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	<title>Stock Blog Hub &#187; HDFC Bank Limited</title>
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		<title>(EU) Foreign Banks Stock Update &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840</link>
		<comments>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840#comments</comments>
		<pubDate>Thu, 01 Mar 2012 05:53:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93840</guid>
		<description><![CDATA[Foreign banks have been facing difficulties non-stop since the latest financial crisis, which triggered off as a credit issue in the sub-prime enclave of the U.S. mortgage market in mid-2007, and spilled all over the globe. The latest deterrents –– nagging macroeconomic issues, the European sovereign debt crisis in particular, and regulatory pressure –– also resulted in the sector’s latest under-performance. Moreover, the upcoming quarters look even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change is yet to be felt. The sector entered 2012 with a lot less momentum than anticipated. Rising concerns related to funding and limited access to market ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank Limited &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/01/13/hdb-hdfc-bank-limited-ads-bear-of-the-day-4/90048</link>
		<comments>http://www.stockbloghub.com/2012/01/13/hdb-hdfc-bank-limited-ads-bear-of-the-day-4/90048#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:05:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90048</guid>
		<description><![CDATA[HDFC Bank&#8217;s (HDB) higher operating expenses were the headwind in the company&#8217;s most recently reported quarter. The company is still exposed to threats related to higher cost of funds. Growing competition in the retail space with the re-entry of peers is an added future concern. Our six-month target price of $25.00 per ADS equates to about 22.3x our earnings estimate for fiscal 2012. This target price implies an expected negative total return of 7.6% over that period. This is consistent with our long-term Underperform recommendation on the ADSs. Additionally, the quantitative Zacks Rank for HDFC Bank is currently #5, indicating a significant likelihood of downward pressure on the ADSs over the near term. HDFC BANK LTD (HDB): Free Stock Analysis Report To read this article on Zacks.com click here.]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/hdb-hdfc-bank-limited-ads-bear-of-the-day-4/90048/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280</link>
		<comments>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280#comments</comments>
		<pubDate>Tue, 01 Nov 2011 18:08:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86280</guid>
		<description><![CDATA[The global banking industry is still a sorry sight, and its near term looks even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change has yet to be felt. Potential threats from a deeper European debt crisis and the uncertain outlook for the U.S. economy following the rating downgrades by Standard &#38; Poor’s (S&#38;P) were quite obvious and the sector entered the second half of 2011 with a lot less momentum than was anticipated. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank Limited &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/10/20/hdb-hdfc-bank-limited-ads-bear-of-the-day-3/85503</link>
		<comments>http://www.stockbloghub.com/2011/10/20/hdb-hdfc-bank-limited-ads-bear-of-the-day-3/85503#comments</comments>
		<pubDate>Thu, 20 Oct 2011 14:47:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85503</guid>
		<description><![CDATA[HDFC Bank (HDB), like most Indian banks, are expected to encounter higher cost of funds as they have to raise deposit rates to meet increasing loan demand. This will keep margins of some banks including HDFC Bank under pressure. But as lending rates are expected to climb faster in the upcoming quarters, demand for loans would decline. On a price-to-book basis, HDFC Bank is trading at 3.8x, a sizeable premium to the 1.1x for the industry average. The valuation on a price-to-book basis looks expensive, given a trailing 12- month ROE that is only 9% above the industry average. Our six-month target price of $28.00 per ADS equates to about 23.1x our earnings estimate for fiscal 2012. This target price implies an expected negative total return of 10.1% over that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/20/hdb-hdfc-bank-limited-ads-bear-of-the-day-3/85503/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Non-U.S. Banks Stock Update &#8211; July 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78469</guid>
		<description><![CDATA[Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking sector has been recovering at a moderate pace from the latest financial crisis that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled all over the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressure as they ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank Limited &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/06/16/hdb-hdfc-bank-limited-ads-bear-of-the-day-2/76489</link>
		<comments>http://www.stockbloghub.com/2011/06/16/hdb-hdfc-bank-limited-ads-bear-of-the-day-2/76489#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:23:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76489</guid>
		<description><![CDATA[HDFC Bank, Ltd.&#8217;s (HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition in the retail space with the re-entry of peers is a future concern. Most Indian banks are expected to encounter higher costs of funds as they have to raise deposit rates to meet increasing loans demand. This will keep margins of some banks, including HDFC Bank, under pressure. Our six-month target price of $146.00 per ADS equates to about 24.7x our earnings estimate for fiscal 2012. This target price implies an expected negative total return of 9.3% over that period. This is consistent with our ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/hdb-hdfc-bank-limited-ads-bear-of-the-day-2/76489/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank Limited &#8211; ADS- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/06/09/hdb-hdfc-bank-limited-ads-bear-of-the-day/75761</link>
		<comments>http://www.stockbloghub.com/2011/06/09/hdb-hdfc-bank-limited-ads-bear-of-the-day/75761#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:36:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75761</guid>
