BNP Paribas, Deutsche Bank sue Bank of America over failure to repay $1.73B in notes Deutsche Bank AG and a BNP Paribas unit ...
Bank of America may need more time for CEO search, Lewis could remain into 2010 Bank of America is having such a hard ...
The Bank of England admitted Tuesday that it lent a total of 61.6 billion pounds to Royal Bank of Scotland and HBOS in secret during last year's financial crisis, adding that the cash had been repaid. The central bank revealed the loans, ...
Lloyds launched the country's largest-ever rights issue on Tuesday to raise 13.5 billion pounds from existing shareholders. Lloyds Banking Group (LBG), 43-percent-owned by the taxpayer after a massive government bailout, said in a statement that existing shareholders would be able to buy ...
Lloyds Banking Group on Tuesday said it was offering shareholders new stock at a discount of almost 60 percent under the country's largest ever rights issue. LBG, 43 percent of which is owned by the government after a massive bailout, said existing ...
Britain's partly-nationalised Lloyds Banking Group on Tuesday said it was offering shareholders new stock at a discount of almost 60 percent under the country's largest ever rights issue. LBG, 43-percent state-owned after a massive government bailout, said existing shareholders would be able ...
The 20-year record high bankruptcy rate for US banks and businesses is giving regional banks on sound footing the opportunity to expand swiftly and on the cheap. "It's a significant opportunity because they are able to acquire assets that have been backed-stopped ...
Investors file $100M suit against high-profile Fla. lawyer under federal probe for huge fraud Investors claiming they were fleeced by a high-profile South Florida attorney filed a $100 million lawsuit Friday contending that the lawyer orchestrated a massive Ponzi scheme with the ...
Malaysia's finance ministry has issued a commercial banking licence to China's largest bank, the country's central bank announced Friday. The licence for the Industrial and Commercial Bank of China Limited (ICBC) follows the signing of an arrangement between the China Banking regulatory ...
TOKYO (Reuters) - Mitsubishi UFJ Financial Group <8306.T> became the third major Japanese bank to post upbeat results, underscoring the improving outlook for the sector, and said it would raise $11 billion to meet stricter capital rules. Japan's top bank also said ...
Japan's biggest bank Mitsubishi UFJ Financial announced plans Wednesday to raise billion of dollars from investors, joining a scramble by firms to boost finances ravaged the global financial crisis. The news came as MUFG reported net profit soared 53.2 percent in the ...
Japan's biggest bank Mitsubishi UFJ Financial Group (MUFG) said Wednesday its first-half net profit soared 53.2 percent from a year earlier to 140.95 billion yen (1.6 billion dollars). Copyright 2009 AFP Global Edition
