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China's biggest banks remain resilient, while some smaller and weaker institutions are getting weaker. S&P Global Ratings has been regularly writing about this "Matthew Effect," a polarization brought home this year with the Chinese government's takeover
Goldman Sachs did not disclose any other information about its involvement with 1MDB, but said the impact on its client franchise had been de minimis. Shares of the bank, which reported strong fourth-quarter results earlier in the day, have fallen over 25% in the last three months, after h...
In recent years, banks have incorporated sustainable development strategies to achieve competitiveness in the financial market. However, the primary concern for banks is the financial pressure to implement sustainable environmental practices. In addition
SBI is the largest Indian bank with a 1/4th market share. Moreover, the bank serves over 44 crore customers through its wide network. It has more than 20,000 branch offices, 58,500 ATM centres, and 66,000 BC outlets. Also, the bank has presences across the globe in 22 countries wit...
Inside US airport terminals, banks are merging elite travel clubs with branch offices Kevin WilliamsFri, May 3rd 2024 The bad loan term that's back for banks trying to spot a recession Tim MullaneySun, Apr 23rd 2023 These undervalued, 'inflation-proof' assets could outperform in Q4 Lizzy G...
Now that the bulk of first-quarter earnings season has passed, <I>TheStreet</I> identifies six actively traded banks that grew their net interest income and their net interest margins.
Denmark’s banking sector is concentrated, with large assets and a number of both domestic and smaller banks. However, there are still some international banks with a presence in the country. A handful of larger banks dominate the market, such as Danske Bank and Nykredit. ...
[Capital One and Discover] are two of the top 25 institutions with the highest credit card rates. A merger would likely increase their power at the expense of consumers, threatening financial security and access to credit.” — Amanda N. Jackson, director of consumer campaigns, Americans for...
Banks | China Lucy Feng Macro and monetary policy Macro and monetary policy CPI inflation likely to stay on uptrend throughout 1H11F China's CPI inflation surged to 5.1% y-y in November, the fifth consecutive rise since June 2010, and the highest reading in 28 months (source: CEIC data)...