		<description><![CDATA[HDFC Bank, Ltd.&#8217;s (HDB) fiscal fourth quarter 2011 (ended March 31, 2011) net earnings were up 33.2% year over year. However, higher operating expenses were among the negatives. The company is still exposed to the threat related to higher cost of funds. Also, growing competition in the retail space with the re-entry of peers is a future concern. Most of Indian banks are expected to encounter higher costs of funds as they have to raise deposit rates to meet increasing loans demand. This will keep margins of some banks, including HDFC Bank, under pressure. Our six-month target price of $146.00 per ADS equates to about 24.7x our earnings estimate for fiscal 2012. This target price implies an expected negative total return of 9.3% over that period. This is consistent with ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/09/hdb-hdfc-bank-limited-ads-bear-of-the-day/75761/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank Limited &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/03/13/hdb-hdfc-bank-limited-bear-of-the-day/68326</link>
		<comments>http://www.stockbloghub.com/2011/03/13/hdb-hdfc-bank-limited-bear-of-the-day/68326#comments</comments>
		<pubDate>Sun, 13 Mar 2011 18:51:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68326</guid>
		<description><![CDATA[We downgrade our recommendation on HDFC Bank, Ltd. &#8211; ADS (HDB) to Underperform from Neutral based on the looming threat of higher cost of funds and ebbing loan demand. Higher operating expenses along with puffy provisions and contingencies were the downside in its latest earnings report. Increasing competition in the retail space with the re-entry of peers is a future concern. Also, slowing loan demand is expected to keep bottom line under pressure. Our six-month target price of $141.00 per ADS equates to about 29.8x our earnings estimate for fiscal 2011. This target price implies an expected negative total return of 9.0% over that period. This is consistent with our long-term Underperform recommendation. HDFC BANK LTD (HDB): Free Stock Analysis Report Zacks Investment Research]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; February 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033</link>
		<comments>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033#comments</comments>
		<pubDate>Wed, 16 Feb 2011 02:26:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67033</guid>
		<description><![CDATA[Aided by worldwide regulatory reform, the global banking industry has reached a phase of a transformation in 2011. Since 2010, the industry has been recovering at a moderate pace from the worst financial crisis in history that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled over to every corner of the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressures now that they have been rescued by taxpayers&#8217; money and government intervention. While non-U.S. banks are still facing liquidity and confidence challenges, government intervention to alleviate industry concerns have significantly raised political hurdles in the sector over time. Politics will continue to influence lending decisions of banks until they repay ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) Stock Market News For December 10, 2010  &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2010/12/10/aig-stock-market-news-for-december-10-2010-market-news/61884</link>
		<comments>http://www.stockbloghub.com/2010/12/10/aig-stock-market-news-for-december-10-2010-market-news/61884#comments</comments>
		<pubDate>Fri, 10 Dec 2010 20:14:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[ARB]]></category>
		<category><![CDATA[Arbitron Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[Dean Foods Company]]></category>
		<category><![CDATA[DF]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=61884</guid>
		<description><![CDATA[On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE:DD), but the S&#38;P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007. The major benchmark indices swayed on the back of forecasts and reports. DuPont’s (NYSE:DD) forecast of earnings for 2011 was below the Street estimates, and this somewhat led to the slight fall in the DJIA. The stock fell 1.14%. But the other key indices modestly advanced primarily based on reports that instilled optimism about the economy. The government’s count of weekly initial jobless claims was downsized to 421,000, and it bettered analysts’ expectation of 425,000. Investors took a positive stance, somewhat banking on this positive report ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/10/aig-stock-market-news-for-december-10-2010-market-news/61884/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617</link>
		<comments>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617#comments</comments>
		<pubDate>Wed, 17 Nov 2010 02:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59617</guid>
		<description><![CDATA[The global banking industry has been recovering at a slow pace from the worst financial crisis that started as a credit issue in the subprime segment of the U.S. mortgage market in mid-2007 and spilled over to Europe and other economies. Though the worst of the financial crisis is behind us, there remain major challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Consequently, political interference in the sector has increased significantly over time, which has added to existing financial risks. Politics will continue to influence the banks’ lending decisions until they repay the government money. According ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCH) Non-U.S. Banks Stock Update &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/08/bch-non-u-s-banks-stock-update-july-2010-industry-outlook/42926</link>
		<comments>http://www.stockbloghub.com/2010/07/08/bch-non-u-s-banks-stock-update-july-2010-industry-outlook/42926#comments</comments>
		<pubDate>Thu, 08 Jul 2010 22:56:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42926</guid>
		<description><![CDATA[The global banking industry has been recovering at a slower pace from the worst downturn since the Great Depression that started as a credit issue in the subprime segment of the U.S. mortgage market and ultimately spread to engulf almost the entire global financial services industry. Though the worst of the financial crisis is behind us, there remain major political challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Consequently, the political interference in the sector has increased significantly over time. The politicization has added to the existing financial risks that banks face. The political interference will ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/08/bch-non-u-s-banks-stock-update-july-2010-industry-outlook/42926/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($RBS) Outlook for the Non-U.S. Banks Industry</title>
