Bank general
Citigroup $2.5-billion quarterly loss lower than expected; shares rise
19 July 2008
UBS exits offshore business in US
18 July 2008
Lehman buys 50 per cent in Unitech's Mumbai project for Rs740 crore
17 July 2008
Bahrain-based bank launches investment company in Navi Mumbai
17 July 2008
Tight money not hurting investments, says ICICI's Kamath
14 July 2008
Spain’s Banco Santander buys UK mortgage lender Alliance & Leicester for $2.6 billion
14 July 2008
Another US bank fails: Regulators seize IndyMac Bancorp assets
12 July 2008
Citi may sell stake in HDFC
12 July 2008
GE sells Japanese consumer lending business for $5.4 billion to Shinsei Bank
12 July 2008
Citigroup sells German unit to France's Credit Mutuel for $7.8 billion
11 July 2008
Spare banks of further rate hikes: IBA tells RBI
10 July 2008
US Treasury undersecretary Steel is new Wachovia CEO
10 July 2008
Canara Bank gets China regulatory nod for Shangai branch
09 July 2008
UCO Bank to raise Rs825 crore, targets profit growth of 82 per cent this yearr
09 July 2008
RBI advocates SHG model for lending to SMEs
09 July 2008
SBI raises floating rate on home loans by 0.5 per cent
05 July 2008
Goldman Sachs predicts dire future for European banks, predicts need for more capital
05 July 2008
French regulator fines Société Générale $6.3 million for lax internal controls
05 July 2008
US wins court order for UBS bank records; steps up probe
04 July 2008
RBI tightens reporting norms for UCBs to check money laundering
03 July 2008
European Central Bank raises key rate by 25 basis points to 4.25 per cent
03 July 2008
Fortune 500 lender CIT Group sells off units for $1.8 billion to exit home lending
02 July 2008
RBI, BoJ sign currency swap agreement
01 July 2008
HDFC, ICICI Bank hike lending, deposit rates
30 June 2008
SBI, UBI hike home and auto loan rates; others to follow
30 June 2008
NHB to set up mortgage guarantee corporation, raise Rs11,000 crore from public
28 June 2008
Citigroup to sell BPO, tech arms in India; may write down $9 billion in Q2
27 June 2008
Bank of America-Countrywide merger to cost 7,500 jobs
27 June 2008
Belgian-Dutch Fortis becomes the latest bank to seek fresh capital
26 June 2008
SBI hikes prime lending rate by 50 basis points to 12.75 per cent
26 June 2008
Mortgage lender Countrywide finds itself the target of Illinois and California lawsuits
26 June 2008
Barclays to raise $8.9 billion to boost capital and lend overseas
25 June 2008
Banks expect lending rates to go up by 1 percentage point
25 June 2008
MasterCard agrees to pay American Express $1.8 billion in antitrust settlement
25 June 2008
RBI hikes repo rate to 8.5 per cent; CRR to go up to 8.75 per cent in 2 stages
24 June 2008
Lone Star chief cleared of stock manipulation, may accelerate HSBC purchase of KEB
24 June 2008
SocGen launching NBFC to expand business in India
24 June 2008
Lloyds TSB in talks with Allianz to buy Dresdner Bank
23 June 2008
Japanese bank Sumitomo set to invest 100 billion yen ($930 million) in Barclays
23 June 2008
RBI freezes credit derivatives plan to limit unchecked credit expansion
20 June 2008
Goldman Sachs says worst yet to come for banks, but sees turnaround in 2009
18 June 2008
SocGen private banking arm buys 37 per cent in Rockefeller Financial Services
17 June 2008
Barclays confirms possible sale of new equity, stock jumps in London trading
16 June 2008
Deutsche Bank to set up Middle-East's largest R&D facility
16 June 2008
Southeast Asian currencies depreciate against a sliding dollar
14 June 2008
State Bank, HDFC to raise lending rates
12 June 2008
