Preview

The Rise and fall

Good Essays
Open Document
Open Document
2904 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Rise and fall
Assignment #1: Investments BUS2007
For: Chay, J., B.

Deadline: 18th December 2009

Objective:
To analyse the UK banking industry and the stocks HSBC, Lloyds, Royal Bank of Scotland and Barclays in the England banking industry and provide recommendations whether to buy, hold or sell the stock.

2009319086 · Kornelis Hooghiemster · khooghiemster@hotmail.com · 010 8696 5580
2009319085 · Vincent Schenkeveld · vincent.schenkeveld@student.hu.nl
2009319126 · Sander Barendse · scbarendse@gmail.com · 010 8698 3866
2009319113 · Michka Heidema · michkaheidema@gmail.com · +31643800117
2005311572 · Iseung Han · email · mobile

Group division
Here below the group division outline will be given;
Macroeconomic information - Sander Barendse
Industry information - Sander Barendse
Company information
HSBC - Kornelis Hooghiemster
Barclays - Vincent Schenkeveld
Lloyds - Michka Heidema
Royal Bank of Scotland - Iseung Han
Macroeconomic information
The United Kingdom of Great Britain and Northern Ireland (UK) is an island country located of the northeast coast of the European continent. With England, Scotland, Northern Ireland and Wales providing the main portion of the country’s GDP, the UK is the sixth largest economy in the world. The UK is known as the birthplace of the Industrial Revolution in the late 18th century, but nowadays the largest share of GDP can be attributed to the services sector (73%).
London, the capital of England, is one of the biggest financial centres in the world with among its most important financial facilities the London Stock Exchange. The capital is also seen as one of the three “command centres” of the global economy alongside New York and Tokyo.
The UK economy was hit hard by the financial crisis. As can be observed in Figure 1-1 the UK underperforms compared to the average of OECD countries. During 2008 GDP growth rates were on average substantially lower than those of the OECD total.

You May Also Find These Documents Helpful

  • Good Essays

    One of the main reasons for world cities having such economic authority is due to large concentration of TNC headquarters in these cities. For example, London has 220 headquarters of UK’s top 500 companies such as two of the world largest banks HSBC and Barclays. These TNCs conduct lots of business internationally generating vast amounts of revenue and consequently have a large amount of power and influence. The fact that world cities also have strong communications and transport technologies help to allow these TNCs conduct business so efficiently. For example New York’s John F Kennedy Airport has the most international traffic in the U.S allowing for greater mobility of human capital. World cities also have large markets for a vast range in goods and services. For example the economy of New York generated $1.28 trillion is 2010, and while most of this was from the financial and insurance industries, there has been significant growth in N.Y’s creative industries such as new media and advertising. Similarly, London…

    • 621 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    WC Paper

    • 2653 Words
    • 8 Pages

    We will start with the analysis of the banking industry in regards to the companies we have chosen to look at. The analysis of this particular sector requires some consideration, prior to the evaluation of financial statements, because of its unique characteristics. First off, the banking…

    • 2653 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    The banking industry is highly competitive. The financial services industry has been around for hundreds of years. Wells Fargo has many competitors itself. In this paper, I will be doing a comparison of Wells Fargo & Company (WFC) and one of its biggest competitors, Bank of America Corporation (BAC). By analyzing looking at the financial ratios, one can see whether the company is successful or not. In the following, I will try to analyze and make a comparison of Wells Fargo’s and Bank of America’s recent performance in growth, income, and efficiency. Using a these criteria, I will determine which bank is the better buy according my analysis. My analysis of WFC & BAC’s performances will include a discussion of……

    • 2672 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Post 2007, global economy has been reeling under recession. Recessionary pressure began with United States economy slowing down; however it has spread globally affecting all countries in some way or the other. Income level, employment have been affected badly. Consumption levels have gone down drastically, which affected consumer dependant countries, such as the UK.…

