London  - Britain's Royal Bank of Scotland (RBS) said Monday that it had secured overwhelming backing for its call to provide 12 billion pounds (24 billion dollars) in cash through a rights issue.

After rolling out the SMS banking services in December 2007, Union Bank of

Frankfurt - The European Central Bank meets Thursday with surging inflation expected to result in the ECB leaving rates on hold at 4.0 per cent for the 12th month in a row.

Frankfurt -