🇪🇺#banks #europe #lending #macro
consumer lending volumes are increasing in the Eurozone, while mortgage loans are declining

🇺🇸#JPM #banks #us #macro
JPMorgan now has more than 13% of the nation’s deposits and 21% of all credit-card spending. Its investment bankers bring in more revenue than all of their Wall Street rivals - and it isn’t done growing — WSJ

⚠️🇺🇸#default #lending #us #banks #warning
BBG: delinquencies on auto loans, credit cards, and mortgages have started to increase significantly in the US

#COF #ALLY

⚠️🇺🇸#USB #banks #us #warning
US Bancorp is under pressure

the cost of insuring against the possibility of default on US Bancorp's debts has been rapidly rising. US Bancorp is the fifth-largest bank in the US

🇺🇸#banks #us #deposit
the pace of deposit reduction at US banks has slowed down

💥WSJ: US online banks have seen a growth in their deposit base

#COF #ALLY

❗️🇺🇸#banks #us #insider #macro
insiders are buying shares of US banks at record rates

🌎 #quantum #cyberattack #banks
the emergence of functional quantum computers within the next 10-15 years could pose the most significant threat to the security of banking data worldwide — BIS

🇺🇸#banks #realestate #us #watchlist
Fortune: commercial real estate exposure of US banks

❗️#CFG #MCB #ALLY #FHN

⚠️🇺🇸#markets #recession #opinion #warning
JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

In previous rate-hiking cycles going back to 1980, recessions start an average of 13 months after the Fed’s final rate increase, he said

Pain is likely to be greatest in three areas of the economy: Regional banks, commercial real estate and junk-rated corporate borrowers, he said #banks #realestate #highyield #bonds

some US banks are preparing to sell off property loans — FT

investors have started a sell-off in US office real estate - prices

❗️#CIO #watchlist

🌎#markets #world #flow
weekly financial flows - BofA -EPFR (week through June. 21):

WORLD STOCKS = -$5B #stocks

TECH STOCKS = -$2B = highest weekly outflow in 10 weeks #tech

FIN STOCKS = +$1B = highest weekly inflow in 10 weeks #banks

WORLD BONDS = +$5.4B #bonds

WORLD CASH = -$13.9B #cash

GOLD = -$1B #gold

UK STOCKS = outflows persist for 24 consecutive weeks #uk

INVESTMENT-GRAD BONDS = 12 consecutive weeks of outflows = the longest streak since October 2021 #ig

BofA: BofA Bull & Bear Indicator signals worsening sentiment in risk assets.