Often called as “the Lucky Country” Australia is blessed with plenty of natural resources and wonderful weather. Similar to the Canadian banking system, the Australian banking system is stable and was least affected during the financial crisis.Australia has many of the commodities such as coal that the growing economies of China and India desperately need. …
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In a post last month, I discussed about the success of the Troubled Asset Recovery Program (TARP) to the U.S. By July of this year, the US government had received $22.7 billion in interest, dividends, sale of warrants, stocks and other income. The graphic below shows that the TARP has been profitable to the U.S. …
The graphic below shows a comparison of the government finances and the size of the economies of the US and UK: Click to Enlarge Source: The New York Times While the UK has higher government revenues as a percentage of GDP than the US, in terms of debt and spending the UK and the US …
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The 25 Soundest Banks of the World based the highest capital-asset ratios (CAR) in 2009 are listed below: Source: The Banker Smaller banks dominate this list from both the developed and emerging countries. 18 of the 25 banks shown above are from emerging markets underlining the conservative business practices of banks in emerging markets. Electro …
The Top 25 Chinese Banks based on Tier 1 Capital in 2009 are listed below. This ranking is part of the annual World’s Top 1000 Banks published by the influential The Banker magazine based in London,UK. Source: The Banker Note: The Tier 1 Capital is in $ millions. The top bank in China is Industrial …
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