Banks general
Bank of America to retire $45 billion bailout debt in days
03 Dec 2009
The move could free the top US lender from pay curbs even as it is set to hire a new chief, but may make it more vulnerable to economic shocks
Chinese bank loans reach 27 per cent of 2009 GDP
27 Nov 2009
With a majority of these loans being used to prop up the stock and property markets, the prices in these sectors have skyrocketed, creating yet another bubble
Bank stocks tumble as Dubai seeks moratorium on debt
27 Nov 2009
Fall of Dubai World could wipe out $40 billion worth of investments that foreign, mainly European banks have made in the rise of Dubai
Credit outlook for Indian banks negative: Moody's
23 Nov 2009
Moody’s main concern about the Indian banking system is the deterioration in asset quality and volume of restructured loans
Ohio sues S&P, Moody’s, Fitch for misleading ratings
21 Nov 2009
The Attorney General of the US state of Ohio, Richard Cordray has taken leading credit rating agencies to court yesterday as their false and misleading credit ratings on mortgage-backed securities cost the state $457 million.
Dutch government to invest $6.6 billion more in ABN AMRO-Fortis
20 Nov 2009
The Dutch government will invest €4.4 billion ($6.6 billion) more to integrate parts of ABN AMRO Bank NV and Fortis Bank Nederland into a strong, stable and profitable bank.
Indian banks' profits up 23.5 per cent in 2008-09
18 Nov 2009
The State Bank group and other nationalised banks showed an increase in profitability while the profitability of private banks and foreign banks declined.
Citigroup to sell stake in Bellsystem24 to Bain Capital for $1.12 billion
16 Nov 2009
The acquisition of Bellsystem24 by Boston-based private equity firm Bain Capital will be the largest buyout made by a foreign private equity firm in Japan in nearly two years
UBS accounts in London closed 3 years back: ADAG
13 Nov 2009
Taxing bankers profligacy
12 Nov 2009
Getting the bad boys to pay for future mistakes has a delicious quality of retribution in advance. It has an air of making the banks put aside something for a rainy day, writes CNN's London correspondent Richard Quest, in his exclusive column for domain-b.
Lloyds Banking Group to axe 5,000 jobs
11 Nov 2009
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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