Here's a look at this morning's banking and finance news:
- U.S. bank credit is growing at the fastest pace in three years, a sign of economic improvement, Bloomberg reports.
- The Wall Street Journal examines the "extensive financial entanglements" among Europe's banks and governments.
- Many big bank customers who say they don't like big banks have no plans to switch to a smaller lender, the Boston Globe reports.
- Ex-FDIC Chairman Sheila Bair is a top candidate among state officials to make sure banks comply with any settlement of a nationwide foreclosure probe, Bloomberg writes.
- Technical problems at the New York Stock Exchange this morning are affecting Bank of America and other stocks, the Wall Street Journal's MarketBeat blog reports.
1 comments:
http://money.cnn.com/2010/05/19/news/companies/banks_credibility.fortune/index.htm
The info in that article would suggest that bank lending is not expanding as thee banks would like you to think.
Post a Comment