Posts Tagged “Banking Industry”

News Sources wrote an interesting post today on
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Summit State Bank Reports Over 100% Increase in 2009 Financial Results and …CNNMoney.com (press release)Nonperforming loans to gross loans was 3.98% at December 31, 2009 which compares favorably to the banking industry. The bank has no foreclosed real estate …and more »

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News Sources wrote an interesting post today on
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The real estate market had become a key area of China’s economic development and banking services, said Wang Zhaoxing, vice chairman of China Banking Regulatory Commission (CBRC), at a press conference held by State Council Information Office yesterday. Currently, real estate development loans and individual housing mortgage loans account for 20 percent of Chinese commercial banks’ new loans and …

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News Sources wrote an interesting post today on
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JPMorgan Chase Plans To Hire 1200 Retail BankersWall Street JournalCommercial Real Estate losses, meanwhile, will get worse for the banking industry before they improve, Dimon said. Commercial real estate loan delinquencies …and more »

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News Sources wrote an interesting post today on
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Loan failures expected to hit mid-size regional banksNewsdayThe banking industry’s next headache - commercial real estate loan failures - is most likely to affect midsize regional banks, according to a Wall Street …

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News Sources wrote an interesting post today on
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Los Angeles Times

Why This Real Estate Bust Is DifferentBusinessWeekThey did so in part because they could easily sell their dubious loans to investors in the form of commercial mortgage-backed securities. …Commercial property market to hit bottom in 2010, report says Los Angeles TimesReally? No quick fix for big property owners OCRegisterLooming Collapse Of Commercial Real Estate Threatens Banking Industry NuWire Investor MiamiHerald.com  - Pensions & Investments  - Cincinnati Business Courierall 67 news articles »

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