MAGICTECHNEWS.COM: World and US News 03:17, 2019-09-14

Is the World Bank fit for purpose?

From governance issues to mounting competition, the World Bank faces myriad challenges, but its proponents remain convinced of its importance to the modern world....

Is the World Bank fit for purpose?

Source: euromoney.com

The impossible job of the World Bank? The World Bank is where finance and politics meet. The scope of its mandate and its ability to effect change have attracted some of both disciplines’...
03:17, 2019-09-14

EU settles on World Bank's Georgieva to lead IMF European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 ...
02:51, 2019-08-03

Jodrell Bank Observatory becomes world heritage site Unesco recognises Cheshire home of Lovell telescope for contribution to astronomical researchAn observatory in Cheshire that has been at the forefron...
13:51, 2019-07-07

World Bank downgrades its forecast for global economy WASHINGTON (AP) — The World Bank is downgrading its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly s...
23:51, 2019-06-04

Can You Forget Things on Purpose? Memory’s ungovernable, a ceaseless shaming pain: you’re either scrambling to retrieve it (rooting around for keys, or the name of some acquaintance)...
15:51, 2019-07-01

World Bank Top Executive Poised To Head IMF After Christine Lagarde A top executive at the World Bank, Kristalina Georgieva of Bulgaria, is now officially unopposed in her bid to become only the second woman ever to l...
22:00, 2019-09-09

World Bank's Georgieva to relinquish duties during IMF nomination period World Bank Chief Executive Officer Kristalina Georgieva said on Friday that she will temporarily relinquish her World Bank responsibilities after bei...
02:51, 2019-08-03

World's best bank for wealth management 2019: Credit Suisse With a new strategy of regionalization, integration and innovation, Credit Suisse’s wealth management business has set itself apart from its peers an...
02:17, 2019-07-11

Deutsche Bank predicts rate cuts are coming all over the world Cuts to interest rates can be expected around the world following dovish pivots from the European Central Bank and the U.S. Federal Reserve, accordin...
10:51, 2019-07-25

Water Pollution Can Reduce Economic Growth By A Third, Says World Bank Heavily polluted water is reducing economic growth by up to a third in some countries, a World Bank report said Tuesday, calling for action to addres...
03:34, 2019-08-21

Pakistan Signs $918 Million Loan Agreement With World Bank Pakistan on Tuesday signed three loan agreements worth a total of USD 918 million with the World Bank, Prime Minister Imran Khan's adviser on finance...
21:51, 2019-06-18

World's best investment bank in the emerging markets 2019: BTG Pactual The firm has done well at home and in the region. Part of that is down to its ownership structure, and the rest is because growth is part of its DNA....
08:34, 2019-07-11

Japan's Tantalizing Bank Dividends Mask a World of Trouble The path to perdition is long for these banks, and while the ultimate ending might be unpleasant, there are opportunities for hope to be rekindled al...
15:17, 2019-05-21

Eugene Rotberg and the World Bank: Worth spending one’s life on The World Bank’s influence on the growth of global capital markets is unquestionable, and no individual has played a more important role than its for...
03:17, 2019-09-14

Fin24.com | Kenya asks World Bank for $750 million loan Kenya requested the World Bank for $750m to fund affordable housing, agriculture and other development projects amid concerns the East African nation...
19:34, 2019-05-28

China Belt And Road Can Speed Development, Needs Transparency: World Bank China's massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing countries, the Wor...
10:34, 2019-06-19

World Bank Imposes One Of Its Biggest Fines On Cash-Starved Pak Over Mine An international arbitration court has imposed a penalty of $5.976 billion on Pakistan -- one of the biggest in its history -- for the unlawful denia...
18:17, 2019-07-15

World Bank Court Orders Pak To Pay $6 Billion To Firm Over Mine Closure Pakistan will have to pay almost $6 billion in damages to a foreign gold mining firm whose dig was shut down by the government in 2011, the World Ban...
19:34, 2019-07-14

