Banks general
Singapore's OCBC to acquire ING Asia private bank for $1.5 billion
15 Oct 2009
Singapore's third-biggest bank, clinched the surprise deal beating global banking group HSBC
French bank to repay €3-billion government aid
15 Oct 2009
The Paris-based banking major is among the top five banking groups which received government support of around €20 billion to weather the global financial crisis.
Switzerland to tax wealth stashed away by Indians
14 Oct 2009
Once the laws are in place the Swiss banks will tax the wealth on behalf of Indian and other foreign governments as an alternative to the sharing of information.
Pay czar Feinberg asks AIG to withhold bonus payments
14 Oct 2009
Kenneth Feinberg has informally advised the New York-based insurance and financial services conglomerate not to pay the full $198 million employees
Jeffrey Peek to step down as CEO of CIT
13 Oct 2009
Fresh caps on third-party use of ATMs
12 Oct 2009
UAE’s Aabar acquires Banco Santander stake in Brazil
12 Oct 2009
Banco Santander is generally considered a very good bank with over 2,000 branches in Brazil that have had limited fallout from the subprime crisis.
Lloyds mulls £11-billion rights issue
12 Oct 2009
British banking and insurance major, Lloyds is keen to break-out off the UK government's Asset Protection Scheme