soundness as a bank is excellent. Solomon is referred so (called '8 • 8 Club' : BIS the ratio of owner's equity 8 %, the ratio of non- performing loan 8% or less). An indicator offinancial soundness, such as the ratio of non-performing loan, BIS the ratio of owner's equity, delinquency is much better compared to other savings banks as showed in doubts below.
3. Solomon’s Fina
Circumstance of occurrence
2008~2009 upsurge offinancial crisis and beginning of government remedy.
The early 2010, concernment about economic crisis spread because of The southwest Europe(PIIGS) budget deficit
The world three major credit-rating agency(MOODYS, S&P, FITCH) made downward revision in Portugal’s credit rating
2. Finance and real economy aspect
Major economic indica
of the increases in the balance sheet were due to the trading assets. This was primarily driven by an increase in holdings of debt securities. HSBC’s operations in Europe, reported a rise in the credit risk arbitrage portfolio reflecting strong investor demand for commercial paper while, in Hong Kong, the increase was driven by the deployment of increased commercial surplus. During the financia
of Apple Inc. is cyclical.
3. Analysis on Apple Inc.
Financial statements analysis
1. Income statement
.
Currency in USD All numbers in thousands
Period Ending Sep 25, 2010 Sep 26, 2009 Sep 27, 2008
Total Revenue 65,225,000 42,905,000 32,479,000
Cost of Revenue 39,541,000 25,683,000 21,334,000
Gross Prof
of government action in an attempt to talk down the yen. But Wednesday’s action reflected the intense pressure on the prime minister to take more drastic action.
Yoshito Sengoku, the government’s top spokesman, indicated Wednesday that the finance ministry — which orchestrated the intervention — considers 82 yen to the dollar a benchmark in deciding whether to intervene in mar