An Arm of the World Bank Has Been Implicated in Latin America’s Biggest Corruption Scandal (BOGOTA, Colombia) — María Victoria Guarín was a key adviser on Colombia’s biggest-ever transportation project: a 1,000-kil...
12:51, 2019-07-02

Kerala To Get $ 250 Million World Bank Loan For Flood Resilient Programme Marking its first ''state partnership'' in India, the World Bank will extend a USD 250 million loan for the Resilient Programme in Kerala, which had ...
23:34, 2019-07-15

World Bank Retains India's Growth Rate Forecast For 2019-20 At 7.5% The Bank in its Global Economic Prospects released on Tuesday said that India is estimated to have grown 7.2 per cent in fiscal year 2018/19, which e...
13:17, 2019-06-05

Jodrell Bank Observatory Declared UNESCO World Heritage Site The Jodrell Bank Observatory, part of the University of Manchester and home of the massive Lovell Telescope and numerous others, has received UNESCO ...
03:51, 2019-07-08

It's high time to create a World Carbon Bank | Kenneth Rogoff We could use a global carbon tax to give developing countries incentives to phase out coalAlthough much derided by climate-change deniers, not least ...
18:51, 2019-07-08

World Bank readies $300 million to cover half of new Ebola response The World Bank Group is readying a $300 million package of grants and credits to support the fight against the deadly Ebola virus in Democratic Repub...
17:34, 2019-07-24

Former Military Bases Find New Purpose Through E-Commerce Real estate developers are looking at abandoned bases for large projects like warehouse and logistics centers, which are needed to sustain the growth...
21:34, 2019-06-18

Bringing Up Baby: Paternity Leave Is Not Fit For Purpose "Without adequately-funded, universally applied, widely-understood and socially encouraged parental leave, we’re all losers: fathers, mothers and, of...
11:00, 2019-07-14

World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation: document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropr...
02:00, 2019-09-03

World Bank downgrades global growth forecasts, poorest countries hardest hit The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer co...
02:00, 2019-06-06

World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropri...
04:34, 2019-09-03

Seniors who feel their life has purpose may live longer (Reuters Health) - Seniors who feel their life has purpose may be less likely to die from heart, circulatory and digestive diseases and more likely t...
01:00, 2019-05-25

James Holzhauer hints he lost ‘Jeopardy!’ on purpose “Jeopardy!” champion James Holzhauer’s 32-day winning streak came to an end in June, but fans are still debating whether he lost hi...
04:00, 2019-08-27

Common: 'I wanted to be the dopest. Then I found a higher purpose' He got his start in the era of gangsta rap and admits to a ‘bros before hoes’ attitude early in his career. So how did the Chicagoan become one of co...
17:51, 2019-09-03

‘Invisible’ crisis of water quality threatens human and environmental well-being: World Bank report Deteriorating water quality worldwide is slashing the economic potential of heavily polluted areas, according to a new World Bank report, released on...
00:00, 2019-08-21

Global Economy Cools Faster Than Expected as Trade Tensions Rise, World Bank Says The global economy has stumbled sharply in the first half of the year with trade and investment flows between countries falling faster than expected,...
02:34, 2019-06-05

Lawmakers worry World Bank is funding China's Uighur Muslim 're-education' camps World Bank officials have issued a loan to China for the very region where Communist authorities have established mass detention camps targeting Uigh...
14:17, 2019-08-27

World Bank chief urges reforms to attract investment amid trade uncertainty Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attra...
08:00, 2019-06-29

‘Invisible crisis of water quality’ threatens human and environmental well-being: World Bank report Deteriorating water quality worldwide is slashing the economic potential of heavily polluted areas, according to a new World Bank report, released on...
22:34, 2019-08-20

UPDATE 1-World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropri...
04:34, 2019-09-03

Sneaky reason why two thirds of Americans do chores incorrectly on purpose From pretending to be sick, doing a bad job on purpose or inventing a work task, new research shows the majority of chore-doing Americans have given ...
06:34, 2019-08-09

I started mentoring young people – and gave my own life a purpose I quit a job in marketing to edit a youth magazine. I loved helping to launch careers (and to send a lamb chop into space)Every morning, I would walk...
11:17, 2019-06-10

