Bad Debt Piled in Italian Banks Looms as Next Crisis
The profitability of Italian banks has long been among the worst in Europe, weighed down by bloated staffs and too many branches, leaving the banks with little extra capital to cover loans that go bad. Today's low interest rates have ... Now, “Brexit ...
Trend: bank bad credit loans
May 02,2016
Wall Street Journal
The profitability of Italian banks has long been among the worst in Europe, weighed down by bloated staffs and too many branches, leaving the banks with little extra capital to cover loans that go bad. Today's low interest rates have ... Now, “Brexit ...
May 02,2016
Yahoo Finance
For context, at current exchange rates (roughly €398 billion), that means Italian banks have nearly three times as many bad loans as US banks did when the global financial crisis reared its head. This is a major cause for concern. The Bank of Italy's ...
May 02,2016
The Detroit News
Yet even consumer advocates who loathe the industry admit it fulfills a need: Providing small amounts of cash quickly to people who can't qualify for credit cards or a bank loan. Roughly 12 million Americans take out a payday loan each year, spending ...
May 02,2016
Bloomberg
The two-speed data illustrate the tightrope being walked by the central bank: on the one hand it's seeking to curb financial and debt risks, while on the other it needs to keep credit flowing so that economic growth isn't derailed. Mortgages led the ...
May 02,2016
MiBiz
The situation appears more acute for community banks and for any organization seeking out commercial lenders, a position for which talent remains in short supply across the nation, according to a recent survey by an industry trade publication. ... We ...
May 02,2016
Economic Times
MUMBAI: State-run banks are set to post yet another quarter of poor earnings as they set aside funds to compensate for bad loans. Private ... "We expect slippages and credit cost to remain at elevated level," said Reliance Securities, in a report ...and more »
May 02,2016
Economic Times
Historically, Indian banks charge corporate customers based on their credit rating, but haven't extended this policy to retail borrowers. Customers with a good loan repayment track record and strong financials may end up availing loans which are at ...and more »
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