Financials are up a mere 1 per cent in 2018 but the big US money centre banks
have passed the Fed stress tests for six successive years begun to boost Basel Tier One capital ratios and boost return on equity and raise share buybacks/dividend yields.
Serbun, who has more than 34 years of experience in the banking industry, has served in various roles with larger money centre banks
and regional community banks.
The choice of its investment banking advisors, underwriters and listing exchange reflects the House of Saud's historic political and economies relationships with American oil super majors and money centre banks
I am afraid US equities are overvalued at 17.6 times earnings, despite the recent rally in money centre banks
and breakdown in correlations between stocks and oil prices after Doha.
Summary: US money centre banks
will outperform as interest rates rise in 2016, writes Matein KhalidThe global equities market slumped in mid December 2015.
Fundtech's payment hub software provides money centre banks
with the ability to achieve enhanced payment efficiency, cost effectiveness, visibility and compliance by operating global payment functionality through a single software instance.
Linda Parish has been in banking for over 25 years starting out at Goldman Sachs AG, and with large money centre banks
such as JPMorgan Chase Bank and Bank of America, where she was a vice president and commercial banker specializing in middle market banking and commercial growth.
Stock Pick - What next for American money centre banks
Money centre banks
have been raising concerns that highly leveraged real estate markets may have placed lending institutions (including many of those same money centre banks
) at risk.
The mere hint of monetary/credit stimulus is enough to galvanise the Hang Seng index since it is 50 per cent weighted in financials, led by HSBC and China's Big Four state owned banks which trade at rock-bottom five to six times earnings (for good reason, the PRC's biggest money centre banks
have been recapitalised twice since the late-1990s).
In fact, while US money centre banks
have raised $600bn in fresh capital since 2008, their dominance in the capital markets has risen with the exit of UBS, RBS, Lloyds, Bear Stearns and Lehman from investment banking.
Fundtech's payment hub software serves money centre banks
. The company has approximately 1,600 total staff with operations in 19 countries and a blue-chip customer base of 1,200 clients that includes many of the world's leading financial institutions.