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Sovereign wealth funds

Sovereign wealth funds

An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets

Securitisation is not dead

Securitisation is not dead

By Michael Heise, chief economist Allianz Group/Dresdner Bank

Monday, June 23, 2008

The world’s largest banks 2007, with data from Moody's


Prospects for the world’s top banks once again vary from region to region, though they remain unambiguously interconnected.




By Jeanne Del Casino - Moody's Regional Credit Officer, Latin American Banks

Methodology

Table: Top 20 banks globally by shareholder equity

For premium subscribers only:   Full results: 2007 Bank atlas

                                                            Table: Top 250 banks globally by shareholder equity  Large banks in the US and Europe have struggled to contend with spiraling credit costs, write-downs of structured products, and liquidity pressures stoked by the US subprime crisis. Meanwhile, banks in Asia, Latin America, the Middle East, and other emerging markets remain on course, financing credit growth, diversifying into new consumer and overseas markets, and generating a broad array of M&A transactions, supported by still robust, though decelerating, local macroeconomic conditions. ...

More information on bank atlas: the world's largest banks


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Some senior executives within banking are, in private of course, admitting the current composition of boards is not serving the industry’s best interests

Fewer than one in three directors of 17 banks outlined in Board stupid has any direct experience of the banking industry. Most worrying for shareholders, only one in 10 directors are former bankers in a non-executive role.

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