Credit Suisse shares soar 40% after central bank lifelineThe Euro Stoxx Banks Index climbed 3.5% at 9:09 a.m. in Paris after tumbling 8.4% Wednesday, the most since March 2020, on mounting concern...
16 Mar, 2023, 02.01 PM IST
European shares flat as inflation woes offset earnings cheer, China recovery hopesData showed British consumer price inflation hit 9.0% in April, its highest level on record, inching closer to Bank of England's (BoE) fore...
18 May, 2022, 02.04 PM IST
UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
15 May, 2022, 10.58 AM IST
This red alert is now flashing on the bond trader’s radar screenThe US gauge is now on track for the biggest three-month increase since late 2016.
10 Nov, 2019, 12.11 PM IST
ECB begins transition to new short-term benchmarkThe shift comes as similar actions are underfoot in sterling and dollar markets.
03 Oct, 2019, 10.37 AM IST
World’s worst bad-loan mess set to worsen on India’s cash crunchA cash crunch in shadow-banking sector is challenging banks as they seek to tidy up their balance sheets.
08 Sep, 2019, 01.18 PM IST
Deutsche Bank ends merger talks with CommerzbankFor Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.
25 Apr, 2019, 11.35 PM IST
Bank of Baroda to buy out JV partner's entire stake in mutual fund businessState-owned Bank of Baroda will fully acquire its mutual fund and trustee business and buy the entire 51 per cent stake held by the joint-v...
29 Dec, 2017, 10.57 AM IST
Banks urge Basel Committee U-turn on asset-based debtBanks from Deutsche Bank to Barclays attacked proposals to overhaul global cap rules for asset-backed debt, saying they risk choking securi...
09 Apr, 2014, 05.20 AM IST
- Italian banks including UniCredit SpA and Intesa Sanpaolo SpA plunge as debt contagion risks
Italian banks, including UniCredit SpA and Intesa Sanpaolo SpA, tumbled in Milan trading as speculation that the country may become the nex...
04 Aug, 2011, 05.36 AM IST
- European Union may accept Greek default
The Greek financing package will consist of 109 billion euros from the euro region and the IMF.
23 Jul, 2011, 04.08 AM IST
- Gaddafi's fund has only 0.1% stake in ICICI Bank
Sources in ICICI Bank said that the sovereign wealth fund had acquired stake by purchasing American Depository Receipts in the internationa...
07 Jun, 2011, 09.28 AM IST
- $55 bn bid for Colgate: Should Unilever buy?
Unilever, the world's second-largest consumer-goods company, should seek to acquire Colgate-Palmolive Co...
09 Feb, 2011, 10.58 AM IST
- Bank default swaps rise on US housing slowdown
Foreclosures and weak jobs growth are hurting the American housing market with existing home sales dropping.
25 Aug, 2010, 04.49 AM IST
- UK i-banks double pay to win back employees
London’s investment banks are luring back traders and analysts they lost to brokerage firms during the credit crisis, compensating for lowe...
09 Jan, 2010, 02.09 AM IST
- Mechel at Putin's mercy
Russia’s bear grip is sparing none. After Yukos and TNK-BP, it’s the turn of OAO Mechel to face the wrath of the Russian state.
15 Aug, 2008, 01.46 AM IST
- Paulson's path could be a perilous one
Treasury secretary Henry Paulson’s plan to revive US mortgage financing depends on investors buying the same kind of bonds they’re shunning...
23 Jul, 2008, 12.35 AM IST