RBI hikes repo rate by 25 bps to 8 per cent
11 June 2008
Punjab National Bank, IL&FS sign MoU for industrial infrastructure projects
11 June 2008
Bernanke signals end of rate cuts, talks tough on inflation causing dollar surge
10 June 2008
NREGA brings new growth prospects for rural banks
10 June 2008
Private banks grabbing market share from public sector banks, says Moody's
09 June 2008
Citigroup shuts down consumer finance operations in Japan
06 June 2008
Anti-money laundering act amended to widen scope
06 June 2008
Asian banks can witstand economic downturn: Fitch
06 June 2008
Bank of America’s $4-billion acquisition of mortgage lender Countrywide cleared
06 June 2008
Northern Rock in mortgage swap deal with Lloyds
05 June 2008
US fourth-largest bank Wachovia fires CEO as losses mount; may be takeover target
03 June 2008
SBI leads public sector banks in farm loan waiver
03 June 2008
GE Commercial Finance and Spain’s Banco Santander to swap $1.6 billion of assets
03 June 2008
RBI allows trade in oil bonds up to Rs 1,000 crore per day limit
31 May 2008
HDFC to add 300 ATMs in India, places order with NCR
28 May 2008
Bank of America to exercise portion of China Construction Bank option
28 May 2008
Italy plans to raise $2 billion in 3-year global bonds
27 May 2008
US banks unlikely to fund an MTN merger
27 May 2008
St George Bank board approves Westpac's $19 billion takeover offer
27 May 2008
HSBC pushes for $6.3-billion Korean deal with warning to pull out
27 May 2008
Spain’s Criteria buys 20 per cent stake of Carlos Slim Helu’s bank for $2.4 billion
26 May 2008
SBI hikes interest rates on domestic term deposits
26 May 2008
Doha Bank to set up financial services company in India
26 May 2008
RBI to issue norms for foreign currency exchangeable bonds soon
26 May 2008
SBI employees to go on strike on 6th June, Friday
24 May 2008
RBI asks banks to mark down valuation of special bonds
23 May 2008
Government raises debt relief package to Rs71,680 crore, to cover more farmers
23 May 2008
Venezuela forms development bank with Iran, taps Japanese funds
21 May 2008
SBI rescinds suspension of agri implements loans
21 May 2008
Market-based forex rates can't be used to fight inflation: RBI governor
20 May 2008
Citigroup facing trial in $2 billion Parmalat fraud case
20 May 2008
Royal Bank of Scotland announces four key appointments to strengthen India operations
19 May 2008
SBI puts loans for agri mechanisation on hold
19 May 2008
Morgan Stanley cut 1,500 jobs this week, Layman to follow
17 May 2008
HSBC to acquire 73.21 per cent stake in brokerage IL&FS for Rs1000 crore
17 May 2008
IFC invests $45 million in Standard Chartered Bank initiative for micro-finance sector in Asia and Africa
16 May 2008
SBI to hold majority stake in non-life insurance operations with Australia's IAG
14 May 2008
India to be the 8th largest wealth centre by 2017, says Barclays report
13 May 2008
Australia's Westpac Bank in take-over talks with St George
12 May 2008
Wachovia strips CEO Thompson of chairman's role; appoints Lanty Smith instead
12 May 2008
US bank Sovereign looking to raise $1.5 billion; may lose management control to Santander
10 May 2008
Citigroup to sell off $400 billion of assets over next three years: CEO Vikram Pandit
09 May 2008
US House passes $300 billion housing rescue bill
09 May 2008
Canara HSBC Orienal Bank life insurance JV gets regulatory nod
08 May 2008
HSBC loses data of 159,000 account holders as server goes missing
08 May 2008
Idea Cellular, Tata Communications, Etisalat UAE team up with HSBC India to launch global money transfers
07 May 2008
