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Standard Chartered Bank is intending to sell part of its business in the UAE after it agreed to close some accounts there in an...
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JPMorgan Chase and at least four other US banks were struck by hackers in a series of coordinated attacks in August. The hackers infiltrated...
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Commodity market regulator Forward Markets Commission has approved Kotak Mahindra Bank’s deal to acquire 15% stake in MCX for Rs 459 crore from Jignesh...
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Reserve Bank of India will soon define what constitutes deposits for financial entities other than banks and NBFC companies. Deputy governor R. Gandhi said...
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The finance ministry is considering having separate positions of chairman and managing director for public sector banks. This, the ministry feels, will strengthen corporate...
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Orix, a Japan-based diversified financial services firm, is interested in buying the 8.34% stake owned by Central Bank of India in IL&FS. There are...
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The number of South Koreans doing their banking via mobile devices jumped 24% from a year ago and now makes up more than half...
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US private equity firm TPG is acquiring up to 75% of Union Bank of Colombo for $117 million. This will be the largest ever...
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HSBC Holdings has been sued for $250 million for allegedly ignoring red flags that a British entrepreneur, the late David Elias, was committing fraud...
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The Reserve Bank of India said all transactions involving domestic credit cards must follow rules requiring additional verification. While the central bank did not...
