The Economic Times  4 hrs ago  Comment 
Analysts expect net profits of large banks to fall as elevated provisions continue to take a toll.
The Economic Times  5 hrs ago  Comment 
The Nifty PSU Bank index was trading 0.41 per cent down at 2,929 around 10:30 am (IST).
The Economic Times  6 hrs ago  Comment 
Gems and jewelry exports fell 16.6 percent from a year ago to $3.4 billion in March, the second straight month of contraction that acted as a drag on overall exports.
Financial Times  6 hrs ago  Comment 
With abundant capital, European development bank broadens its horizons
Financial Times  9 hrs ago  Comment 
Mounting bad loans and lending irregularities pose threat to global supply chain
Financial Times  Apr 15  Comment 
Founder Adam Dell becomes partner as Wall Street bank expands digital revenue sources  Apr 15  Comment 
Quantitative easing succeeded in staving off disaster but it was not enough to regenerate a fair economy. This could have been achieved by a redistributive, expansionary fiscal policy which ministers were ideologically resistant to When running...
The Hindu Business Line  Apr 15  Comment 
Jaipur-headquartered AU Small Finance Bank wants to ramp up its business via crowd-sourcing — involving not only employees but also customers and non-
Yahoo  Apr 15  Comment 
Your IRS tax refund will typically be available within 21 days if you file electronically. Filing taxes electronically with direct deposit ensures the refund gets to your bank account quicker, the IRS says. The IRS has resources to help you file...
The Hindu Business Line  Apr 15  Comment 
The RBI’s recent dispensations will provide only a brief respite, while doing little to restore confidence in the banking system


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