The Financial Express newspaper of India published India’s Best Banks in March this year. The banks were ranked based on the following factors: Strength & Soundness Growth Profitability Efficiency Credit Quality India’s Best Banks Click to Enlarge HDFC Bank (HDB) took the top rank in the New Private Sector Bank category. ICICI Bank (IBN) was …
Continue reading ‘India’s Best Public, Private and Foreign Banks’ »
The investment firm KBW has published its “Takeover List” in the U.S. banking sector after a gap of about two and half years. An article in The Wall Street Journal noted some of the reasons for the expected M&A activity include: A lack of earnings power Tough regulation on capital and use of debt More …
Unlike Integrated Oil Companies (IOCs) such as BP(BP), Royal Dutch Shell (RDS.A, RDS.B), TOTAL (TOT) and others, National Oil Companies (NOCs) are majority-owned by the state. For example, the Norwegian government is the largest shareholder in Statoil (STO), the country’s largest oil company. The state owns 67% of all outstanding shares of Statoil. Some consider …
Each year The Banker magazine publishes a list of the best global banks based on various factors such as profits, losses, assets, etc. The graphic below lists the best and worst banks based on 2009 data: via The Economist It is interesting to note that the two most profitable banks in the world are Chinese …
Continue reading ‘The World’s Top Banks by Profits and Losses’ »
Recently the Insurance Journal published an interesting article on oil spills and some of the issues that are ignored in the mainstream media when discussing BP’s Deepwater Horizon spill. From the article: “The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills …