One of the worst performing sector in the current bear market is the financial sector. Many bank stocks are down over 50% or more. The financials in the S&P 500 Index is down 56.3% year-to-date. On the international level, many well known banks have had to raise capital to stay in business.Others have been gobbled …
The October issue of Global Finance magazine featured The World’s Top Ten Safest Banks for 2008. The Banks were selected based on: A comparison of the long-term credit ratings (issued by S&P, Moody’s and Fitch’s) Total assets of the 300 largest banks in the world. The World’s Top Ten Safest Banks 2008: [TABLE=117] Of the …
Investors have seen the collapse of many banks worldwide since 2007.Some of the collapsed banks include the following: Northern Rock, Bradford & Bingley – UK Fortis – The Netherlands Dexia – Belgium Lehman Brothers, IndyMac, Bear Stearns, Washington Mutual and a few small ones – USA Today Germany’s second biggest commercial mortgage lender “Hypo Real …
Continue reading ‘The Complete List of Top Banks Countrywise’ »
Though Singapore is tiny city-state it has many banks.There are over 100 foreign banks since Singapore is becoming an offshare tax haven in recent years. Locally there are local large commerical banking companies. DBS and UOB trade in the pink sheets market in USA. The 3 banks are as follows: 1.DBS Bank Limited (DBSDY) Market …
The following are the top banks in South Korea.If a bank is listed in USA as an ADR the ticker is in brackets. The market cap is based on the ADR price as of Oct 24,2008. 1. Kookmin Bank (KB) Market Cap (as of Oct 24,2008):$8.5B 2.Nonghyup Bank 3.Shinhan Financial Group (SHG) Market Cap (as …