Financial Times  52 min ago  Comment 
New deals allow parents to underwrite the cost of home loans for their children
Financial Times  2 hrs ago  Comment 
Bank lifts dividend 20% and reveals chief is one of Australia’s highest-paid executives
Clusterstock  5 hrs ago  Comment 
PANAMA CITY (Reuters) - The U.S. Treasury on Thursday blacklisted an extensive Panama-based money laundering operation that allegedly helped multiple drug trafficking groups hide the source of their illicit gains through various companies,...
The Economic Times  6 hrs ago  Comment 
Custodian of securities is a licence granted by the market regulator that allows companies to offer custodial services to financial market participants.
Clusterstock  10 hrs ago  Comment 
Goldman Sachs on Thursday made job cuts in its securities business, according to people familiar with the matter. The cuts bring the headcount reduction in the fixed-income, currencies and commodities (FICC) business to around 10%, the people...
Mondo Visione  11 hrs ago  Comment 
SIFMA made holiday recommendations for the U.S., the UK, and Japan in observance of the U.S. Memorial Day and the UK Spring Bank Holidays. These recommendations apply to trading of U.S. dollar-denominated government securities, mortgage-...
Benzinga  12 hrs ago  Comment 
Michael Lewis is perhaps most well-known for authoring the best-seller "Flash Boys: A Wall Street Revolt" and "Moneyball: The Art Of Winning An Unfair Game," among others. On Thursday, he penned an article on Bloomberg, in which he discussed one...
MarketWatch  12 hrs ago  Comment 
A new investment company called Aspiration says it’s banking on consumers who have a conscience
Motley Fool  May 5  Comment 
This is not how things were supposed to go for Bank of America and Merrill Lynch.
Clusterstock  May 5  Comment 
By Sanjeev Miglani and Serajul Quadir DHAKA (Reuters) - Bangladesh's central bank chief will meet the head of the Federal Reserve Bank of New York and a senior executive from global financial messaging service SWIFT next week to seek the recovery...


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