The S&P 500 is up around 5% year-to-date. But the benchmark index for the US banking sector, KBW Bank Index has shot up nearly 24% already this year. Bank stocks are hot again after many months of average performance. With the latest stimulus and the upcoming recovery in economy banks are in a sweet spot. With …
The Top Regional Winners in the US listed in the Global Finance magazine’s The World’s Best Banks 2020 are shown the table below. These banks are the top banks in the respective region. For example, the Great Lakes region includes states of Illinois, Indiana, Michigan, Minnesota, New York, Ohio, Pennsylvania and Wisconsin. Minneapolis-based US Bancorp(USB) is …
The Top 10 Global Banks by Assets for 2018 is shown in the chart below. According to the Bloomberg article 9 out of the top 10 banks were Japanese in 1988 before the Nikkei collapsed Before the Global Financial Crisis of 2008, the list was dominated by US and European banks. After the crisis most …
The Global Finance magazine published their 24th annual ranking of the World’s Best Banks by region and country back in May. The criteria for selecting these banks were many ranging from asset growth to customer service. From the news article announcing the winners: In this, our 24th annual survey, Global Finance has identified the best banks in …
