Brokers Guilty Of Mis-Selling Investments
Investment mis-selling is a global phenomenon, and it has caused a worldwide financial meltdown. Investment mis-selling directly contributed to the worldwide financial meltdown, even if it was not the main cause.The U.S. government can learn a lot from taking a look at what other countries are doing to address their financial crises, both for what the countries do right and for what the countries do wrong. Germany's banks have let its investors down horribly, for example. So how have these bad financial practice impacted people around the globe?...
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Tags: countries, financial, Investment, from, worldwide, crises
World's Largest Banks by Total Assets
Total Assets Values listed in United States Dollars.1. BNP Paribas $2.598 Trillion US Dollars.
BNP Paribas is a French bank headquartered in Paris France. It is a global company with operations in 80 countries and employs 205,000 employees worldwide. BNP Paribas has significant share of the retail banking markets in France, Belgium, Luxembourg and Italy. It acquired most of its banking operations in Belgium and Luxembourg from Belgian company Fortis in 2008 which was badly affected by the sub- prime crisis that affected finance companies worldwide. BNP Paribas trades in Belgium as BNP Paribas Fortis and is the largest retail bank in Belgium.