Putnam Perspectives

Research insights from active investors

Posts from category: Global sector

Chinese tourists become big spenders

Tourists from China spent more money abroad in 2012 than tourists from any other country. At US$102 billion, Chinese international tourism eclipsed — by 20% — the total amount...

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Banks brace for new derivatives rules

The Dodd-Frank law strives to increase transparency in derivatives trading by moving over-the-counter trading to exchanges, where prices and counterparty risk are easier to track. This provision has pluses...

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Bank profitability on the mend

As described in an earlier post, most U.S. banks now have — or are close to having — the capital they need to meet the federal government’s new capital...

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