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DIAMOND BANK PLC
De Beers bets on India’s rich to boost natural diamond demandThe unit of Anglo American Plc is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week and plans to reach 25 outlet...- CBI files two fresh FIRs against absconding diamantaire Jatin MehtaIn the FIR filed on basis of the complaint from Union Bank of India, the CBI has named the company, Mehta, Bombay Diamonds Company Pvt Ltd ...
- CBI books absconding diamantaire Jatin Mehta in a fresh caseBy the time the alleged fraud surfaced, Mehta had left the country and was believed to be in one of the The Caribbean islands, the sources ...
- Union Bank of India quits Antwerp diamond hubAntwerp didn’t generate “the expected amount of business, particularly from the diamond sector,” UBI said.
- Indian-origin entrepreneur to acquire Nigerian bank's subsidiary in UKThe new bank, which, upon change of control, is intended to be renamed British Commonwealth Trade Bank (BCTB) to address gaps for trade in ...
- Ghosts of past frauds haunt Indian jewellers as banks raise alarmBankers are reviewing all diamond and jeweler-related accounts and in some cases are seeking more collateral and extra documentation.
- Why did Anil Agarwal buy a part of $23 billion Anglo AmericanThe company's shares soared nearly 300 percent last year and it said in February it would resume paying dividends and slow down its asset s...
- Modi's demonetisation move has taken the sparkle out of diamond industryAlmost 80 per cent of the world's gem diamonds are cut and polished by a group of about 100 players in India, who sell mostly for cash.
- Standard Chartered reducing diamond exposure; lenders demand extra collateral from diamantairesBesides rough diamond stock, lenders ask for fixed assets, cash margin and claim on receivables for extending credit facilities.
- Diamonds are still forever, but gems are catching upA flawless pigeon’s blood-red ruby or lustrous emerald is rarer than a large diamond of equal carat and quality.
- After holding out, Barclays CEO Bob Diamond & COO Jerry del Missier quit over Libor scamBarclays has found itself facing perhaps the worst crisis after its top execs - Diamond & Jerry del Missier quit, both victim to an interes...
- Lehman assets a dog's breakfast: Barclays PresidentBarclays Plc's President Robert Diamond said on Tuesday that Lehman creditors fared better under his bank's purchase of Lehman Brothers cor...
- Lloyds says chief executive gives up bonusLloyds Banking Group said that chief executive Eric Daniels has turned down his 2.3 million pound bonus for 2009, becoming the fourth top U...
- Barclays retail head Seegers to step downBarclays said its Global Retail and Commercial Banking (GRCB) Chief Executive Frits Seegers, will leave the company with immediate effect a...
- Wall Street's fallen big shots give the summit a missThey're out of jobs after the world’s biggest financial institutions disclosed more than $1 trillion of writedowns and credit-market losses...
- Barclays to cut 3,000 jobs post Lehman deal: ReportBarclays president Bob Diamond is overseeing the integration of Lehman into his own investment banking and trading groups. The journey of L...
- Lehman re-opens under Barclays ownership, 10k jobs offeredOffers have been made to all employees of Lehman Brothers businesses that have been acquired by Barclays. US mortgage crisis | Anatomy of a...
- Barclays may acquire more of LehmanBarclays PLC said Wednesday it may pick up some of Lehman Brothers' assets and employees in Europe and Asia, on top of the British bank's d...
- Barclays may scoop up Lehman securities unitBritish bank Barclays is near to a deal to buy Lehman Brothers' core US broker-dealer business, including equity, fixed income, M&A advisor...
- Barclays optimistic will win ABN battle: Diamond
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