Bank Mergers
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ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
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Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
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Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
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Several Hundred Credit Suisse Bankers To Get Termination Notices: Report
Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the merger of the two banks, the Swiss weekly HandelsZeitung said Friday.
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Opinion: HDFC Merger Will Leave India's Banks Gasping
When the remaking of India's socialist financial landscape began in 1993, very few people believed in the project - some of the 40 applications to set up new private-sector banks were so frivolous that they were written on postcards.
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Amid HDFC Merger, Deepak Parekh's Offer Letter Goes Viral. His Salary Was...
The letter dated July 19, 1978, shows Deepak Parekh was given the post of Deputy General Manager.
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Here's How Much Bankers Earned From Advising On Mega HDFC Merger
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers' struggle for profits in the country.
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HDFC Leaps To 4th In World's Most Valuable Banks List After Mega Merger
In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the country's first home finance company, would cease to exist.
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After Merger, HDFC To Vault Into Ranks Of World's Most Valuable Banks
A homegrown Indian company will for the first time rank among the world's most valuable banks after completing a merger, marking a new challenger to the largest American and Chinese lenders occupying the coveted top spots.
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HDFC-HDFC Bank Merger: What Do Investors Get? All Details Here
The merger of housing finance major HDFC with HDFC Bank, the country's biggest private lender, will come into effect on July 1, according to HDFC Chairman Deepak Parekh.
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Swiss Parliament Rejects $129.82 Billion Aid For Credit Suisse-UBS Merger
Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing.
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Credit Suisse and UBS Merger Could Cost 36,000 Jobs: Report
Before the merger, UBS and Credit Suisse had employed slightly more than 72,000 and 50,000 people, respectively.
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''Even The Mighty Can Fall'': Elon Musk Reacts To Credit Suisse's $3.25 Billion Rescue Deal
Credit Suisse is Switzerland's second-largest bank and the world's eighth-largest investment bank.
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Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal
UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern.
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Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
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ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
-
Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
-
Credit Suisse Merger With UBS To Cost 3,000 Jobs In Switzerland
Banking giant UBS said Thursday that its merger with former rival Credit Suisse and full absorbtion of its Swiss unit would cause 3,000 job cuts in Switzerland in the coming years.
-
Several Hundred Credit Suisse Bankers To Get Termination Notices: Report
Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the merger of the two banks, the Swiss weekly HandelsZeitung said Friday.
-
Opinion: HDFC Merger Will Leave India's Banks Gasping
When the remaking of India's socialist financial landscape began in 1993, very few people believed in the project - some of the 40 applications to set up new private-sector banks were so frivolous that they were written on postcards.
-
Amid HDFC Merger, Deepak Parekh's Offer Letter Goes Viral. His Salary Was...
The letter dated July 19, 1978, shows Deepak Parekh was given the post of Deputy General Manager.
-
Here's How Much Bankers Earned From Advising On Mega HDFC Merger
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers' struggle for profits in the country.
-
HDFC Leaps To 4th In World's Most Valuable Banks List After Mega Merger
In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the country's first home finance company, would cease to exist.
-
After Merger, HDFC To Vault Into Ranks Of World's Most Valuable Banks
A homegrown Indian company will for the first time rank among the world's most valuable banks after completing a merger, marking a new challenger to the largest American and Chinese lenders occupying the coveted top spots.
-
HDFC-HDFC Bank Merger: What Do Investors Get? All Details Here
The merger of housing finance major HDFC with HDFC Bank, the country's biggest private lender, will come into effect on July 1, according to HDFC Chairman Deepak Parekh.
-
Swiss Parliament Rejects $129.82 Billion Aid For Credit Suisse-UBS Merger
Switzerland's parliament rejected on Wednesday the government's 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger with UBS, leaving the fallen bank's hastily arranged rescue without a largely symbolic parliamentary blessing.
-
Credit Suisse and UBS Merger Could Cost 36,000 Jobs: Report
Before the merger, UBS and Credit Suisse had employed slightly more than 72,000 and 50,000 people, respectively.
-
''Even The Mighty Can Fall'': Elon Musk Reacts To Credit Suisse's $3.25 Billion Rescue Deal
Credit Suisse is Switzerland's second-largest bank and the world's eighth-largest investment bank.
-
Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal
UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern.
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Switzerland's Biggest Banks In Spotlight Over Likely "Merger Of Century"
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
