The comperison of BNY Mellon and Barclay's bank Research Paper

The comperison of BNY Mellon and Barclay's bank - Research Paper Example 3 Introduction 4 Strengths and Weaknesses of the banks 4 Profitability of the bank over a span of 5 years 5 Mission and vision of the banks 6 Bank’s Financial Position 8 Projected Profitability of the banks 9 Conclusion 11 The above paper held a comparison between the financial states of BNY Mellon and Barclay’s bank with an aim of examining the extent to which each of them could withstand the brunt of the financial crisis and the way that they are prepared in meeting any such crises in future. The paper tried to assess their profitability and financial positions and found the degree of resilience of Barclay’s to be far higher than that of BNY Mellon. However, as far as their investment in assets are concerned, that of BNY Mellon is found to be in a better position than that of its peer. 11 References 11 Abstract The present paper aims at examining the financial positions of two leading banks namely, BNY Mellon and Barclay’s Plc through a close investigati on of their respective financial ratios. Moreover, the paper targets at evaluating the strengths and weaknesses as well as the mission and vision of both banks. ... Both banks faced the brunt of the crisis which was reflected in their respective key financial ratios. The crisis had mainly been the outcome of poorly framed monetary policies which implemented a fall in the rate of interest initially and followed it by a sudden hike in the same. This fickle mindedness took a toll over the financial state of the economy and exposed the frail fundamentals of many of its financial houses. However, the intrinsic strength of many of them were also displayed which prevented these institutions from being fully victimized by the crisis. The present paper tries to draw a comparison between the features which characterize Bank of New York Mellon (BK) and Barclays Bank (BCLYF) on the basis of their respective financial figures over the last 5 years (2006-2010). A close examination into the historical key ratio values can possibly deduce the errors committed and precision adhered to by these banks, which determined the degree of their sustenance. Moreover, it also attempts to figure out the profitability of these banks provided fluctuations in the Fed rate. As the view portrayed by any organization is highly important while assessing its strengths and weaknesses, they too would be inspected though the format of the entire paper will be of a comparative nature. Strengths and Weaknesses of the banks Bank of New York Mellon Total assets of the bank used to consist mostly of fixed assets rather than current assets initially although this factor had been improving over time, implying that the bank’s liquidity position is improving over time. Moreover, the bank’s assets in comparison to its total liabilities are also improving over time. Its increasing reliability on equity financing is also remarkable which promises of the