End of Swiss banking secrecy in sight by 2018
Switzerland`s embattled banking secrecy could be dealt a final death blow in 2018, after the government decided on Wednesday to launch talks with other nations on the automatic exchange of account details.
Oct 08, 2014, 23:15 PM IST
AIG collapse would have been catastrophic: Geithner
Former US Treasury Secretary Timothy Geithner testified Tuesday that if insurer AIG had been allowed to fail in 2008, the impact would have been an economic catastrophe.
Oct 08, 2014, 06:13 AM IST
US, Euro banks near deals on Libor, forex rigging: source
Large American and European banks are nearing settlement deals with British regulators over rigging interest rates and manipulating the foreign exchange market
Oct 08, 2014, 06:11 AM IST
IMF warns on growth of shadow banking
Lightly regulated "shadow banking" has grown to huge proportions in the global financial system and increasingly poses a risk to stability, especially in the United States, the IMF said Wednesday.
Oct 01, 2014, 20:12 PM IST
Rate sensitive stocks down post RBI policy
Interest-sensitive realty, banking and auto stocks fell up to 6 percent on Tuesday after the Reserve Bank kept interest rates unchanged in its bi-monthly monetary policy.
Sep 30, 2014, 18:24 PM IST
Large number of banks can co-exist with few big ones: Kochhar
As new players get ready to join India's banking space, top banker Chanda Kochhar feels there is space for a few large banks and a large number of other lenders to cater to the country's banking needs.
Jul 15, 2014, 17:18 PM IST
Worst behind banking industry on NPA front: Kochhar
Reserve Bank Governor Raghuram Rajan had also said last week that the most immediate problem confronting the banking system was that of rising level of stressed assets.
Jul 13, 2014, 14:50 PM IST