Target sells 47 per cent in credit card receivables to JPMorgan for $3.6 billion
06 May 2008
Financial innovation, greater transparency can support Asian growth: S&P
06 May 2008
SBI raises FCNR, NRE deposit rates
05 May 2008
ASEAN + 3 to launch $80 billion Asian Monetary Fund
05 May 2008
Basel II positive for debt market development: CRISIL
05 May 2008
SBI to restructure credit card business
03 May 2008
Citi, State Street Sell Joint Venture CitiStreet for $900 million
03 May 2008
UK's Brown bats for free flow of capital
02 May 2008
The continuing travails of Ben Bernanke
01 May 2008
Citigroup stake sale fetches $4.5 billion; exceeds target by 50 per cent
01 May 2008
Mobile banking set to grow
01 May 2008
Wracked by sub-prime crisis, Deutsche Bank posts first quarterly loss in five years
30 April 2008
Citigroup to raise $3 billion in capital through fresh stock sale
30 April 2008
Monetary Policy 2008-09: Between a rock and a hard place
30 April 2008
HSBC gets more time to acquire Lone Star stake in Korea Exchange Bank
29 April 2008
Government announces new schemes for micro, small and medium industries
29 April 2008
RBI sets up working group for launching currency futures
29 April 2008
Defaults in US to accelerate through 2008: S&P
29 April 2008
Deutsche Bank's investment arm RREEF starts India operations, to invest $1 billion
29 April 2008
RBI unlikely to curb liquidity further
28 April 2008
Wachovia to pay $144 million to settle telemarketing fraud allegations
26 April 2008
SBI makes $10 million provision for possible sub prime losses
23 April 2008
Citigroup CEO Vikram Pandit joins other chief executives in saying the end of sub-prime crisis closer than the beginning
23 April 2008
Credit Suisse joins Merrill Lynch and Citigroup in cutting jobs
23 April 2008
Q1 2008 roars like a bear, as downgrades outpace upgrades
23 April 2008
Bank of America’s quarterly profit drops 77 per cent but it still stays in the black
22 April 2008
RBI may toughen monetary stance, says Chidambaram
22 April 2008
Bank of England offers $100 billion debt-swap to ease banks' liquidity
21 April 2008
Bank of England mulls £50-billion bailout for British banks hit by credit crisis
19 April 2008
After Merrill Lynch losses and job cuts, Citi loses $5.11 billion in Q1; to cut 9,000 jobs
18 April 2008
Australia's ANZ to shift 5 per cent jobs from New Zealand to India as business transformation strategy
18 April 2008
RBI raises CRR by 50 basis points to 8 per cent
17 April 2008
Indian financial markets not vulnerable to global developments: Y V Reddy
16 April 2008
Wachovia reports $393 million Q1 loss; plans $7 billion capital infusion
14 April 2008
TVS Group gets its first equity partner; lifts Rs100 crore funds from Goldman Sachs
12 April 2008
G-8 weighs measures to stem market turmoil, reverse US slowdown
11 April 2008
Lehman liquidates three funds after taking a $1 billion hit
10 April 2008
ICICI Bank in tie-up talks with Russia's MBRD for mortgage lending
10 April 2008
IMF predicts close to $1 trillion losses due to US sub-prime mortgage crisis
09 April 2008
Rajan panel suggests more freedom for financial sector
07 April 2008
Goldman Sachs group abandons deal to acquire Myers
05 April 2008
Malaysia's Maybank eyes stake in Pakistan MCB Bank
05 April 2008
Standard & Poor's downgrades Tata Motors credit rating
04 April 2008
Bank of America patents innovative technology for corporate cards
04 April 2008
Loan defaults highest in 15 years, says US bankers’ body
04 April 2008
Citibank aims targeted offering at expatriates
03 April 2008
Sub-prime mortgage crisis: end in sight?
