Bank of America rescues Countrywide
Bank of Americas $4 billion all-share purchase of Countrywide Financial could be the first of a number of heavyweight mergers…
ByMonth: January 2008
Concern over impact of new loans
A senior Standard & Poors analyst in Japan has warned the countrys consumer lending market could crash if Japan Post…
ByThe credit card gold mine
Foreign banks given permission to issue yuan-denominated debit and credit cards in China have described the decision as a significant…
ByAlpha Bank expands ambitious three-year plan
The bank also said its international division will be targeted to contribute 30 percent of group profit by 2010, up…
ByWachovia offers its customers
Wachovia, the fourth-largest bank in the US, has introduced Way2Save, an automatic savings programme which at first glance appears to…
ByICICI hits India with iMobile
Indias largest private sector bank, ICICI, has launched a mobile banking service called iMobile The product allows customers to conduct…
BySBI mega-merger still being planned
The long-running saga of State Bank of Indias proposed merger with six of its associate banks is up for discussion…
ByCanadian CEOs remain optimistic
While the knock-on effects of the US subprime meltdown ripple across global financial markets, retail banking heads in neighbouring Canada…
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