These Key Risks Could Make 2021 The Toughest Year For Global Banks
Business | Edited by Nikita Prasad | Tuesday November 17, 2020
Economic disruption due to COVID-19, weakening in property rates, short term supports, and surge in corporate insolvencies could make 2021 the toughest year for global banks
Too-Big-To-Fail Banks Mostly A Thing Of The Past: Regulators
Business | Reuters | Monday June 29, 2020
Funding costs for banks have risen in a reflection that banks are more likely to write down the special debt rather than be rescued by taxpayers, the evaluation showed.
Standard Chartered Chief Tells Employees to Stay Off Zoom, Google Hangouts
Reuters | Wednesday April 15, 2020
Standard Chartered is the first major global bank to tell employees not to use Zoom Video Communications during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.
Stay Off Zoom, Google Hangouts, Standard Chartered Chief Tells Staff
World News | Reuters | Wednesday April 15, 2020
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.
Huawei CFO Arrested For Alleged Violation Of US Sanctions On Iran: Report
World News | Reuters | Friday December 7, 2018
Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation of an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to sources familiar with the probe.
Airtel Africa Appoints Eight Global Banks For Initial Public Offering
Business | Thomson Reuters | Monday November 26, 2018
The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.
Good Days For India Inc In Foreign Loan Market May Soon End: Report
Business | Mariko Ishikawa and Anurag Joshi, Bloomberg | Monday May 28, 2018
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
CBI Files Charge-Sheet Against Rotomac Owners In Bank Fraud Case
India News | Press Trust of India | Monday May 21, 2018
The CBI has filed its charge sheet against Rotomac Global Pvt. Ltd. and its promoters in connection with the Rs 456.63-crore alleged loan default towards Bank of Baroda, which is part of a total default of Rs 3,690 crore towards a consortium of seven banks, officials said.
Banks Planning To Move 9,000 Jobs From Britain Because Of Brexit
World News | Reuters | Tuesday May 9, 2017
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
SBI Unveils New Identity After Merger With Associate Banks
Business | NDTV Profit Team | Thursday April 6, 2017
With this merger, the first ever large scale consolidation in the Indian banking system as per SBI, the bank said it will join the league of top 50 banks globally in terms of assets.
Union Budget 2017: What Banking Sector Expects From Arun Jaitley
Business | Monday January 30, 2017
In 2015, the government had announced a revamp plan,'Indradhanush', to infuse Rs 70,000 crore in state-owned banks over four years, while they would have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirements in line with global banking risk norms Basel III.
HSBC Cutting 100 Senior Banking Jobs Globally: Report
Business | Thomson Reuters | Friday January 20, 2017
The cuts affect bankers at managing director and director level in the lender's Global Banking and Markets division, the sources said, declining to be identified due to the sensitivity of the matter.
HSBC To Shift Staff From Britain To Paris After Brexit
Business | Thomson Reuters | Wednesday January 18, 2017
HSBC's global banking and markets division that houses those trading jobs made profits of $384 million in the UK in 2015, according to a company filing.
Global Banking Regulators Postpone Approval Of New Rules
Business | Thomson Reuters | Tuesday January 3, 2017
Global banking regulators on Tuesday postponed the approval of new capital rules designed to avert a repeat of the financial crisis.
Global Banks Fight Back On Brexit, Warn $51 Billion At Stake
Business | Gavin Finch, Richard Partington, Bloomberg | Wednesday October 5, 2016
Britain crashing out of the European single market could cost banks and associated businesses in the U.K. almost 40 billion pounds ($51 billion) in lost revenue, undermining a key sector of the economy, an industry report warned on Tuesday.
