Today, Axis Bank is a leader in its own right, with an impressive
balance sheet size of Rs. 5,25,468 crore as on March 31, 2016.
On the other hand, small banks lack
balance sheet size, geographic reach, back office infrastructure and product mix to satisfy the needs of most middle - and lower - middle - market businesses.
Not exact matches
Deutsche Bank notes that, «since the crisis related to banks» capital and liquidity have affected the
size and composition of banks»
balance sheets.
Fitch's suggestion that
balance sheets in the sector «will continue to need to be right -
sized» doesn't bode well for investors holding those assets to be «right -
sized.»
We believe there is still inherent value in the traditional radio broadcasting sector, but
balance sheets will continue to need to be right -
sized to support the underlying economics of the industry.
At the appropriate time, the Federal Reserve will gradually sell these securities or let them mature, as needed, to return its
balance sheet to a more normal
size.
Shirakawa's doubts kept the BOJ firmly focused on interest rates, rather than the
size of its
balance sheet, even after it had driven its policy rate down close to zero after the global financial crisis.
One line of thinking now is that the central bank may opt to combine the two programs and buy longer - dated bonds more aggressively, then set as its new target the total
balance of bond holdings or the
size of its
balance sheet, the sources said.
It will be easier to convince the public of the central bank's efforts to re inflate the world's third - biggest economy if they can easily measure jumps in the
size of the BOJ's
balance sheet, supporters of the idea say.
The red line is roughly the
size of the Fed
balance sheet (all the Treasuries and mortgage backed securities).
The easiest way for the central bank to ramp up the
size of its
balance sheet would be to buy longer - dated government bonds.
Brian Porter told a University of Toronto conference that he had a «different perspective» from the International Monetary Fund's recent warning and said they should look at the «other side of the
balance sheet» which has «kept pace or outgrown the
size of the debt.»
«The relative
size of the charge vs. expectations and limited disclosure related to potential off -
balance sheet liabilities once again raise a question about the credibility of the current guidance and capital structure framework.»
«If the Fed is serious about reducing the
size of its
balance sheet this year and wishes to communicate those plans well in advance, it is running out of time to do so,» said Michael Pearce, an economist with Capital Economics.
Smartphone maker BlackBerry once accounted for 20 % of Celestica's revenue (which was US$ 6.5 billion last year), but as BlackBerry lost market share in recent years and had to cut costs, it switched to cheaper Asian suppliers, and the two companies formally announced their split last summer; sure enough, Celestica's first - quarter results showed a BlackBerry -
sized hole in the
balance sheet, with revenues down 19 % from the year before.
We reduced the
size of our
balance sheet by $ 42 billion from the second quarter of 2011, nearly doubled our Tier 1 common equity ratio since early 2009.»
We have reduced the
size of Citi Holdings to 15 % of our
balance sheet and further improved our financial strength.»
The transaction leaves the
size of the SOMA securities portfolio unchanged but shifts some of the liabilities on the Fed's
balance sheet from bank reserves to reverse repos while the trade is outstanding.
The exit would be preceded by a gradual decrease in the
size of asset purchases (i.e., a slowing in the amount of extra easing), followed by the end of asset purchases, a gradual withdrawal of excess liquidity from the system, measured increases in the federal funds rate and, eventually, a normalization of the Fed's
balance sheet.
We utilize our
balance sheet to make direct investments in small - to medium -
sized operating companies that demonstrate compelling risk / return characteristics.
In addition to raising rates, it is also reducing the
size of its
balance sheet by curtailing its bond buying program.
This means we can keep inflation in check regardless the
size of our
balance sheet.
The
balance sheet could thus increase by around $ 1 trillion - equivalent to 50 % of its current
size or around 10 % of euro area GDP (as of mid-2014).
Together with the series of targeted longer - term refinancing operations to be conducted until June 2016, these programmes are expected to bring the ECB's
balance sheet back towards its early 2012
size.
... As the
size of the
balance sheet and the quantity of excess reserves in the system decline, the Federal Reserve will be able to return to its traditional means of making monetary policy — namely, by setting a target for the federal funds rate.
