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Tuesday November 24, 2009
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Banking Industry Profit News is an EIN News Service for banking industry professionals. Constantly updated news and information about banking.
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  • BMO paints a rosy picture for Canadian banking 25 Nov 2009 01:36 GMT
    ... next few years, the fundamentals of the banking business “are going to be as good ... shares slightly on a day when most bank stocks also took minor dips. Among the ... they also suggest that the stellar trading profits domestic banks have posted in recent quarters ...

  • BMO paints a rosy picture for banking 25 Nov 2009 01:36 GMT
    ... next few years, the fundamentals of the banking business “are going to be as good ... shares slightly on a day when most bank stocks also took minor dips. Among the ... they also suggest that the stellar trading profits domestic banks have posted in recent quarters ...

  • Severn's profits soar as Ofwat ponders cut 25 Nov 2009 00:12 GMT
    ... Severn’s profits soar as Ofwat ponders cut Published: November ... for a utility, trading on 10 times forecast 2010 earnings, cheaper than Pennon at 14 ... new £150m facility from the European Investment Bank. Its gearing level stood at 79.1 per cent ...

  • As Bank Failures Rise, F.D.I.C. Fund Falls Into Red 25 Nov 2009 00:10 GMT
    ... the end of the third quarter, . Bank customers, however, should remain confident that their ... but Tuesday's third-quarter report card on the banking industry marked the first time that hard ... have regained their swagger from big trading profits over the last three quarters, the problems ...

  • Norfolk posts 30% profit rise 25 Nov 2009 00:42 GMT
    ... Building services provider Norfolk Group Ltd has posted ... 30 per cent rise in half year profit, but says it is positioned well with ... 2010. 'Norfolk continues to operate within its banking covenants and debt facility limits,' the company ...

  • This bank error is not in your favour 25 Nov 2009 00:43 GMT
    ... be set at levels designed to produce profits. No bank is going to be able to show ... overdraft limit. Don't think, however, that the banking industry will just swallow this bitter pill. ...

  • Norfolk profit up 30% 25 Nov 2009 02:15 GMT
    ... Building services provider Norfolk Group Ltd has posted ... 30 per cent rise in half year profit, but says it is positioned well with ... 2010. 'Norfolk continues to operate within its banking covenants and debt facility limits,' the company ...

  • Japan Hot Stocks-Tokushima Bank, Chiyoda, real estate 25 Nov 2009 03:34 GMT
    ... following stocks were on the move: **TOKUSHIMA BANK, OTHER CREDITORS DOWN ON ANABUKI** Shares of Tokushima ... said it has doubled its full-year dividend forecast to 80 yen per share for the ... was hurt by a sharp fall in profitability amid slow apartment sales, and higher land ...

  • Bank shareholders trump bonuses 25 Nov 2009 01:06 GMT
    ... with this theme of what’s good for Bank of Montreal shareholders is bad for its financiers, ... analyst Jim Bantis raised his 2010 earnings forecast by 9 per cent. He sees “the ... 3 per cent, to $1.34-billion. Capital markets profits at the bank were up 49 per ...

  • Hays reports steady growth in demand for retail banking roles 25 Nov 2009 02:35 GMT
    ... Hays reports steady growth in demand for retail banking roles Hays has reported that the retail ... net fees of £670.8 million and operating profit of £158 million. - The Group placed ...

  • Brighter Fed forecast helps market pare losses 25 Nov 2009 00:10 GMT
    ... NEW YORK (AP) - A brighter economic forecast from the Federal Reserve helped the stock ... Ward said a warning from China's central bank that commercial banks there should control their lending ... surprising 59 percent increase in its quarterly profit and raised its full-year forecast. It rose ...

  • UPDATE 4-US FDIC fund falls into red, Bair urges lending 25 Nov 2009 00:41 GMT
    ... - The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of ... underscored the current fragility of the U.S. banking system and the continued weight of bad ... as a whole managed to post a profit for the quarter of $2.8 billion due ...

  • Groupworks Announces Year End and Fourth Quarter Results as Well as Board Changes 25 Nov 2009 00:16 GMT
    ... Groupworks Announces Year End and Fourth Quarter Results ... grew and the Company moved to net profitability for both the fourth quarter and for ... owned subsidiary of Quest Capital Corp., merchant banking firm, where his primary responsibilities concern equity ...

  • Banks earn $2.8B in 3Q; FDIC says dangers persist 25 Nov 2009 00:10 GMT
    ... stabilizing financial markets have not cured the banking industry, as souring and past-due loans have ... of 1990. The FDIC's fund that insures bank deposits fell by $18.6 billion, mostly because ... that thrifts eked out a $200 million profit in the third quarter. The agency called ...

  • Banks Earn $2.8B In 3Q; FDIC Says Dangers Persist 25 Nov 2009 01:30 GMT
    ... stabilizing financial markets have not cured the banking industry, as souring and past-due loans have ... of 1990. The FDIC's fund that insures bank deposits fell by $18.6 billion, mostly because ... that thrifts eked out a $200 million profit in the third quarter. The agency called ...


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