Posts Tagged ‘Banks’
May 28, 2015 | 
Author SNL Financial Ranks the 10 Largest Banks and Building Societies in the UK
London, UK (PRWEB) May 28, 2015
SNL Financial has released a new report exploring the state of the U.K’s banking system. Using the latest financial data, the report contains a ranking of the U.K’s 10 largest banks and building societies, an economic and industry overview, risk profile of the sector, branch network information, profiles of the major banks, M&A, regulation and a summary of common stock offerings.
Highlights:
Among the top four U.K. banks, HSBC’s 7.46% ROAE, 1.83% net interest margin and 64.16% cost-to-income ratio put it in the leading position in 2014.
Among the big four, Lloyds Banking Group had the lowest gross impaired loans ratio at 2.93% in 2014 while its Core Tier 1 ratio of 12.80% was the strongest.
At the other end of the spectrum, Royal Bank of Scotland Group had the highest proportion of gross impaired loans at 8.04% and was the only bank among the four to report a loss for 2014. The company also reported the worst net interest margin and cost-to-income ratio at 0.94% and 88.03%, respectively.
The U.K. banking sector held £7.927 trillion of assets as of June 30, 2014, down 14.7% since June 30, 2010.
U.K. banks have far fewer branches than their peers in other parts of Europe. In 2012, the U.K. had 1.8 branches per 10,000 residents, compared to between 4.5 and 7.2 branches per 10,000 residents in Spain, France, Germany and Italy in 2013.
From Jan. 1, 2013, to March 18, 2015, U.K.-based banks have completed 22 common stock offerings worth more than £13 billion, according to SNL data.
Notes: SNL Financial is publishing a number of similar analyses for other key economies across the globe. To request data on other regions, please email pressrequests(at)snl(dot)com. Please do not reproduce this report in its entirety.
About SNL Financial
SNL Financial is a leading provider of financial information on more than 6,500 public companies and 50,000 private companies in business sectors critical to the global economy: Banking, Financial Services, Insurance, Real Estate, Energy, Metals & Mining, and Media & Communications. The SNL information service integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Related Economics Press Releases
GBX Technologies Offers Complete MT4 White Label and Technology for Banks and Brokers
Hong Kong (PRWEB) June 10, 2014
GBX Technologies Ltd, the Hong Kong-based developer of bespoke foreign exchange technology solutions, has launched its Broker in a Box™ offering to provide free white-labeled MetaTrader 4 platforms to Brokers and qualified Introducing Brokers. GBX’s MT4 offering combines MetaQuotes’ award-winning trading MetaTrader 4 trading technology, GBX’s industry-leading BankLink Bridge, FOREX and Metals liquidity, GBX’s payment processing solutions, and GBX Risk – its comprehensive risk management solution.
“We have elevated brokerage support services to a new industry standard with GBX’s turnkey Broker in a Box™ scheme,” explains Michael Judge, President of GBX Technologies Ltd Asia. “GBX defrays the cost of the MT4 white label – now valued at US$ 5,000 – and bundles the white label with GBX’s Bridge, unparalleled FOREX liquidity, and related offerings including GBX Risk, our proprietary risk management offer that currently services more than US$ 1.4 Billion in daily retail flow. This represents substantial technology savings that Brokers can invest in their client-facing activities including sales, marketing, and customer support.”
Broker in a Box™ is offered to existing Brokers, new Brokers, and Introducing Brokers who are looking to derive more revenue from their retail client order flow and reduce their technology costs. Subject to minimal client trading activity, the new scheme provides sell-side industry participants with all of the technology, liquidity, and risk management solutions required to operate a successful FOREX brokerage.
“Our Broker in a Box™ offering has been very well received by the sell-side of the industry. As established Brokers and start-up Brokers can now deploy a customized MT4 instance and launch it with the largest pool of aggregated FOREX and Metals liquidity in the retail market – and A-Book or B-Book using GBX Bridge – for basically nil, it presents a very compelling argument to recalibrate their technology footprints,” adds Mr. Judge. “ We offer a complete suite of products and support infrastructure to support our clients from start-up to being able to compete on a global basis. Our technology and liquidity are second to none.”
About GBX Technologies Ltd
GBX Technologies Ltd is the Hong Kong-based developer of advanced foreign exchange technology solutions, combining bespoke hardware solutions with proprietary software applications encompassing bridging solutions, risk management, liquidity distribution, charting and analytics, and prime brokerage.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Posted in Foreign Exchange | 
Tags: Banks, Brokers, Complete, Label, Offers, Technologies, Technology, White | 
No Comments »