ICICI Bank to sell its Russian subsidiaryCountry's largest private sector lender ICICI Bank today said it has decided to sell its profit making Russian subsidiary ICICI Bank Eurasi...
06 Dec, 2014, 02.21 AM IST
- EU approves Spain's bank recast plan, opens door for 40-bn aid
EC gave the go ahead to Spain to overhaul its stricken nationalised banks on Wednesday and opened the door for a nearly 40-bn Eurozone aid ...
29 Nov, 2012, 01.13 AM IST
- Goldman Sachs agrees $550 million settlement
Goldman Sachs will pay a record 550 million dollars to settle government fraud charges, the Securities and Exchange Commission said Thursda...
16 Jul, 2010, 10.24 AM IST
- Goldman case: Shorting the game to win
Wall Street icon Goldman Sachs denies it misled investors who lost billions of dollars, but Main Street believes that the game was rigged f...
29 Apr, 2010, 06.37 AM IST
- Goldman Sachs executive Tourre denies fraud claims
Fabrice Tourre, the Goldman Sachs Group executive director sued by the Securities and Exchange Commission for fraud, told a Senate subcommi...
28 Apr, 2010, 04.16 AM IST
- Goldman Sachs faces questions in Europe
Goldman Sachs is facing a potential backlash in Europe over the fraud case brought against it in the United States.
19 Apr, 2010, 12.39 AM IST
We didn't design any portfolio to lose money: GoldmanGoldman Sachs has said it did not structure a "portfolio that was designed to lose money".
18 Apr, 2010, 07.34 PM IST
- German bankers told to pay for their mistakes
Former executives at a German bank have been told to pay back millions of euros (dollars) in bonuses earned before the bank had to be rescu...
23 Oct, 2008, 07.37 PM IST
- Crisis could claim more German banks: insurance head
The international financial crisis could claim more victims among German banks, the head of re-insurance giant Munich Re warned.
15 Oct, 2008, 05.14 PM IST
- The largest losses from subprime crisis
Global banks and brokerages have written off a total of $512 billion linked to the US subprime real estate crisis. Following are the larges...
10 Sep, 2008, 09.02 PM IST
- Ripple Effect: Half of world economy faces recession, says Goldman Sachs
Goldman Sachs Group said countries that account for half of the world’s economy face a recession a year after the credit crisis began. Cred...
22 Aug, 2008, 04.00 AM IST
- German subprime-hit bank IKB posts lower annual loss
The German bank IKB, which flirted with bankruptcy after the US subprime housing crisis erupted, posted an annual loss of just 24 million e...
03 Jul, 2008, 02.07 PM IST
- Germany's Sachsen LB pegs exposure at over $4 bn
Landesbank Sachsen Girozentrale, the German state-owned bank getting emergency funding, has about e3 billion ($4 billion) in investments li...
22 Aug, 2007, 03.19 AM IST
- 'Global bank crisis fears overstated'
The credit crunch triggered by a rout in the US subprime housing market doesn’t pose a “systemic” threat to banks, Moody’s Investors Servic...
22 Aug, 2007, 02.15 AM IST
- ICICI shows door to former head
ICICI Bank has sacked its former CEO of Russian operations over `integrity issues’.
10 Aug, 2007, 04.33 AM IST
- ICICI shows door to former CEO of Russia unit
The official, who was ICICI Bank Eurasia LLC’s former president and CEO for around two years was found to have entered into “improper deali...
10 Aug, 2007, 02.00 AM IST
- US subprime worries spills to Europe
The selloff in European credit markets accelerated sharply on Monday, with credit default swap indices hitting all-time highs on continued ...
31 Jul, 2007, 02.47 AM IST