Ration Cards Should Be Categorised Based On Purpose: Mamata Banerjee West Bengal Chief Minister Mamata Banerjee on Wednesday said ration cards should be divided into two categories based on purpose - those availing ben...
21:34, 2019-08-28

Tiger muskies released into remote Arizona lake on purpose PHOENIX (AP) — About 450 sardine-sized fish with a mouthful of sharp teeth have been intentionally released in a remote lake in north-central Arizona...
01:34, 2019-06-03

Mozilla rolls out Firefox 67, with 'procrastination on purpose' for faster browsing Mozilla has unleashed a new version of Firefox, which is claims is faster than ever thanks to a strategy it's calling 'procrastinate on pur...
16:17, 2019-05-21

Yamaha Working On Dual-Purpose Motorcycle 'WR155' Based On YZF-R15 The YZF-R15 platform has turned out to be extremely successful for Yamaha Motor and the bike maker has churned out a number of motorcycles that use t...
04:00, 2019-08-21

Russia says Siberian wildfires started on purpose by illegal loggers Russian prosecutors said on Tuesday that some of the vast Siberian wildfires that environmentalists have dubbed a climate emergency were started on p...
19:00, 2019-08-06

Fighting gave Ashley Yoder a purpose after brother's death UFC strawweight Ashley Yoder, who fights Saturday in South Carolina, says the unfortunate death of her brother has impacted her life in more ways tha...
14:34, 2019-06-20

Freshman Rep. Wild turns grief from partner’s suicide into a new purpose The Pennsylvania Democrat, who ran on labor and health care for her pro-union constituency, is making suicide prevention and mental health issues a n...
05:00, 2019-09-09

Vladimir Putin interview: Liberal idea has 'outlived its purpose' The Russian president said that Western societies are rejecting liberal values, as multiculturalism has alienated the "core population." Putin has be...
02:51, 2019-06-28

'Orange is the New Black' final season finds urgency and purpose in ICE plot "Orange is the New Black" and "House of Cards" helped put Netflix on the map, establishing the service as an original programming force. The prison d...
20:00, 2019-07-31

Scott Stringer questions ‘purpose’ of Chirlane McCray’s ThriveNYC program City Comptroller Scott Stringer raised serious concerns over the “purpose” of first lady Chirlane McCray’s ThriveNYC, saying the taxpayer-funded ment...
22:00, 2019-05-23

Putin says liberalism has 'outlived its purpose' and praised Trump's tough immigration policies ahead of the G20 summit Reuters Russian president Vladimir Putin said liberalism has "outlived its purpose" and praised the rise of right-wing populism in Europe in an inte...
04:51, 2019-06-28

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn...
09:17, 2019-06-17

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul d...
20:17, 2019-07-07

Russia's Vostochny Bank capital fell below key threshold last month- c.bank Russia's central bank warned on Friday that Vostochny Bank's capital adequacy ratio briefly dipped below a critical level last month, a sign of balan...
18:00, 2019-07-12

Bank of America's push to turn around investment bank is bearing fruit Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market sh...
07:00, 2019-09-10

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowle...
14:34, 2019-07-09

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowl...
16:34, 2019-07-09

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of...
15:34, 2019-05-21

WRAPUP 2-Loan growth drives profit beat at Royal Bank of Canada, TD Bank Two of Canada's largest lenders beat analysts' estimates for quarterly profits on Thursday, as strong loan growth boosted their retail banking busine...
20:34, 2019-05-23

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, ...
11:51, 2019-06-06

UPDATE 2-Royal Bank of Canada, TD Bank profit beats view, powered by loan growth Royal Bank of Canada and Toronto-Dominion Bank beat analysts' estimates for quarterly profits on Thursday, as strong loan growth bolstered their reta...
15:17, 2019-05-23

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting ...
12:34, 2019-07-08

Western Europe's best bank bank for corporate responsibility 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy ...
15:34, 2019-05-30

