RECENT NEWS
The Economic Times  52 min ago  Comment 
Following the announcement, the stock rose 0.98 per cent to hit a high of Rs 61.30 on BSE.
Reuters  2 hrs ago  Comment 
India's debt and currency markets are closed on Tuesday for a public holiday. Trading will resume on Wednesday. Stock market, however, is open.
Equitymaster  2 hrs ago  Comment 
Posted by Equitymaster        Asian equity markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.07%, while the Hang Seng is up 0.43%. The Shanghai Composite is trading down by 0.26%. The US &...
The Economic Times  2 hrs ago  Comment 
Even among such schemes, the court had allowed the Centre to insist on Aadhaar for programmes such as MGNREGA, gas subsidies, PDS rations and Jan Dhan Yojna.
Equitymaster  3 hrs ago  Comment 
Posted by Equitymaster        The remonetization phase has been in full swing and is almost completed according to Economic Affairs Secretary Shaktikanta Das. Most restrictions have been removed - apart from the withdrawal limit of Rs....
Financial Times  4 hrs ago  Comment 
Chinese group says it cannot reach executive in charge of relationship with bankers
BBC News  6 hrs ago  Comment 
Smartphone banking is turning us into smart savers, research suggests, as consumers take control.
Financial Times  7 hrs ago  Comment 
Trading house and French bank Natixis search for cheaper way to clear transactions
The Times of India  7 hrs ago  Comment 
Chandrasekaran is expected to hire half a dozen investment bankers to assist him at Tata Sons, two of whom have been finalised. Tata Sons has hired Ankur Verma, a telecom dealmaker, from Bank of America, and Nipun Aggarwal, who specialises in...
SeekingAlpha  10 hrs ago  Comment 




 
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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