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Westpac Banking Corp. and smaller rival St. George agreed to a takeover deal Tuesday worth 18.6 billion Australian dollars ($17.5 billion) that would create Australia’s biggest bank by market capitalization.
At least eight bank employees and a security guard were lined up and shot dead in the head Friday in a bloody Philippine bank robbery, police said. Another employee was in critical condition at a hospital.
Seven bank employees and a security guard were fatally shot in the head during a bank robbery in a town south of Manila on Friday, police said.
Police say eight people, most of them bank employees, have been fatally shot in a bank robbery in a town south of Manila.
St. George Bank on Tuesday agreed to an 18.6 billion Australian dollar ($17.5 billion) takeover offer from Westpac Banking Corp. that would create Australia’s biggest bank and be one of the country’s largest corporate deals.
Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia’s banking sector in years.
Federal regulators says they’ve closed ANB Financial National Association banks after discovering “unsafe and unsound” business practices there.
The European Central Bank and the Bank of England are leaving their key interest rates steady.
The Bank of England left its interest rate unchanged on Thursday, and the European Central Bank was expected to do likewise as evidence mounts that growth in the euro zone is likely to slow in coming months.
The Bank of England left its interest rate unchanged on Thursday, and the European Central Bank was expected to do likewise as evidence mounts that growth in the euro zone is likely to slow in coming months.
We might want to change our ways to much greener by using internet and saving gas and controlling CO2 emissions. We want to do even more but are ignorant. Here is a chance. How every time you enjoy shopping and spending money, you can actually...
Popular Unicredit of Italy is planning to buy one time rival Capitalia for approximately $29 billions in shares. This will result in the making of the second biggest bank of Europe. Its branches will be available all over from Sicily to Western...
Anticipating an extensive and controversial approval process, the world’s biggest retailer, Wal-Mart Stores decided to withdraw its application to enter the banking industry. Thwarted by a phalanx of opponents from big banks to unions and...
Swedish bank Nordea has gone through the biggest internet fraud in history after more than eight million Swedish kronor (i.e. around £580,000) vanished as a result of tailor-made Trojans launched by Russian criminals who used keylogging software to do...
The bigger is better in the Plasma arena but the customers do surely not like hefty price tags. Well, Panasonic has finally attached a price tag of $80,000 to the world’s largest television set i.e. 103-inch Panasonic plasma TV.
Check your bank...
Wal-Mart in its recent testimony assured that it is not in a process to open bank branches. It’s pertinent to recall that the retailer giant has moved application to open a limited-purpose bank. However, the company reassures that its proposal to start...
A lake bursts its way through the Ghat (bank), destroying it. I know, it’s nothing unusual a story about the river and bank interactions. But, it did hit the headlines and the environmentalists’ concerns. It all happened high in the Himalayas. Such a...
