Banks 'should show sub-prime hit'
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The UK's banks should reveal their exposure to the US sub-prime sector, the financial watchdog says.
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The US housing downturn may damage investment funds linked to sub-prime lending, experts say.
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UK interest rates are too low and are driving demand for credit, the Bank of England's deputy governor says.
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Canada&#39;s major banks begin reporting third-quarter earnings this week and analysts will be looking to see whether they can repeat the strong showing from the second quarter.
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Federal banking regulators yesterday called on lenders to tighten their standards for issuing nontraditional home loans.
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The Financial Services Authority (FSA) is to take action against five firms that sell sub-prime mortgages.
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The market doesn't always give you prime companies for 30% of the normal asking price.
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Business & money: Bank could step in to tackle fresh inflation fears.
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Plan to bail out struggling sub-prime mortgage defaulters soothes troubled financial markets.
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Contrarian investors who think now is the time to start buying beaten-down banking stocks could be in for a shock if they don't carefully review those companies' distressed home-equity loan portfolios.
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Think subprime was bad? You ain't seen nothing yet.
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HBOS says it will take a Â£180m write-down because of the credit crunch, but adds earnings will meet forecasts.
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Fortis looks set to be under pressure on Monday after a media report that the Belgian-Dutch bank would write down up to 2 billion euros ($2.9 billion) off its subprime portfolio and after its shares fell on talk of profit warnings.
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Business & money: Banks may be forced to seek huge injections of fresh capital as the credit crunch shows no sign of abataing
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Most large US banks appear poised to post higher third-quarter profits, but may struggle to post big gains as sluggish commercial lending and weak stock trading
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Banks in the Middle East will announce losses from exposure to the U.S. subprime mortgage crisis when they report fourth-quarter earnings, the Middle East Economic Digest (MEED) reported, citing bankers.
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Business & money: 9.30am: Shares in the bank jumped almost 3% after recommendation.