SOURCE: Rothman Research

Rothman Research

August 23, 2010 08:51 ET

Shareholders Reports on HSBC and Royal Bank of Canada - How Banks Around the World are Faring?

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 23, 2010) -  www.RothmanResearch.com undertakes intensive analysis of the money center banks industry and provides systematic research on HSBC Holdings plc (NYSE: HBC) and Royal Bank of Canada (NYSE: RY). Sign up today on www.rothmanresearch.com to get access to these free reports and more.

Foreign banks are facing many of the same obstacles that their U.S counterparts are dealing with as well as some unique to their locations. All banks are facing uphill battles with liquid assets and consumer confidence. They're all also adapting to recent legislation enacted in response to the global economic downturn.

www.rothmanresearch.com is a source for investors seeking free information on the money center banks industry; investors and shareholders of HSBC Holdings plc and Royal Bank of Canada are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.

European banks are making strides towards stability in the aftermath of the Greek financial crisis. However, a weaker Euro, credit difficulties and a recent slowdown in economic recovery in the U.S and Japan are currently impeding growth for banks. 

Canadian banks weathered the recession rather well. In the U.S, there have been 275 bank failures since 2008, whereas across the border in Canada none were recorded. Bankruptcies have been less common than the U.S and the unemployment rate has fared better. Banks are still underperforming but are not in the dire straits that some U.S banks are in. Comparing Canada's largest bank, Royal Bank of Canada, to the largest bank in the U.S., Bank of America it is clear that even if the Canadian bank has disappointed analysts of late it is still doing better than the BAC. www.rothmanresearch.com provides technical analysis and free downloadable research report on Royal Bank of Canada by signing up now at

http://www.rothmanresearch.com/article/ry/23884/Aug-23-2010.html

Overall, the outlook and issues vary throughout the foreign banking market. Positive strides towards growth and stability have been made but a myriad of pending difficulties remains for global banks. 

On the earnings side for the Q2 2010, Europe's largest bank by market capitalization, HSBC Holdings plc posted its financial readings in the early days of this month with net profit soaring to $6.76 billion and loan impairments was the lowest the bank registered since the financial crisis begun. www.rothmanresearch.com provides technical analysis and free downloadable research report on HSBC Holdings plc by signing up now at

http://www.rothmanresearch.com/article/hbc/23883/Aug-23-2010.html

Companies looking for additional media or advertising services can call Blue Chip IR at 1-917-267-8836

About Rothman Research

Rothman Research brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities.

Contact Information