RECENT NEWS  25 min ago  Comment 
SOUTH African banks are in trouble as Moody’s downgraded the credit ratings of the country’s four biggest banks. Meanwhile, another US bank has been fined.
SeekingAlpha  2 hrs ago  Comment 
By Dieter Plas: Introduction KBC (OTCPK:KBCSY) is an integrated bank-insurance group, focused on serving retail, private banking, SME (Small or Medium Enterprise) and mid-cap clients. Geographically, KBC focuses on 6 core markets: Belgium,...
Forbes  2 hrs ago  Comment 
(Kitco News) - Subdued consumer inflation data, sluggish wage growth and falling commodity prices have some market watchers concerned about potential deflation, but an investment strategist at a top U.S. bank says he’s not worried.
SeekingAlpha  3 hrs ago  Comment 
By Investment Standard: Stock Yards Bancorp, Inc. (NASDAQ:SYBT) is the holding company for Stock Yards Bank & Trust Company (Bank), the Bank provides commercial and personal banking services in the Louisville, Kentucky, Indianapolis, Indiana and...
New York Times  5 hrs ago  Comment 
Billions of dollars in penalties are piling up in banks' mortgage settlements, but no one is being held accountable and the public is being deprived of details of the wrongdoing, William D. Cohan writes in the Street Scene column.
The Straits Times  5 hrs ago  Comment 
August 20, 2014 1:02 AM THE Agency for Science, Technology and Research (A*Star) and Sumitomo Mitsui Banking Corporation (SMBC) have inked a framework agreement to support Japanese research & development (R&D) activities in Singapore for the next...  6 hrs ago  Comment 
NEW YORK (TheStreet) -- Citigroup Inc. is considering the sale of its retail banking business in Japan, where it has had a presence for decades as a leading Western bank, sources told the Wall Street Journal. The bank is considering a possible...
Forbes  6 hrs ago  Comment 
An Egyptian tobacco producer, a Ukrainian chicken company and Peruvian bank show how Forward International Dividend Fund finds great stocks where others are fearful.
Jutia Group  6 hrs ago  Comment 
[Reuters] - Citigroup has told the U.S. District Judge Thomas Griesa, Citibank Argentina is barred from distributing payments it will receive from Argentina to holders of a class of restructured bonds that are governed under Argentine law....  11 hrs ago  Comment 
This is the thirdain a series examining some $65 billion of penalties paid by banks to U.S. regulators over mortgage-related abuses. NEW YORK (TheStreet) --aFew people appear to have noticed in November when former U.S. President Bill Clinton...


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