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The Economic Times  55 min ago  Comment 
Kapoor is leading YES Bank's $1 billion fund raising on the global market and its confident of winning new stakeholders for the bank and investors for India.
TheStreet.com  12 hrs ago  Comment 
It's tough to go down more than the 3% that Britain was down, as they are the epicenter of this, not us. But the complacency of today's opening was too much for me. Now we are getting more realistic. Let's not be glib. I am not worried about...
The Economic Times  Jun 24  Comment 
Bank shares tumbled on Friday to lead Wall Street's biggest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
Reuters  Jun 24  Comment 
Bankers and lawyers advising companies on takeovers and initial public offerings from London to New York fretted over their deals on Friday, after a British vote...
Clusterstock  Jun 24  Comment 
By Olivia Oran and Anjuli Davies NEW YORK/LONDON (Reuters) - Big Wall Street banks are scrambling to figure out what to do with their assets, workers and financial licenses abroad in light of the British vote to exit the European Union...
Motley Fool  Jun 24  Comment 
The home equity line of credit seemingly exists only in the history books.
The Economic Times  Jun 24  Comment 
The academic-turned-central banker, who has said he would be returning to the academia after the end of his term in September, stressed that trade.
New York Times  Jun 24  Comment 
Among other things, this will be a test of whether the banking overhauls introduced after the 2008 crash are equal to the challenges ahead.
Reuters  Jun 24  Comment 
India's central bank governor on Friday reiterated his previous calls for central banks globally not to depreciate their currencies for competitive advantage and said it would be an issue he wanted to address with other central bankers.




 
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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