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Westpac to Acquire St. George Bank
The all-stock deal will create Australia's largest bank.
Related Topics: Banks | Financial Services
04:37PM 05/13/08
Citi Shedding $400 Billion in Assets
Shares slide after the bank announces plans to sell non-core assets as it tries to boost revenue growth.
Related Topics: Financial Services | Banks
04:47PM 05/09/08
Citi Shedding $400 Billion in Businesses
The bank plans to sell non-core assets as it tries to boost revenue growth.
Related Topics: Financial Services | Banks
03:57PM 05/09/08
Peltz's Trian Is Eying Debt Fund, Sources Say
Activist Nelson Peltz (above) may invest in New York-based Trimaran or bring some of its managers on board his own firm.
Related Topics: Financial Services
06:44AM 05/09/08
U.S. Mortgages Drive UBS Losses
The Swiss bank lost 11.5 billion Swiss francs on a $19.5 billion writedown to structured finance products tied to U.S. mortgages, as its money management businesses also slipped.
Related Topics: Earnings | Financial Services | Banks
02:43PM 05/06/08
Deutsche Bank Posts First Loss in Five Years
The German bank had warned of the loss earlier this month.
Related Topics: Financial Services | Banks | Earnings
01:48PM 04/29/08