03 April 2008
Credits poised for downgrades reach new record: S&P
02 April 2008
UBS announces fresh $19 billion loss; Deutsche Bank loses additional $3.9 billion
01 April 2008
RBI revises risk management norms to banks
28 March 2008
Citigroup agrees to settle Enron claims for $1.6 billion
26 March 2008
SBI gets nod to start retail operations in Singapore
26 March 2008
Singapore's DBS gets RBI permission to expand in India
25 March 2008
Citibank's sub-prime losses beat combined losses of Indian banking sector
25 March 2008
JPMorgan may raise Bear Stearns bid to $10 a share: report
24 March 2008
Citigroup to retrench 2,000 investment bankers and traders
20 March 2008
Political wrangling leaves Bank of Japan headless
20 March 2008
Fed moves hint of moral hazard
20 March 2008
Major shareholders oppose Bear Stearns takeover by JPMorgan Chase
20 March 2008
BNP Paribas abandons bid for Societe Generale
19 March 2008
Fed cuts short-term interest rate by 75 basis points to 2.25 per cent
19 March 2008
After UCO Bank, Allahabad Bank cuts home loan rates
18 March 2008
SBI, Citigroup, JPMorgan to provide $3 billion for Tata Motors' Jaguar-Land Rover acquisition
18 March 2008
Fed cuts key lending rate to 3.25 per cent
17 March 2008
DBS awaits RBI approval for expanding India operations
17 March 2008
CII organizes Latin American and Caribbean investment seminar
15 March 2008
Finance Minister puts numbers to his Rs60,000 crore loan waiver plan
15 March 2008
US developments may affect policy decisions: RBI governor
15 March 2008
US Fed bails out Bear Sterns through JPMorgan Chase
15 March 2008
US regulators propose tough new rules for mortgage market
14 March 2008
Sub prime crisis end in sight says S&P; raises write-down estimates to $285 billion
14 March 2008
Blackstone buys Titagarh Wagons stake in pre-IPO placement
13 March 2008
UCO Bank to raise Rs625 crore
13 March 2008
JPMorgan sees a tightening of money market liquidity
11 March 2008
RBI makes ATM services free from April 2009
10 March 2008
Global financial institutions take a $215 billion sub prime hit: Japanese regulator
10 March 2008
HDFC Bank to expand its global presence
10 March 2008
Retail Banks’ spend on Business Intelligence technology expected to reach USD$9bn by 2012
10 March 2008
Western banks face $325 billion capital erosion: JPMorgan
08 March 2008
HDFC seeks nod for lending against farmland in Punjab
08 March 2008
StandChart to sell MF business to IDFC
07 March 2008
Chidambaram leaves rate decision to lenders and RBI; says loan waiver won't hurt banks
06 March 2008
Barclays to buy Russia’s Expobank for $745 million
05 March 2008
HSBC gets antitrust approval for Korea Exchange Bank bid
05 March 2008
Barclays launches its ‘Hello Money’ mobile banking in India
05 March 2008
European Central Bank asks US to stem dollar slide
04 March 2008
HSBC profits up 10 per cent despite $17 billion subprime loss
04 March 2008
Banks may need an extra $143 billion to tide over crisis, says Barclays report
04 March 2008
Rangarajan panel wants bank branches to cover 250 new farmers a year
04 March 2008
Minister's statement on ICICI Bank's $264-million sub prime loss sends markets into jitters
04 March 2008
HDFC Bank to secure shareholder approval on Centurion acquisition at EGM on 27 March
04 March 2008
HSBC may sell 7 French units to Banque Populaires for €2.1 billion
29 February 2008
Loan waiver may not help Vidarbha farmers
29 February 2008
Banks expect a bonanza from farm loan waiver
29 February 2008
Nadars bank on Iyengar to control Tamilnad Mercantile Bank
28 February 2008
Germany's HSH Nordbank to sue UBS over sub prime losses
27 February 2008
Dresdner Bank joins rescue plan for Ambac
26 February 2008
HDFC Bank approves merger share swap ratio of 1: 29 Centurion Bank of Punjab shares
25 February 2008
Boards of Centurion Bank, HDFC Bank to consider merger
22 February 2008
HDFC Bank plans to raise $1 billion for overseas expansion
22 February 2008
Government approves continuation of credit-linked capital subsidy scheme
