Nasdaq OMX to acquire FTEN
By New Statesman - 16 December 10:59

Acquisition is expected to add a significant product resource to Nasdaq OMX

SulAmerica to acquire Dental Plan in Brazil
By New Statesman - 15 December 11:37

Through this acquisition, SulAmerica will increase its presence in the country

Lexington Insurance partners with NER to deal equipment theft
By New Statesman - 15 December 11:35

Lexington's contractor can protect their equipment from theft by registering their machines on NER's

Northern Trust receives passive equity mandate from Tawuniya
By New Statesman - 15 December 11:33

Appointment builds on Northern Trust's existing asset servicing relationship with Tawuniya

Plus-SX deploys Progress Software market surveillance, monitoring solution
By New Statesman - 15 December 11:30

Plus-SX begins live operations with their Apama solution in December

S1 enters into global payments processing agreement with PayPal
By New Statesman - 15 December 11:29

PayPal service allows consumers and businesses to make payments directly from their bank accounts to

Reduced lending by banks affecting recovery
By New Statesman - 13 December 11:30

Senior bankers claimed that recession-hit consumers and businesses had reduced borrowing

Guy Carpenter obtains broking license in China
By New Statesman - 13 December 10:31

Carpenter will become the first licensed international reinsurance intermediary to operate in China

Government’s “puny” levy on banks under fire
By New Statesman - 10 December 14:50

Critics of the banking industry accused the government of going "soft" on the bankers

Parmalat founder sentenced to 18 years in jail for fraud
By New Statesman - 10 December 14:38

Executives were also ordered by the court to pay €2bn to the firm and reimburse the investors they h

Iceland agrees to repay €4bn to UK and Netherlands in Icesave deal
By New Statesman - 10 December 14:34

British and Dutch governments were compelled to extend the loan to Iceland to bail out local account

Allied Irish Banks to pay €40m in bonuses
By New Statesman - 09 December 12:34

Bonuses awarded despite bank on the verge of receiving another emergency bailout from the Irish gove

Picard targets London operations of Madoff scheme
By New Statesman - 09 December 12:28

London arm of the Ponzi scheme has remained unscathed even though Madoff's deals worth £1bn were don

Lloyds accused of fleecing current account holders
By New Statesman - 08 December 14:01

Banking giant denies that its 24m current account-holders faced hidden charges

ING to stop rebalancing hedge portfolio
By New Statesman - 08 December 10:24

ING Group has said that it will no longer rebalance its hedge portfolio.

SEC charges Banc of America Securities with securities fraud
By New Statesman - 08 December 10:21

The Securities and Exchange Commission (SEC) has charged Banc of America Securities (BAS) with secur

HSBC sued for $9bn over Madoff fraud
By New Statesman - 07 December 16:34

Banking giant accused of being "wilfully and deliberately" blind to Madoff's Ponzi scheme

Fairfax to acquire Malaysian Pacific Insurance Berhad
By New Statesman - 07 December 15:55

Fairfax Financial Holdings will buy all the shares of Malaysia-based insurer, the Pacific Insurance

US taxpayers gain $12bn after Treasury sells off remainder of Citigroup shares
By New Statesman - 07 December 11:10

Treasury has now recovered the $45bn spent on the bank's bailout in 2008 and 2009.

Banks should have been charged more for APS, says Audit Office
By New Statesman - 06 December 11:05

RBS received a £25.5bn cash injection from the government

First BanCorp revises agreement with US Treasury
By New Statesman - 06 December 10:32

First BanCorp has signed an amendment to the exchange agreement executed with the US Department of t

Bernard Madoff trustee sues JP Morgan for $6.4bn
By New Statesman - 03 December 14:38

Court-appointed trustee claims the bank played a central role in Madoff's Ponzi scheme.

ADB to help Georgia expand small business lending
By New Statesman - 03 December 11:59

Loan expected to restore confidence in banks in the wake of the global financial crisis and war in 2

JP Morgan sued by Madoff trustee
By New Statesman - 03 December 10:14

Bank sued for $6.4bn after trustee claims it played central role in Madoff fraud

Maiden Holdings acquires reinsurance business of GMAC International
By New Statesman - 02 December 13:52

Bermuda-based Maiden Holdings has completed acquisition of GMAC's reinsurance-related business

HSBC spins off private equity business in Asia
By New Statesman - 02 December 13:45

Buyout anticipates regulatory changes which might limit ownership of hedge funds

RBS directors let off without facing action in FSA probe
By New Statesman - 02 December 12:10

In 2009, FSA launched investigation into RBS' 2007 acquisition of ABN Amro

Investors see ECB abandoning monetary tightening policy
By New Statesman - 02 December 12:06

Most investors also expect the ECB to announce an expansion of its bond-buying programme

Barclays Capital to cut hundreds of jobs
By New Statesman - 02 December 12:02

Company has seen a dip in its earnings with 14 per cent drop in topline profits

Lloyds poaches Santander top bankers after Horta-Osório comes on board
By New Statesman - 01 December 12:10

Santander loses three board members in under a month

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