Financial Board
2007 was a tumultuous year for the banking industry. The losses from the sub-prime housing market in the USA rippled around the global finance industry making the banking community a more cautious and cost conscious environment. Even with the Federal Reserve cutting interest rates in order to counteract a possible recession companies are still nervous and looking to reduce expenditure. As such a report from This is Money, the financial analysts, has indicated that North American Banks will be tightening their belts and for the first time... More information is available from UK Business Incubation (UKBI) and the Financial Times.
