저작물명

Global banks hit hard by global economic slowdown Updated: 2016-02-25 22:34:02 KST

저작(권)자

저작자 미상 (저작물 2267374 건)

출처

이용조건

공표년도

창작년도

2016-02-25

분류(장르)

영상
UCI 로고

UCI 코드 도움말

요약정보

In a reflection of the slow global economy‚ banks in Europe are finding it harder and harder to make a profit. Standard Chartered posted its first annual loss in 26 years on the back of restructuring costs and faltering commodity prices. The bank's pretax loss stood at 1.5 billion U.S. dollars‚ missing analysts' projection of 1.4 billion. It wasn't much different for HSBC. The bank posted a loss of 1.3 billion dollars in the fourth quarter of last year‚ which was in stark contrast to the profit of more than 500 million it recorded in the same period in 2014. But‚ in what could be a ray of light‚ banks in the U.S. are faring relatively well. According to the U.S. Federal Deposit Insurance Corporation‚ nearly 62-hundred commercial banks in the States posted a combined net profit of 40.8 billion U.S. dollars‚ up almost 12 percent from a year ago. "The U.S. is seeing a turnaround in its economy‚ but in Europe‚ even though countries are undertaking stimulus measures‚ many global banks are going through restructuring. This can differ by bank‚ but the ones with greater exposure to emerging markets are being hit." On top of that‚ with many central banks adopting negative interest rates‚ experts aren't predicting a rosy outlook‚ as the subzero rates will lower the net interest margin‚ which in turn will pull down banks' operating profits. Kim Min-ji‚ Arirang News. Reporter : kimmj@arirang.com

저작물 파일 유형

저작물 속성

1 차 저작물

공동저작자

1유형

수집연계 URL

https://www.kf.or.kr

분류(장르)

영상

원문제공

원문URL