New York  -  US banking group JP Morgan Chase reported Wednesday that its net income fell some 50 per cent to 2.37 billion dollars in the first quarter of 2008, reflecting the ongoing turmoil in US

The Reserve Bank of India (RBI) has signed up a memorandum of understanding (MoU) with the Uttar Pradesh

Singapore - United Overseas Bank (UOB) has signed a deal with a Chinese bank

Mumbai-based Private Sector lender, Development Credit Bank (DCB) on Thursday clarified that the bank is not in discussion with any bank for merger

TCI Cyprus Holdings, a London-based hedge fund, has informed that it has acquired 3.45% stake of State-run lender, Indian Overseas Bank (IOB), taking its holdings in the bank to 7.66%.

New York -  US banking firm Citigroup is in negotiations to sell 12 bill