Financial Times  4 hrs ago  Comment 
Citigroup analysts see Greece staying in the eurozone for the next three years  4 hrs ago  Comment 
Everything rests on the final fine from the US justice department – if it is big, Germany’s biggest bank will be pushed into a very big corner If you’re a bank with a stock market value of €18bn (£15.4bn), a potential $14bn (£10.5bn)...
The Hindu Business Line  5 hrs ago  Comment 
In talks with other lenders, NBFCs, financial institutions for partnerships
The Hindu Business Line  5 hrs ago  Comment 
IDBI MF plans to launch Midcap Fund
The Hindu Business Line  5 hrs ago  Comment 
Karnataka Bank has launched the ‘KBL Loan Junction’, an online retail web portal. This initiative, according to a press release by the bank, will provide loan seekers a with platform to check their ...
The Hindu Business Line  5 hrs ago  Comment 
At Federal Bank, Onam sadya is a time for bonding with the top clients
The Hindu Business Line  5 hrs ago  Comment 
The board of directors of private sector Karur Vysya Bank (KVB) will meet on Monday to consider a stock split. The board will consider the feasibility of sub-division of equity shares, KVB said in a ...
Reuters  5 hrs ago  Comment 
A committee of the world's major central banks said on Friday it has launched a task force to examine cyber security in cross-border banking and to ensure interbank payments are protected, confirming an earlier Reuters report.
New York Times  5 hrs ago  Comment 
Former employees say that their managers warned them not to bend the rules, but they felt pressured by the bank’s aggressive sales culture to create fake accounts anyway.
BBC News  7 hrs ago  Comment 
Dealing with the immediate result of the Brexit referendum produced Mark Carney's "toughest day" in his job, the Bank of England governor says.


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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