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THE RATINGS GAME: Bigger Loan Losses Will Hurt Banks In 2009, Deutsche ... - CNN MoneyNEW YORK (Dow Jones) -- Banking stocks traded lower Monday, retreating as Deutsche Bank analysts cut their profit outlook and warned that trouble is likely to spread to more types of loans this year as the economy worsens. The outlook for the banking ...
Deutsche Bank Cuts Estimates, Price Target On U.S. Bancorp (USB) On ... - StreetInsider.comDeutsche Bank said the biggest issue U.S. banks will face in 2009 is loan losses. The firm expects commercial bank loan losses for the industry to increase from 1.5% (3Q08) to 3% by the end of 2010. They said U.S. Bancorp (NYSE: USB ) will be one of ...
Analyst Actions: JP Morgan, Altera, Synovus Financial - BusinessWeekDeutsche Bank analyst Mike Mayo says that worsening economic trends should put additional pressure on JPMorgan Chase & Co.'s ( JPM ) loan portfolios (especially cards, home equity, residential, and commercial mortgage) as well as banking industry in ...
Loan losses to take bigger bite out of banks in 2009 - MarketwatchNEW YORK (MarketWatch) -- Banking stocks traded lower Monday, retreating as Deutsche Bank analysts cut their profit outlook and warned that trouble is likely to spread to more types of loans this year as the economy worsens. The outlook for the ...
Financial sector mixed as investors chew over data, credit outlook - MarketwatchBOSTON (MarketWatch) -- Financial stocks were mixed to start the week but some notable large-cap banking shares lost ground after Deutsche Bank cut its profit outlook for the troubled industry and warned of bigger credit losses in 2009. Deutsche Bank ...
JPMorgan Chase Braces for 'Noisy' Quarter - Street.ComIn two weeks, investors will look under the hood of JPMorgan Chase ( JPM Quote - Cramer on JPM - Stock Picks ) to see how the big bank fared in its first full quarter since it acquired failed thrift Washington Mutual . JPMorgan Chase has thus far ...
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