Industry Analysis: Citigroup is grouped in the Finance and Investment industry, in the Commercial Banking sector. Citigroup had the highest margin of profits in US corporate history by making $49 million in profits every single day in 2003. Citigroup is the world’s largest bank and was recently voted as the most respected financial services company in the world by 1,000 CEOs of organizations ranging over 25 different countries. Company Profile: Citigroup was formed when Citicorp and Travelers merged in 1998. Citigroup’s headquarters are located in New York and the CEO is Charles O.
Bank One is a major corporate bank nationally and in selected international markets in 11 foreign countries, the nation’s largest credit card company which also is a leading retail bank in eight states, the leading business bank in the Midwest and Arizona, and the largest bank mutual fund company. With assets of more than $270 billion currently, Bank One Corporation is one of the nation’s largest financial services companies. Bank One currently serves more than 53 million credit card customers nationwide as well as 7 million companies in 14 states. It also manages more than $149 billion of assets for investors. The bank has 74,000 employees at 2000 branches in 14 states.
Kotak Mahindra Bank Kotak Mahindra Bank, headed by Mr. Uday S Kotak, and with a market capitalisation of INR 109,631.60 crore comes next. Kotak Mahindra Bank is currently poised for a spectacular growth due to an all-stock merger with ING Vysya Bank. Kotak Mahindra shall now become the fourth largest private bank in the country in terms of the business done. The combined banking company will now have a network of 1,214 branches across the country. The bank is likely to have an employee strength of about 30,000 after the merger.
The first acting president was Samuel Osgood. By 1895 Citicorp became the largest American bank and soon thereafter became known as an innovator in financial services. By the mid 1970’s, under the command of CEO Walter Writston, Citicorp started issuing Citicards which was the start of the 24 hour ATM. By the early 1980’s Citicorp expanded and started offering credit cards. They soon regained their title as the largest bank and adding the largest issuer of credit cards and charge cards in the world (Wikipedia 2008).
It is owned by the Target Corporations itself and all the receivables go into Target has approximately 1,600 million dollars worth of lines of credits from twenty five different banks, approximately half the worth of the line is used and is due back for payment June 2005, with an extension all the way up to June 2006. The other half of the payment is due June 2008. The expected long term rate of securities rate for October 31 2004 was 8.5 %. Operations For 2004, Wal-Mart earned 256 billion in revenues which from sales alone was 26 billion. The top two reasons for such success in ranking first in retail store market, is because Wal-Mart is convenient globally and so are there prices in the competitive market .
Corporate Banking: At the end of 2014, the Bank’s corporate customers increased by 359 thousand over the end of the previous year to 5,094 thousand, including 140 thousand corporate customers having loan balances with the Bank. According to statistics from PBC, the Bank had the largest balance of both corporate loans and corporate deposits in the banking industry, with a market share of 11.17% and 11.64%, respectively. Corporate Deposits and
Citigroup is currently the largest bank in the United States with over US$600 billion in deposits and assets under management of over US$1.2 trillion. Citigroup’s fortunes continued to blossom during Sandy Weill’s tenure and even during the market downturn in 2002. On October 1st, 2003 Chuck Prince replaced Sandy Weill as CEO of Citigroup and for the next several years successfully continued to grow the business and achieve record profits and earnings. Citigroup’s stock continued ... ... middle of paper ... ...sj.com/article/SB122747680752551447.html. Wall Street Journal.
Reconciliation of Differences 8 4.1 Benefits and Costs of Using Net Assets Value 9 4.2 Benefits and Costs of Using Price Earnings Ratio 9 4.3 Benefits and Costs of Using Discounted Free Cash Flow 9 5. Conclusion 9 1. Introduction The organization that I have chosen for the purpose of this corporate finance analysis is Wal-Mart. As is well known, Wal-Mart is the global market leader of the global retail industry and has been in operation for more than 100 years. The organization is listed primarily on the New York Stock Exchange where it has the market capitalization of 250.55 billion dollars and average trading volume of 6,075,000 shares (Yahoo Finance, 2013).
Yes bank is the only Greenfield Bank licence awarded by the RBI in the last two decades. Yes Bank is a “Full Service Commercial Bank”, has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country. Financial Status: The revenue of the Yes bank on 30 July 2015 was 235 billion (US $ 3.6 billion) and Net income for 2015 is 30 billion (US $ 460 million) and total assets of Yes Bank worth 910 billion ( US $ 14 billion). Financial Performance: Yes bank performance in the Q3FY15 Financial Results.Net Profit grew by 30.0% y-o-y to Rs 540.3 Cr in Q3FY15, Net Interest Income up 36.6% to Rs 909.0 Cr, Non Interest Income of Rs 536.8 Cr, Net Interest Margin expanded to 3.2%, Advances up 32.4% to Rs 66,606.9 Cr and Deposits up 21.0% to Rs 82,370.0 Cr as of Dec 31, 2014. In FY2015, the Bank has so far raised US$500 Mn Equity through QIP and Long term Funding of US$422 Mn through Dual Currency Syndicated Facility and US$200 Mn from Asian Development Bank aggregating to approximately US$1.2 Bn.
Retail, SME, Wholesale (mid-corporate and large corporate) and rural/agri... ... middle of paper ... ...ral banks (RRBs) covering 30 districts in 5 States (Andhra Pradesh, Haryana, Karnataka, Kerala and Uttar Pradesh). These RRBs have a network of 1197 branches. Total business of Syndicate Bank-sponsored RRBs stood at Rs.16,228 crs. Representing a growth of 23.9 per cent during 2006—07.Syndicate Bank made an IPO in October 1999 to raise Rs.125 crs. followed by another in July 2005 for Rs.50 crs.. Government of India is the major shareholder and enjoys over 66 per cent stake, while institutions and individuals hold around 18 per cent and 13 per cent respectively.