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China Puts 9 Cities Under Lockdown Amid Deadly Coronavirus Outbreak: 10 Points
China on Friday sealed off over 30 million people as it added a ninth city to a transport ban around the epicentre of a deadly virus that has claimed over 26 lives and infected over 800 others. The new virus that emerged in the central city of Wuhan has forced state authorities to cancel Lunar New Year celebrations to prevent the disease spreading ...
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Sensex Falls As Infosys Drags IT Firms Lower
Indian shares fell on Tuesday as software services exporters declined after Infosys said Royal Bank of Scotland had cancelled a contract, sparking renewed concerns about the outlook for the sector.
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Infosys Loses RBS Deal, 3,000 Jobs To Get Affected, Shares Fall
Infosys shares slumped over 3 per cent on Tuesday, following Royal Bank of Scotland's decision to cancel a project to set up a separate bank in the United Kingdom. RBS announced last week that it will not pursue its plan to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Infosys was a key technology partner.
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Atletico de Kolkata Make Three New Signings Ahead of ISL 2017
The former champions have signed Scotland's Paul Pearson and the Spanish duo of Daniel Mallo Castro and Pablo Jose Gallardo ahead of the new season
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Banks Lead European Shares Higher As Brexit Fears Wane Slightly
European shares rallied on Monday with the beaten down banking sector leading as renewed hope that Britain would to vote to stay in the EU spurred investors bank into risky assets.
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Domestic Local Wealth Managers Push to Grow as Foreign Rivals Struggle
To take advantage of this growth, local firms such as IIFL Wealth Management and Kotak Wealth Management, which have long dominated the industry, said they plan to add more branches and bankers within months.
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RBS in Talks to Sell Indian Private Banking Unit to Sanctum Wealth
Switzerland's Union Bancaire Privee said in March it was buying the overseas business of British wealth manager Coutts from RBS, as part of the bank's drive to pull back from foreign markets and focus on UK retail and commercial banking.
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Banking, Auto Stocks Fall as Rate Cut Hopes Fade
Banking and auto stocks came under pressure in noon trade after consumer inflation rose to an 8-month high in June, dampening hopes of a rate cut in near future.
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RBS Slashes Nifty Target to 9,200 Citing Reform Delay
The evolving political situation and the forthcoming Bihar assembly elections may force the government to hold back key legislative measures to the Winter Session, the brokerage warned.
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In New Trend, European Fund Firms Become Banks in all but Name
The former head of global debt markets at Royal Bank of Scotland now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.
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Major Banks Admit Guilt in Forex Probe, Fined $6 Billion
Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.
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Wall Street Eyes Uber, Airbnb After Hot 2014 for IPOs
Wall Street in 2014 enjoyed its best year for initial public offerings or IPOs since 2000, thanks to the record-setting flotation of Chinese internet giant Alibaba and a barrage of biotech deals.
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Regulators Fine Global Banks $3.4 Billion in Forex Probe
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
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RBL Bank Plans to Launch IPO in Three Quarters
RBL Bank, formerly known as Ratnakar Bank, plans to raise funds through an initial public offering (IPO) which will hit the market in the next 8-9 months.
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UK Talking to UBS, Barclays, 4 Other Banks About Settling Forex Probe: Report
Britain's financial regulator has intensified talks with six major banks over allegations of collusion and manipulation in the foreign exchange market, setting the stage for a group settlement that could cost them close to 2 billion pounds ($3.26 billion).
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China Puts 9 Cities Under Lockdown Amid Deadly Coronavirus Outbreak: 10 Points
China on Friday sealed off over 30 million people as it added a ninth city to a transport ban around the epicentre of a deadly virus that has claimed over 26 lives and infected over 800 others. The new virus that emerged in the central city of Wuhan has forced state authorities to cancel Lunar New Year celebrations to prevent the disease spreading ...
-
Sensex Falls As Infosys Drags IT Firms Lower
Indian shares fell on Tuesday as software services exporters declined after Infosys said Royal Bank of Scotland had cancelled a contract, sparking renewed concerns about the outlook for the sector.
-
Infosys Loses RBS Deal, 3,000 Jobs To Get Affected, Shares Fall
Infosys shares slumped over 3 per cent on Tuesday, following Royal Bank of Scotland's decision to cancel a project to set up a separate bank in the United Kingdom. RBS announced last week that it will not pursue its plan to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Infosys was a key technology partner.
-
Atletico de Kolkata Make Three New Signings Ahead of ISL 2017
The former champions have signed Scotland's Paul Pearson and the Spanish duo of Daniel Mallo Castro and Pablo Jose Gallardo ahead of the new season
-
Banks Lead European Shares Higher As Brexit Fears Wane Slightly
European shares rallied on Monday with the beaten down banking sector leading as renewed hope that Britain would to vote to stay in the EU spurred investors bank into risky assets.
-
Domestic Local Wealth Managers Push to Grow as Foreign Rivals Struggle
To take advantage of this growth, local firms such as IIFL Wealth Management and Kotak Wealth Management, which have long dominated the industry, said they plan to add more branches and bankers within months.
-
RBS in Talks to Sell Indian Private Banking Unit to Sanctum Wealth
Switzerland's Union Bancaire Privee said in March it was buying the overseas business of British wealth manager Coutts from RBS, as part of the bank's drive to pull back from foreign markets and focus on UK retail and commercial banking.
-
Banking, Auto Stocks Fall as Rate Cut Hopes Fade
Banking and auto stocks came under pressure in noon trade after consumer inflation rose to an 8-month high in June, dampening hopes of a rate cut in near future.
-
RBS Slashes Nifty Target to 9,200 Citing Reform Delay
The evolving political situation and the forthcoming Bihar assembly elections may force the government to hold back key legislative measures to the Winter Session, the brokerage warned.
-
In New Trend, European Fund Firms Become Banks in all but Name
The former head of global debt markets at Royal Bank of Scotland now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.
-
Major Banks Admit Guilt in Forex Probe, Fined $6 Billion
Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.
-
Wall Street Eyes Uber, Airbnb After Hot 2014 for IPOs
Wall Street in 2014 enjoyed its best year for initial public offerings or IPOs since 2000, thanks to the record-setting flotation of Chinese internet giant Alibaba and a barrage of biotech deals.
-
Regulators Fine Global Banks $3.4 Billion in Forex Probe
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
-
RBL Bank Plans to Launch IPO in Three Quarters
RBL Bank, formerly known as Ratnakar Bank, plans to raise funds through an initial public offering (IPO) which will hit the market in the next 8-9 months.
-
UK Talking to UBS, Barclays, 4 Other Banks About Settling Forex Probe: Report
Britain's financial regulator has intensified talks with six major banks over allegations of collusion and manipulation in the foreign exchange market, setting the stage for a group settlement that could cost them close to 2 billion pounds ($3.26 billion).
