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Sector Glance: Money Center Banks (AP)

Thu, 26 Jul 2007 20:33:01 GMT | Yahoo! Finance

Shares of money center banks fell in trading Thursday as the broader market declined. Financial services firms have been dogged in recent weeks by worries of credit deterioration spreading from the subprime mortgage market into the broader lending spectrum.

OFT to challenge banks on charges (FT.com)

Thu, 26 Jul 2007 22:15:42 GMT | Yahoo! Finance

A resolution to the long-running conflict between banks and consumers over account charges moved a step on Thursday when it was announced that the biggest banks are being taken to court by the Office of Fair Trading.

Lies, scams and threats ? banks are condemned

Sat, 28 Jul 2007 10:47:12 +0000 | Newsvine

Britain's banks and building societies have lied to and threatened customers who complain about overdraft charges, the Government's financial regulator said.

World Business Briefing: China: Reserve Requirement for Banks Raised Again

Tue, 31 Jul 2007 03:17:12 GMT | New York Times

China ordered banks to set aside larger reserves for the sixth time this year to curb lending and investment after the economy grew at the fastest pace since 1994. Lenders must put aside 12 percent of deposits as reserves starting Aug. 15, up from 11.5 percent, the People?s Bank of China said. China is trying to stop a flood of cash from record trade surpluses from fueling inflation. ?The problem in China is excess liquidity,? said Tim Condon, head of research for Asia at ING Groep in Singapore. ?We can expect steady increases in interest rates and the reserve requirements.?.

RBI asks banks, firms to hone risk mgmt

Wed, 01 Aug 2007 16:31:00 GMT | Business Standard

The Reserve Bank of India (RBI) has urged banks, financial institutions and corporates to gear up their risk mitigation strategies to deal with higher economic volatilities. ??

Banks Get Tough on Corporate Loans (AP)

Wed, 1 Aug 2007 22:48:16 GMT | Yahoo! Finance

Big banks facing the prospect of taking on billions of dollars in buyout-related debt this fall are starting to clamp down on lending to companies that need to refinance loans or restructure their balance sheets.

Banks unlikely to get leeway for mkt exposure

Thu, 02 Aug 2007 15:39:00 GMT | Business Standard

The Reserve Bank of India (RBI) is unlikely to sanction higher capital market exposure limits to banks which are closer to reaching the regulatory ceiling. ??

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banks [39]