PNB's Board To Meet Soon On Merger With Oriental Bank, United Bank The bank has received a communication from the Ministry of Finance that the alternative mechanism after consultation with Reserve Bank of India (RBI)...
08:51, 2019-09-01

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory...
22:34, 2019-07-06

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has v...
10:17, 2019-06-17

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender pr...
18:17, 2019-07-05

Deutsche Bank's bank capital debt back in the red, CDS decline Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following n...
12:17, 2019-07-08

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Time...
13:17, 2019-06-17

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled the lender will shrink its investment bank as it struggles to stabilize the business and regain support fro...
13:51, 2019-05-23

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a...
10:34, 2019-06-17

Bank Holidays 2019: Know About The Dates Before You Head To The Bank Bank Holidays 2019: Bank holidays are closed on seconD and fourth Saturdays of the month and on Sundays. They are also shut on national holidays and ...
17:34, 2019-08-23

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a...
18:51, 2019-06-17

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germ...
07:34, 2019-06-24

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people...
22:34, 2019-06-04

Trump Suggests Iran Mistakenly Shot Down a U.S. Drone. Iran Says It was Very Much on Purpose President Donald Trump downplayed the likelihood of U.S. military action against Iran after a military drone was shot down Thursday during a reconnai...
01:17, 2019-06-21

E. coli risk leads King Arthur Flour to recall bags of its unbleached all-purpose flour Select bags of King Arthur Flour have been recalled for possible E. coli contamination. Nearly 114,000 bags are a part of the nationwide recall. ...
03:34, 2019-06-14

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or sh...
00:51, 2019-06-17

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or sh...
00:51, 2019-06-17

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a...
13:17, 2019-06-17

Deutsche Bank's bad bank a 'pimple on the backside' As part of a major restructuring plan, Germany's largest lender has set up a new unit to isolate €74 billion in toxic assets. So-called bad banks hav...
14:17, 2019-07-24

Review: A mean old man finds a dog, but does he find a purpose in Mary Miller's 'Biloxi'? Mary Miller's "Biloxi" is an engrossing character study of a contemptuous old man who tries to find some meaning in life through a dog named Lay...
21:51, 2019-05-23

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsch...
06:34, 2019-07-07

World Cup inspires woman's losing lottery ticket world record attempt A North Carolina woman said her quest to set a Guinness World Record for collecting losing lottery tickets was inspired by the United States Women's ...
20:00, 2019-07-09

Perfect stage for England to prove they are world-beaters in Cricket World Cup final England have generally been hopeless at World Cups and the last time they were at Lord's 16 days ago, this campaign — which they planned so meticulou...
15:00, 2019-07-12

President Trump Visited Japan’s Biggest Warship Since World World II. Here’s What to Know About the JS Kaga For the last day of President Donald Trump’s highly stage-managed state visit to Japan, Prime Minister Shinzo Abe took him to tour the Japanese...
19:00, 2019-05-28

How to Watch India vs England World Cup Match Live Online Around the World India vs England match is a must win game for the hosts, if they wish to remain in control of their own ICC World Cup 2019 destiny. How to watch live...
13:00, 2019-06-30

As plastics foul the world’s oceans, world leaders struggle over how to respond Leaders of the Group of 20 vowed in June to battle ocean plastic pollution — but they failed to make any commitment to turn off the tap of rising pla...
11:34, 2019-07-19

Rugby- Across the world cyclists begin final leg to deliver World Cup whistle After travelling almost 20,000 km (12,500 miles) across 27 countries since leaving London's Twickenham Stadium 223 days ago, intrepid cyclists Ron Ru...
16:00, 2019-09-13

Florida woman visits every country in the world, breaks 4 world records She really wanted to get out of Florida. After graduating from Vanderbilt University in 2017, Pensacola native Taylor Demonbreun decided to do some t...
14:51, 2019-06-21

Rugby: Across the world cyclists begin final leg to deliver World Cup whistle After travelling almost 20,000 km (12,500 miles) across 27 countries since leaving London's Twickenham Stadium 223 days ago, intrepid cyclists Ron Ru...
12:34, 2019-09-13

