Getting the banks to lend to one another is just the first step
Some analysts have concerns, but Canada’s banks are among the most solid bets in the global financial services sector
Access to credit and face-to-face relationship are the two most important factors
Fitch Ratings says that the unsettled operating environment and the uncertain global economic outlook may continue to impact bank credit risk profiles.During the third quarter there was an acceleration of the negative shift in ratings with almost four times as many negative rating actions as positive, it reports. At the same time, there were almost […]
Greater transparency in lending practices necessary for Russian banks to be more competitive internationally
Risk in the banks’ U.S. businesses is increasing
Swiss banks raise capital
Bank of Canada acts to boost market liquidity; U.S. government to buy banking shares
Wells Fargo to proceed with acquisition
Since the onset of the credit crisis market cap has plunged almost US$3 trillion