On Monday, euro hit a one-month high and is heading towards $1.50, ahead of a European Central Bank policy meeting later this week.
On Monday, shares of the German lender, Commerz Bank AG, were observed to roll down as much as 5.6% during the early trading, soon after the bank had established conditions for the second step of its
Bank of America, Goldman Sachs, and Morgan Stanley are amongst a number of the nation’s largest banks that are currently under review by the New York State attorney general and the Justice Department.
$35 fee would be charged, now onwards, if anyone wants to overdraw his/her checking account, according to a pilot program at Bank of America.
No more attempt to overturn the court ruling forcing U. K banks to pay over 8 billion pounds ($13 billion) to their customers. That is the final decision of U. K.
The European Central Bank (ECB) has announced to keep the interest rate at 1.25%.
On Friday, the shares of Royal Bank of Scotland Group Plc (RBS) were reported with a hike of more than 3% in spite of widened first-quarter loss from accounting charges and rising bad debts in Ireland
The Former Academic Adviser to the People’s Bank of China, Yu Yongding, announced on Thursday that the China’s Central Bank, PBOC should trim down the intrusion in currency market, which is foreign-ex
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 initiatives giving additional benefits to the bankers.
Bankers in the leading financial hub of London are particularly concerned over the...
At 11.10 pm, Barack Obama recorded a historic win by defeating his rival, Mitt Romney by 100 votes. Obama was given 303 electoral votes by the major networks, while Romney got 203.
Obama, the first African American President, was elected...
Objections have been imposed against Cathay Pacific Airways and Virgin Atlantic by the U.K....
A recent report has confirmed that former Warriors captain Peter Ndlovu would be sent to England...
Average price of gasoline has fallen by six cents since past two weeks and further plunge in the price is expected in the coming days.
The decrease is first in the prices since December. According to reports by the Lundberg Survey of fuel...
As per reports, China has recently test fired a rocket that could easily destroy satellites in...
As per the finding of a new study, talking on a mobile phone enhances systolic blood pressure...
A bigger-sized meteor crashed into the moon in March....
We have never come across a notion that the solar...
A 19-year-old high school student has won a $75,000...
Back in 1973 on this day, Congress passed the Endangered...
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