Spain's Banco Santander may exit UK; source says bank assessing situationIn a pretty recent and shocking development it has been known that the renowned Banco Santander from the country Spain is planning to exit ...
20 Jan, 2025, 07.35 PM IST
Fed to give fresh clues on path of interest-rate cutsThe Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting, a two-decade high firs...
20 Mar, 2024, 11.22 AM IST
Santander lays off 320 US jobs in digital shiftSantander, the euro zone's second-largest bank by market value, laid off about 2.4% of its total workforce of 13,489 at the bank's group op...
04 Mar, 2024, 04.19 PM IST
The great M&A slump is shaking up giants of investment bankingTop investment bankers across the industry have been leaving big banks such as Goldman Sachs and Credit Suisse to join smaller rivals. The ...
24 Jul, 2023, 09.41 AM IST
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
Spain's CaixaBank to axe 8,300 staff, union saysCompleted at the end of March, the merger has transformed the landscape of Spanish banking with the new entity retaining the Caixabank name...
20 Apr, 2021, 05.24 PM IST
Spanish banks merge in sign of hard economic times aheadThe deal comes as Europe's financial sector braces for lean times. With banks' profitability in recent years already dented by low interest...
18 Sep, 2020, 06.34 PM IST
RBS likely to scale down its presence in India, to focus on growth in UKThe Reserve Bank of India had objected to RBS operating ABN AMRO’s Indian business under two entities — RBS and RBS Coutts.
13 Jan, 2015, 06.17 AM IST
- Royal Bank of Scotland axes 3,500 jobs
Britain's state-rescued lender Royal Bank of Scotland said on Thursday it was cutting another 3,500 jobs, sparking anger from union bosses.
02 Sep, 2010, 05.30 PM IST
- RBS to unveil 'brutal' cost-cutting measures
Royal Bank of Scotland is likely to unveil brutal cost-cutting exercise that may lead to further job cuts of 10,000-20,000. Pink slip blues...
15 Feb, 2009, 05.35 PM IST
- Sovereign Bank to cut 1,000 jobs
Sovereign Bank, the banking unit of financial services provider Sovereign Bancorp, will slash 1,000 jobs as part of its efforts to bring do...
20 Dec, 2008, 06.13 PM 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
- Santander to buy B&B savings as nationalisation looms
Spain's Santander said on Monday it will take over the retail deposits and branches of Bradford & Bingley for a reported 400 million pounds...
29 Sep, 2008, 07.55 AM IST
- UK's Alliance & Leicester OKs takeover
Shareholders in British mortgage lender Alliance & Leicester on Tuesday approved a 1.3 billion pound (US$2.35 billion) takeover offer from ...
16 Sep, 2008, 07.31 PM IST
- Royal Bank of Scotland suggests planned job cuts could increase
Royal Bank of Scotland Group PLC indicated on Monday that it could step up planned job cuts after its takeover last year of Dutch investmen...
28 Apr, 2008, 09.27 PM IST
- Royal Bank of Scotland suggests planned job cuts could increase
Royal Bank of Scotland Group PLC indicated on Monday that it could step up planned job cuts after its takeover last year of Dutch investmen...
28 Apr, 2008, 09.08 PM IST
- RBS-led troika counters Barclays
A trio of banks led by Royal Bank of Scotland (RBS) has proposed a e72-billion ($98 billion) bid for Dutch bank ABN Amro, threatening to th...
26 Apr, 2007, 01.54 AM IST