Browsing All posts tagged under »Banking«

The Ghost of Lehman Brothers Past

March 13, 2023

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By Michael Macaluso The decision to stand behind uninsured deposits by the Fed, Treasury, and the FDIC announced on Sunday, March 12, I believe was necessary and correct. It has been probable since the aftermath of Lehman Brothers, however, that any reasonably large systematically connected depository institution (and some non-depository institutions) could potentially trigger a […]

Silicon Valley Bank Insolvency: What Now?

March 12, 2023

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By Michael Macaluso On March 10, 2023 the California Department of Financial Protection & Innovation declared Silicon Valley Bank (“SVB”) insolvent and appointed the FDIC as receiver. Simultaneously, the FDIC created the Deposit Insurance National Bank of Santa Clara to facilitate access to SVB deposits insured by the FDIC. For those of us who worked through […]

Mid-Year Perspective on the Status of China’s Currency

July 2, 2017

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Written by Todd R. Vollmers, Managing Director, Global Access CSG There has been increasing interest in trends pertaining to China, particularly given its relatively new role as the world’s second largest economy and growing importance to international trade and the global economy. Since 1978 (when China began instituting political reform making it more open) according […]

Charts: Shifts in the Capital Markets Value Chain

June 4, 2016

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As many financial institutions, particularly banks are exiting or scaling back their participation in certain parts of the capital markets value chain, or deciding not to enter others, an array of old and new players is stepping in to compete for those revenues. BCG provides significant insight on the issue in a recent article entitled “How Value Is Shifting in the […]

Charts: Banking Consolidation

May 6, 2016

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The following chart shows consolidation of the U.S. banking sector roughly from the early 1990s to 2010 which led to four major banks. There are other similar stories in banking and particularly colorful stories in investment banking. Also, there already was significant consolidation before the early 1990s. Still the chart is impressive in the story it tells through a single picture. Interestingly […]

Developments: Ocean Holding Acquires Düsseldorfer Hypothekenbank

September 1, 2014

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Ocean Holding acquires Düsseldorfer Hypothekenbank Completing one of the largest bank acquisitions in Germany in years by total assets at approximately €12 billion, Lone Star has sold its controlling interest in Düsseldorfer Hypothkenbank to Ocean Holding, an Attestor fund. After acquiring the bank in 2010, Lone Star injected €500 million to strengthen its core capital position. The […]

The Shanghai Free Trade Zone – A New China Paradigm for Western Investors?

December 31, 2013

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When it comes to foreign companies, funds and investors doing business in China and positioning themselves to do business in China, the question on the minds of everyone is the significance of the Shanghai Free Trade Zone.  What does it mean for China, and to investment in China?  Answers to these questions are contained in a […]

Thomson Reuters Interview with Michael Macaluso

July 11, 2013

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Interview originally published here by Thomson Reuters Business Law Currents on October 4, 2011 An interview with Michael Macaluso DLA Piper’s Michael Macaluso has seen success as the rare lawyer able to bridge the gap between the U.S. and Europe. With markets in flux and regulations fluid, capital flows to and from private equity and venture […]

Vietnam Banking Academy Guest Lecture

June 18, 2013

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At the invitation of the Banking Academy of the State Bank of Vietnam, Vietnam’s central bank, I recently addressed the faculty and students of the Academy on various financial markets topics.