You see, back in those (relatively) halcyon days, the Fed got by with what now seems like a modest -
sized balance sheet, the liabilities of which consisted mainly of circulating Federal Reserve notes, supplemented by Treasury and GSE deposit
balances and by bank reserve
balances only slightly greater than the small amounts needed to meet banks» legal reserve requirements.
Unless these special sources of demand are themselves dealt with, shrinking the Fed's
balance sheet alone won't suffice to reduce the Fed's
size, either in real terms or relative to the credit system as a whole.
Because banks held few excess reserves, it took only modest adjustments to the
size of the Fed's
balance sheet, achieved by means of open - market purchases or sales of short - term Treasury securities, to make credit more or less scarce, and thereby achieve the Fed's immediate policy objectives.
For example, Bullard believes that the policy rates are currently at the appropriate levels and that the Fed has, ``... delayed a little bit too long in reducing the
size of the
balance sheet.»
Recently, he estimated a target
size for the
balance sheet of $ 1 - 1.5 trillion, requiring as much as $ 3 trillion of securities to roll off.
Global central bankers continue to move along the path of gradual tightening, with the U.S. Federal Reserve at the forefront, normalizing interest rates and gradually reducing the
size of its
balance sheet.
Many Fed officials have noted an elevated demand for currency, compared to what existed before the crisis, but only a few have offered specifics as to the
balance sheet's final
size.
She wants the Fed to spend more time analyzing its path toward normalization, stating that in the meantime the
size of the
balance sheet is not likely to change.
But, unlike Evans, Williams also offered a timeframe, remarking that getting to a
balance sheet that
size would likely take 5 years.
Some officials have said nothing beyond the Framework, while others, particularly those regional bank presidents that do not vote on this year's FOMC, have offered additional comments about the timing, speed, and ultimate target
size associated with reducing the
balance sheet.
Kaplan echoed those sentiments in February: ``... as we make further progress in removing accommodation, I believe we should be turning our attention to a discussion of how we might begin the process of reducing the
size of the Federal Reserve
balance sheet.»
A less - inflation - prone economy should allow the Fed to gradually reduce the
size of its
balance sheet.
Previous analysis illustrated that inflation compensation has returned as reasonable measure of inflation expectations over a 10 year period while both the economy's potential growth and the changing
size of the Fed's
balance sheet influence the real yield.
As the
size of the ECB's
balance sheet grows, the quality of its collateral is declining.
In a stark indication of the formidable progress that Bank of America Merrill Lynch has made since its creation through the controversial merger of Bank of America and Merrill Lynch in 2008, this Wall Street titan is leveraging the strength of BofA's
balance sheet and the legendary talent of Merrill's standing army of brokers to steal market share from banks of all
sizes and domiciles around the world.
With the looming end of Quantitative Easing in the United States, the Fed shows no signs of altering its
balance sheet and will maintain its
size going forward (over $ 4 trillion).
It's also interesting that in response to a question about the
size of the ABS program, Draghi said he wanted to move the ECB
balance sheet back to its 2012 dimensions — about $ 3.1 trn — that's quite a bit away from where we are now — just over $ 2trn at the beginning of September.
The final values of the caps would then be maintained until the
size of the
balance sheet was normalized.
Although changes in the
size of the Fed's
balance sheet — that is, in its total assets and liabilities — often involve like changes in the quantity of high - powered or base money (currency and bank reserves), and corresponding changes in the total money stock, this isn't always so.
As widely expected, they also announced that in October they would begin to reduce the Fed's
balance sheet from the expanded
size reached during previous quantitative easing programs.
The
size of JPMorgan Chase's
balance sheet isn't an issue, it's how they use that
balance sheet.
Central banks can most readily do that by adjusting the total
size of their
balance sheets, which they do by either acquiring or selling assets.
This is much larger than the
size of the ECB
balance sheet at the previous peak in the euro crisis of 2012:
And no one can say that they don't know that the Fed is about to start reducing the
size of its
balance sheet.
Central bank
balance sheets, pre-crisis, were typically about 5 — 10 per cent of national GDP in
size.