Banks general
ICICI Bank posts unexpected gains
30 Oct 2009
PNB to buy majority stake in Kazakh’s Dana Bank
30 Oct 2009
India’s second-largest public sector lender, has received approval from its board of directors to acquire a majority stake of about 63 per cent in Kazakhstan-based Dana Bank
RBI asks banks to weed out `rogue' accounts
29 Oct 2009
RBI has asked banks to scan all existing accounts to ensure that no account is held by or linked to any of rogue entities identified by the UN Security Council Committee
RBI keeps key rates unchanged; hikes banks' liquidity reserve ratio
27 Oct 2009
The RBI said its monetary and interest rate policy is consistent with price stability and financial stability and supportive of the growth process.
Barclays acquires Standard Life Bank for £226 million
27 Oct 2009
Barclays and Standard Life have also agreed to explore joint opportunities in the UK retail long-term savings and investments sector, starting with a multi-channel, simplified pension product
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
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