    • 1122 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Oligopoly of Banks

    • 1582 Words
    • 6 Pages

    UK banking industry is known by the “Big Four Banks”: Barclays, Hong Kong and Shanghai Banking Corporation (HSBC), Lloyds Banking Group and The Royal Bank of Scotland Group (RBS). These banks have controlled the market in UK by seizing 77% of the market share that lead to an economic situation called oligopoly (Treanor, 2012).…

    • 1582 Words
    • 6 Pages
    Best Essays
  • Better Essays

    In the year 2008 the UK saw the start to a growing recession, in recent years of 2010, 2011 and even into 2012 Wales recession is still in a bad state, but being controlled a bit more. Towards the start of 2012, the government reduced interest rates by 0.50% to encourage customers to spend more., this helped as In 2011 the total spending on Debit/Credit cards was £38.2 billion, however in 2012 the total spend had been £42.2 billion.…

    • 2486 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Since the 1970’s, the UK economy has undergone fundamental structural changes moving away from one dominated by manufacturing to post industrial, service based economy.…

    • 6196 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    In 2008-2009 there had been a decline in the UK economy GDP for 6 consecutive quarters due to many economic factors. An overall summary of the factors to have caused the recession are: the decrease in production and construction output & weaker service industries distribution.…

    • 563 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    inside out

    • 10437 Words
    • 47 Pages

    [CU3859] as taught by Mrs. du Pon at HZ University of Applied Sciences. Distinctive use…

    • 10437 Words
    • 47 Pages
    Powerful Essays
  • Satisfactory Essays

    London's Inequality

    • 239 Words
    • 1 Page

    London is playing an important role in the UK’s financial development, it is an UK’s financial powerhouse. Other countries such as France, Germany and Italy, they don’t have any city that contains the similar way like London. In addition, the total global wealth is growing continuously as well. It has soared to $263tn nowadays, it’s more than the double in 15 years ago ($117tn in 2000). The inequality problem needs time to…

    • 239 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    2008 Crisis

    • 660 Words
    • 3 Pages

    Due to the financial crisis the great depression leads the U.S in decreasing of goods from china, whereas unemployment rose in china as well. In the UK there was a large fall in retail sales, especially in the furnishing and DIY sectors. Unemployment rose, especially in the young adult stage people around the age of eighteen to twenty-four. In the fourth quarter of 2008 UK Gross Domestic Product (GDP) fell by 1.5% and the country officially entered a period of recession. The recession continued through 2009. In the United States, a total of 25 banks failed in 2008. In Canada financial system had been less affected than other industrialized counties. Canadian energy and natural resources brought out lower demand and weaker prices for commodities. In Japanese stock market and global day was falling for 26 years in lowest, the government use 10 million yen to save the city plan. When everything started to collapse greed turned into…

    • 660 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Rise and Fall Housing Market

    • 2385 Words
    • 10 Pages

    References: Peppercorn, I. (n.d.). The Tragedy of the Mortgage Commons. http://www.apuhf.info. Retrieved August 7, 2011, from www.apuhf.info/Presentation/Peppercorn_TragedyoftheMortgageCommons_presentation.pdf…

    • 2385 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    The rise and fall

    • 1401 Words
    • 6 Pages

    William Shirer, the son of a lawyer, was born in Chicago in 1904. When he was a child his father died and the family moved to Cedar Rapids, Iowa. He had to deliver newspapers and sell eggs to help the family finances. After leaving school he worked on the local newspaper.…

    • 1401 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    london docklands

    • 1402 Words
    • 6 Pages

    London being a major centre of light industry with 33% of labour force working in manufacturing although that has changed to 2010 with on 10%.…

    • 1402 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    By 1970s, Britain was resonated with ‘sick man of Europe’. Oil price shock led to recession. GDP plunged by, approximately, 3%. This coincided with double digit inflation and high unemployment rate. Accompanying these…

    • 1060 Words
    • 5 Pages
    Good Essays

Related Topics