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Tag: banks
US banks' dismal first quarter may spell trouble for 2016
2016-04-11 01:29:07| IT Services - Topix.net
NEW YORK: It is only April, but some on Wall Street are already predicting a rotten 2016 for US banks. Analysts say it has been the worst start to the year since the financial crisis in 2007-2008 and expect poor first-quarter results when reporting begins this week.
Tags: trouble
quarter
banks
spell
Oil prices drop after banks caution on impact of producers meeting at Doha
2016-04-11 01:00:00| Offshore Technology
Oil prices have fallen after banks urged caution on the impact of a meeting of major producers at Doha on 17 April on a proposal to freeze output.
Tags: prices
meeting
impact
oil
Banks at Risk of Bad-Debt Blowout as Aussie Steelmaker Collapses
2016-04-08 17:14:01| Automakers - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Commonwealth Bank of Australia and its competitors are staring at a potential blowout in bad-debt expenses as they try to claw back a combined A$1 billion of loans to steel and iron ore supplier Arrium Ltd., underscoring the looming threat to lenders from the commodities bust.
Tags: risk
banks
blowout
aussie
Voda rounds up banks for India IPO
2016-04-08 02:00:00| Total Telecom industry news
Telco aims to select its advisors next month, according to sources; sale of 10% stake mooted.
Why are old banks hooking up with younger models?
2016-04-08 01:10:16| BBC News | Business | UK Edition
Why old banks are hooking up with tech start-ups
Tags: with
models
banks
younger
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