On the Performance of Foreign Bank Stocks Year-To-Date

Among the foreign bank ADRs, emerging market banks have performed very well so far this year relative to their developed world peers. This is not surprising since most emerging markets are up by double digit percentage points this year and financials are the main drivers of growth in these markets. As the pillars of the …

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On the Decline in Market Value of Big Global Banks

Some of the major European banks have seen their market values decline substantially this year. The STOXX® Europe 600 Banks Index is down about 33% year-to-date in Euro price terms. A few individual banks have lost much more. The following graphic from a recent journal article shows the serious damage to market capitalization of the world’s …

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Wells Fargo: The World’s Most Valuable Bank

US-based Wells Fargo(WFC) has come the world’s valuable bank bank based on market capitalization, according to an article in The Wall Street Journal today. Wells Fargo exceed the market capitalization of ICBC (IDCBY) of China recently. Click to enlarge Source: Wells Fargo & Co. Is the Earth’s Most Valuable Bank, The Wall Street Journal, July 22, 2015 …

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On the Tier 1 Common Ratio of Large U.S. Banks

In October of last year the European Banking Authority published the results of its stress test results of European banks. Most of the banks studied by the agency passed the test with only 13 identified to need extra capital including  Banca Monte dei Paschi di Siena SpA of Italy, National Bank of Greece(NBG). From a Journal …

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