European Banks Lagging
With a cloudy economic growth outlook and talk of recession as markets head into the final months of 2019, there have been analyses pointing out that European banks are looking weak. From that, we decided to look at the banking industry players by various region and see where the growth has been. And it is […]
Camel’s Nose Under the Tent? – Fed Approves the Acquisition of US Branches by Chinese Bank
A news report came across the wires earlier announcing that the Fed had approved the acquisition of the US branches of the Bank of East Asia by ICBC, the Chinese bank. This has been a year in the making as we covered back in Jan 2011 in this article. That is when it was announced […]
How Do We Count Revenue For Banks?
When building and updating a B2B database, we try to gather revenue for each company so it is on a comparable basis as companies in other industry sectors. It sounds fairly simple and straight forward – however, it is not always that easy. In those financial organizations that have a mix of business lines in […]
The Banking Industry Continues Sending Shudders
This past week, the European banking industry continued making everyone nervous and now comes the news that Bank of America is cutting 30,000 jobs. In recent weeks, there have been a number of banks shedding non-banking operations as they line up equity to meet increased regulatory obligations. Obviously, with the banks holding the money and […]