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Today's Headlines |
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Santander says upturn has begun in Europe
Posted on: Thu 28 Apr, 2011.
Spanish banking group Santander said net income fell 4.8% to 2.1bn
euros ($3.1bn; £1.9bn) in the first three months of this year. Read more...
Ghanaian bank in London to invest in Ghana's oil
Posted on: Wed 21 Oct, 2009.
London-based Ghanaian holding bank, Ghana International Bank, says it
is positioning itself to actively participate in the oil and gas
business in Ghana. Read more...
Nigeria begins bank boss charges
Posted on: Tue 01 Sep, 2009.
Four senior banking executives in Nigeria have appeared in court to deny charges they were involved in a multi-billion dollar banking scandal. Read more...
US shuts down BankUnited FSB in biggest failure this year
Posted on: Fri 22 May, 2009.
WASHINGTON (AFP) - US regulators on Thursday shut down BankUnited FSB, an ailing Florida lender, in the largest American bank failure this year. Read more...
BoA wants to pay back bail-out by year end: FT
Posted on: Thu 21 May, 2009.
LONDON (AFP) - Bank of America wants to pay back 45 billion dollars (29 billion euros) in bailout cash received from the US government by the end of the year, the Financial Times in London reported. Read more...
Signs of health suggest US banking crisis ending
Posted on: Thu 21 May, 2009.
WASHINGTON (AFP) - Renewed signs of health among big US banks is sparking hope that the credit crisis is over, with the risks of a new financial meltdown diminishing. Read more...
Japan's Mizuho Financial to raise $8.3 bln: reports
Posted on: Fri 15 May, 2009.
TOKYO (AFP) - Japan's second-largest bank Mizuho Financial Group Inc. plans to raise 8.3 billion dollars by issuing new shares and securities to cope with the global financial crisis, according to reports. Read more...
Germany agrees 'bad bank' scheme: government
Posted on: Wed 13 May, 2009.
BERLIN (AFP) - Germany's cabinet agreed a "bad bank" scheme on Wednesday to clean up toxic assets from banks' balance sheets, a key plank of Berlin's bid to turn around Europe's biggest economy, a spokesman said. Read more...
Venezuela to nationalize Santander subsidiary
Posted on: Mon 11 May, 2009.
CARACAS (AFP) - President Hugo Chavez has said his government will "soon" nationalize the Bank of Venezuela, a local branch of Spain's Grupo Santander. Read more...
HSBC says profits up on last year
Posted on: Mon 11 May, 2009.
LONDON (AFP) - Global banking giant HSBC said on Monday that pre-tax profits in the first quarter of 2009 were "well ahead" of the figure for the same period of last year, despite the world financial crisis. Read more...
RBS reports pound857 mln pounds net loss
Posted on: Fri 08 May, 2009.
LONDON (AFP) - Royal Bank of Scotland, the British lender recently rescued by the taxpayer, reported Friday a first-quarter net loss of 857 million pounds as write-offs linked to the credit crunch soared. Read more...
US banks need to up capital to meet 'stress tests'
Posted on: Fri 08 May, 2009.
WASHINGTON (AFP) - Ten major US banks need to raise a total of 74.6 billion dollars for "capital buffers" in the event of a deeper economic slump under "stress tests" unveiled by US regulators. Read more...
Britain's Lloyds bank reports 'good' revenue
Posted on: Thu 07 May, 2009.
LONDON (AFP) - Britain's partly-nationalised Lloyds Banking Group on Thursday reported "good revenue performance" during the first quarter, while maintaining it expected a pre-tax loss in 2009. Read more...
Lehman purchase boosts Barclays profits
Posted on: Thu 07 May, 2009.
LONDON (AFP) - British bank Barclays on Thursday said net profit rose 12 percent in the first quarter to 826 million pounds, boosted by its part-purchase of failed US investment giant Lehman Brothers Read more...
Bank of America needs at least $33.9 bln
Posted on: Wed 06 May, 2009.
WASHINGTON (AFP) - Bank of America will need to raise between 33.9 and 35 billion dollars in capital to maintain its financial stability, US media reported. Read more...
RBS finance chief to step down
Posted on: Tue 05 May, 2009.
LONDON (AFP) - Royal Bank of Scotland, 70 percent owned by the taxpayer, said on Tuesday that its finance director Guy Whittaker had decided to step down from his role later this year. Read more...
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