21 February 2008
HDFC Bank in advanced merger talks with Centurion Bank of Punjab: CNBC-TV18
21 February 2008
HSBC heads the list of world's most valuable banking brands
19 February 2008
UK decides to nationalise ailing bank Northern Rock
18 February 2008
Productive sectors have not been starved of credit: Chidamnbaram
12 February 2008
Arcil sells Rs 3,925 crore NPL portfolio to Deutsche Bank
12 February 2008
HSBC may sell around 350 branches in France: report
12 February 2008
SBI, BoI cut lending rates; IOB likely to review rates
11 February 2008
SBI rights to open on February 18; to raise over Rs16,000 crore
08 February 2008
Barclays Plc contracts US credit cards back office contract to Firstsource Solutions
08 February 2008
Weathering the storm: Sleepwalking through a significant market downturn
07 February 2008
Wachovia accused of being party to telemarketing fraud
07 February 2008
RBI puts UBS licence on hold, appoints finance ministry official on its panel
06 February 2008
Canara Bank, Allahabad bank cut home loan rates
05 February 2008
China's top bank ICBC to take 20 per cent in South Africa's Standard Bank
04 February 2008
Citi's troubles and the future of banking
04 February 2008
Banks join to rescue US bond insurer Ambac
02 February 2008
Royal Bank of Canada enters Indian market; targets high net worth individuals
02 February 2008
ICICI Bank cancels plans for new subsidiary
02 February 2008
Credit Agricole joins race for SocGen stake
01 February 2008
BNP to the rescue as France warns against hostile bids for SocGen
31 January 2008
Deutsche Bank increases stake in China's Harvest Fund Management
31 January 2008
Should you take a car loan from a PSU bank or a private one?
30 January 2008
Should you opt for a fixed-rate or a floating-rate loan?
30 January 2008
Everything you should know about car loans
30 January 2008
BNP provides a Rs570-crore equity boost to its Indian operations
28 January 2008
Fears of recession, may force RBI to cut rate: survey
28 January 2008
Japanese bank Mizuho to tie-up with State Bank of India
25 January 2008
Citigroup plans job cuts in UK, India; awards CEO with $26.7 million shares and 3 million options
25 January 2008
France's Societe Generale takes a $7.1 billion hit; alleges fraud by trader
24 January 2008
ICICI launches global fund in Dubai; ties up with UAE Xchange for travel card
23 January 2008
SBI chief sees an easing of interest rates in India
23 January 2008
Bank of India may offer liquidity support to brokers
23 January 2008
Citi announces exchange ratio for share exchange with Nikko Cordial Corporation
19 January 2008
Financial sector downturn tests bank creditworthiness: S&P
18 January 2008
China hikes cash reserve ratio for banks to 15 per cent
17 January 2008
RBI cautions banks on fake currency
15 January 2008
Citigroup raising $14.5 billion after $18 billion write-down, cuts dividend
15 January 2008
SBI to raise Rs16,736 crore through rights issue
14 January 2008
Citigroup may have to write down $24 billion, cut 20,000 jobs: report
14 January 2008
Indian Bank to expand branch and ATM network
12 January 2008
Stanchart looking for a buyer for Indian mutual fund business
12 January 2008
Citigroup looks to Saudi Prince, China for fresh funding
12 January 2008
Northern Rock sells $4.3 billion of assets to J P Morgan to repay Bank of England
12 January 2008
Citibank India to establish new Japan desk
10 January 2008
UAE's First Gulf, Kotak Mahindra tie up for investments, money transfers
09 January 2008
Increasing loan defaults eroding bank profitability: Crisil
09 January 2008
State Bank in Rs800-crore pre-IPO private placement with Mahindra Holidays
08 January 2008
Retail assets: A case for caution, not alarm says CRISIL
08 January 2008
Fed minutes say credit woes may result in more rate cuts
03 January 2008
Chidambaram expects better bids for IFCI
29 December 2007
Citigroup, HSBC may sell units to stave off a crisis: report
28 December 2007
