Tag: Banking
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Russian bank VTB no longer has control of European Subsidiary
Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions. This was stated by the German...
HDFC Bank’s $40 BLN deal may face regulatory hurdle
India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the...
Barclays faces $590 million hit
British bank Barclays faces an estimated 450 million pound loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some...
UK sanctions Alfa, Gazprombank and Lavrov’s step daughter
Britain sanctioned another wave of Russia's banks, critical industries and a host of members of its elite. This includes Gazprombank, Alfa Bank, and a...
Britain aligns with EU on delaying Basel bank capital rules
The Bank of England said that it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025....