Wells Fargo Bank (WFC) and CIBC (CM) have been named the Best Internet Banks for U.S. and Canada respectively for 2009 by Global Finance magazine. The winners were selected based on the following criteria: “strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers, …
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The Best Banks of Russia in different categories for 2009 as per Global Finance magazine are as follows: Domestic -Â Â Â VTB Foreign -Â Â Â Citi (C) Regional -Â Â Â UralSib Domestic Investment – Â Â Â Troika Dialog Foreign Investment – Â Â Â Credit Suisse (CS) Commercial -Â Â Â Sberbank Consumer -Â Â Â Raiffeisen (RAIFF.PK) Foreign Exchange -Â Â Â VTB Domestic Trade Finance …
Many of the U.S. banks diversified in the past few years to get into the insurance field. Some started their insurance operations while the majority of them acquired insurance companies or agencies. Today large banks such as Well Fargo (WFC) derive a large amount of income from their insurance divisions. The following chart lists the …
On January 2nd this year, Stifel Nicolaus released a list of top U.S. bank choices for this year based on its research. The top bank choices were: BancorpSouth (BXS) City Holding (CHCO) Danvers Bancorp (DNBK) First Horizon (FHN) People’s United Financial (PBCT) TCF Financial (TCB) Stifel Nicolaus said: “Though not unscathed by the credit cycle, …
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HSBC Holdings Plc (HBC) of U.K. was awarded the title of “Best Global Bank” by the highly respected Euromoney magazine in London on July 8th. Congratulating the bank Euromoney said: “After a period in which banks suffered for putting too many eggs into too few baskets, one of the things that stands out at HSBC …