Virgin Money picks Dorner to form rare female leadership team

Feb 15 2018

Virgin Money formed a rare female chair and chief executive team among Britain’s top 350 listed companies by hiring former HSBC executive Irene Dorner as chairwoman.

Japan's MUFG to pay $30 million to end yen Libor cases in US

Feb 12 2018

Two units of Japan’s “MUFG” agreed to pay $30 million to end private US antitrust litigation claiming they conspired with other banks to rig yen Libor and Euroyen Tibor.

StanChart prunes coverage, may cut investment banking jobs

Feb 06 2018

Standard Chartered is looking to drive returns by boosting lending to key industrial sectors and clients, in a move that could cut about a dozen investment banking jobs.

UK banks secure cuts in cash machine network costs

Jan 31 2018

LINK said it will do “whatever it takes” to retain free access to cash for all communities.

Arcapita appointed advisor to HSBC for $150 mn logistics fund

Jan 29 2018

Arcapita has been appointed as an advisor to HSBC Saudi Arabia for a $150 million investment fund that will target logistics and warehouse assets.

US CFTC to fine UBS, Deutsche, HSBC for spoofing, manipulation

Jan 27 2018

US derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called “spoofing” and manipulation.

GDP may grow to 7% in FY19 as GST impact wanes: HSBC

Jan 24 2018

British lender HSBC said waning effects from the GST impact will help push the Indian GDP growth to 7 percent in FY19.

Carillion collapses as banks refuse to lend it any more money

Jan 15 2018

Carillion collapsed when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of the govt’s important suppliers.

Ryanair keeps big investors onside after rocky 2017

Jan 10 2018

Several institutional investors are backing Ryanair to bounce back from a pilot rostering mess-up.

European shares dip as bond market sends worrying signals

Jan 10 2018

European shares opened slightly lower, with most sectors except financials in the red as concerns grow over the direction of the bond market.

Indian Markets


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Global Markets


Stocks In News



To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI

SBI puts Rs 1935 Cr worth loans up for sale to 24 entities

Seeks bids on cash basis or a mix of cash and security receipts

Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt

Financial Express Reports


Emerges as lowest bidder for Rs 1000 cr project

To set up Vindhychaal-Varanasi 765 KV transmission line

Financial Express Reports


Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr

Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group


Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility


Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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