- Citigroup beats HSBC as biggest arranger of bond sales from India
Citigroup Inc has overtaken HSBC Holdings as the leading arranger of overseas bond sales from India for the first time.
28 Oct, 2010, 12.55 AM IST
- Merrill beats Morgan Stanley in profits
In brokerage sweepstakes, the competition is getting fiercer by the day. But Merrill Lynch has little to worry as it stands to gain from a ...
31 Aug, 2010, 01.24 AM IST
- Google predicts online search battle on mobile phones
The battle for leadership in Asia's search engine market will shift from computers to mobile phones as more and more Asians use their hands...
20 May, 2010, 06.07 PM IST
- The 'invisible power' of Big Money at play in the City of London
Taxpayers assumed more than $1.2 trillion of liabilities to bail out financial firms, and an election must be held by June.
13 Mar, 2010, 03.27 AM IST
- No poster boys for crisis is bad news for Goldman
Unable to find a fall guy for the financial crisis and recession, the American people and Congress will take out their frustrations on inst...
25 Nov, 2009, 02.21 AM IST
- 12 Wall Street executives took home over $1 bn in 5 years
A report listed out Citi's Vikram Pandit, JP Morgan's James L Dimon and Goldman's Lloyd C Blankfein, among others with fat pay packets. Qui...
07 Oct, 2008, 09.42 PM IST
- EDF to buy British Energy for $23 bn
Electricite de France (EDF), the world’s biggest nuclear utility, agreed to buy British Energy Group Plc for a sweetened £12.5 billion ($23...
25 Sep, 2008, 02.28 AM IST
- Morgan Stanley, banks rush to complete deals
Wall Street entered into another round of speed dating, with bankers representing Morgan Stanley and Washington Mutual scrambling to put to...
19 Sep, 2008, 02.16 AM IST
- New mortgage giant CEOs face tough challenges
The two men tapped to lead Fannie Mae and Freddie Mac through a period of unprecedented difficulty bring a wealth of experience and reputat...
09 Sep, 2008, 05.46 AM IST
- AIG names Willumstad to replace Martin as chief executive
American International Group Inc., which has lost billions on bad bets on the mortgage market, on Sunday named former Citigroup Inc. execut...
16 Jun, 2008, 06.03 AM IST
- Banks, securities firms mask $35-b markdowns
Banks and securities firms, reeling under record losses resulting from the collapse of the mortgage securities market, are failing to ackno...
20 May, 2008, 12.00 AM IST
- Citi board may choose new CEO this week
The board is under pressure to find a candidate who will reverse the bank’s sliding stock price and stem losses from mortgage holdings.
10 Dec, 2007, 12.41 AM IST
- Subprime crisis: Top execs face the axe
Morgan Stanley’s Zoe Cruz is the latest among Wall Street executives to be shown the door.
01 Dec, 2007, 01.10 AM IST
- Morgan writes down $4 bn
Morgan Stanley, the second-biggest US securities firm, joined Merrill Lynch and Citigroup in booking losses on subprime mortgage-related as...
09 Nov, 2007, 12.09 AM IST
- Citi turns to Stuckey for subprime bailout
Citigroup named Richard Stuckey to manage most of its $43 billion of subprime mortgage assets, choosing the same executive who nine years a...
07 Nov, 2007, 02.04 AM IST
- India can sustain 9-10% growth: PC
Growth rate could cross 10% with good monsoon and right policies, new initiatives and better governance.
27 Oct, 2006, 03.43 PM IST
- Online switch leaves no Trace of US bond traders
Richard Seifer’s corporate bond traders each made as much as $1m just three years ago, working from their office in a skyscraper 150 yards ...
26 Oct, 2006, 12.00 AM IST