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CITIGROUP AND BANCO SANTANDER
SpaceX lines up 21 banks for mega IPO, code-named project ApexSpaceX is preparing for a massive initial public offering. The rocket company is collaborating with over 20 banks for its upcoming stock ma...- US Stock Market | SpaceX lines up 21 banks for mega IPO, code-named project ApexSpaceX is preparing for a massive initial public offering. The rocket company is collaborating with over twenty banks for its upcoming stoc...
- Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hiresJulius Baer Group Ltd. hired senior bankers from UBS Group AG and JPMorgan Chase & Co. to strengthen its business serving wealthy Indians i...
- Goldman Sachs letting go of 125 managing directors globallyAbout 125 MDs, including some in investment banking, will lose their jobs, said one of the people, who asked not be identified because the ...
- Barclays may report over $500 million loss due to debt-sale SnafuBarclays Bank is very famous due to its business in large fixed-income. The mistake is quite surprising due to this. Several investors and ...
- India retains volume but loses value in fintech funding: KPMG and CB Insights on Q2'16KPMG and CB Insights record a fall in VC-backed fintech startups in Q2'16 but predict a better overall performance than 2015.
- Warburg Pincus-General Atlantic in lead to buy Sharekhan outbidding BNP ParibasAfter five months of negotiations and competitive bidding, the Warburg-General Atlantic combine is said to have outmanoeuvred several globa...
- New risk rule could end up punishing wrong banksThe quirk is the result of risk weighting, the mathematical models that treat trading assets as safer than corporate or consumer lending.
- Banks offer loans to help win bond underwriting dealsThe world’s biggest banks are offering loans to help them win places on companies’ bond deals as a 39% drop in sales this year, the most si...
- Santander unit to buy Citi loan portfolioA US unit of Spain's largest bank, Banco Santander, reached an agreement with Citi's to acquire $3.2 billion of CitiFinancial Auto's auto l...
- Citi finds buyers for retail cardsCitigroup Inc is having trouble finding buyers for its $50 billion portfolio of retailers' credit card loans, and it might end up holding o...
- Citi looking to sell Italian private banking biz: ReportFinancial services major Citigroup is looking to either sell or close its private banking business in Italy, a move that could result in hu...
- Sovereign Bancorp cutting 1,000 jobs amid downturnSovereign Bank, the banking unit of Sovereign Bancorp Inc, said on Friday it is cutting 1,000 jobs, or 8.3 percent of its work force, in an...
- JPMorgan to take over Washington Mutual deposits: reportUS bank JPMorgan Chase is to take over the deposits and the bulk of the operations of its struggling competitor Washington Mutual at the re...
- Citigroup mulling bid for Washington Mutual: ReportNew York-based Citigroup Inc is considering to make a bid for financial services provider Washington Mutual Inc, that has been beleaguered ...
- European banks may need $141 billion capital infusionEuropean banks may need to raise as much as e90 billion to restore their capital after the US subprime mortgage collapse caused credit mark...
- Lloyds TSB may bid for Allianz’ Dresdner BankLloyds TSB Group, Britain’s biggest provider of checking accounts, may bid for Allianz’ Dresdner Bank to reduce dependence on the UK, where...
- Institutions expect a hike in education loan limitPrivate educational institutions and industry are expecting the government to raise in the next Budget the limit of educational loans from ...
- RBS consortium bids record 95.64 bn dlr for ABN AmroA European consortium led by the Royal Bank of Scotland launched a record-breaking bid for ABN Amro worth almost $ 100 billion on Tuesday, ...
- Goldman, Merrill lead in $200-m Mittal fee bonanzaGoldman Sachs Group and Merrill Lynch are leading 13 banks set to share more than $200m in fees from Mittal Steel’s five-month battle to ac...
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