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United Bank of India has declared Kingfisher Airlines and its promoter Vijay Mallya and three directors as wilful defaulters, thus becoming the first bank...
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Caixabank, Spain’s third largest bank, is buying Barclays’s retail banking division in Spain. Caixabank said in a statement it would pay around €800 million...
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Punjab National Bank will set up contact centers in Noida and Mangalore. The bank has entrusted the work to IT services provider Mphasis. The...
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Credit Suisse Group and Julius Baer Group have held talks about a possible merger, according to reports. There have not been any official negotiations...
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Networking virtualisation and data storage provider Brocade has signed a partnership with BNP Paribas Leasing Solutions to deliver Brocade Leasing throughout Europe, specifically in...
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FirstRand Bank-India will focus on lending to individuals in the country and it hoped that a revival in the local economy will help it...
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IDBI Bank and UNICEF have entered into a partnership to provide safe drinking water and sanitation to 80,000 children in 400 schools and Anganwadi...
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RBI governor Raghuram Rajan feels bad loans of Indian banks are a cause for concern, but they are not scary. In a newspaper interview,...
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South Korea’s Fair Trade Commission is investigating the country’s four largest commercial banks over possible interest rates collusion. The Commission sent inspectors to Kookmin...
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The Reserve Bank of Zimbabwe has created a company that will buy non-performing debt from banks. The Zimbabwe Asset Management Corp will purchase the...