Raghuram Rajan Talks To Prannoy Roy About His 2018 Forecast For India
Jan 26, 2018
Metal Selloff Could Deepen: SBICap Securities
Jan 14, 2015
Testing time for Indian IT firms
Jul 18, 2008
Rising interest rates bite India Inc
Aug 29, 2007
These Key Risks Could Make 2021 The Toughest Year For Global Banks
Business | Edited by Nikita Prasad | Tuesday November 17, 2020
Economic disruption due to COVID-19, weakening in property rates, short term supports, and surge in corporate insolvencies could make 2021 the toughest year for global banks
Too-Big-To-Fail Banks Mostly A Thing Of The Past: Regulators
Business | Reuters | Monday June 29, 2020
Funding costs for banks have risen in a reflection that banks are more likely to write down the special debt rather than be rescued by taxpayers, the evaluation showed.
Standard Chartered Chief Tells Employees to Stay Off Zoom, Google Hangouts
Reuters | Wednesday April 15, 2020
Standard Chartered is the first major global bank to tell employees not to use Zoom Video Communications during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.
Stay Off Zoom, Google Hangouts, Standard Chartered Chief Tells Staff
World News | Reuters | Wednesday April 15, 2020
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.
Huawei CFO Arrested For Alleged Violation Of US Sanctions On Iran: Report
World News | Reuters | Friday December 7, 2018
Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation of an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to sources familiar with the probe.
Airtel Africa Appoints Eight Global Banks For Initial Public Offering
Business | Thomson Reuters | Monday November 26, 2018
The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.
Good Days For India Inc In Foreign Loan Market May Soon End: Report
Business | Mariko Ishikawa and Anurag Joshi, Bloomberg | Monday May 28, 2018
Companies may get cheaper borrowing costs through the club arrangements. But doing so makes them reliant on a smaller group of banks, creating the risk that any shift in those lenders' willingness to extend funds could hamstring the firms.
CBI Files Charge-Sheet Against Rotomac Owners In Bank Fraud Case
India News | Press Trust of India | Monday May 21, 2018
The CBI has filed its charge sheet against Rotomac Global Pvt. Ltd. and its promoters in connection with the Rs 456.63-crore alleged loan default towards Bank of Baroda, which is part of a total default of Rs 3,690 crore towards a consortium of seven banks, officials said.
Banks Planning To Move 9,000 Jobs From Britain Because Of Brexit
World News | Reuters | Tuesday May 9, 2017
The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.
SBI Unveils New Identity After Merger With Associate Banks
Business | NDTV Profit Team | Thursday April 6, 2017
With this merger, the first ever large scale consolidation in the Indian banking system as per SBI, the bank said it will join the league of top 50 banks globally in terms of assets.
Union Budget 2017: What Banking Sector Expects From Arun Jaitley
Business | Monday January 30, 2017
In 2015, the government had announced a revamp plan,'Indradhanush', to infuse Rs 70,000 crore in state-owned banks over four years, while they would have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirements in line with global banking risk norms Basel III.
HSBC Cutting 100 Senior Banking Jobs Globally: Report
Business | Thomson Reuters | Friday January 20, 2017
The cuts affect bankers at managing director and director level in the lender's Global Banking and Markets division, the sources said, declining to be identified due to the sensitivity of the matter.
HSBC To Shift Staff From Britain To Paris After Brexit
Business | Thomson Reuters | Wednesday January 18, 2017
HSBC's global banking and markets division that houses those trading jobs made profits of $384 million in the UK in 2015, according to a company filing.
Global Banking Regulators Postpone Approval Of New Rules
Business | Thomson Reuters | Tuesday January 3, 2017
Global banking regulators on Tuesday postponed the approval of new capital rules designed to avert a repeat of the financial crisis.
Global Banks Fight Back On Brexit, Warn $51 Billion At Stake
Business | Gavin Finch, Richard Partington, Bloomberg | Wednesday October 5, 2016
Britain crashing out of the European single market could cost banks and associated businesses in the U.K. almost 40 billion pounds ($51 billion) in lost revenue, undermining a key sector of the economy, an industry report warned on Tuesday.
Raghuram Rajan Talks To Prannoy Roy About His 2018 Forecast For India
Jan 26, 2018
Metal Selloff Could Deepen: SBICap Securities
Jan 14, 2015
Testing time for Indian IT firms
Jul 18, 2008
Rising interest rates bite India Inc
Aug 29, 2007
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