You are here:News Home» Topic» Bank Collapse»

Bank Collapse

submit to reddit

'Bank Collapse' - 22 News Result(s)

  • Rouble Steady in Asia After Russia Measures to Halt Collapse

    Rouble Steady in Asia After Russia Measures to Halt Collapse

    Moscow said on Wednesday it would sell about $7 billion in foreign reserves to prop up its currency and also implement other measures to prevent a sell-off. That came after a central bank interest rate hike to 17 per cent from 10.5 per cent failed to...

  • Russian Turmoil Unlikely to Slow Fed's Cruise to First Rate Hike

    Russian Turmoil Unlikely to Slow Fed's Cruise to First Rate Hike

    The dramatic fall in Russia's rouble underscored how the oil collapse is shifting wealth and economic expectations around the world, creating a more volatile environment for the US central bank as it prepares to lift rates that have been near zero fo...

  • Oil Explorers Sink on Crude Plunge, Russia Worries

    Oil Explorers Sink on Crude Plunge, Russia Worries

    Russia's central bank raises its key interest rate to halt a collapse in rouble, raising fears about global economy. Russia's economy has been hit by the fall in oil prices and Western sanctions.

  • Lehman Collapse: Six Years on India Still Feels After-Effects

    Lehman Collapse: Six Years on India Still Feels After-Effects

    Within three months of Lehman's collapse, the BSE Sensex crashed to 8,535 in the wake of global finance crisis, plunging 60 per cent from around 21,000 levels in January 2008.

  • Global Markets: Investors Cheer Portuguese Bank Rescue

    Global Markets: Investors Cheer Portuguese Bank Rescue

    Lisbon on Sunday announced a near 5 billion-euro rescue of the country's largest listed bank Banco Espirito Santo, preventing its collapse and potential contagion across the continent's banking sector.

  • JPMorgan Chase to pay $4.5 billion in mortgage security deal

    JPMorgan Chase to pay $4.5 billion in mortgage security deal

    JPMorgan Chase & Co, the biggest US bank by assets, said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.

  • JPMorgan Chase to pay $4.5 billion in mortgage security deal

    JPMorgan Chase to pay $4.5 billion in mortgage security deal

    JPMorgan Chase & Co said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.

  • Americans win Nobel prize for work on predicting markets

    Americans win Nobel prize for work on predicting markets

    Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of long term asset prices, a hot topic since the collapse of the U.S. housing market bubble prompted a global financial meltdown.

  • Five years after Lehman, risk moves into the shadows

    Five years after Lehman, risk moves into the shadows

    But five years after the collapse of Lehman Brothers turned a mortgage crisis into a full-blown financial panic, banks are pulling back their balance sheets from the fringes of the credit markets, with more and more risk being driven to unregulated l...

  • Star economist takes over India's central bank amid crisis

    Star economist takes over India's central bank amid crisis

    Rajan, a high-profile former IMF chief economist renowned for predicting the 2008 global financial collapse, moves into the Reserve Bank of India's office on Thursday, replacing his retiring predecessor Duvvuri Subbarao.

  • Where is the rupee? Currency collapse confounds India Inc

    Where is the rupee? Currency collapse confounds India Inc

    The rupee has tumbled 17 per cent so far this year and hit an all-time low of 66.30 against the dollar on Tuesday, resisting a spate of interventions by the Reserve Bank of India (RBI) and the government as investor fears about emerging markets deepe...

  • Bangladesh factories shut by worker protests to reopen on Friday

    Bangladesh factories shut by worker protests to reopen on Friday

    Bangladesh will reopen more than 300 garment factories on Friday, ending a three-day forced closure due to worker protests over pay and working conditions after a building collapse killed more than 1,100 people.

  • Wal-Mart checks Bangladesh factories; retailer accord elusive

    Wal-Mart checks Bangladesh factories; retailer accord elusive

    Wal-Mart Stores Inc stepped up Bangladesh factory inspections while US and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.

  • Oil prices up in Asia on Cyprus bailout deal

    Oil prices up in Asia on Cyprus bailout deal

    Oil prices rose in Asian trade today after Cyprus and its international creditors struck a 10-billion-euro bailout deal, averting a collapse of the country's banking system.

  • Asian shares rise on revamped Cyprus deal

    Asian shares rise on revamped Cyprus deal

    The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10-billion-euro bailout hours before a deadline to avert a financial collapse on the Mediterranean island.

  • Cyprus bailout bid goes down to the wire

    Cyprus bailout bid goes down to the wire

    Cyprus faces a Monday deadline to clinch a 10 billion euro bailout from the European Union or the European Central Bank sauys it will cut off emergency funding to the country's stricken banks, spelling certain collapse and potentially pushing the isl...

  • Two Kabul Bank executives sentenced to prison for multi-million-dollar fraud

    An Afghan court on Tuesday sentenced two senior Kabul Bank executives to five years in jail for a staggering multi-million-dollar fraud that caused the country's largest bank to collapse in 2010.

  • No longer fear a euro zone collapse: Bank of Israel governor

    No longer fear a euro zone collapse: Bank of Israel governor

    Stanley Fischer, governor of the Bank of Israel speaks to NDTVs Namrata Brar about policies by central banks around the world, especially the ECB and Federal Reserve, in times of financial crises. Here is the edited transcript of the interview:

  • Subprime lending crisis: NY attorney general sues JPMorgan over Bear Stearns securities

    The New York attorney general's office has hit JPMorgan Chase & Co. with a civil lawsuit, alleging that investment bank Bear Stearns prior to its collapse and subsequent sale to JPMorgan in 2008 perpetrated massive fraud in deals involving billions...

  • Some in US see shades of 2008 in ‘terrifying’ euro crisis

    Some in US see shades of 2008 in ‘terrifying’ euro crisis

    Some suggest markets are taking on shades of the 2008 global crisis, with the potential for a collapse in investor confidence, bank runs in Europe and a seizure for the global financial system.

Advertisement
Advertisement