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Aabar Buys Santander Brasil Stake Abu Dhabi's Aabar Investments has taken a $328 million stake in the Spanish bank's Brazilian unit, as it continues its ambitious diversification drive. Wall Street JournalClearing up the mess: One year on The BBC's business and economy editor looks at the state of the banking sector, a year after the government bail-out. BBCCiti fined amid tax crackdown Citigroup is set to be fined over derivatives deals that were partly designed to help foreign clients avoid taxes on dividends, in a move that could herald a wider crackdown against banks that used similar strategies FTBarclays to sell £4bn assets Barclays is planning to spin off a £4bn portfolio of complex credit assets as the bank presses ahead with a process to clean up its balance sheet and ease shareholder concerns over its investments FTBank to pay $85,000 in EEOC lawsuit settlement OKLAHOMA CITY A Sentinel bank will pay $85,000 to settle a sex discrimination and retaliation lawsuit filed in 2008 by the U.S. Equal Employment Opportunity Commission. Topix.netRPT-UPDATE 1-Lazard says CEO Wasserstein hospitalized NEW YORK, Oct 11 (Reuters) - Investment bank Lazard Ltd said on Sunday that Chairman and chief executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat. ReutersInsurers join forces to beat backlash as bonus row heats up Europe's insurance giants have quietly teamed up in a bid to stave off what they fear could be a hugely damaging backlash from regulators with the banking bonus scandal set to explode again as US inve... Big News NetworkBofA urged to seek external chief executive Pressure from institutional investors is starting to build on Bank of America's board to name an outsider to replace Ken Lewis, who retires as chief executive at the end of the year FTNo Easy Way for Banks to Show Growth When financial firms' third-quarter earnings roll in, the immediate debate will be over which lenders' earnings will be the first to return to normal. Wall Street JournalLost commodity Citi/Phibro: Vikram Pandit has made the right call in hiving off Phibro. The Citigroup boss could have made a case for keeping the commodities trading division. But the brouhaha of a bank propped up by US taxpayers awarding whopping bonuses, including $100 million to head trader Andrew Hall, became so overwhelming that it was not a battle worth fighting. Business Standard1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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