China Citic Bank (CHCJY) 15.8600 $CHCJY
BBVA's Citic Sell-Down Shows Foreign Bank Frustration
Doug Young - Seeking Alpha - Tue Jan 27, 2:08PM CST
Bottom line: China needs to accelerate the opening of its banking sector to foreign participation, or risk losing overseas expertise and investment dollars that could revitalize the sector. Spain's Banco Bilbao Vizcaya Argentaria (NYSE: BBVA )...
CHU: 16.90 (+0.04), TEF: 15.01 (+0.01), HSBC: 46.13 (-0.01), BAC: 16.61 (-0.06), RBS: 11.97 (+0.01), BBVA: 9.69 (+0.24)
Citic Bank Orphaned By Spain's BBVA
Doug Young - at Seeking Alpha - Wed Dec 24, 3:03AM CST
Bottom line: BBVA's cut-back in its alliance with Citic represents the latest divorce between western banks and Chinese partners, with little new foreign investment likely in the sector for the next 2-3 years. A trend that's been quiet for more...
BBVA: 9.69 (+0.24)
Bank Stocks - Forget Canada, Buy China
Mark Liew - Seeking Alpha - Wed Dec 10, 1:54PM CST
Canadian Banks In a previous post last month, I wrote about how Canadian banks were trading at dangerous valuations. Since then, the 4 large Canadian banks have all reported disappointing earnings, and the stocks have sold off about 4% (there...
BMO: 63.14 (+0.31), TD: 44.57 (+0.14), RY: 62.26 (+0.23), BNS: 53.90 (+0.63)
BBVA's Citic Sell-Down Shows Foreign Bank Frustration
Doug Young - Seeking Alpha - Tue Jan 27, 2:08PM CST
Bottom line: China needs to accelerate the opening of its banking sector to foreign participation, or risk losing overseas expertise and investment dollars that could revitalize the sector. Spain's Banco Bilbao Vizcaya Argentaria (NYSE: BBVA )...
CHU: 16.90 (+0.04), TEF: 15.01 (+0.01), HSBC: 46.13 (-0.01), BAC: 16.61 (-0.06), RBS: 11.97 (+0.01), BBVA: 9.69 (+0.24)
Citic Bank Orphaned By Spain's BBVA
Doug Young - at Seeking Alpha - Wed Dec 24, 3:03AM CST
Bottom line: BBVA's cut-back in its alliance with Citic represents the latest divorce between western banks and Chinese partners, with little new foreign investment likely in the sector for the next 2-3 years. A trend that's been quiet for more...
BBVA: 9.69 (+0.24)
Bank Stocks - Forget Canada, Buy China
Mark Liew - Seeking Alpha - Wed Dec 10, 1:54PM CST
Canadian Banks In a previous post last month, I wrote about how Canadian banks were trading at dangerous valuations. Since then, the 4 large Canadian banks have all reported disappointing earnings, and the stocks have sold off about 4% (there...
BMO: 63.14 (+0.31), TD: 44.57 (+0.14), RY: 62.26 (+0.23), BNS: 53.90 (+0.63)
