Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Once upon a time in far-far West we had the US and the UK, the promising and most thriving economies, and on the other side of the globe was Japan playing fist fights with them single-handedly. Then came the God of Economic Destruction and set the world on ‘Stock Fire’. But, two countries saw the […]
China, these days, is facing hard times due to the lack of foreign demand, especially in the US and Europe, economic crisis being one of the reasons. The country’s own domestic consumption is less than satisfactory which has resulted in slow growth rate, somewhere near 2 percent a year, which was once well above 10 percent […]
The fact that the company is now considered something of a ”hot potato” in Washington DC, where the investment bank is losing friends fast, is something investors should worry about, as well. After the 2008 blow, many investors just parried away from the company. Moreover, the bank also attracted opprobrium from the media. It just could not revive from trenches of […]
Bloomberg pointed out, in its defense, however, that Goldman Sachs is a huge employer in New York City, and that as the Mayor it is his duty to protect and defend such companies. Incidentally, Goldman Sachs is also one of the largest customers of Bloomberg Inc. (Mike Bloomberg’s sweet child), which sells its computer data terminals to Wall Street banks, investment and securities firms, and media outlets. The three-time […]
Goldman Sachs is the sinking ship that got hole in the bowls in the midst of the 2008 crisis. What made it worse was the Congressional inquiry that took a toll on its stock price at the Street. However, there is one person who is tipped to take the helm to bring the company to […]
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% […]
After a long wait of almost a year since the first rumour sprung at the Pablo Alto, California head quarters, Facebook is planning to file for the Initial Public Offering at Securities and Exchange Commission on Thursday, February 02 or Friday, February 03. The filing will initiate the process of the social network’s net worth […]
Goldman Sachs is trying to pull some strings on the basis of its former relation with Facebook. The company led the private offering of Facebook but that relation frayed in the past few months. But the investment bank is trying to sway the top management at Facebook for a preference over other competitors. The reason […]