		<link>http://www.stockbloghub.com/2010/03/30/rbs-outlook-for-the-non-u-s-banks-industry/32283</link>
		<comments>http://www.stockbloghub.com/2010/03/30/rbs-outlook-for-the-non-u-s-banks-industry/32283#comments</comments>
		<pubDate>Tue, 30 Mar 2010 14:17:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mizuho Financial Group]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32283</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression has now spread to almost the entire global financial services industry. However, we believe that the worst of the global financial crisis is behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, there remain lingering concerns. However, we believe it would be a perfect time to get involved with non-U.S. bank stocks for long-term investments, as valuations are now comparatively cheaper. Investors ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/30/rbs-outlook-for-the-non-u-s-banks-industry/32283/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HDB) HDFC Bank&#8217;s Profit Increases</title>
		<link>http://www.stockbloghub.com/2010/01/18/hdb-hdfc-banks-profit-increases/25205</link>
		<comments>http://www.stockbloghub.com/2010/01/18/hdb-hdfc-banks-profit-increases/25205#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:16:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[Avis Budget Group Inc]]></category>
		<category><![CDATA[CAR]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[NIM]]></category>
		<category><![CDATA[Nuveen Select Maturities Municipal Fund]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25205</guid>
		<description><![CDATA[HDFC Bank’s (HDB) 2010 fiscal third quarter (ended Dec. 31, 2009) net earnings of INR8,185 million (US$175 million) were up 31.6% from the prior-year quarter, due primarily to a strong growth in net revenues, almost stable operating expenses and a decrease in provisions and contingencies (primarily comprising loan loss provisions). HDFC Bank’s net interest income for the quarter increased 12.4% year-over-year to INR22,239 million (US$474 million), with net interest margin (NIM) at 4.3%, compared to 4.2% in the preceding quarter. Non-interest revenues for the quarter were INR8,530 million (US$182 million), down 9.2% from the prior-year quarter. While fees and commissions increased from the prior-year quarter, the company experienced a loss of INR265 million (US$6 million) on revaluation/sale of investments in the quarter. The largest component of the non-interest revenue was ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/18/hdb-hdfc-banks-profit-increases/25205/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SAN) Non-US Banks Stock Review &#8211; December 2009 &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/12/22/san-non-us-banks-stock-review-december-2009-zacks-analyst-interviews/23346</link>
		<comments>http://www.stockbloghub.com/2009/12/22/san-non-us-banks-stock-review-december-2009-zacks-analyst-interviews/23346#comments</comments>
		<pubDate>Tue, 22 Dec 2009 18:18:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23346</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression spread to almost the entire financial services industry and all corners of the globe. However, we believe that the worst of the global financial crisis is now probably behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, we believe it would be a bit early to get involved with non-U.S. bank stocks, as the near term fundamental outlook remains weak &#8212; asset ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/22/san-non-us-banks-stock-review-december-2009-zacks-analyst-interviews/23346/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SAN) Non-U.S. Banks Stock Review &#8211; Dec. &#8217;09 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/12/21/san-non-u-s-banks-stock-review-dec-09-industry-outlook/23332</link>
		<comments>http://www.stockbloghub.com/2009/12/21/san-non-u-s-banks-stock-review-dec-09-industry-outlook/23332#comments</comments>
		<pubDate>Tue, 22 Dec 2009 05:31:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23332</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression spread to almost the entire financial services industry and all corners of the globe. However, we believe that the worst of the global financial crisis is now probably behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, we believe it would be a bit early to get involved with non-U.S. bank stocks, as the near term fundamental outlook remains weak &#8212; asset ]]></description>
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		<title>(NCR) NCR Wins Largest ATM Deal in India</title>
		<link>http://www.stockbloghub.com/2009/10/12/ncr-ncr-wins-largest-atm-deal-in-india/17381</link>
		<comments>http://www.stockbloghub.com/2009/10/12/ncr-ncr-wins-largest-atm-deal-in-india/17381#comments</comments>
		<pubDate>Mon, 12 Oct 2009 17:14:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Information Technology Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[NCR]]></category>
		<category><![CDATA[NCR Corporation]]></category>
		<category><![CDATA[SBI]]></category>
		<category><![CDATA[Western Asset Intermediate Muni Fund Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17381</guid>
		<description><![CDATA[NCR Corp. (NCR) has secured the biggest order of automated teller machines (ATMs) in India. The State Bank of India (SBI) has entered into an agreement to purchase around 3,800 ATM machines from NCR. The leading bank of India also signed a seven year service contract with the company. The bank is already using 10,000 NCR ATMs and this repeat order reinforces the fact that SBI is satisfied with the quality and service of NCR. Under this new agreement, NCR will be instrumental in ATM deployment, site implementation service, maintenance and site implementation service. NCR will be supplying the DVSS (Digital Video Surveillance Systems) along with the ATMs to prevent fraudulent activities. The financial terms of the deal is not yet disclosed by the company. This apart, the company is ]]></description>
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