Banks Tag

Where Banks Are Performing Well In The World

22 Apr, by Knowledge Leaders Team in Markets

There is an old belief that when bank stocks are doing well, the economy must be doing well also. With this in mind, we decided to take a look how the banking sectors have performed in seven different countries: USA, Germany, United Kingdom, France, Japan,...

No Need To Take A Flyer On Canadian Banks

07 Apr, by Knowledge Leaders Team in News

USD based investors should be wary of Canadian banks.  Canadian banks have taken a beating in 2015 and the near-term trend doesn’t look to be abating anytime soon. The average USD performance of a Canadian bank year-to-date is a ”correction” worthy -13%....

Spanish Banks Start the New Year on a Positive Note

09 Jan, by Knowledge Leaders Team in Uncategorized

Government bond yields in Europe have declined rather rapidly in the new year– and Spain is no exception: Earlier today, the country followed in the footsteps of Ireland as its first auction of 2014 produced better than expected results.Perhaps, then, it is no surprise that...

More on European Banks: Italy

19 Nov, by Knowledge Leaders Team in Uncategorized

Following in Spanish banks’ footsteps, the Italian Banking Association announced a 23%yoy increase in non-performing loans in the month of September.  The total of about €145 billion accounts for nearly 7.5% of lending (up from just under 6% in the same month last year)....

Spain’s Doubtful Debtors

18 Nov, by Knowledge Leaders Team in Uncategorized

After a brief decline late last year and into 2013, non-performing loans at Spanish banks increased again in September and now account for 12.7% of lending (up from 12.1% in August and 10.1.% a year ago): Financial companies have been the worst performers in MSCI...

European Banks On A Tear

10 Oct, by Knowledge Leaders Team in Uncategorized

Over the last 3 months, every bank in Europe has outperformed the MSCI World Index, some by 50-70%. Two-thirds of the companies sell for below book value....