Andrew Tyrie Urges Bank of England to Release Detailed Crisis Report
Andrew Tyrie, Chairman of the House of Commons Treasury Committee has summoned the Bank of England (BoE) to release a detailed document of the mistakes it made while trying to handle the recent economic crisis.
European Central Bank to Loan Additional Euro 500 Billion to European Banks
Banks across Europe will soon embark on another round of hefty lending from the European Central Bank (ECB).
Lloyds Banking Group and Royal Bank of Scotland to Gain Euro 15 Billion Through LTRO Scheme
Lloyds Banking Group and Royal Bank of Scotland (RBS) are hoping to get Euro15 billion through the three-year Long-Term Refinancing Operation (LTRO) scheme presented by the European Central Bank The low interest rate offered by the LTRO of one percent is holding the interest of both banks.
World Bank's IBRD to Sell Kangaroo Bonds
Kangaroo bonds will be on sale, for the first time since January 2011, by the World Bank's International Bank for Reconstruction and Development (IBRD).
Fiserv Survey Reveals Online, Mobile and Tablet Banking Will Grow
As per Fiserv Inc.'s latest 'Fiserv Consumer Trends Survey' one out of four online households have used mobile banking, and forty percent of mobile banking users have paid a bill using their phone.
Canadian Banks Aim to Attract Foreign Investors
Although growth in Canada's financial institutions outpaced the worldwide pattern during the recession, the trend is now coming to an end.
Citigroup Sells 145.3 Million Shares in HDFC for USD 1.9 Billion
Citigroup Inc. exits an almost seven-year investment in India's largest mortgage lender, selling 145.3 million shares in Housing Development Finance Corp (HDFC) for USD 1.9 billion.
Citi TO Sell USD 2.1 Billion Stake In HDFC
Citigroup Inc. is planning to raise USD 2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) in an attempt to shore up its capital base.
Fitch Downgrades Three More Banks in Australia
Australia and New Zealand Banking Group Ltd that already has an AA minus rating from Fitch is followed by other members of the Australasian country's biggest four financiers Westpac
Banks Without Blacklisted PINS Allow Customer's to be Easily Duped: Cambridge University Research
Cambridge University researchers reveal that banks allowing customers to select their PINs, fail to 'blacklist' the most common variations.