Kiwibank puts its money where its mouth should be

Kiwibank’s capital cock-up took an unexpected turn this week when the bank made another extraordinary announcement. On Friday, the bank let us know that its parents will bail out the bank with an infusion of $247 million of common equity. Sheesh, I thought only Italy did bail-outs! Infusing equity capital is the last thing a […]

A python script to manage regulatory data of U.S. Bank Holding Companies

The Chicago Fed offers great data on bank holding companies, click here for the full page, and here for the download page. The data is big, deep, large. The number of variables is stunning (more than 3,000). The format is a flat text file with a typical delimiter: a caret (^) separates the data fields. How to […]