World Leaders Mark 80th Anniversary Of Start Of World War II In Poland Leaders including German Chancellor Angela Merkel and US Vice President Mike Pence on Sunday mark 80 years since the start of World War Two in Poland...
14:17, 2019-09-01

World's largest hot dog weighs 75 pounds and set a Guinness World Record. A piece costs $10 The New York eatery Feltman's is widely credited with creating the hot dog. It just earned a Guinness World Record for making the world's b...
23:17, 2019-06-27

Women's World Cup: Marta equals World Cup scoring record despite shock Brazil defeat Brazil star Marta enjoyed a record-breaking evening at the Women's World Cup but could not prevent her country from a shock 3-2 defeat at the hands o...
23:17, 2019-06-13

FIFA Women's World Cup: Brazil's Marta overtakes Miroslav Klose as leading World Cup scorer She's a six-time world player of the year and has now scored 17 World Cup goals, but Marta has never won women's football's biggest prize. Judging by...
11:51, 2019-06-19

World Cup parade live stream: USWNT celebrates 2019 Women's World Cup championship USWNT won its fourth World Cup title July 7 — and Wednesday it will celebrate in style with a ticker tape parade in New York. Follow for update...
17:17, 2019-07-10

US women honor '99 world cup champions, and America, with World Cup jerseys When the U.S. women’s national soccer team take the field in France next month for the 2019 FIFA Women’s World Cup, they will have America’s support ...
13:17, 2019-05-29

Women's World Cup: Impressive TV viewer numbers in Germany and around the world Germany's national team received notable ratings for their first two Women's World Cup games, continuing a worldwide trend of decent viewer numbers. ...
06:34, 2019-06-15

World leaders mark 80th anniversary of start of World War II A number of world leaders, including German President Frank-Walter Steinmeier and US Vice President Mike Pence, are in Poland to commemorate the 80th...
07:51, 2019-09-01

Wildlife World Zoo welcomes purr-fect jaguar cub to the world PHOENIX (KPNX) – Wildlife World Zoo, Aquarium & Safari Park said its jaguar, Sara, is back in the spotlight. That’s because she now has a...
02:51, 2019-05-25

How to Watch ICC Cricket World Cup 2019 Live Online Around the World Live stream and score from England vs South Africa match of the ICC Cricket World Cup 2019 in India, Pakistan, Bangladesh, Sri Lanka, South Africa, A...
22:34, 2019-05-30

Sports world celebrates USWNT's dominant World Cup win Somehow, the USWNT exceeded ridiculous expectations with its 2-0 win over the Netherlands in the World Cup final and the sports world loved it. ...
22:51, 2019-07-07

5 world-changing ideas: our top picks for World Creativity and Innovation Day A low-cost, tiny home that provides everything you need. A boat made of recycled plastic and flip-flops. Vaccine-delivery drones… As the planet marks...
15:51, 2019-05-21

Trump reads FDR's D-Day prayer as Queen Elizabeth II, world leaders remember World War II Normandy landing President Donald Trump joined Queen Elizabeth II and world leaders in paying respect to Allied service members who took part in the D-Day landings. ...
18:00, 2019-06-05

World's hungriest caterpillar is wreaking destruction around the world Scientists are racing to develop weapons against fall armyworms, a devastating pest that is rapidly invading new continents and destroying vital food...
03:34, 2019-09-05

The number one competitive eater in the world, Joey Chestnut, came to Austin, Texas Friday to compete in the World Hostess Donettes-eating Championship When it comes to competitive-eating, Joey Chestnut appears to favor “dogs” over donuts. However, that was not the case at the second annu...
07:34, 2019-06-08

Brave new world: the search for peace after the second world war On the 80th anniversary of the outbreak of WW2, the Observer’s chief political commentator reflects on how the United Nations was created out of its ...
11:51, 2019-09-01

The world's largest underwater restaurant in Norway was just named one of the 'world's greatest places.' Take a look inside, where diners can watch marine life swim by through a 36-foot window. Ivar Kvaal The world's largest underwater restaurant in Norway was just included on Time Magazine's "World's Greatest Places 2019" list. Fittingly ...
05:17, 2019-08-28

