MarketWatch  20 min ago  Comment 
Banks are awash in new regulations, and growing armies of rule enforcers are forcing striking changes on banks’ internal cultures.
The Times of India  25 min ago  Comment 
Terming the banks non-performing assets issue a serious concern to the economy, Union minister of state for finance Jayant Sinha has said the government was working to sort it out and reduce NPAs. The government has brought the Bankruptcy Bill and...  46 min ago  Comment 
The Economic Times  2 hrs ago  Comment 
ED today attached assets worth Rs 172 crore of a diamond firm in connection with its money laundering probe in a major bank default case involving Rs 6,800 crore.
WA Business News  4 hrs ago  Comment 
The Australian share market has closed in red territory, dragged lower by retail giants Wesfarmers and Woolworths as well as banking stocks.  5 hrs ago  Comment 
LONDON (dpa-AFX) - St. Modwen Properties PLC (SMP.L), in its pre-close statement for the period covering 1st December 2015 to 31st May 2016, said that business continues to trade well. It continues to extract both short and long-term...
The Economic Times  5 hrs ago  Comment 
Syndicate Bank, Indian Overseas Bank, IDBI Bank and Bank of India downgrades, to remain weak over the next 12 months, surges in bad loans.


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

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