The South African equity market is considered as one of the frontier markets. Most investors consider South African as an investment destination related to natural resources such as gold, silver, etc. However some banks in South Africa may offer good opportunities for investors looking to gain exposure to the banking sector in that country. The …
The total number of banks in the U.S. declined further last year. At the end of 2008, about 7100 banks were in operation compared to 7300 in 2007 as per the Federal Reserve Bulletin, June 2009. From over 12,000 in 1990 the number of banks has fallen to 7100 last year.The share of assets held …
On Friday Feb 20th, US banks Bank of America (BAC) and Citigroup (C) fell heavily on huge volume due to nationalization fears. Bank of America fell to $2.53 before ending the day at $3.79 after the White House reassured investors that nationalization was not in the cards. Similarly Citibank closed at $1.95. BAC is down …
Have you ever wondered how much of the total outstanding loans in the USA is related to residential mortgages? Residential mortgage loans have been attributed as the main culprit behind the credit crisis. To be more precise, it is the sub-prime residential mortgages. Some say that other type of loans such as credit cards, commercial …
Continue reading ‘Composition of Loan Portfolios of FDIC-Insured Institutions’ »
Created in 1933 to restore confidence in the nation’s banking system, the The Federal Deposit Insurance Corporation (FDIC) insures deposits at 8,384 banks and savings associations in this country (Source: FDIC News Release – 2/5/2009). A vast majority of these FDIC-insured banks are small and medium community banks. In this article lets review the community …
Continue reading ‘What Is The Future Of US Community Banks?’ »