The Global Finance magazine has announced this year’s winners for the best banks in 24 developed countries. Ireland and Iceland were left out from this contest. As per the editors of this magazine “The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better …
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On Friday Feb 20th, US banks Bank of America (BAC) and Citigroup (C) fell heavily on huge volume due to nationalization fears. Bank of America fell to $2.53 before ending the day at $3.79 after the White House reassured investors that nationalization was not in the cards. Similarly Citibank closed at $1.95. BAC is down …
Each year investors eagerly await the release of the Global Investment Returns Yearbook by London School of Business (LBS). This year’s yearbook was sponsored by Credit Suisse Research Institute and the researchers were Elroy Dimson, Paul Marsh and Mike Staunton of LBS. The authors urge investors to keep the faith with equities. What is the …
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Stocks paying dividends are back in fashion among investors worldwide. Of course financial stocks that usually pay high dividends are not the favorite now. But other dividend stocks in sectors such as consumer staples, utilities, transportation, etc. are definitely worth looking at for long-term investment options. Dividend stocks in some countries have performed much better …
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