The country of Chile is a top copper producer in the world. While many banks have failed in the developed countries Chilean banks have remained stable. The economy has held up well. Recently an article in Business Week discussed about the growth of the IT industry in Chile. US companies are outsourcing their IT work …
One of the factors considered by investors when selecting a country for investment is the amount of deficit/surplus held by that country.Generally surplus countries are better than deficit countries. The following chart shows the general government deficit/surplus as a percentage of GDP countries in Europe as of 2008: Source: Statistics Norway Scandinavian countries top the …
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The Top Ten Australian Banks based on Assets and Deposits as of June 2009 are listed below. This list was compiled with data from the “Monthly Banking Statistics” report released by the Australian Prudential Regulation Authority (APRA) on July 31st.The Top Ten Australian Banks by Assets [TABLE=175] The Top Ten Australian Banks by Deposits [TABLE=174] …
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In the Fund Track column Not All Bank Funds Fell Over Past Year on August 13, The Wall Street Journal highlighted three top performing financial services mutual funds. These three funds were up in the past year when most financial stocks and ETFs collapsed. Two of the funds were up more than 10% in the …
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On August 20th, the Journal had a piece titled “At Europe’s Banks, Riskier Tack on Capital” discussing the financial strength of European and U.S.banks. Banks in continental Europe have strengthened their finances through “strong earnings, benign markets, dividend cuts and some asset sales”. However unlike their British and American peers, they have not increased their …
Continue reading ‘Tier 1 Capital Ratios Comparison: U.S. Vs. European Banks’ »