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 […]
Mar 16 2012 | Posted in
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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 […]
Mar 16 2012 | Posted in
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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% […]
Mar 16 2012 | Posted in
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East Asian market is in the midst of the economic ordeal that has devoured the whole world of late. The European Sovereign Debt situation has aggravated the already aching global economy that is still living through the aftermaths of 2008 financial crisis. The East Asian countries were hit severely by the calamity, as their exports […]
Jan 9 2012 | Posted in
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Thailand, one of the promising economies in the Pacific, was struck brutally by the Monsoon floods during the latter half of 2011. The adversity took its toll on factories and countless equipment. The mechanized industry is getting back on its feet but the lack of exports to Europe still keeps the downward trend unchanged. Same […]
Jan 9 2012 | Posted in
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The main reason why the 2008 upheaval occurred was loosely monitored banking sector that showed profits and profits, nothing else, however; in reality the Enron crisis was in the making. The same happened in Europe. However, the US government and the international community for that matter needs to create units which can oversee the operation […]
Jan 3 2012 | Posted in
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More aching is the failing economy of China. During the 2008 episode, the Chinese government issue a $630 Billion easing package to the business sector, like the US, but the industry managed to get out of the crisis, unlike the US. However, the issue that remained un addressed was the encouragement of domestic consumption. The […]
Jan 3 2012 | Posted in
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The reason why the European economy ended in a free fall, yet again was the lack of any long-term financial tools. The free flow of the money from European Central Bank to the commercial and investment ones without a proper check and balance resulted in a gargantuan pile of debt that looked unacceptable in the […]
Jan 3 2012 | Posted in
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The US and the European economy stood on Achilles’ heel the whole year, meaning 2011. Although the 2008 financial crisis settled down after inflicting so much damage to the whole world, its aftermaths are still taking their toll on the employment rate and the debts and borrowing systems in both continents. The US economy is […]
Jan 3 2012 | Posted in
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One factor behind ignorance is the multi-year transition of Chinese leadership that happens once in a decade. The Communist Party is on the verge of transferring the responsibilities to their successors and their plan is to do nothing until the next generation makes it to the helm. However, there are some things that the corporate […]
Dec 26 2011 | Posted in
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The Chinese economy is tumbling down but Chinese leadership seems to ignore the fact and along with the leadership is Justin Yifu Lin, chief economist for the World Bank, who supports the ideology that the economy will continue to grow. In the latest statement, the chief said: “China has the potential to achieve another 20 […]
Dec 26 2011 | Posted in
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True desires of the employees in various organizations all around the North American continent were unveiled in a recent survey conducted by Harris Interactive on behalf of Glassdoor. The research was conducted online with different opinions from 2500 people on Glassdoor’s website, a social network where employees of different companies post experiences of their work […]
Dec 10 2011 | Posted in
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