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- US sees 90 bank failures in just seven months
The US banking system continues to wobble under financial woes, with 13 banks on an average going belly up every month in 2010.
11 Jul, 2010, 11.16 AM IST
- In five months, 73 US banks collapse; more failures expected
With the banking sector continuing to wobble under financial woes 14 US banks on an average are folding up every month, while the count of ...
23 May, 2010, 11.07 AM IST
- No of troubled banks hits highest in 17 yrs at 775: US govt
In a reflection of how shaky is the American banking system, the number of troubled banks climbed to 775 in the first three months of 2010,...
20 May, 2010, 10.41 PM IST
- Private equity group to buy IndyMac for $13.9 bn
IndyMac has 33 bank branches in Southern California with about $6.5 bn in deposits, about half the co's total at the time of its failure. G...
03 Jan, 2009, 03.10 AM IST
- Bush: Lawmakers 'must listen' vote yes
President Bush said on Thursday "a lot of people are watching" to see if Congress will enact the $700 billion financial rescue plan that he...
02 Oct, 2008, 09.58 PM IST
- Citi agrees to buy Wachovia
Citigroup will acquire the banking operations of Wachovia, rescuing the Charlotte, North Carolinabased lender beset by mortgage losses for ...
30 Sep, 2008, 05.57 AM IST
- Indian American Indra Nooyi, world's third most powerful woman
Indian American Indra Nooyi, the Chairman and CEO of Pepsico US, has been ranked as the third most powerful woman in the world by Forbes ma...
28 Aug, 2008, 02.07 PM IST