Fed’s second auction of $20 billion in short-term credit draws fewer banks
24 December 2007
RBI releases draft approach paper on Fair Pricing and Enhanced Access of bank ATMs
24 December 2007
Bank of Baroda to raise Rs2,500 crore via bond issue
22 December 2007
Advantage Partners to buy out Tokyo Star Bank for $2.2 billion
22 December 2007
Go green, back sustainable growth, RBI tells banks
21 December 2007
ABN Amro renewing focus on advisory, wealth management services
21 December 2007
ICRA signs MoU with Corporation Bank for loan rating
20 December 2007
US home foreclosures rose 68 per cent in November
20 December 2007
Short-term credit auction: 93 banks bid to borrow money from the Fed
20 December 2007
IFCI dumps Sterlite offer, calls for bids to sell holding in firms
20 December 2007
ECB pumps in $500 billion to resurrect the money markets
19 December 2007
European Central Bank offers $501 billion in short-term funding to banks
18 December 2007
RBI tightens credit flow to mutual funds, foreign institutional investors
14 December 2007
Citigroup to take $49 billion of SIV assets onto its balance sheet
14 December 2007
ICICI, IL&FS, Kotak take equity in Multi Commodity Exchange (MCX)
14 December 2007
A survival guide for central bankers
13 December 2007
The Fed’s painful dilemmas
12 December 2007
Fed cuts rates by a quarter point; Wall Street disappointed, US markets down
12 December 2007
UBS to write down $10 billion, raise $11.5 billion in stake sale
10 December 2007
Russian bank VTB to open branch in India
10 December 2007
US consumer credit October growth rate smaller than expected
10 December 2007
Tightening monetary policy, increased consumer leverage, appreciating rupee to impact Indian banks: Fitch
06 December 2007
RBI issues draft guidelines for banks' recovery agents
30 November 2007
Government clears State Bank's Rs10,000 crore rights issue
30 November 2007
Fed’s beige book paints US economic outlook a dull shade of red
30 November 2007
Fed still divided on cutting interest rates, despite vice chairman Kohn's positive signals
29 November 2007
Fed to inject $8 billion to ease end-of-year credit squeeze
27 November 2007
ICICI Bank securitises Rs1,930 crore car loans
27 November 2007
Citi to sell $7.5 billion of equity units to Abu Dhabi Investment Authority
27 November 2007
Debt protection costs up for Fannie Mae, Freddie Mac
22 November 2007
Fed minutes show a less optimistic view of the US economy
21 November 2007
Government seeks US approval for SBI, BoB expansion
21 November 2007
Citigroup's subprime losses may vault to $15 billion: Goldman Sachs
19 November 2007
Chinese banks eye Singapore government stake in StanChart
19 November 2007
Centre lists measures to improve farm credit
19 November 2007
China raises cash reserve ratio for banks; to allow faster appreciation of the yuan?
17 November 2007
Finance ministry may solve PSU banks' cash crunch problem
17 November 2007
State Bank of India launches gold coins
17 November 2007
Mutual fund assets reach all-time high in October: CRISIL
17 November 2007
IDBI unveils $1.5-billion medium term note programme
16 November 2007
BoB hikes deposit rates; announces plan to raise Rs2,000 crore
16 November 2007
Bank of America, Citigroup and J P Morgan reach agreement on $75-billion SIV backup fund
15 November 2007
Worsening credit crisis pressures threaten Barclays, HSBC
15 November 2007
Asian banks seek tools to fuel growth sans fraud as credit markets boom: The Asian Banker - Fair Isaac Corp survey
15 November 2007
Bank of Japan keeps rates steady at 0.5 per cent
15 November 2007
Germany's WestLB bank is the latest subprime victim; to make a loss in 2007
15 November 2007
ICRA to rate UCO Bank loans under RBI's new Basel II-compliant capital adequacy framework
15 November 2007
Worsening credit crisis pressures threaten Barclays, HSBC
12 November 2007
Bank of America, Citigroup and J P Morgan reach agreement on $75-billion SIV backup fund
12 November 2007
ICICI Bank fined Rs500,000 for rough recovery methods
06 November 2007