ABN AMRO to end Rothschild joint venture: Report Dutch bank ABN AMRO NV, bought by three banks in October, will end its joint venture with investment bank Rothschild, a Dutch newspaper reported. 11 Dec 2007
UBS writes down $10 billion, Singapore injects capital UBS announced a $10 billion writedown and an emergency injection of funds from Singapore and the Middle East that make it the biggest subprime crisis casualty to date among major European banks. 10 Dec 2007
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Israel says must trade Jerusalem areas with Arabs Israel's deputy prime minister responded on Sunday to U.S. criticism of plans to build homes on occupied land in the Jerusalem area by saying parts of the city must be given to the Palestinians to avoid losing U.S. support. 10 Dec 2007
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India M&A push undeterred by credit woes Armed with strong balance sheets, willing local lenders and unrelenting ambition, Indian companies are well positioned to navigate the credit crunch and maintain their global buying spree, but must be flexible on financing. 07 Dec 2007
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HSBC to add 5,000 India staff in 18 months Global lender HSBC Holdings expects to add about 5,000 staff in India over the next 12 to 18 months, and is building up its business serving domestic retail customers as well as small and medium-sized companies, the bank's India head said. 06 Dec 2007
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UBS to raise India investment bank staff UBS will nearly double its investment banking staff in India to up to 180 in the next year as it prepares to offer more services and retain its share of the increasingly competitive business, the head of UBS in India said. 06 Dec 2007
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Economic growth slowing but not halting: OECD Economic growth is losing steam in the industrialised world after a strong run and the U.S. economy is slowing hard but not sliding into recession, the Organisation for Economic Co-operation and Development said. 06 Dec 2007
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ICICI Bank aims for 30-35 percent growth India's second-largest bank, ICICI Bank, is aiming for growth of 30 to 35 percent over the next three years as strong economic growth underpins investment and corporate loan demand, its joint managing director said. 06 Dec 2007
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U.S. companies urge investment pacts with BRIC nations Major U.S. exporters urged the Bush administration on Tuesday to begin negotiations with the "BRIC" nations - Brazil, Russia, India and China - on bilateral investment treaties, which they said were critical to U.S. service company efforts to tap those large markets. 05 Dec 2007