In my opinion, the U.S. economy is unlikely to recover without growth in lending by banks. As the world’s largest consumption-driven economy credit is the lifeblood that keeps our economy running smoothly. Despite the billions in bailout money given to banks by the government banks are not lending. Today’s WSJ article Loans Shrink as Fear …
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Electronics manufacturing is one of the large industries in the small city state of Singapore. The government’s policies so far have been successful in attracting foreign capital and companies to invest in this sector. There are four Singapore ADRs that are traded in the NASDAQ market.The following is a brief overview of these stocks: 1.Chartered …
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Insurance income is one of different types of income in the noninterest income portion of a bank’s revenues. For some banks services charges which include overdraft charges can be very high. For others insurance income may be the highest of all noninterest income. On July 18th, I listed the Top 50 bank holding companies ranked …
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As the Federal Reserve plans to implement new rules to regulate banks’ service charges, an article titled TCF Risks Backdraft on Overdraft Fees today in the Journal mentioned five banks that have had high levels of service charges as a percentage of noninterest income. In this post, lets take a look some of the fees …
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Wells Fargo Bank (WFC) and CIBC (CM) have been named the Best Internet Banks for U.S. and Canada respectively for 2009 by Global Finance magazine. The winners were selected based on the following criteria: “strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers, …
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