With less than two weeks remaining this year, its time to take a quick look at the performance of foreign bank stocks. In this post, let me list the five best and worst performing foreign bank ADRs. The 5 Best Performing Foreign Bank Stocks YTD: 1.Banco Macro (BMA) Country: Argentina YTD Change: 171% 2.Woori Finance …
Continue reading ‘The 5 Best and Worst Performing Foreign Banks YTD’ »
According to WSJ, European Banks’ UAE Exposure Totals $83.7 Billion. The breakdown is as follows: UK banks = $49.5B French banks = $11.3B German banks = $10.2B Dutch banks = $4.7B Swiss banks = $4.3B Italian and Belgian banks = $3.2B The British banks that have large exposure to Dubai World are:Â HSBC Holdings (HBC), …
Continue reading ‘Which Foreign Banks Have Large Exposures to Dubai World?’ »
Some of the foreign banks that fell heavily during last year and early this year are still languishing under the $10 range. Most of them either don’t pay or have suspended dividend payments. The following is a list of Foreign Bank ADRs that closed at under $10 as of 1/05/2009: 1.Bank: National Bank of Greece …
Despite the astonishing run up from this year’s March lows, some investors are searching for reasons to invest in bank stocks. There are many reasons to avoid to them but there are also some who believe that some banks are worth looking into.In this post let me list 9 U.S. banks in two sets that …