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Last updated: 18:18:36 Tuesday Jun 23, 2009


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  • JPMorgan tops strong bank list, RBS biggest loss
    LONDON (Reuters) - JPMorgan (JPM.N) tops a list of the world's strongest banks, while Royal Bank of Scotland (RBS.L) suffered the biggest loss of any lender last year, according to new industry rankings on Wednesday.   Nations:Spain   2009-06-23

    RBS confirms sale of stake in Bank of China
    LONDON - The Royal Bank of Scotland PLC said Wednesday it has sold its 1.6 billion pound ($2.3 billion) stake in the Bank of China, a move analysts say is meant to shore up its balance sheet.   Source:(AP)   2009-01-15

    RBS mulling sale of Bank of China stake: FT
    LONDON (AFP) - Royal Bank of Scotland (RBS), one of three banks bailed out by the British government in October, is considering selling its two-billion-pound stake in Bank of China, the Financial Times said Thursday.   Activities:Global Financial Crisis   Source:(AFP)   2009-01-08

    Bank of America sells shares in Chinese bank
    BEIJING - Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China's second-biggest commercial lender, for $2.8 billion.   Nations:U.S.   Activities:Global Financial Crisis   Source:(AP)   2009-01-07

    China, India feel crisis; Brown seeks Gulf help
    NEW YORK/LONDON - Two Asian powerhouse economies felt the sting of the global financial crisis on Saturday as India cut its main short-term lending rate and China said it was bracing for a slowdown.   Nations:China India Russia Japan Saudi Arabia Qatar   People:Gordon Brown Angela Merkel Barack Obama John McCain George W. Bush   2008-11-01

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