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HSBC has decided to sell its operations in Pakistan to Meezan Bank and is set to become another foreign bank to pack up its...
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Mitsubishi UFJ Financial Group, Japan’s biggest lender, is considering bidding for the corporate trust arm of Bank of New York Mellon Corp. Mitsubishi could...
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F&C Asset Management, which has been acquired by Canada’s Bank of Montreal, is afraid that the bank may drop its historic brand. The bank...
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HSBC’s branches in the UK will have free wi-fi connection as part of the bank’s effort to encourage customers to manage their accounts on...
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The International Finance Corporation said it will invest $172.5 million in FirstRand Bank, boosting the South African bank’s efforts to reach more small and...
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BNP Paribas and Credit Suisse, which are now facing criminal proceedings, are requesting authorities in the United States for leniency. To avoid fallout from...
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Madhu Kapur, who has been waging a batte with Rana Kapoor, MD and CEO of YES Bank, seeking a place on the board of...
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The Reserve Bank has permitted Indian banks operating abroad to offer structured financial and derivative products in some select countries of their operation. However,...
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Royal Bank of Scotland has confirmed it is to cut about one in five of its branch managers in Scotland. The move is part...
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Barclays will downsize its investment bank by axing 19,000 jobs across the entire group over the next two years. This year, the bank will...
