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Bank of America overtakes Citi as largest bank The Economic Times
NEW YORK: Bank of America surpassed Citigroup to become the world’s largest bank by market value. Based on reported shares outstanding, Bank of America’s market capitalisation totalled $243.71 billion as of Tuesday’s close, while Citigroup’s totalled $243.52 billion.
Deconstructing Mastercard SeekingAlpha via Yahoo! Finance
The stock has risen sharply following this summer's IPO -- is there room for more upside?
Deconstructing Mastercard SeekingAlpha via Yahoo! Finance
Travis Johnson submits: I've been looking to put a little cash to work, and one of the companies that comes to mind is Mastercard International , the hot IPO of the summer that's getting everyone's attention.
MONEY & BANKING The Hindu
PENSION PLANS Govt hopes to get Pension Bill passed The Government is hopeful of evolving a consensus on the pension reforms Bill and getting it passed in the ongoing winter session of Parliament, the Minister of State for Finance, Mr Pawan Kumar Bansal, said here on Wednesday. "I am not a
BusinessWeek Kitco.com
article, the bank’s disgruntled shareholders are pressuring Citi management rev up its growth rate—and management agrees.
Banks and Bubbles III: “We're getting ourselves back on the playing field” GoldSeek.com
In previous episodes of “Banks and Bubbles” we witnessed Bank of America buying a huge credit card company at the peak of the consumer credit cycle and Wachovia plunging into California mortgage lending just as the state enters a housing depression.
Citi beefs up overseas, but deals won't aid profits soon Market Watch
NEW YORK (MarketWatch) -- Citigroup Inc.'s (C) agreement to buy a minority stake in China's Guangdong Development Bank marks its third international deal in a month, as the giant New York bank works to extend its presence in the world's fastest-growing markets.
Credit card hassles: Banks under MRTPC scanner India Daily
Coming to the rescue of hassled credit card holders, the MRTPC is scrutinising a number of public and private banks to see if they are making false and misleading promises to customers, even as it sent a notice of inquiry to HDFC Bank. MRTPC's investigating arm -- Directorate General of Investigation and Registration -- has started probe against five banks, ICICI Bank, Citi Bank, ABN Amro, HSBC
Credit card hassles: Banks under scanner Deccan Herald
Coming to the rescue of hassled credit card holders, the MRTPC is scrutinising a number of public and private banks to see if they are making false and misleading promises to customers, even as it sent a notice of inquiry to HDFC Bank.
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