Banks general
SBS merger with SBI formalised as RS passes bill
19 Dec 2009
NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion
18 Dec 2009
The surprise announcement comes after Australia's AMP, and France's AXA SA, which owns 54 per cent of AXA AP, moved earlier this week to bring a swift conclusion to their ongoing cash and scrip bid for AXA AP
Citi sells 5.4 billion shares to raise $20 billion for TARP repayment
17 Dec 2009
Citi sold 5.4 billion shares at $3.15 apiece against the $3.25 a share the government paid in September for acquiring a stake in Citi.
FDIC hikes 2010 budget to $4 billion
16 Dec 2009
Banks workers go on strike against mergers; services hit
16 Dec 2009
Nearly 600,000 bank employees across the country went on strike today to protest against the merger and consolidation of public sector banks
Bankers' should say, 'not this year ' to bonuses…
15 Dec 2009
The 50-per cent bankers’ bonus levy is a nasty, unworkable piece of policy targeting a specific group, yet, it is entirely understandable in the current climate, says CNN's London correspondent Richard Quest, in his exclusive column for domain-b.
US House formulates new lending and credit rules
12 Dec 2009
Citigroup in talks to raise funds to repay bailout
11 Dec 2009
Citigroup's stock fell sharply for two days in a row, as shareholders anticipated that their holdings would be diluted by a big new equity offering.
Geithner for extending TARP till October 2
10 Dec 2009
BoA repays $45 billion TARP funds
10 Dec 2009
The bank also paid the government $190 million in accrued dividends on the repurchased preferred securities.
HSBC set to acquire RBS’s Indian operations: report
09 Dec 2009
According to an RBS official in India, both the banks have already signed the deal and the actual acquisition depends on regulatory approvals.
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