Mar. 30 at 3:27 PM
And remember last week
$C was rumored to be interested in buying
$PNC
What a joke
no way can they make that acquisition now
that would be like a drowning man pulling down the swimmer trying to make the save
Take a look at this little detail from The institutional Risk Analyst...
"Another large lender to NDFIs is PNC which had
$90 billion in OLL vs
$333 billion in total loans. PNC has 15% of total assets in OLL, making us wonder why the FDIC et al have not broken out NDFI loans before this time. How big would “other” need to be before the FDIC tells us the components? Once again, the prudential regulators are well behind the curve."
"C had just 7.8% of total assets in OLL in Q4 2025 or 28% of total. C exposure to OLL equaled 106% of Tier 1 capital at that date, but Citi also reported above-peer losses of 17bp vs the Peer 1 average of 16bp. Citi had securitized
$4.6 billion in OLL exposures and has 30% of total assets in on balance sheet OLL exposures or managed securitizations."
