Nine more banks failed in the U.S. last Friday bringing the total to 115 this year. Still many more are at risk of failure thru the end of this year and next year. Despite the talk of recovery banks are not out of the woods yet. Though the financials in the S&P 500 are up …
Continue reading ‘Could the U.S. Banking Crisis Follow Japan’s?’ »
With two months to go in this year, which of the five top Canadian bank stocks are leading?. Based on 2008 earnings, Royal Bank of Canada(RY) was one of the two Canadian banks in the 25 most profitable banks of the world. Royal Bank is the most profitable bank over the long-term as well. Royal …
Continue reading ‘One Year Performance of Large Canadian Bank Stocks’ »
Western governments bailed out their large troubled banks in the credit crisis in order to protect the financial system. The following chart shows the government bailout funds for recapitalization of banks as a percentage of GDP in 2008: Source: The Wall Street Journal The US government spent the most amount of money to save the …
Continue reading ‘Government Bailout of Banks as a Percentage of GDP’ »
We reviewed the Tier 1 Capital Ratios of large U.S. banks back in June. In this post, lets take a look at the Tier 1 Capital Ratios and Non-Performing Assets (NPAs) of some of the banks from the Unofficial Problem Banks list created by Calculated Risk. CR compiled this list from various press releases from …
Continue reading ‘Tier 1 Capital Ratios and NPAs of Unofficial Problem Banks in the U.S.’ »