Banks general
US bank failures touch 106; highest since 1992
24 Oct 2009
Commercial banks' business slowed in 2008-09
23 Oct 2009
Credit flow from scheduled commercial banks in India declined to 21.2 per cent in fiscal 2008-09 from 25 per cent in the previous fiscal while deposits with SCBs grew at 22.4 per cent from 23.1 per cent in 2007-08.
ANZ to roll out new logo with $15 million spend
23 Oct 2009
Stop gouging small borrowers, RBI tells banks
23 Oct 2009
RBI has pulled up banks for continuing to charge unduly high interest rates from retail customers even while announcing a series of cuts in lending rates
Bank of America to sell First Republic Bank for $1 billion
22 Oct 2009
In an effort to raise capital through asset sale, BankAm is divesting for an undisclosed sum First Republic, which it acquired in January this year through its acquisition of Merrill Lynch
US banks: back to profits... and bonuses
21 Oct 2009
Unlike Rama who returned after 14 years in exile, the banks have returned to profitability in just about nine months. And, they haven’t done it on their own but on taxpayer money! And that is the mixed blessing of the banks’ profits, writes CNN's London correspondent Richard Quest, in his exclusive column for domain-b.
BoE governor hits out at banks failure to reform
21 Oct 2009
Bank of England governor Mervyn King launched a scathing attack on the banking industry's failure to reform saying that the scale of support to the banking sector is breathtaking.
Carl Icahn may help finance CIT restructuring
20 Oct 2009
CIT revises restructuring plan
19 Oct 2009
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
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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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