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 [...]
Posts Tagged ‘Banks’
US banks face $100bn Basel III shortfall
November 22nd, 2010
davidguide 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
November 12th, 2010
davidguide 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
November 10th, 2010
davidguide 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
November 4th, 2010
davidguide 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. [...]
Japanese Stocks Drop for Third Day on Global Economic Concern
September 24th, 2010
davidguide 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?
July 26th, 2010
davidguide 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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