The five biggest banks of Mexico based on total assets are shown below: Source: The Banker The banking industry in Mexico is heavily dominated by foreign banks. Mexico’s largest bank Banamex is a Citigroup(C) subsidiary. BBVA Bancomer is the subsidiary of Spanish banking group BBVA (BBVA). Based in Monterrey Grupo Financiero Banorte has been in …
Last month Apple (APPL) overtook Microsoft(MSFT) in market capitalization. Since the Deepwater Horizon oil spill BP’s (BP) market cap has decreased dramatically. So I wanted to see which US-listed foreign companies had the largest market capitalization. The following foreign companies have market cap of over $100B as of market close today: 1. PetroChina Company Limited …
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6 Stocks Poised for Big Gains Ten Canadian stocks for bulls and bears Be prepared for bull, bear or bust 3 Stocks With Large, Growing Dividends The real China growth story is in the domestic market Uncaging the lions -Business is transforming Africa for the better More workers quit their jobs, and that’s good news …
Continue reading ‘Knowledge is Power:Capitalism,China Growth,Gold Edition’ »
Norway is small country with a population of about 4.8 million bordered by Sweden, Finland and Russia. Unlike the American Dream which consists of owning a McMansion in the suburbs, the Norwegian Dream consists of owning two houses – one for living and the other for leisure with a cottage or cabin by sea or …
The chart below shows the year-to-date performance of US-listed foreign bank stocks: Click to Enlarge Notes: 1. Canadian banks are excluded in the chart 2. Data shown is as of June 11, 2010 Royal Bank of Scotland(RBS) is the best performing ADR with a return of about 33%. However it must be noted that RBS …
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