The Yellow Speech  or the Green Speech?

The Yellow Speech or the Green Speech?

In the seminal Danish movie The Celebration (1998), a family and guests are gathered for the 60th birthday of the patriarch, Helge. Christian, the oldest son, gives Helge the choice between the yellow and the green speech. Helge chooses the green one, which turns out...
First I Was Afraid, I Was Petrified

First I Was Afraid, I Was Petrified

Feel free to slap on some shiny leggings and grab a hairbrush to belt into. Sprinkle in dramatic disco moves as you see fit. Kept thinkin’ I could never live without you by my side But then I spent so many nights thinkin’ how you did me wrong And I grew...
Regretful Readiness

Regretful Readiness

The Canadian Office of the Superintendent of Financial Institutions (OSFI) just released its Annual Risk Outlook. The outlook lists the top risks faced by the Canadian financial system and the actions OSFI is taking in response. Words like geopolitical turbulence and...
European Banks: Less Rizz*, More Value

European Banks: Less Rizz*, More Value

The banks of Europe—including the UK (no offense!)—are doing great. A few weeks ago, the FT commented that measured by the 47 banks included in the European Stoxx 600 index, the total return and net dividends have outperformed the top US tech stocks known as the...
Delayed

Delayed

One can almost hear the collective groan that escapes from the gate area when the flight status changes from ON TIME to DELAYED on the board. However, I am pretty sure no bank let out the same kind of groan when OSFI, the Canadian bank regulator, announced this week...