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BNY Mellon is likely to lay off employees, possibly by the end of June. Details of the down-sizing are not immediately available. The reductions...
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BNY Mellon is likely to lay off employees, possibly by the end of June. Details of the down-sizing are not immediately available. The reductions...
Royal Bank of Scotland has become the latest overseas bank in the US to shrink its business as it proposed to cut its mortgage...
Lloyds Banking Group expects to float about 25% of its TSB business on the London Stock Exchange in June, the bank said. Lloyds was...
The RBI has directed Uday Kotak, promoter of Kotak Mahindra Bank to pare promoter holding in the bank to 40% by September. The promoter...
The RBI has directed banks to remit deposits classified as unclaimed to the Depositor Education and Awareness Fund (DEAF) by 30 June. The DEAF...
Indian banks will be required to raise Rs 3 lakh crore in non-equity debt over the next three years in order to migrate to...
Australia’s Bendigo and Adelaide Bank and Westpac’s New Zealand arm have signed deals to collaborate with Samsung to deliver mobility solutions to customers. Bendigo...
The Chinese government is pushing domestic banks to remove high-end servers made by IBM and replace them with a local brand, in an escalation...
Ireland is setting up a new state bank to pump hundreds of millions of euro into struggling small businesses. The Strategic Banking Corporation of...
State Bank of India regained the top position in market cap after trailing HDFC Bank for more than a year. At the end of...