Wells Fargo: The World’s Most Valuable Bank

US-based Wells Fargo(WFC) has come the world’s valuable bank bank based on market capitalization, according to an article in The Wall Street Journal today. Wells Fargo exceed the market capitalization of ICBC (IDCBY) of China recently. Click to enlarge Source: Wells Fargo & Co. Is the Earth’s Most Valuable Bank, The Wall Street Journal, July 22, 2015 …

Continue reading ‘Wells Fargo: The World’s Most Valuable Bank’ »

On the Tier 1 Common Ratio of Large U.S. Banks

In October of last year the European Banking Authority published the results of its stress test results of European banks. Most of the banks studied by the agency passed the test with only 13 identified to need extra capital including  Banca Monte dei Paschi di Siena SpA of Italy, National Bank of Greece(NBG). From a Journal …

Continue reading ‘On the Tier 1 Common Ratio of Large U.S. Banks’ »

A Note on the “Big Four” in Four Countries

In many countries across the world banking industry is dominated by a handful of banks. These banks are the largest in those countries based on factors like market capitalization, market share of deposits, home mortgages, etc. In a few countries just four banks dominate the industry. These banks are called as the “Big Four”. According …

Continue reading ‘A Note on the “Big Four” in Four Countries’ »