The complete list of foreign bank stocks trading in the organized U.S. exchanges are listed below: a) Foreign Banks [TABLE=296] b) Canadian Banks [TABLE=297] In terms of performance, British bank Royal Bank of Scotland(RBS) is up 29% YTD. Barclays(BCS) and Llyods Bank(LYG) are up about 15% YTD. It must be noted that RBS fell heavily …
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Financial stocks have rallied 140% since last March’s lows. Many investors are wondering if financials will continue their run this year given the jobless economic recovery currently underway. An article titled “Do you dare buy banks?” in the latest edition of Bloomberg BusinessWeek mentions that financials in the S&P 500 are expected to rally 16% …
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Large commercial banks are not necessarily better than small community banks based on various quantitative measures. That is the conclusion of a new research report published by A.M.Best titled “Community Bank Advantages Challenge Historical Assumptions“. The study assumed banks with assets of $5B or more as large banks. The following are some of the key …
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Asian banks have relatively strong balance sheets. As per a new CLSA Asia-Pacific Markets report, balance sheets of Hong Kong banks are under utilized. Hence it will become increasingly difficult for regulators to prevent banks from pricing mortgages aggressively. Similar situation exists across Asia. In general most Asian banks would prefer to lend more heavily …
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