Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Facebook is in the stock market, officially. What the company brings is an extra capital boost to its already-thriving enterprise, the social network that has around 900 million subscribers. The first day of trading gave the company an extra capital gain of $16 Billion, closing the trade at $38.23 a share. At the day’s start […]
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JP Morgan Chase is one of the biggest investment banks and brokerage companies in the world. However, last week, the bank was on the verge of losing in the tune of $2 Billion in a trading loss. Though the catastrophe was evaded at the nick of time but the top management has not ignored the […]
Texas showed a steady and firm performance in the last three years. It was among the last US states who fell victim to the 2008 recession and was the first one to get out of the ordeal. Prosperity did not show an upward performance this year only, but it has been in the thick of […]
The list of top 100 banks is out, based on a recent survey that combed through the data of this year’s financial statements and the recent submissions by these banks on December 1. The banks in the list range from $4.6 Billion Beneficial Mutual Bancorp to goliaths like $2.3 Trillion worth JP Morgan Chase. The […]
Federal Reserve laid out a stress test for major financial institutions in the US. There are currently 19 banks on FRS’ subject-list; among them major parties are Bank of American, JP Morgan Chase and Goldman Sachs Group. The statement issued by the Fed ordered these financial goliaths to undertake a test to see if they […]
