Subject: Report on the financial statements of a major bank.

Write a thorough report on the P&L and BS of a major bank, from either the US or Europe.

Identify the main sources of interest income, non-interest income, interest expense, other expenses, and provisions of the focal bank, and its final net profit (income).

Identify the main components of the banks balance sheet from both the asset and the liability sides, namely, cash reserves, marketable securities, loans, fixed assets, deposits, borrowings, and equity of the bank.

Draw a comparative analysis of the performance of the focal bank against the performance of the industry for the last five years. For example, if the bank chosen has been a European institution, the comparison between this bank and the aggregate European banking industry.

Write your conclusions about the evolution of the solvency of the bank. Has the bank improved its solvency through the analyzed 5-year period?

The above requirements must be met according with the contents of the class discussions. Students are expected to summarize the information they may obtain and draw their own conclusions.

For the aggregate comparisons students may source information from either the European Banking Authority or the U.S. Federal Reserve depending on their choice. Additional information sources and their citations are also expected.