Word: bankses
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Still, many restrictions on cross-strait business remain. Taiwan banks, for example, can't operate on the mainland because the necessary agreements aren't in place to allow regulators from the two sides to cooperate, cutting off a key source of growth. Victor Kung, president of Fubon Financial Holding Co...
Services Hotels run along Islamic lines, such as Dubai's Villa Rotana, offer quieter and more family-friendly places to stay. Banks that operate according to Shari'a law are doing well during the global downturn because they tend to be more conservative.
The dark cloud over regional banks is bad news for the FDIC, which provides deposit insurance, now to the level of $250,000 per account, at banks across the nation. At the end of last year, the FDIC had only $19 billion left to cover future failures. That's the...
Some analysts believe that with the economy turning, commercial real estate loan losses will not be nearly as bad as Cassidy expects. But even under the government's baseline scenario for the banking industry, which was released as part of the stress test, U.S. banks could have as much as...
"There are a large number of community banks that were very active in commercial real estate lending," says Robert Hartheimer, a Washington-based banking-industry consultant. "To the extent that the economy does not recover for a while, these types of loans are going to put a lot of stress...