Vienna - The Austrian daughter of Italian bank UniCredit will cut 570 jobs over the next three years as part of a plan to reduce the group's total workforce by 9,000 by 2010, Bank Austria announced
Indian operations of Citi bank have doubled profit for the year ended March 31, 2008. The bank has gained 100% profit rise notwithstanding sub prime crisis.
Dusseldorf - Germany's IKB Industriebank AG, which has one of the nation's prominent casualties of the subprime crisis, reported Thursday a lower-than-expected loss as a tax benefit helped the gro
Housing Development and Finance Corp (HDFC) on Monday announced raising home loan rates for existing as well as new customers by much as 75 basis points (100 basis points=1%).