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Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
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Man Threatens Banker With Private Video, Extorts Rs 12 Lakh; Arrested
A 25-year-old man was arrested for allegedly extorting close to Rs 12 lakh from a person threatening to leak a private video of him, police said on Wednesday.
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UBS Sends Iqbal Khan To Stem Credit Suisse's Private Banker Exits
UBS Group AG wealth boss Iqbal Khan is working the phones and criss-crossing the globe to thwart the potential loss of top Credit Suisse Group AG bankers and clients as competitors seek to exploit the turmoil surrounding the Swiss lender.
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Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
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Bankers Who Get Covid Could Exit On Private Jets In This Country
Hong Kong is considering concessions including allowing attendees to leave the city via private jet should they test positive for Covid.
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Elon Musk’s Startups Could Be Silver Lining for Bankers Burned by Twitter Deal
Investment bankers that stand to lose fees from Tesla CEO Elon Musk abandoning the $44 billion (roughly Rs. 3,52,400 crore) acquisition of Twitter, are looking to Musk’s privately held start-ups — SpaceX, Neuralink and The Boring Company — to make up for the lost business. The bankers also expressed interest in roles in any initial public off...
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Ex-Wall Street Banker Goes Missing In China, Unseen For 2 Weeks: Report
The founder of a private equity fund in China, a former Wall Street banker, has gone missing after Chinese authorities started an investigation into alleged financial misconduct at his firm, financial magazine Caixin reported on Thursday.
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Maharashtra Woman Banker Stabbed To Death By Former Manager Of Branch
A woman official of a private bank at Virar in Maharashtra's Palghar district was stabbed to death, while her female colleague was injured in an attack by two persons, including a debt-ridden former manager of the same branch, police said on Friday.
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Didi Global Considers Going Private to Calm China, Compensate Investor Losses: Report
Didi Global is considering going private to placate Chinese authorities and compensate investor losses since the ride-hailing firm listed in the United States, the Wall Street Journal reported on Thursday.
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Despite Industry's Appeals, Private Sector Not Part Of Vaccine Drive Yet
One month after banker Uday Kotak wrote to Prime Minister Narendra Modi as president of the Confederation of Indian Industry (CII), the private sector has still not been involved in Covid vaccinations across the country.
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Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
Man Threatens Banker With Private Video, Extorts Rs 12 Lakh; Arrested
A 25-year-old man was arrested for allegedly extorting close to Rs 12 lakh from a person threatening to leak a private video of him, police said on Wednesday.
-
UBS Sends Iqbal Khan To Stem Credit Suisse's Private Banker Exits
UBS Group AG wealth boss Iqbal Khan is working the phones and criss-crossing the globe to thwart the potential loss of top Credit Suisse Group AG bankers and clients as competitors seek to exploit the turmoil surrounding the Swiss lender.
-
Indian Banks Said to Soon Use Face Recognition, Iris Scan for Some Transactions
The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and public banks have begun using the option, said one of the sources, a bank...
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Bankers Who Get Covid Could Exit On Private Jets In This Country
Hong Kong is considering concessions including allowing attendees to leave the city via private jet should they test positive for Covid.
-
Elon Musk’s Startups Could Be Silver Lining for Bankers Burned by Twitter Deal
Investment bankers that stand to lose fees from Tesla CEO Elon Musk abandoning the $44 billion (roughly Rs. 3,52,400 crore) acquisition of Twitter, are looking to Musk’s privately held start-ups — SpaceX, Neuralink and The Boring Company — to make up for the lost business. The bankers also expressed interest in roles in any initial public off...
-
Ex-Wall Street Banker Goes Missing In China, Unseen For 2 Weeks: Report
The founder of a private equity fund in China, a former Wall Street banker, has gone missing after Chinese authorities started an investigation into alleged financial misconduct at his firm, financial magazine Caixin reported on Thursday.
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Maharashtra Woman Banker Stabbed To Death By Former Manager Of Branch
A woman official of a private bank at Virar in Maharashtra's Palghar district was stabbed to death, while her female colleague was injured in an attack by two persons, including a debt-ridden former manager of the same branch, police said on Friday.
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Didi Global Considers Going Private to Calm China, Compensate Investor Losses: Report
Didi Global is considering going private to placate Chinese authorities and compensate investor losses since the ride-hailing firm listed in the United States, the Wall Street Journal reported on Thursday.
-
Despite Industry's Appeals, Private Sector Not Part Of Vaccine Drive Yet
One month after banker Uday Kotak wrote to Prime Minister Narendra Modi as president of the Confederation of Indian Industry (CII), the private sector has still not been involved in Covid vaccinations across the country.
