The BusinessWorld magazine recently named “The Best Banks in India” for 2010. The winners were selected based on a survey by conducted by the magazine with PricewaterhouseCoopers. Presenting the awards the Finance Minister pointed out: The core capital (as measured by Tier I capital) in Indian banks, made up about 70 per cent of the …
The Global Finance magazine recently published the list of biggest banks in emerging markets. The table below lists the ten biggest banks in Asia for 2010. These banks were ranked based on their total assets as of September, 2010. The data was provided by Bankersalmanc.com. [TABLE=858] Note: *Asset figures provided by bank Chinese banks dominate …
The Banker magazine awarded the annual ranking of the best banks by country for 2010 this week. The winners were selected from more than 500 entries. The best banks were selected based on their performances over the past 12 months. The global winner for this year is UK-based Standard Chartered Bank. The winners of The …
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The Top 10 Hungarian banks based on assets as of December 2009 are listed below: [TABLE=687] Source: FT Foreign banks have invested heavily in Hungarian banks. For example, MKB is majority owned by BayernLB. Raiffeisen is one of the leading Austrian Banks. CIB is majority owned by Intesa SanPaolo of Italy. GE(GE) of U.S. owns …
The world’s best stock in terms of returns is not a U.S.-based company stock. Many people assume that Warren Buffet’s Berskhire Hathaway is the world’s best stock. However that is not true. According to the Swedish business daily Dagens Industri’s stock market expert and author Björn Wilke, Sweden’s Handelsbanken is the best stock in the …