Banking

Bank in Spain Suffered Setback over Bad Loans

Bank in Spain Suffered Setback over Bad Loans

There seems to have an increase in the total lending at Spanish banks in the month of September.

Italian Bank Monte Paschi Wins Support from EU and Italy

Italian Bank Monte Paschi

European Union and Italy have agreed to provide help to ailing financial behemoth Banca Monte dei Paschi di Siena under tougher conditions.

European ministers to meet again to break impasse on bank crisis

European ministers to meet again to break impasse on bank crisis

European ministers will make a fresh attempt to break the impasse on who will pay for banks collapses at a meeting on Wednesday, as they failed to hit an agreement on Saturday.

Bonus cap might give rise to basic salaries

Bonus cap might give rise to basic salaries

Financial sector experts have said that the new limit announced by the European officials on the amount of bonus that can be given to banking officials will result in higher basic salaries among other

BofA Questions Eric Schneiderman’s Claims

BofA Questions Eric Schneiderman’s Claims

As per the revelations of a new report, New York Attorney General Eric Schneiderman has been fired back by Bank of America Corp (BAC. N).

Haruhiko Kuroda Nominated as Next BOJ’s Governor

Haruhiko Kuroda Nominated as Next BOJ’s Governor

As per recent reports, it has been revealed that a key opposition party has agreed to approve the appointment of Haruhiko Kuroda as the next governor for Bank of Japan.

Bankia: Nationalized in May 2012 is Now Known as a Symbol of Spain's Banking Collapse

Bankia: Nationalized in May 2012 is Now Known as a Symbol of Spain's Banking Col

Five years ago, when there existed a major crash in the property sector of Spain, the seven savings banks that were highly affected by it got merged together to construct one single incorporation, Ban

Monetary Policy Committee Voted Against Expanding the Quantitative Easing

Monetary Policy Committee Voted Against Expanding the Quantitative Easing

The Governor of Bank of England, Sir Mervyn King voted in favor of expanding the quantitative easing along with Paul Fisher and David Miles.

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NASA sends group of intellectuals to bottom of Atlantic for 16 days to learn abo

The US space agency NASA has sent a crew of astronauts, engineers and scientists at the bottom of the Atlantic Ocean to stay there for 16 days for an apparently counterintuitive reason: to learn about space.

The group of intellectuals will spend time there to get ready for deep space missions, as the microgravity aura deep down...

Exxon reports 46% decline in First Quarter earning

On Thursday, Exxon reported a 46% decline in earnings in the first quarter, by earning $4.9 billion compared with $9.1 billion in the same quarter a year ago. Exxon's top and bottom lines declined due to lower oil prices.

It was the...

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Apple sold 40 million iPhones in April-June quarter; iPhone ASP was $595

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Tesla officially opens its massive Gigafactory in Nevada desert

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Apple iPhone SE gaining more traction than expected with consumers

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Even Small Quantity of Alcohol can cause seven forms of cancer, finds Study

Drinking alcohol even in small quantity can lead to...

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