It is common knowledge that foreigners own many of the assets in the U.S.. This is true especially with financial assets where China and Japan hold some of the largest chunks of U.S. treasuries. But what about direct investments?. Do foreign companies invest more in the U.S than U.S. Multi National Companies (MNCs) invest abroad? …
Overdraft fees charged by banks in the U.S. is another example of Gotcha Capitalism, a term coined by MSNBC’s Bob Sullivan who also wrote a book by the same name. The book shows how big businesses rip off billions of dollars from U.S. consumers in the form of hidden fees. Overdraft fees is an example …
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Earlier today we looked at the The Top 10 Banks in India based on Assets. In this post, lets review the most profitable banks in India based on 2008 Net Income. India’s 10 Most Profitable Banks/Financial Institutions based on Net Income in 2008: [TABLE=229] Source: BankScope State-owned banking giant State Bank of India is the …
The Top 10 Indian Banks based on Assets held as of Dec 31,2008 are listed below. Similar to Brazil, China and other countries, there are both private and state-owned banks in India. The Top 10 Indian Banks based on Assets [TABLE=228] Source: BankScope The largest bank in India is the state-owned State Bank of India, …
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After the credit crisis last year, China is increasingly focusing more on developing markets for growth. Chinese companies have been making large investments especially in developing resource-rich Middle East and Africa. An interesting article in the Der Spiegel titled Reluctant Partners – Global Crisis Makes US More Dependent on China than Ever discusses the trade …
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