The past year saw a wave of consolidation in the US banking sector, with many regional players expanding their footprint through acquisitions and leaping up the ranking as a result. Joy Macknight reports.
AN IMPRESSIVE 72 OF THE TOP 100 BANKS IN THE REGION INCREASED THEIR TIER 1 CAPITAL OVER THE COURSE OF 2020 However, as in other regions, generating profits proved more elusive. Only 28 banks in the ranking managed to increase their year-on-year profits, and five moved into loss terr...
This year's African Banks rankings indicate that the industry, as a whole, has continued the process of growth and reform. Multinational banks lead the way, and South African banks, as usual, take most of the top spots. Encouragingly, regional banks are rationalising operations, enabling them...
Gainers:First Foundation (FFWM) +12%.RBB Bancorp (RBB) +12%.Metropolitan Bank Holding (MCB) +12%.Independent Bank Group (IBTX) +11%.Hudson Pacific Properties (HPP)...
SPIRALLING OIL PRICES--extending above $145 a barrel in the summer--have enriched the prospects of many regional banks as well as profits for calendar 2008, despite an unabated global credit crunch and mountainous bad debts hitting the balance sheets of western banking giants (notably UBS and Ci...
Public data showed nearly half of the foreign banks registered with Chinese central regulators have set up their regional headquarters in Shanghai. Standard Chartered has noticed the difficulties that companies, especially small and micro-sized ones, have confronted due to lockdown measures. The bank...
With Singapore being a regional hub for multinational companies3and home for over 4,000 startups4, the country’s banks have an array of services for businesses of all sizes and industries. Opening a corporate bank account is a straightforward process for locals and foreigners alike, as long ...
Public data showed nearly half of the foreign banks registered with Chinese central regulators have set up their regional headquarters in Shanghai. Standard Chartered has noticed the difficulties that companies, especially small and micro-sized ones, have confronted due to lockdown measures. The bank...
A subsidiary of Hope Bancorp, Bank of Hope is both the first and currently the only super-regional Korean American bank in the U.S. Bank of Hope was originally founded in Los Angeles, enabling it to provide financial services to the largest Korean American community in the nation. ...
U.S. News rank: 7 (tie), Regional Universities (Midwest) Overview: Co-ops at Kettering University begin during a student's first year on campus. Students alternate between taking classes and working with an employer partner each 12-week period, equating to up to two and a half years of ...