Banking Sector

Big banking merger touted in Australia

Sydney - Westpac Banking Corporation, one of Australia's Big Four high street banks, is in merger talks with fifth-placed St George Bank, and a marriage would create Australia's largest financial s

Kotak Mahindra Bank register 41% growth in Q4

Kotak Mahindra Bank register 41% growth in Q4

Citigroup to sell one-fifth of its assets

Citigroup to sell one-fifth of its assetsNew York - Citigroup, hit

Postbank earnings slide on subprime writedowns

Frankfurt - Leading German retail bank Postbank AG reported Thursday a 19-per-cent drop in first-quarter earnings as a result of writedowns linked to the US subprime mortgage market crisis.

HVB bank slumps into first-quarter loss

Munich - HVB BankGermany's HVB banking group said Thursday it had slum

Bank Austria Q1 net profits drop by 23 per cent

Vienna - Bank AustriaAustria's largest bank, Bank Aust

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