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it would cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, the bank, Germany's biggest le...
17:51, 2019-07-07

Deutsche Bank: is it really different this time? Christian Sewing has set the bank a difficult task of cutting businesses and costs yet growing revenues in the next three years; not everyone is conv...
17:51, 2019-07-08

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough...
18:51, 2019-07-08

3 Armed Men Loot Rs 15 Lakh From Bank In UP Three armed criminals looted Rs 15 lakh from a bank in Gavana village under Chhaprauli Police Station area in Uttar Pradesh's Baghpat on Monday eveni...
04:00, 2019-09-10

How to Explore a New Hobby Without Breaking the Bank Hobbies are fun. They can help you relax after a long day at work. They can provide a creative outlet, new skills, or sometimes even a new network of...
05:17, 2019-08-15

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mig...
21:00, 2019-06-28

Square Wants to Be a Bank But Doesn't Want to Be Taxed Like One Square has lent billions to small businesses and consumers and applied for a banking license, but it says it isn’t a financial company. The payments ...
14:17, 2019-09-12

New man on the board to clean up Deutsche Bank's act The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping t...
19:51, 2019-07-17

Yes Bank Shares Fall 13%, Here's What Analysts Say Yes Bank shares nosedived on Thursday, a day after the private sector bank reported a 91 per cent fall in its profit for the April-June period. Yes B...
17:51, 2019-07-18

NDB: The Brics bank takes shape Over the last 12 months, the New Development Bank has gone from concept to fully fledged lender. It says it wants to be differentiated by its nimblen...
02:34, 2019-05-22

Bank Stocks Are Having a Rough August Falling interest rates, fears of a global economic slowdown and unrest in the Asian financial hub of Hong Kong have conspired to beat up bank stocks ...
06:00, 2019-08-13

Investment bank environment still very fragile says UBS Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, addin...
21:17, 2019-06-06

Can the Giants Really Bank on Daniel Jones? Team brass thinks he can be the next Eli Manning. Giants fans wondered why a Duke quarterback was worth the No. 6 pick. We talked to over 30 people w...
20:17, 2019-08-07

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his re...
02:00, 2019-07-08

Nordea Bank says its CEO will retire by end-2020 HELSINKI (AP) — The Nordic region’s largest financial group says it has begun looking for a successor to replace its current chief executive, w...
17:17, 2019-06-30

Survivors reflect on First Third bank shooting Last September, a gunman opened fire in a downtown Cincinnati bank building, killing three and wounding two others. One year later, survivors and fam...
22:17, 2019-09-06

Lowering emissions without breaking the bank India’s economy is booming, driving up electric power consumption to unprecedented levels. The nation’s installed electricity capacity, which increas...
23:34, 2019-07-31

The bank of mom and dad will lend — and even issue mortgages So-called family home loans are relatively common in the U.S. Canada's version of the arrangement is also becoming more popular, according to one B.C...
03:51, 2019-09-08

A Big Bank with Big Troubles: Financial Crisis 2.0? Many big financial institutions faced bankruptcy during the 2007-2009 crisis, and now -- a reminder of that turbulent time. A major global bank has b...
00:34, 2019-07-17

Indian Bank Defrauded by Another Borrower The Indian bank that fell victim to one of the country’s biggest banking scams said that another borrower had defrauded it of half a billion dollars....
21:00, 2019-07-08

TPD searching for bank robbery suspect TUCSON – Tucson Police Department is searching for a bank robbery suspect who allegedly robbed the Chase Bank located at 947 N Park Ave., on Mo...
18:34, 2019-07-16

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unem...
10:00, 2019-06-18

Is India's central bank still independent? When India’s central bank recently approved a $24.4 billion payout to the federal government, questions were raised whether Prime Minister Narendra M...
16:34, 2019-09-13

The green bank for kids - set up by a child José Adolfo Quisocala teaches poor children how to save and to earn money by recyclingHe is a Peruvian banker who encourages schoolchildren to save, ...
09:34, 2019-05-31

