RECENT NEWS
Motley Fool  28 min ago  Comment 
Investors should begin valuing bank stocks according to earnings, not book value.
The Hindu Business Line  3 hrs ago  Comment 
The credit plan with ₹1,66,806 crore for 2017-18 was launched by Chief Minister N Chandrababu Naidu at Amaravati on Friday at the state-level bankers’ committee meeting. It is 14.04 per cent higher t...
The Hindu Business Line  3 hrs ago  Comment 
To scale up UPI app too as part of digital initiative, says MD
Financial Times  4 hrs ago  Comment 
Groups continue to plan for a ‘hard’ split between the UK and the EU
Insurance Journal  4 hrs ago  Comment 
A Nebraska bank violated federal law by paying women and men unequally for jobs with the same required skill, effort, responsibility, and working conditions, the U.S. Equal Employment Opportunity Commission (EEOC) has charged. According to the...
The Hindu Business Line  5 hrs ago  Comment 
A children’s bank in Patna makes a record number of transactions
Channel News Asia  5 hrs ago  Comment 
Investment funds Fortress and Elliott have dropped out of talks to buy Monte dei Paschi di Siena's bad loans, three sources said on Friday, dealing a blow to plans to secure a state bailout for the ailing Italian bank.
Motley Fool  6 hrs ago  Comment 
This isn’t a five-alarm fire, but it is something investors should keep in mind.
Banking Business Review  7 hrs ago  Comment 
Finastra and IBM have signed an agreement to explore how the two companies can help customers transform their banking operations with IBM Cloud and Cognitive technologies.
Reuters  Jun 16  Comment 
REUTERS - The NSE Nifty gained 0.1 percent on Friday, but posted its first weekly loss in six, as a fall in information technology and pharmaceutical shares on worries over their earnings outlook offset a bounceback in bank stocks.




 
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