Banks general
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.
Government not forcing banks to merge: Pranab
08 Dec 2009
Past RBI chiefs broadly agree on current policy directions
08 Dec 2009
At a round-table conference of former and current monetary policy-makers past RBI governors Bimal Jalan, Y V Reddy, C Rangarajan and the current chief are in broad agreement on the current macro economic situation
ANZ acquires RBS’ Vietnam business
07 Dec 2009
British savers lose confidence in banks, hoard money under the mattress
07 Dec 2009
A large number of British savers have lost confidence in the banking system and are hoarding cash at home under the mattress over the past two years
RBI chief Subbarao urges steps to spread financial literacy
05 Dec 2009
Stressing the need for financial literacy, Reserve Bank of India governor D Subbarao on Friday sought inclusion of financial courses in the school and college curricula to improve financial literacy in the country.
Bank of America to retire $45 billion bailout debt in days
03 Dec 2009
The move could free the top US lender from pay curbs even as it is set to hire a new chief, but may make it more vulnerable to economic shocks
Chinese bank loans reach 27 per cent of 2009 GDP
27 Nov 2009
With a majority of these loans being used to prop up the stock and property markets, the prices in these sectors have skyrocketed, creating yet another bubble
Bank stocks tumble as Dubai seeks moratorium on debt
27 Nov 2009
Fall of Dubai World could wipe out $40 billion worth of investments that foreign, mainly European banks have made in the rise of Dubai
Bank stocks tumble as Dubai seeks moratorium on debt
27 Nov 2009
Fall of Dubai World could wipe out $40 billion worth of investments that foreign, mainly European banks have made in the rise of Dubai
Credit outlook for Indian banks negative: Moody's
23 Nov 2009
Moody’s main concern about the Indian banking system is the deterioration in asset quality and volume of restructured loans
Ohio sues S&P, Moody’s, Fitch for misleading ratings
21 Nov 2009
The Attorney General of the US state of Ohio, Richard Cordray has taken leading credit rating agencies to court yesterday as their false and misleading credit ratings on mortgage-backed securities cost the state $457 million.
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