN points • 10 Oct 07
🕹 Technology Banking
  1. In the e-payment industry, success hinges on speed to market and convincing banks to connect.
  2. Building an e-payment service in Vietnam faces challenges like outdated banking infrastructure and lack of technical expertise.
  3. The future of e-payment in Vietnam may involve banks establishing subsidiary companies to compete and innovate in the market.

See you at VNSECON07!

Thái | Hacker | Kỹ sư tin tặc • 0 implied HN points • 02 Aug 07
🕹 Technology Banking
  1. VNSECON07 aimed to bridge the gap in cybersecurity between Vietnam and the rest of the world by bringing experts to share their latest research and insights.
  2. VNSECON07 stood out from other security conferences by following a rigorous selection process for presentations and hosting a hacking competition called Capture the Flag.
  3. The conference featured hot topics such as next-gen .NET attacks, live malware attacks, using Google for finding malware, cheating in online games, building a GSM interceptor, and banking security challenges in fast-developing countries.

Do Australian banks care about AI?

Solresol • 0 implied HN points • 27 Apr 24
💼 Business Banking
  1. Expert surveys predict AI could fully take over telephone banking by 2026, prompting banks to invest in AI to keep up with the market.
  2. By reporting AI expenditure, banks can show they are forward-thinking and not lagging behind in technology.
  3. A prediction market is available for those interested in betting on whether Australian banks will prioritize AI investments this year.
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SVB's Collapse

inexactscience • 0 implied HN points • 15 Mar 23
💰 Finance Banking
  1. Silicon Valley Bank failed due to significant financial losses and risky decisions. It shows how quickly things can change for banks in tight situations.
  2. Some thought SVB's issues were unique, but other banks might also face similar risks. This could mean wider banking problems in the future.
  3. The Federal Reserve stepped in to help, which raises questions about making banks more careful. If everyone has insurance, banks might take bigger risks, which isn't good for the economy.

How does banking work?

Logos • 0 implied HN points • 27 May 24
💰 Finance Banking
  1. Banks don't just hold your money; they lend it out and invest it to earn interest. When you deposit money, the bank essentially sees it as a loan from you.
  2. Finance has important roles, like reducing risk and helping money flow to better opportunities. This means finance can make the economy more productive.
  3. Banks create money by giving out loans based on deposits, not by just moving your cash around. This process helps fund things like homes and businesses.

Innovation & Finance & Crypto

Logos • 0 implied HN points • 18 Sep 22
💰 Finance Banking
  1. Companies need to keep innovating to stay relevant. If they don’t, they risk becoming outdated, as history shows industries can be overtaken by new technologies and business models.
  2. Regulation creates strong barriers in finance, making it hard for new players to enter. Innovations often happen as a way to get around these regulations or because they unintentionally push consumers towards new solutions.
  3. Cryptocurrency has advantages over traditional finance, but many of these benefits come from bypassing regulations. It’s important to understand that these advantages are tied to the limitations placed on traditional systems.

Deutsche Bank: A Greek Tragedy at a German Institution?

Musings on Markets • 0 implied HN points • 06 Oct 16
💰 Finance Banking
  1. Deutsche Bank has experienced a significant drop in its stock price and market value, which has raised concerns among investors regarding its stability and future prospects.
  2. The bank's recent troubles are attributed to a mix of bad investment decisions and regulatory challenges, especially after facing a large fine from the US Department of Justice.
  3. Despite the current perception of risk, some investors see an opportunity as the stock may be undervalued, but it's important to recognize the risks associated with such investments.

Keystone Kop Valuations: Lazard, Evercore and the TSLA/SCTY Deal

Musings on Markets • 0 implied HN points • 06 Sep 16
💰 Finance Banking
  1. The Tesla and SolarCity deal raised serious concerns about potential conflicts of interest. Elon Musk was heavily involved in both companies, which made people worry about whether he was making decisions that were best for shareholders.
  2. The investment banks involved in valuing the deal, Lazard and Evercore, faced challenges in justifying the merger. They had to convince both sets of shareholders that the deal was a win for everyone, which is often a tough balancing act.
  3. The valuations provided by the banks were criticized for being poorly constructed and based on questionable assumptions. It seemed like they relied too much on management's cash flow forecasts without proper scrutiny, which raised doubts about their thoroughness and ethics.

Buffett and Bank of America: Playing Poker with Patsies...

Musings on Markets • 0 implied HN points • 26 Aug 11
💰 Finance Banking
  1. Warren Buffett's investment in Bank of America might seem helpful, but it actually comes with terms that could hurt the bank's stockholders. Buffett gets great benefits while the bank may take on extra burdens.
  2. Buffett's deal included a hefty dividend and options to buy shares at a low price, which could lead to big profits for him. However, Bank of America still risks losing control over its dividends and stock buybacks.
  3. While some people see Buffett’s involvement as a sign the bank is doing well, the deal's terms suggest the opposite. It raises questions about whether Bank of America is truly stable or hiding bigger financial problems.

Breach of Trust: Bank Valuation after the banking crisis

Musings on Markets • 0 implied HN points • 29 Mar 11
💰 Finance Banking
  1. Investors used to trust banks because they thought regulations kept them in check. Now, that trust is gone, and we can’t just assume all banks will act responsibly anymore.
  2. The way banks determine dividends and capital requirements has changed. We should look at expected growth and regulatory needs instead of just past dividends to judge their value.
  3. Banks need to be more open about their finances and risks. This means clearer details in their financial statements so investors can make better-informed decisions.

Jerome Kerviel is sentenced: Ruminations on risk and trading scandals

Musings on Markets • 0 implied HN points • 07 Oct 10
💰 Finance Banking
  1. Younger and single people tend to take more risks than older or married individuals. This is especially true in trading where many traders fit this profile.
  2. Traders often take bigger risks when using money that isn't their own, like 'house money'. This can lead to careless decisions.
  3. When traders start losing money, they often try to recover it by making bigger bets, which can lead to even worse losses. It's important to monitor and control losses early on.

