In the second quarter of 2024, U.S. banks reported $512.9 billion in unrealized losses on investment securities, marking the 11th consecutive quarter of such losses, […]
Tag: Banking Sector
Abu Dhabi Bank Likely to Acquire Significant Stake in Indian Bank: UAE Envoy
An Abu Dhabi-based bank is reportedly in talks to acquire a significant stake in an Indian bank, according to UAE Ambassador to India Abdulnasser Alshaali. […]
Kotak Institutional Equities Reports Positive Outlook for Corporate India: No New Signs of Stress Amid Deleveraging
Kotak Institutional Equities has reported positive news for India’s banking sector, stating that corporate India remains in good financial health, with no new signs of […]
Goldman Sachs Warns of Headwinds for India’s Banking Sector: ROAs to Decline Amidst Tighter Liquidity and Structural Challenges
Goldman Sachs Group Inc. anticipates a challenging road ahead for India’s banking sector, forecasting a decline in returns on assets in the coming quarters. Rahul […]
New York Community Bancorp Faces Steep Decline with Shares Hitting a 27-Year Low, Plummeting 45%
New York Community Bancorp, headquartered in New York, recently witnessed a significant downturn in its shares, plunging to a 27-year low. The decline, amounting to […]
Moody’s Adjusts Outlook to Negative for Banking Sectors in Germany, Britain, France, Belgium, the Netherlands, and Sweden
On Thursday, credit rating agency Moody’s announced a shift in its outlook for the banking sectors in several European countries. The outlook for Germany, Britain, […]