Posts Tagged ‘Largest’

SNL Financial Ranks the 10 Largest Banks and Building Societies in the UK














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.































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Related Economics Press Releases

Jake Jabs Pledges $ 10 Million Toward Entrepreneurship Center, Largest Gift in CU Denver History










Denver, CO (PRWEB) May 01, 2013

The University of Colorado Denver Business School is poised to dramatically expand its entrepreneurship education, research, programmatic reach, and caliber—thanks to a $ 10 million pledge by Jake Jabs, founder and CEO of American Furniture Warehouse, to CU Denver.

With this gift, the newly renamed Jake Jabs Center for Entrepreneurship will expand its annual Business Plan Competition to encompass universities throughout Colorado and the West. It will enable the build-out of a named marquee space for the new Business School building. It will fund new endowments for a professorship, faculty research, programming and operations.

In sum, Jabs’ gift will strengthen all aspects of the entrepreneurship center, foster connections between entrepreneurs and students region-wide, and bolster the center’s stature as it progresses toward becoming one of the top academic entrepreneurship centers in the nation.

Jabs’s gift is nearly double the total of the largest prior cash commitment to CU Denver, and leads a wave of more than $ 20 million in private support toward the CU Denver Business School within two years.

“Jake Jabs is a highly accomplished and well-regarded businessman who has done a considerable amount for Colorado and the Denver community,” CU President Bruce Benson said. “His contribution to the Business School will help CU Denver nurture the next generation of business leaders and deepen our connections with the Denver business community.”

Jabs has supported an entrepreneurship center at Montana State University in addition to numerous charities. He chose to make this transformative gift to CU Denver’s Jake Jabs Center for Entrepreneurship, where he has guest-lectured on occasion, as part of his broader personal goals of celebrating entrepreneurial values, and of raising the bar to keep American university graduates competitive in a global marketplace.

“What motivated me to get more involved with CU, frankly, is Madhavan Parthasarathy, said Jabs, referring to the center’s director, a CU Denver associate professor of marketing. “We think a lot alike. We both come from humble beginnings. We believe in living below our means. We have quite a bit in common, in terms of our philosophy of life.”

Parthasarathy, who has known Jabs for seven years, thinks the gift’s most immediate and visible impact will be on the annual Business Plan Competition; the 2013 competition will culminate June 18. “The goal is to get as many students involved as possible, whether within the Business School, or in engineering, music, or other fields,” Parthasarathy said. “Next year, the business plan competition will be open to a much broader range of schools, which will give our center a real regional impact.

Until the last 30 years, few American universities had formal entrepreneurship programs. Since the 1980s, there has been increased prevalence and interest in entrepreneurship education, responding to the notion that in a highly competitive landscape, the launch of new businesses (and innovation of existing ones) requires more than just vision. Entrepreneurship also requires fluency with business planning, financing, regulation, and other systemic factors that are taught and nurtured in an academic setting, in conjunction with exposure to start-up companies, family businesses, and small business operations.

CU Denver launched its entrepreneurship center in 1996 with an initial gift by Richard H. and Pamela S. Bard. In the 17 years since, more than 2,500 CU Denver students have participated in programs including more than a dozen courses, the business plan competition, speaker series, and a business incubator among other activities. Several growing Colorado businesses got their start thanks to this center, including Elevated Third, Viktorian Guitars, and Nokero.

“Jake Jabs’ story and vision will inspire many future entrepreneurs at the Center,” Richard Bard said. “Pam and I feel honored to have launched this entrepreneurship program for CU Denver, and we know it has had a positive impact for both the students and the state in transforming ideas into economic results.”

Jake Jabs is an appropriate namesake for an entrepreneurship center in the heart of the Rocky Mountain region. Jabs was born one of nine children in an immigrant family in a small, hardscrabble Montana ranch town, and through military service and early business experiences operating a music store, he developed an ethic of hard work and a respect for the start-up spirit.

From the vestiges of a defunct furniture business, Jabs started American Furniture Warehouse in 1975. Throughout 38 years of sustained business growth, Jabs has become a recognized icon throughout Colorado, sometimes appearing in advertisements with a live tiger on his lap. Today, American Furniture Warehouse has 12 Colorado stores, $ 350 million in annual sales, and plans for out-of-state expansion.

The Business School at the University of Colorado Denver is the largest graduate school of business in the Rocky Mountain region. The Business School educates more than 3,000 undergraduate and graduate students who come from around the world to study in one of its 12 degree tracks and industry-focused programs such as Entrepreneurship, Commodities, Health Administration, Risk Management and Insurance, and Global Energy Management. The newly remodeled building supports the school’s collaborative culture, embodies its commitment to environmental sustainability, and facilitates partnerships with industry and the community.

Jabs’s gift is one of more than 275,000 gifts made during Creating Futures, a $ 1.5 billion fundraising campaign to enhance University of Colorado education, research, outreach, and health programs benefiting citizens throughout and beyond Colorado. Visit cufund.org for more information.























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.