RECENT NEWS
newratings.com  52 min ago  Comment 
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.        ...
The Hindu Business Line  2 hrs ago  Comment 
The Reserve Bank of India has accorded its approval for the appointment of T S Anantharaman as part-time Chairman of the bank. Anantharaman has been holding the position of Non-Executive Director of ...
The Times of India  2 hrs ago  Comment 
SWISS-BANKS/FALCON-1MDB:1MDB-hit Swiss bank Falcon posts $130 mln loss for 2016
The Hindu Business Line  4 hrs ago  Comment 
A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks following te note-ban and the progress made ...
The Hindu Business Line  6 hrs ago  Comment 
Public sector lender Bank of India (BoI) has sold its entire 5 per cent stake in credit information firm TransUnion CIBIL Ltd to TransUnion International Inc for Rs 190.62 crore. “The bank has sold...
The Economic Times  6 hrs ago  Comment 
The Mumbai-based private lender plans to set up 30,000 micro ATMs and 75,000 Aadhaar Pay merchant points as part of its plan.
The Economic Times  6 hrs ago  Comment 
Given the financial woes of the group, lenders are charging almost twice the rate that a retail home loan borrower would pay , said a banker.
newratings.com  6 hrs ago  Comment 
CANBERA (dpa-AFX) - The New Zealand dollar weakened against the other major currencies in the Asian session on Thursday, after the Reserve Bank of New Zealand maintained its Official Cash Rate at a record low. The Reserve Bank of New Zealand...
Reuters  7 hrs ago  Comment 
The finance ministry has called bankers into a meeting on Friday to discuss setting up a new facility to absorb surplus cash in the banking system, according to a letter sent to heads of lenders seen by Reuters on Thursday.
The Hindu Business Line  8 hrs ago  Comment 
A police officer and three other people were killed in a string of shootings, including at a bank and a law firm, in central Wisconsin following what police referred to as domestic incident, media re...




 
TOP CONTRIBUTORS

The banking industry faces a challenging year in 2008 as many companies work through the weaker housing market and mortgage related issues.

In September 2007, the bank industry's earnings performance slipped for the first time in many quarters as the housing sector continued to weigh on the mortgage and investment banking businesses at many of the larger banks. The subprime mortgage fallout continued to affect the banking industry as it became difficult to value debt instruments backed by mortgages and caused a temporary credit freeze in some markets during the late summer.

More problems may arise in 2008 as rates on adjustable-rate mortgages made in 2005 and 2006 are scheduled to reset. Homeowners could potentially have a harder time making payments on these higher mortgages which may lead some to default. There is also a fear that the mortgage related problems may spill over into the credit card markets which would exacerbate the situation even further.

Banks make a profit by borrowing

Investment Banks

Investment banks help public and private institutions to raise capital and provide advice on mergers and acquisitions.

Savings and Loan Banks

Investment Banks

Foreign Regional Banks

Money Center Banks

Regional Banks

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki