USÂ Federal Reserve Chairman Ben Bernanke received Grade C for preventing a global economic disaster but failing to see it coming. He also shares the blame for plating the seeds of the next crisis due to the growing massive US debt. In the Central Banker Report Cards 2009 by Global Finance, there was a handful …
The 50 biggest banks in the world based on total assets was released by the Global Finance magazine. The number of banks with more than $1 Trillion in assets grew to just 25 from 24 due to the credit crunch last year. Source: Global Finance The total assets of banks of Citibank(C), Royal Bank of …
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Emerging markets are the best performing markets this year. In the emerging markets, the main market index of countries like Brazil have skyrocketed year-to-date (YTD) relative to other countries. For example, the MSCI Brazil Index ETF (EWZ) is up an incredible 99.42% as of September 30,2009. Some of the Latin American ADRs have also have …
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The Global Finance magazine has published the best banks for 2009 in the global, regional and country categories. The list includes the best banks in 123 countries and 11 key banking categories. The winners were selected based on both objective and subjective criteria.”Objective criteria included growth in assets, profitability, geographic reach, strategic relationships, new business …
Despite the significant rise in the markets from the March lows, not all the stocks are up year-to-date (YTD). While many ADR stocks are in the positive territory for the year some are still down heavily. The Five Best and Worst Performing ADRs YTD are listed below. The Five Best Performing ADRs: Company: Spreadtrum Communications …
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