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Search Results for "Finance and Banking News"

168 Results found for "Finance and Banking News"

Market Headline Published News Category
Finance and Banking Jupiter prices an Initial Public Offering at a time when financial markets are weak

16 June 2010


Jupiter, a British fund firm successfully raised 220 million pounds in a move to pay off the company's debts. The financial markets have been dogged by weak perfo...

Finance and Banking Santander becomes the only bidder for RBS branches

18 June 2010

Mergers & Acquisitions

National Australia Bank Ltd<...

Finance and Banking Budget: Osborne raises VAT to 20% but brings Corporation Tax down

22 June 2010


In the Emergency Budget, the Chancellor George Osborne announced that VAT is to rise from 17.5% to 20% from 4 January 2011. The Duty on landline phones, proposed by Labour with the aim of funding u...

Finance and Banking Bank Levy: A joint move between UK, France and Germany

23 June 2010


The chancellor's announcement of a <a href="The chancellor&rsquo;s announcement of a bank levy in the budget this week is estimated to raise about &pound;2 billion a year to assist in reducing the ...

Finance and Banking Santander acquires retail banking branches in Germany

12 July 2010

Mergers & Acquisitions

Santander announced that it has acquired Sweden's SEB retail banking divis...

Finance and Banking Aon Corp to acquire Hewitt Associates for $4.9 billion

12 July 2010

Mergers & Acquisitions

Aon Corp is t...

Finance and Banking Goldman Sachs shares surge following US$550 million settlement with SEC

16 July 2010


Goldman Sachs has agreed to pay US$550 million fines to settle civi...

Finance and Banking Bank of Ireland and ING Group pass the EU-wide stress testing exercise

23 July 2010


The Committee of European Banking Supervisors (CEBS) in co-operation with the European Central Bank (ECB) and under the supervision of the Central Bank and Financial Regulator has co-ordinated a se...

Finance and Banking Brit Insurance sold to CVC and Apollo for £888 million

26 October 2010

Mergers & Acquisitions

International insurance company Brit Insurance has agreed a deal to be t...

Finance and Banking MetLife acquires American Life Insurance Company for $16.2 billion

1 November 2010

Mergers & Acquisitions

New York-based life insurance company Met Life has completed a deal worth US$16.2 bill...

Finance and Banking BBVA in $5.8 billion deal to jointly run Garanti Bank

2 November 2010

Mergers & Acquisitions

Multinational Spanish banking group BBVA (Banco Bilba...

Finance and Banking Global Payments and la Caixa Form Strategic Joint Venture

19 November 2010

Joint Ventures

Global Payments Inc., a leading, worldwide provider of electronic transaction processing solutions, and la Caixa, the largest retail bank in Spain, have announced an agreement to form a joint ventu...

Finance and Banking Hana Financial Group purchases 51% stake in Korean Exchange Bank

22 November 2010

Mergers & Acquisitions

Hana Financial Group Inc has decided to buy a controlling stake in Korean E...

Finance and Banking Debit cards in circulation will reach 5.3 bn by 2015

25 November 2010


The number of debit cards in use is projected to reach 5.3 billion by the year 2015, driven by the consumer need for exerc...

Finance and Banking J.P. Morgan Chase's Profits Surge; CEO Cites Credit Card Improvements

14 January 2011


Global banking giant J.P. Morgan Chase &amp; Co., unveiled a sharp 47 percent rise in quarterly profits Friday, due in part to a solid recovery of its investment banking business. The bank ...

Finance and Banking UK Economic Growth Shows Sign of Stalling

25 January 2011


UK economic growth showed an unexpected sign of stalling during the last three months of 2010, in part as heavy snow and bad weather took a toll on retail sales, according to new government figures...

Finance and Banking Orange Links Up With Barclaycard to Roll Out Mobile Payments

28 January 2011


UK-based mobile telephone group Orange has linked up with Barclays to provide the UK's first mobile phone-enabled payments service which the companies plan to formally launch this summer. T...

Finance and Banking Robust Growth Predicted for Russian Banking Sector Assets

3 February 2011


A new industry report forecasts that Russian banking sector assets will show strong growth during 2011-2014, in part as the country's banking sector demonstrated strong resilience to the after effe...

Finance and Banking Egyptian Banks' Loan Portfolios Seen Growing Solidly in Coming Years

7 February 2011


Some Egyptian banks re-opened their doors for business Monday after a week of closure due to widespread political protests across the country, as a new industry&nbsp;report&nbsp;forecast solid bank...

Finance and Banking Berkshire Hathaway to Buy Remainder of Wesco Financial

7 February 2011

Mergers & Acquisitions

Berkshire Hathaway said it has reached agreement with Wesco Financial Corporation to acquire the outstanding 19.9 percent of Wesco common stock it does not yet own. The companies valued the...

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