Eurozone banking sector ‘a slow-motion train wreck’, says economist Silver on the up Who wants to be a Brazilianaire? Make the best of a bad stock market Which Asian countries can survive a US downturn? Ministry says tightening measures on housing market will continue in China Canada Pension Plan among world’s top performers: OECD `Capitalism’ …
Continue reading ‘Knowledge is Power: Eurozone Banking, Capitalism, Silver Edition’ »
Many of the utility stocks in Europe have been hit hard in the past few months due to the Eurozone crisis. Unlike financials investors need not completely avoid these utilities. Some of European utilities have solid business models and excel in the renewable energy field due to state subsidies. In addition, they have operations in …
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The graphic below shows the top 25 worst global banks based on losses: Source: The Banker Except VTB-Bank of Russia, all the losers in this list are from Europe, the U.S. and Japan. None of the major emerging market banks appear in this list which confirms their strength during the global financial crisis.
Bank of America (BAC) tops the rankings in the Top 20 World Banks 2010 list based on Tier 1 capital published by The Banker magazine. Bank of America topped this ranking back in 1970 when the list was released for the first time. The second and third places went to JPMorgan Chase(JPM) and Citigroup (C) …
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China and India are two of the largest fast-growing emerging countries with populations of over one billion each. After Independence from Britain in 1947, India became the world’s largest democracy with a closed economy primarily based on agriculture. In 1949, Communist leader Mao Zedong took control of whole of mainland China and established a communist …
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