Posts Tagged ‘Banks’

African banks curb bond trend

African central banks are pushing lenders to cut purchases of government bonds and instead lend more to local companies. ||| African central banks are pushing lenders to cut purchases of government bonds and instead lend more to local companies that are key to creating a functioning commercial economy. Borrowing costs in some of sub-Saharan Africa’s [...]

US banks face $100bn Basel III shortfall

Fears that sharp cuts in assets could force banks to curb lending to the real economy or raise borrowing costs View full post on All Stories

Banks borrow Rs 118k cr, say liquidity situation improving

Owing to tight liquidity situation in the system, bankers have gone for Rs 1,18,570 crore of weekend borrowing from the Reserve Bank of India on Friday. View full post on All Stories

Kotak Mahindra Bank hikes rates, others wait and watch

With credit growth sluggish, banks are busy increasing lending rates these days. The reason is simple – the cost of borrowing has gone up and the money market continues to remain tight. View full post on All Stories

Pay at investment banks: Mutiny over the bounty

Investment banks have cut pay a bit but shareholders are still getting a raw deal IT IS a year since the investment-banking industry committed reputational suicide by paying bumper bonuses just a few months after the worst financial crisis in living memory. That move helped destroy investment bankers’ credibility with the public and many politicians. [...]

Moodys may downgrade Ireland on slow recovery

Moody’s warned on Tuesday that it may cut Ireland’s credit rating again, pointing to the huge bill for cleaning up its banks announced last week, a weak economic recovery and rising borrowing costs. View full post on All Stories

Japanese Stocks Drop for Third Day on Global Economic Concern

Sept. 24 (Bloomberg) — Japanese stocks fell for a third day on concern a deteriorating profit outlook for U.S. banks and a rise in U.S. jobless claims will slow a global economic recovery. View full post on All Stories

Why Are Banks Selective of Their Bad Credit Loan Applicants?

The problem of being buried in debt has grown extensively affecting millions of people today. In fact, it is reported that most Americans hold at least one credit card in hand and about 20% of these credit card holders are plagued with a bad credit history. What is a bad credit loan? In [...]

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