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
RBS denies $2-billion outsourcing reports
08 Oct 2009
SBI cuts deposit rates by 0.25 bps
01 Oct 2009
DCB to offer home loans below 8 per cent
01 Oct 2009
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Featured articles
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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