Though the cycle seemed to have started from Sovereign downgrades in 2009, it is more or less back to Bank downgrades though a lot is happening on all the four fronts around the same time. Greek debt is now demanding…
Though the cycle seemed to have started from Sovereign downgrades in 2009, it is more or less back to Bank downgrades though a lot is happening on all the four fronts around the same time. Greek debt is now demanding…
Income and profits have been showing a double-digit growth at Standard Chartered over the six months of 2010 and it will be in its own league when it presents growth banking on Malaysia, Indonesia, Hong Kong and Singapore next month.…
Image via Wikipedia What we think: less rate hikes, more liquidity, removal of stimulus If you are still bothered more about the India china story as read by the sturdy and stable Indian system that refused to buckle in 2008…
Image by Mike Licht, NotionsCapital.com via Flickr AIG owes the American taxpayer $120bln. that may seem less given that it could easily be the monthly allowance for the Feds this year if QE is approved in 2 days and slowing…
Dealbook tells us that the first greek confession has happened. Credit Agricole, the French bank, pushed back profit targets for struggling Greek unit Emporiki on Tuesday and will take a 400 million euros ($536.7 million) write-down as Greece fights its…
Nearer to the echelons of power, a psychologically displaced group of Indians and disgruntled/muddled global corporations ring fence the corridors of power but continue to form a shabby third / sometimes second tier of investments in the country. Reliance is…
General Motors with a 61% stake from the Treasury/Government is being readied for an IPO with its 12% market share and sales of less than 150k cars a month. The 61% stake would be hard to let go but the…
And here’s Prudential ready to break up into pieces for buying AIA. I am not so sure we are achieving anything out of this $35 b purchase but domestic monopoly rules would be tougher in each country esp in insurance,…
Early last week, Greece’s villainy of mismanagement quickly covered lost ground in out pacing Goldman Sachs and their friends the Clintons from the headlines. Greece was however soon lost in the details as the devils of program trading were raised…
The magic of any large bank can fade away when it ramps up costs without due notice to the market experts. the bullring around India probably will take time to recover from State Bank of India’s operational cost increases with…
| INDU | 0.00 | ||
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