Royal Bank of Canada, the country’s largest lender, is starting a nationwide marketing campaign touting lower home-equity loan rates than most rivals to gain customers as it combats a slowdown in Canadian consumer lending.
BusinessWeek.com — Finance
RHB Capital Bhd. surged to a 14-year high after CIMB Group Holdings Bhd. and Malayan Banking Bhd. won central bank approval to begin separate merger talks, triggering a battle to potentially create Southeast Asia’s biggest bank.
BusinessWeek.com — Finance
The Reserve Bank of India’s decision to double the magnitude of interest-rate increases signals it is ready to step up the battle against inflation even at the risk of damping the nation’s economic growth.
BusinessWeek.com — Finance
South Korea and Taiwan may need to keep raising interest rates as an estimated slowdown in growth last quarter failed to ease inflationary pressure.
BusinessWeek.com — Finance
Insurance companies are fighting the legacy of AIG as they seek to avoid being branded systemically risky and the extra supervision that comes with that
BusinessWeek.com — Finance
Icelanders rejected a depositor claims accord with the U.K. and Netherlands, forcing an international court battle that the island’s government said will probably last a year.
BusinessWeek.com — Finance
Spain’s efforts to reduce its budget deficit and rebuild investor confidence may suffer a setback as Prime Minister Jose Luis Rodriguez Zapatero bows out of next year’s election.
BusinessWeek.com — Finance
April 1 (Bloomberg) — Bloomberg’s Olivia Sterns reports on the opposition to Italy’s biggest dairy company falling into foreign hands.
BusinessWeek.com — Finance