Banking Sector

Union Bank of India registers 2.28 times increase in Q4 Net Profit

Union Bank of India

Austrian government names new central bank chief

Vienna  -  Former BAWAG bank chief Ewald Nowotny will become new head of the country's central bank, Chancellor Alfred Gusenbauer confirmed after a cabinet meeting on Wednesday.

Germany's Commerzbank sees first-quarter profits halved on crisis

GermanyFrankfurt  - Commerzbank, Germany's second-largest bank, said Wednesday its profits had halved in

Asian Development Bank pledges billions of dollars for food crisis

Manila - Asian Development BankThe Asian Development Bank said Wednesday that it was al

UCO Bank registers 177% surge in net profit during Q4

UCO Bank registers 177% surge in net profit during Q4

Britain's Lloyd's bank reports further writedowns

London  - Britain's Lloyd's Bank Tuesday revealed additional credit crunch losses of 387 million pounds (774 million dollars), taking its total exposure so far to over 667 million pounds.

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