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Bank of America

$13 billion offered by an American bank to solve mortgage issues

$13 billion offered by an American bank to solve mortgage issues
The Wall Street Journal has recently reported that  the Bank of America Corp has given an offer of an amount of $13 billion to settle the problems in a the mortgage securities that have been sold by the bank. The report has been published so that people who are familiar with the scenario get aware [...] Continue Reading »

Flat sold for Rs 28 crores in Mumbai

Flat sold for Rs 28 crores in Mumbai
Citibank, the leading foreign bank had put a flat for sale in 2008 in Malabar Hill‘s IL Palazzo building and Vinod Khanna, bollywood actor was the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat. But the actor did not go through the flat at that time. [...] Continue Reading »



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