Banks general

IBA suggests bond issue for infrastructure lending

31 Dec 2009

US government to inject $3.8 billion into GMAC, hike stake to 56 per cent

US government to inject $3.8 billion into GMAC, hike stake to 56 per cent

31 Dec 2009

The treasury will increase its investment in GMAC to $16.3 billion, from $12.5 billion and will appoint four of the company's nine directors.

Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine

Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine

31 Dec 2009

As part of their continuing hunt for minerals around the world, Chinese companies are now eyeing copper deposits in Kazakhistan.

SBI rules out lending rate hike in the next six months

30 Dec 2009

JP Morgan sues ex-employee for embezzling customer money

29 Dec 2009

IBM inks 10-year deal with Gujarat cooperative bank

29 Dec 2009

Barclays to scale back operations in India, elsewhere

28 Dec 2009

RBS to raise £3 billion through asset sale in 2010

28 Dec 2009

Sberbank seeks compensation from GM for scrapped Opel deal

28 Dec 2009

India's foreign exchange reserves shrink to $283.64 billion

26 Dec 2009

RBI raises daily cap on mobile purchase to Rs50,000

26 Dec 2009

US treasury makes $16 billion profit from bailouts

24 Dec 2009

PNB ‘has headroom’ to raise Rs7000 crore

24 Dec 2009

State Street buys Intesa's securities business for $1.87 billion

State Street buys Intesa's securities business for $1.87 billion

24 Dec 2009

The provider of financial services to institutional investors, has acquired Italian banking group Intesa Sanpaolo’s securities services business with operations in Italy and Luxembourg

Credit Agricole, Societe Generale join hands to form Amundi

Credit Agricole, Societe Generale join hands to form Amundi

24 Dec 2009

With more than 650 billion euros assets under management, Amundi will rank third in Europe and eighth largest ast manager worldwide

CA Bancorp board urges shareholders to spurn Maxam's bid

23 Dec 2009

Citibank unveils novel mortgage home loan facility in India

21 Dec 2009

RBI tightens priority sector norms for bank loans to housing finance companies

19 Dec 2009

RBI announces extension of time for cheque clearances at banks

19 Dec 2009

SBS merger with SBI formalised as RS passes bill

19 Dec 2009

NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion

NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion

18 Dec 2009

The surprise announcement comes after Australia's AMP, and France's AXA SA, which owns 54 per cent of AXA AP, moved earlier this week to bring a swift conclusion to their ongoing cash and scrip bid for AXA AP

Citi sells 5.4 billion shares to raise $20 billion for TARP repayment

Citi sells 5.4 billion shares to raise $20 billion for TARP repayment

17 Dec 2009

Citi sold 5.4 billion shares at $3.15 apiece against the $3.25 a share the government paid in September for acquiring a stake in Citi.

FDIC hikes 2010 budget to $4 billion

16 Dec 2009

Banks workers go on strike against mergers; services hit

Banks workers go on strike against mergers; services hit

16 Dec 2009

Nearly 600,000 bank employees across the country went on strike today to protest against the merger and consolidation of public sector banks

Bankers' should say, 'not this year ' to bonuses…

Bankers' should say, 'not this year ' to bonuses…

15 Dec 2009

The 50-per cent bankers’ bonus levy is a nasty, unworkable piece of policy targeting a specific group, yet, it is entirely understandable in the current climate, says CNN's London correspondent Richard Quest, in his exclusive column for domain-b.

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