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Citigroup and Merrill Lynch, who are expecting government regulation changes to spur the growth of the Indian commodity markets, have bought five per cent stakes in India’s top commodities exchange, MCX. Financial Technologies India, which controls the
Written by on September 30th, 2007 with no comments.
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For the Royal Bank of Scotland-led consortium striving to buy ABN Amro, this week should mark a final stage in the biggest financial services deal. The ,71bn ($101bn) offer for the Dutch lender is due to close and, if the trio of banks completes its
Written by on September 30th, 2007 with no comments.
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The Bank was moved to issue a statement clarifying the purity of its gold after the Times newspaper on Saturday ran a report saying some of the gold might have a purity of just 91 per cent. The Times’ report followed the Bank responding to a Freedom of
Written by on September 30th, 2007 with no comments.
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Investment banks are quietly lending to private equity groups looking to do mid-market deals, in spite of pulling the plug on their larger clients because of the consequences of the credit crunch.The total value of deals worth less than ,500m ($711m)
Written by on September 30th, 2007 with no comments.
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(Reuters) - Some of Britain’s gold reserves suffered surface cracks when they were cast 50 years ago in New York, but the purity of the Bank of England’s bullion was not affected, the central bank said on Sunday. The BoE was moved to issue a statement
Written by on September 30th, 2007 with no comments.
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LONDON (Reuters) - Some of Britain’s gold reserves suffered surface cracks when they were cast 50 years ago in New York, but the purity of the Bank of England’s bullion was not affected, the central bank said on Sunday. The BoE was moved to issue a
Written by on September 30th, 2007 with no comments.
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TOKYO (AFP)Move over Wall Street giants, here comes Japan’s post office. A slumbering banking behemoth stirs this week with the start of the long process of privatising Japan’s sprawling post office — a piggy bank for profligate politicians to its
Written by on September 30th, 2007 with no comments.
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For the Royal Bank of Scotland-led consortium striving to buy ABN Amro, this week should mark a final stage in the biggest financial services deal.The ,71bn ($101bn) offer for the Dutch lender is due to close and, if the trio of banks completes its
Written by on September 30th, 2007 with no comments.
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Rakesh Pathak & Kumar Dipankar | New Delhi India’s largest commercial lender State Bank of India is keen on big overseas acquisitions that will give it a ’strategic fit’ along with new products and access to cheaper capital, Chairman OP Bhatt said on
Written by on September 30th, 2007 with no comments.
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- -States - Karnataka Ready to be declared a financially included district Our Bureau Mangalore, Sept. 30 Banks in Dakshina Kannada district crossed a business level of Rs 15,319 crore as on June 2007. This was disclosed during the District
Written by on September 30th, 2007 with no comments.
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