Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Forget the UK, SBI should look at the Americas
September 24, 2009
State Bank of India open to acquisitions in UK | www.reuters.com
Why would SBI want to invest in the UK? If I was an advisor to SBI that would certainly be the last place I would focus on.Why?No synergies. Too expensive.Although I suppose there is a certain element of pride in attempting to buy into the backyard of a country that ruled and humilated India for too long, there are better international strategies for SBI.
"The banker to every Indian" is following Indian corporations overseas expansion
September 23, 2009
State Bank of India open to acquisitions in UK | www.reuters.com
The SBI which is the largest Indian bank by all measures is expanding its international presence in harmony with the emergence of India has one of the future leader of the world economy.SBI is systematically going after the overseas indian communities aiming at being the dominant banker of the NRIs.SBI is following the expansion of the Indian Corporates internationally.SBI strategy is not unique; the traditional Indian banking sector is going through a process of modernization and globalization.
Customers needs are the same allover E.U.
September 23, 2009
Lending in Europe continues to shrink | www.ft.com
No one could force customers directly, yet good marketing skills and appropriate risk management is always working. Also the rule garbage in garbage out is still the king.
UK banking landscape presents potential for new competitors
September 21, 2009
State Bank of India open to acquisitions in UK | www.reuters.com
The large scale nationalization of the UK banking system leaves open the possibility for new players to enter the marketplace and compete. While American banks are still struggling en masse with capital issues, many foreign banks are not facing those same issues, and are likely to consider the UK for expansion opportunities.
Aiful Debt Moratorium Spells Trouble for Takefuji, Promise
September 18, 2009
Aiful To Ask For Debt Moratorium; Shares Drop 27% | www.nni.nikkei.co.jp
Shares of ailing consumer finance company Aiful Corp. (8515) fell 27% Friday following announcement of plans to seek a delay in repayment of nearly $3 billion in loans. Unsympathetic comments by Japan's Minister for Postal and Financial Services Hon. Shizuka Kamei served further rattle the market, sending many foreign investors running for the door. Market fear is likely to drive down share prices and drive up the cost of capital for major consumer lenders Takefuji and Promise .
Higher defaults in a CRE book don't necessarily translate to more losses
September 16, 2009
Wells Fargo, Fifth Third Add to Predictions of Higher Defaults | www.bloomberg.com
One of the most compelling contrasts between the 2007-08 (and still ongoing) meltdown in the residential housing market, vs. the forecast bubble-burst in commercial real estate for 2009-10, is the methodology banks and lenders use to forecast losses. This contrast will definitely lend itself to more transparency and clarity with this current lending crisis vs. the previous residential and consumer meltdown.
The rules of the game must change for Banks
September 16, 2009
Lending in Europe continues to shrink | www.ft.com
Banks are crucial to the proper functioning of a capitalist economy and must therefore be treated differently to other businesses. If a bank is too big to fall it must surrender some of its freedom to operate in the free-market and expose it self to much more stringent regulatory control and government interference (unfortunately)....otherwise the whole system can fall again!
September 11, 2009
Banking On Fantasy | www.forbes.com
Several top Institutional Investors have equity invested (albeit a extremely low percentage of capital invested), along side longtime directors, executives and investors in CASCADE BANCORP.
Location, Location, Location... & Transparency
September 9, 2009
Cascade Bancorp enters into agreement with FDIC | www.bizjournals.com
With the recent history of global & US banks equity stripping, and US banks closed by the FDIC, it is due time for Bank Holding Company management to provide clear and concise press releases on a very urgent and timely basis.
All hands on deck, full steam ahead
September 7, 2009
Cascade Bancorp enters into agreement with FDIC | www.bizjournals.com
Both the FDIC and the board supporting executive management of Cascade Bancorp are doing their job to the best of their abilities.
Will Santander's IPO Charge UP Earnings
October 22, 2009
"The banker to every Indian" is following Indian corporations overseas expansion
September 23, 2009
All hands on deck, full steam ahead
September 7, 2009
CACB Shareholders: For Whom the Bell Tolls
September 4, 2009
Indian ATM Sharing Reminiscent of Earlier US Pattern
August 27, 2009