Will the financial overhaul bill fix what's wrong with banks?

Musings on Markets • 0 implied HN points • 29 Jun 10
💰 Finance Banking
  1. The new financial bill may not stop banks from getting too big. It sets some fees for larger banks but doesn't really limit their growth.
  2. The bill tries to reduce risky behavior by banks, like investing in hedge funds, but banks might just find new ways to take risks instead.
  3. While the bill could lower banks' profits in the short run, it might make them more valuable by scaring off competition, leading to higher returns in the long run.

The Agency for Financial Stability? Good idea?

Musings on Markets • 0 implied HN points • 10 Nov 09
💰 Finance Banking
  1. Creating a new Agency for Financial Stability may not be a good idea. The Federal Reserve already has competent people managing banking regulations, so restructuring might not improve things.
  2. Systemic risk is a problem because it affects everyone but only a few get the rewards. We should focus on making sure that those who take big risks also face the consequences if things go wrong.
  3. Instead of establishing a new agency, we should empower existing banking authorities to monitor risks better. It's important for regulators to be proactive rather than just reacting to past crises.

My thoughts on the AIG fiasco

Musings on Markets • 0 implied HN points • 20 Mar 09
💰 Finance Banking
  1. When companies get government bailouts, they should understand that things are different and people are watching. Paying huge bonuses when others are suffering just seems unfair.
  2. AIG had to pay money to banks like Goldman Sachs to avoid defaulting on obligations. This was likely what the bailout money was meant for.
  3. Some AIG employees were not responsible for the crisis, so keeping them happy with bonuses could help the company recover. It's important to keep good workers, even if it looks bad politically.

To zero..and beyond...

Musings on Markets • 0 implied HN points • 18 Dec 08
💰 Finance Banking
  1. Nominal interest rates can potentially go negative, which is unusual and complicated. It makes people question why they'd invest in something that returns less money in the future.
  2. For smaller amounts of money, people would prefer safer options like checking accounts or cash at home rather than investing with negative returns.
  3. Large investors are showing distrust in banks by accepting negative interest rates rather than risking their cash in a bank, which highlights concerns about the banking system's stability.

Jekyll and Hyde revisited!

Musings on Markets • 0 implied HN points • 25 Nov 08
💰 Finance Banking
  1. Citi's plan to split their assets into good and bad parts is interesting. This could lead to other companies doing the same, letting investors trade their good and bad parts separately.
  2. It's easy to see how the good part would be valued higher by investors. The challenge is figuring out how to make the bad part appealing, since it's often not profitable.
  3. If the government takes on the bad assets, it should demand something valuable in return, like a stake in the good part, to make sure the deal is fair.

Is preferred stock equity?

Musings on Markets • 0 implied HN points • 16 Oct 08
💰 Finance Banking
  1. Preferred stock is a mix of equity and debt. It has a fixed dividend like a bond but is treated differently for taxation.
  2. Investing in preferred stock impacts common stock holders, especially in banks. They may see lower earnings because of the preferred dividends that need to be paid first.
  3. Different countries have different rules for preferred stock in banks. The UK's approach can be tougher on common stockholders compared to the US approach.

Step away from the ledge!

Musings on Markets • 0 implied HN points • 29 Sep 08
💰 Finance Banking
  1. The current economic situation is bad, and many banks made poor lending choices, leading to a serious credit crisis.
  2. There will be government actions to address the issues, but it's unclear if these will help everyone in the long run.
  3. Despite the challenges, economies and investors have shown resilience in the past, so it's wise to think long-term and invest in strong companies.

The end of investment banking?

Musings on Markets • 0 implied HN points • 22 Sep 08
💰 Finance Banking
  1. Goldman Sachs and Morgan Stanley are changing how they operate by becoming bank holding companies. This means they will now accept deposits and can access more long-term capital.
  2. The old way of investment banking had problems, especially with risky trading and high bonuses for profits but little penalty for losses. This led to serious financial issues for many firms.
  3. With new regulations as bank holding companies, these firms will have to hold more equity and may see lower profit margins. It's a shift to a more cautious investment strategy.

The most exciting flat week ever?

Musings on Markets • 0 implied HN points • 19 Sep 08
💰 Finance Banking
  1. The S&P 500 had a very eventful week, starting at 1250 and ending at 1255. There were big ups and downs throughout the week, showing market volatility.
  2. The financial landscape changed significantly, with many investment banks struggling and the government playing a larger role. This shift indicates a major transformation in the market.
  3. Next week is expected to be volatile, with uncertainty about whether the market will go up or down. It's a time to brace for potential wild fluctuations.

From FDs to IPOs: The Investor Shift Shaking Up Financial Institutions

Decentralised • 0 implied HN points • 03 Oct 24
💰 Finance Banking
  1. More people in India are moving their money from safe savings options like fixed deposits to investing in the stock market. This trend is growing quickly.
  2. There are now many more retail investors actively participating in the stock market, with millions of new investment accounts opened recently. This is changing how people invest.
  3. Financial institutions like banks need to update their technology and adapt to the changing market. If they don't, they risk losing customers to newer fintech companies that provide better services.

Future Finance

Decentralised • 0 implied HN points • 31 Jul 24
💰 Finance Banking
  1. Fintech is changing how we view and use money. It's not just about banks anymore; new tech is making finance more accessible.
  2. Understanding financial services can help us make smarter choices with our money. The more we know, the better we can manage our finances.
  3. Keeping up with trends in finance can lead to better opportunities. Whether it's investing or saving, being informed is key to financial success.