Wall Street may be underestimating an important risk metricA study by Climate X highlights that while banks collect data on climate risks, few adjust their financing accordingly.
18 Sep, 2024, 10.03 AM IST
Britain's top lenders could be dismantled smoothly in a crisis, says Bank of EnglandThe Bank of England stated that Britain's major banks could now be wound down during a crisis without requiring taxpayer support. This deve...
06 Aug, 2024, 12.38 PM IST
Santander Banking app and website are down. All you need to knowSantander's online services went down, locking out hundreds of users from their accounts on the morning of 14 November, 2022.
14 Nov, 2022, 05.28 PM IST
European stocks inch up, US Senate race sparks rotation into banks, energyThe pan-European STOXX 600 index was up 0.2%, while UK's FTSE 100 rose 0.7% and Germany's DAX gained 0.2%.
06 Jan, 2021, 05.47 PM IST
America’s debt is surging, and some of the riskiest borrowers are struggling to pay backSubprime auto lending has attracted specialty lenders, such as Santander Consumer USA.
17 Nov, 2017, 09.36 AM IST
What changed your market while you were sleepingNifty50 futures on the Singapore Stock Exchange were trading 11 points higher at 9,697, indicating a flat opening for the domestic market.
08 Jun, 2017, 07.47 AM IST
Six important factors that changed your market while you were sleepingS&P financial index, which tends to rise with expectations for higher rates, slipped 0.2%, while S&P utilities index, which tends to benefi...
07 Sep, 2016, 07.35 AM IST
- Germany rebuffs bank union plan to reshape the euro; says too little emphasis on controlling budgets
European proposals to reshape the crisis-struck euro area ran into criticism from Germany for putting too much emphasis on debt-sharing.
27 Jun, 2012, 12.58 AM IST
- Moody's lists 14 UK banks for Debt downgrade
Lloyds Banking Group and RBS are among 14 UK lenders whose debt Moody’s Investors Service is considering downgrading because the withdrawal...
25 May, 2011, 04.41 AM IST
- Goldman bullish on banks, bond buyers sceptical
Analysts say investors risk ignoring a jump in funding costs that will erode profit.
09 Feb, 2011, 07.21 AM IST
- Citi looking to sell Italian private banking biz: Report
Financial services major Citigroup is looking to either sell or close its private banking business in Italy, a move that could result in hu...
27 Jul, 2009, 04.43 PM IST
- Protests mount before G20 meet
In the last stretch before the London G20 Summit, world leaders called for a united front, and at the same time talked down high expectatio...
31 Mar, 2009, 12.00 AM 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
- 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
- Royal Bank of Scotland to beat profit forecasts
Royal Bank of Scotland (RBS), the UK’s second-biggest bank, reported £1.5 billion ($3 billion) of writedowns caused by slumping credit mark...
07 Dec, 2007, 12.32 AM IST
- Royal Bank consortium won't split ABN AMRO in India
The consortium, comprising Royal Bank of Scotland, Fortis & Santander, won't be able to split ABN in India as they intend to do in other mk...
19 Oct, 2007, 03.00 AM IST
- RBS hikes bid for ABN Amro
Royal Bank of Scotland Group sweetened its $98.1 bn offer for ABN Amro Holding by increasing the cash portion.
17 Jul, 2007, 03.25 AM IST