Witness the telling signs of opulence that appear in New York every time the banks are hot: nicer parties, smarter attire, exorbitant rents for summer houses in the Hamptons.
Despite the restrictions, Indonesian banks remain hot properties.
Now, the banks are in hot water with regulators and face hundreds of civil suits--a fine mess all around.
German and Italian banks report persistent pockets of credit-quality weakness and banks in America are watching the hot property market for signs of the same.
The mortgage crisis that has sapped the strength from once-hot home builders and banks has left the earnings power of tech companies such as Apple and Google untouched (so far).
All three banks are already in plenty of hot water thanks to issues spanning from allegedly corrupt stock research to "spinning" hot initial public offering shares to investment banking clients in a quid pro quo to land more business from them.
Dimon also discussed the hot topic of breaking up the banks.
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While it appears that banks are dropping the overdraft fee like a hot potato, a major fight over overdraft charges already paid by consumers is just getting started.
FORBES: Banks Suffer Defeat In Multi-Million-Dollar Overdraft Litigation
Cramer also knew that investment banks rewarded their best clients by letting them in on hot IPOs.
It would instantly boost Bank of America to the leading bank in Chicago, a hot market in which many U.S. banks are trying to stake a claim.
Already, some believe that hot money exiting the country helps explain why this year Chinese banks have increased lending at a much slower pace than most observers expected.
FORBES: The Great Chinese Stampede: Hot Money Leaving the Country
Another hot ticket is the Vander Urbani Resort, which opened in 2012 near the banks of the Ljubljanica River.
And now in Brazil, with an economy facing hot consumer demand and a government bent on keeping the lids on it, both banks are staging a comeback.
Individual investors often are shut out of hot IPOs because the shares usually are coveted by big, fee-generating clients of investment banks.
WSJ: Morgan Stanley Was 'Driver' on Facebook's Wild IPO Ride
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