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 ...
27 Jun, 2023, 12.21 AM IST
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
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 ...
28 Mar, 2022, 08.31 PM IST
Reliance Jio raises Rs 4,500 crore loan to fund electronic purchases from SamsungThis is the first facility by K-sure with RJio and its largest deal in India, but is the second facility by K-sure with the Reliance Group ...
13 May, 2015, 12.42 PM IST
Peugeot set to remake car line-up with $7.2 billion boostCarlos Tavares, PSA Peugeot Citroen's incoming chief executive officer, laid out aggressive plans to use $7.26 billion in funds from invest...
20 Feb, 2014, 05.49 AM IST
- Inditex SA, the owner of the Zara pips Telefonica as Spain's biggest company
This year, Inditex also overtook Banco Santander SA, now Spain's third-biggest company by market value, as the bank's shares fell amid the ...
30 May, 2012, 04.44 AM IST
- RIL raises $2 billion for petrochemical plant expansion
Reliance Industries today said it has raised $2 billion loan from German banks to finance its petrochemical plant expansion.
09 May, 2012, 07.21 PM IST
- Documents detail $4.3bn in Goldman Sachs payouts
A new document discloses the list of banks and hedge funds that received $4.3 billion from Goldman Sachs after the government's bailout of ...
25 Jul, 2010, 02.20 AM IST
- UK to shake up banking, 100s of branches for sale
The official said that the banks were in negotiations with Britain's treasury and European regulators over how many assets they would have ...
01 Nov, 2009, 06.00 AM IST
- US IPO market flexes muscle raising $10 bn in 1 day
There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the cr...
08 Oct, 2009, 01.32 AM IST
- Santander to pay Madoff trustee
Banco Santander SA’s hedge fund unit agreed to a $235 million settlement with the trustee liquidating Bernard Madoff’s defunct money manage...
27 May, 2009, 03.26 AM IST
- Sovereign Bancorp cutting 1,000 jobs amid downturn
Sovereign 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...
20 Dec, 2008, 07.30 AM IST
- Banco Santander to raise 7.19 bn euro through rights issue
Spain's banking major Banco Santander SA on Monday said it will raise 7.19 billion euro through issue of shares on rights basis.
10 Nov, 2008, 07.05 PM IST
- Banco Santander to invest $1.2 bn in Brazil unit
Spain's Banco Santander will invest $1.2 billion over the next two years in its Brazilian operations and open 400 new branches, bank presid...
01 Nov, 2008, 02.10 AM IST
- RBS reassures investors over Fortis
Royal Bank of Scotland Group PLC attempted to reassure investors that it will not be adversely impacted by the government-backed rescue of ...
30 Sep, 2008, 03.57 PM IST
- Citigroup mulling bid for Washington Mutual: Report
New York-based Citigroup Inc is considering to make a bid for financial services provider Washington Mutual Inc, that has been beleaguered ...
19 Sep, 2008, 08.37 PM IST
- SBI Cap 9th largest loan arranger in Asia-Pacific
The total volume for investment grade loans has reached $128.3 billion since the beginning of this year with SBI Capital Markets emerging a...
13 May, 2008, 01.58 PM IST