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Benzinga  9 hrs ago  Comment 
Spoiler alert: This is article is not about the Financial Select Sector SPDR Fund (NYSE: XLF) or a comparable financial services exchange traded fund. Nor is it about the SPDR KBW Regional Banking (ETF) (NYSE: KRE), at least not directly. As was...
Motley Fool  May 28  Comment 
China's largest bank just extended its reach in the gold market. Here's why.
The Hindu Business Line  May 28  Comment 
Karur Vysya Bank (KVB) has reported a marginal increase of 0.12 per cent in its net profit during the fourth quarter of 2015-16 fiscal compared to the corresponding quarter of the earlier fiscal. T...
CNNMoney.com  May 27  Comment 
Read full story for latest details. Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay your next car insurance bill until you try this.
Red Orbit  May 27  Comment 
While the Bahamas are a heavily traveled and well-researched part of our planet, that doesn’t mean there aren’t amazing new discoveries to be made there. Biologists have announced the discovery of a striking new species of snake, a...
Financial Times  May 27  Comment 
Administrators expected to continue rescue talks over bank holiday weekend
Forbes  May 27  Comment 
Maybe I’m fanatical, but I scan every document I want to keep. Bank statements, invoices, receipts, tax paperwork, you name it. In fact, I was doing this even before desktop scanners were available to the masses -- faxing documents to my email...
The Economic Times  May 27  Comment 
The bank’s profitability that is reflected by the income of the bank from interest earned has gone down to Rs 714.3 crore from Rs 1180.2 crore a year ago.
New York Times  May 27  Comment 
Bank shares were higher after the head of the Federal Reserve confirmed it would keep raising interest rates, provided the economy kept improving.
The Hindu Business Line  May 27  Comment 
Public sector lender Canara Bank on Friday posted a standalone net loss of ₹3,905.49 crore for the March quarter as non-performing assets surged. The bank had registered a net profit of ₹612.96 cro...




 
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

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