Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Unending loadshedding erupts protests across country Lahore: (Wednesday, May 30, 2012) Irked by unending loadshedding, people in different cities across country took to the streets today. In various cities, the protestors turned violent and set public property on fire. In a similar incident in Faisalabad, a mob attacked Civil Line office of FESCO. It broke […]
No ending to loadshedding; protests continue in Faisalabad Faisalabad: (Tuesday, March 27, 2012) Despite strict notice by the President Asif Ali Zardari and a stern warning by PM Gilani to end loadshedding within 24-hours yesterday, the electricity remained out of reach for most of cities of Punjab even today. The angry crowd at various cities, […]
Federal Reserve picked the brain of a wise man when they started taking the US banking system seriously. Oh! Or was it the 2008 economic crisis that forced them to think straight? Whatever the case was, the US central bank has taken a serious notice of the US banks and late in 2011, laid out […]
Bank of America BofA cleared the stress test with 5.9% capital ratio. It is not believed to have proposed any additional capital returns after proposed dividend hike was rejected in 2011. Capital One Financial The institute passed stress test with 7.8% capital ratio. Regions Financial The bank passed stress test with 6.6% capital ratio, announced […]
JPMorgan Chase One of the too big to fail, passed stress test with 5.4% capital ratio under stressed scenario, including proposed captal actions through 2013. Increased its dividend 20% to 30 cents per share, from 25 cents, authorized a $15 billion stock buyback. US Bancorp With a margin US Bancorp passed stress test with 5.4% […]
