DEVELOPMENTS IN THE BANKING SECTOR Operating profits of local banks fell moderately in the first quarter of the year compared with the same period last year. This was mainly due to a contraction in net interest margin a

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Date: 2011-08-09 02:40:00 Monetary policy Federal Reserve System Subprime mortgage crisis Mortgage industry of the United States		DEVELOPMENTS IN THE BANKING SECTOR Operating profits of local banks fell moderately in the first quarter of the year compared with the same period last year. This was mainly due to a contraction in net interest margin a Add to Reading List Source URL: www.hkma.gov.hk Download Document from Source Website File Size: 191,08 KB Share Document on Facebook