HSBC Holdings plc (ADR) (HBC), Deutsche Bank AG (USA) (DB), JPMorgan Chase & Co. (JPM): These 3 Banks Are Back on Track

Its Private and Business Client Servicing segment is another vital line of business for Deutsche Bank AG (USA) (NYSE:DB). Gains from deposit fees and other financial services were $4.2 billion, which is about a 1% return on $420 billion in assets.  The bank earns 4% of total assets, from its global transaction banking business, which reported $402 million on assets of $130 billion.

To strengthen its client base in the global transaction banking business, Deutsche Bank AG (USA) (NYSE:DB) is attempting to expand its business in the Asia-Pacific region, specifically in India and China.  Recently it increased its stake in China’s Hua Xia Bank to 19.99%, which will make it the second largest shareholder.

Home lending and asset management

JPMorgan Chase & Co. (NYSE:JPM) reported net income of $6.5 billion for the first quarter of 2013, which was up $800 million sequentially. The bank experienced a rise in income due to an increase in mortgage lending. Federal programs helped to boost its lending as customers were motivated to apply for lower rates.

Its asset management segment is a global leader. As of March, it manages approximately $1.9 trillion assets and owns around $2.1 trillion. This business reported net income of $487 million in the first quarter of 2013, which is a 26% year over year increase. This increase was driven by more cash flooding the equity markets.

JPMorgan Chase & Co. (NYSE:JPM) is also taking initiatives to gain market share by providing investment knowledge to people through its “Guide to the Markets” program. It also launched an iPad application, which sort of acts like an interactive platform, for advisors to share information with clients.

Conclusion

With expansion of its footprint in the Asia-Pacific region and cost-cutting targets, HSBC Holdings plc (ADR) (NYSE:HBC) will be able to cash in on opportunities.  Due to regulatory changes in banking functions and profitable performance of its business segments, Deutsche Bank AG (USA) (NYSE:DB) should grow its top line for years to come.  JPMorgan Chase & Co. (NYSE:JPM) has a dominant presence in the mortgage and equity markets and appears poised to pop.  All three banks seem like solid bets for the long term investor.

Shweta Dubey has no position in any stocks mentioned. The Motley Fool owns shares of JPMorgan Chase & Co (NYSE:JPM).

The article These 3 Banks Are Back on Track originally appeared on Fool.com.

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