Banks general
UBS to slash 10,000 jobs worldwide in 3 years
30 Oct 2012
UBS, which has a current staff strength of 64,000, reported a steep loss of 2.2 billion Swiss francs ($2.36 billion) in the September quarter
RBI cuts CRR by 0.25%; other rates unchanged
30 Oct 2012
The Reserve Bank of India today cut the cash reserve ratio by 25 basis points or 2.5 per cent, releasing Rs 17,500 more liquidity into the banking system, even as it left interest rates unchanged
Moody’s warns six Canadian banks of rating cuts
29 Oct 2012
UBS to split with own investment bank
29 Oct 2012
UBS will split with its struggling investment bank next week in a move that would lead to a loss of 10,000 jobs across the Swiss banking group
US authorities probe nine more banks on Libor scandal: report
27 Oct 2012
The US investigation is part of a much wider global probe into the scandal by regulatory authorities in several countries including the UK, Canada and Japan
US government sues Bank of America over 'brazen' loan fraud
25 Oct 2012
The US government has filed a lawsuit against Bank of America Corp, for causing taxpayers over $1 billion in losses with thousands of toxic mortgage loans