The Hindu Business Line  1 hr ago  Comment 
Canara Bank today said it has got shareholders’ approval to raise capital by up to Rs 2,000 crore. “The bank has concluded its 14th annual general meeting and transacted... raising of capital (up t...
Insurance Journal  1 hr ago  Comment 
Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector assets, raising financial risks in the world’s second-largest economy, rating agency Moody’s Investor Service said on...  1 hr ago  Comment 
Baader Bank generates a modestly negative result for the first half of 2016 DGAP-News: Baader Bank AG / Key word(s): Half Year Results Baader Bank generates a modestly negative result for the first half of 2016 27.07.2016 / 08:00 The issuer is...
The Economic Times  1 hr ago  Comment 
The GNPA, for the quarter stood at 0.79 per cent (from 0.46 per cent), while the net non performing advances were at 0.29 per cent.  1 hr ago  Comment 
TOKYO (dpa-AFX) - Confidence among Japan's small and medium-sized enterprises improved for the second straight month in July, survey figures released by the Shoko Chukin Bank showed Wednesday. The small business confidence index rose to 47.8...
MarketWatch  2 hrs ago  Comment 
The bank posted a sharp earnings fall also has been trying to settle regulatory investigations expected to result in big fines, another uncertainty for investors.
Mondo Visione  2 hrs ago  Comment 
U.S. Attorney Carmen M. Ortiz for the District of Massachusetts, Director Andrew J. Ceresney of the Division of Enforcement for the Securities and Exchange Commission (SEC) and Secretary Thomas E. Perez of the U.S. Department of Labor (DOL),...
The Hindu Business Line  3 hrs ago  Comment 
The Securities and Exchange Board of India has given an in-principle approval to YES Bank for sponsoring a mutual fund. The bank will also set up an asset management company (AMC), besides a trustee ...
Reuters  4 hrs ago  Comment 
Australia's three biggest banks, including no. 1 lender National Australia Bank (NAB) , on Wednesday said they had lodged a joint application with anti-trust regulators seeking approval to collectively negotiate with Apple Inc to install their...
Financial Times  8 hrs ago  Comment 
Custody bank is alleged to have overcharged clients in foreign exchange trades


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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