Post Tagged with: "Banks"

Source: CNBC

Four key risks could make 2021 the toughest year for banks since 2009, says S&P

CNBC


S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with four key risks hanging over the sector.

The ratings agency currently has a “negative” outlook for about one third …

November 17, 2020 - 2:00 pm Closing Bell Story‎, Finance
Source: CNBC

Banks will struggle to generate profits even as the global economy recovers, IMF says

CNBC


WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday.

In its latest “Global Financial Stability Report,” the IMF found banks across nine advanced …

May 22, 2020 - 12:00 pm Closing Bell Story‎, Finance, International
Canadian Banks Comfortable with Energy Exposure

Canadian Banks Comfortable with Energy Exposure

Canadian banks have $80 billion of exposure to oil including untapped loans

Canada’s top banks have a combined exposure of C$107 billion (USD$80 billion) to the oil and gas industry, inclusive of untapped credit lines, reports Bloomberg.

Canadian Imperial …

March 2, 2016 - 6:46 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Energy Industry: I’d Rather Not Be in Your Debt Forever

Energy Industry: I’d Rather Not Be in Your Debt Forever

The Wrath of Godzilla

Oil and gas companies have become wary of debt like the residents of Odo feared the wrath of Godzilla, rising up from the sea to wreak havoc at any moment and smashing buildings in a single …

Deposits in Saudi Banks Down $13.5 Billion in October

Deposits in Saudi Banks Down $13.5 Billion in October

Saudi Arabia sees a squeeze in liquidity as oil prices remain low

Demand for deposits dropped 4.7%, or about $13.5 billion, in Saudi Arabia over the course of October, forcing banks to borrow more from each other. The rate at …

Banks Easing Lending Practices, Expect Good Loan Performance in 2015: Fed Survey

Banks Easing Lending Practices, Expect Good Loan Performance in 2015: Fed Survey

A Federal Reserve Board survey of senior loan officers on bank lending practices found that, over the last three months, credit standards for approving applications for commercial and industrial (C&I) loans or credit lines have eased in many cases. Of …

February 4, 2015 - 10:40 am Oil and Gas 360 Articles