New Zealand captain Kane Williamson defends 'world class' MS Dhoni over India World Cup exit New Zealand captain Kane Williamson has defended India wicketkeeper MS Dhoni, after the veteran was criticised for slow scoring as his side crashed o...
23:34, 2019-07-10

Is Deutsche Bank drinking in the last chance saloon? As it presses ahead with restructuring, Deutsche will exit cast equities, cut back in rates and centre itself on a traditional corporate banking busi...
22:34, 2019-09-13

The Bank of England’s recipe for managed decline The central bank’s new ideas for how to modernize Britain’s financial system could eat into banks’ revenues, while helping them cut costs. For the wi...
20:17, 2019-06-27

Bank of England: No-deal Brexit not as bad as we thought The negative impact of a no-deal Brexit will not be as severe as originally thought because of improved planning by the government, businesses and th...
02:34, 2019-09-05

Singapore to issue digital bank licenses Move to issue up to five new digital bank licenses will add market diversity and boost the local banking system in Singapore's bid to become a digita...
02:34, 2019-06-30

How Deutsche Bank could turn into another Lehman Brothers Stock enthusiasts would be wise to keep a close watch on what is happening at Deutsche Bank, which shook up its business and said it planned to lay o...
05:17, 2019-07-09

China's central bank could be trying to shore up the yuan The People's Bank of China set the midpoint at 7.0810 per dollar — weaker than the previous day's fix, but stronger than what markets expec...
15:51, 2019-08-27

China may have a new way of boosting its economy. Here's what the central bank just did China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months...
14:00, 2019-08-20

Boris Johnson will have us laughing all the way to the food bank | Will Self The dialectical relation between politics and comedy is taking us somewhere deeply unfunnyHello, I’ll be standing in for David Mitchell this week, an...
00:34, 2019-08-26

New Startup-Focused Bank Gets More Than $100 Million From Investors A group of investors has bet more than $100 million on Grasshopper Bancorp, a new digital bank that is looking to tap into the growth of technology s...
15:34, 2019-05-30

Deal: LG G8 ThinQ is $200 off at B&H and comes with free power bank Just like many other flagship smartphones available in the US, the unlocked LG G8 ThinQ is compatible with all major carriers in the country, includi...
01:34, 2019-06-15

Warriors bank on Thompson's return for Game 4 OAKLAND - The Toronto Raptors can move within one game of their first championship Friday night, but likely they will see a different-looking opponen...
04:51, 2019-06-07

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restru...
21:17, 2019-07-09

RBS picks Rose as first woman to run major UK bank The state-backed Royal Bank of Scotland (RBS) has picked Alison Rose to become its next chief executive, making her the first woman to head one of Br...
13:51, 2019-08-10

Western Europe's best digital bank 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy ...
15:34, 2019-05-30

When You Sell Your Stuff for Cash, Meet at the Bank Police stations are a popular spot for exchanging used goods for cash in our Craigslist/Offerup/Letgo/eBay/Nextdoor-filled lives. In fact, many polic...
01:51, 2019-07-05

Bank Stocks Hurt by More Than Falling Rates Bank stocks soared ahead of the S&P 500 early in the year, but recent worries that trade tensions will hit the economy have dented shares of lenders ...
18:00, 2019-05-29

A Money Center Bank Falls to a 10-Plus Year Low: Now What? From a high near $150 in 2007, Deutsche Bank's share price recently fell below $8. But is this the end of the long down trend? A hint comes from an E...
17:34, 2019-05-21

Democrats defy Waters on Ex-Im Bank crackdown House Democrats are poised to challenge a deal negotiated by Rep. Maxine Waters that would impose new restrictions on the Export-Import Bank, the fir...
18:17, 2019-06-21

RBS eyes bid for £3.7bn Tesco Bank mortgage book The ‎state-backed Royal Bank of Scotland (RBS) is pursuing its biggest acquisition since the financial crisis by tabling a bid for Tesco Bank's...
15:51, 2019-06-21

Ex-worker tries to rob Brazilian bank in elaborate old-man disguise A former bank employee in Brazil wore a disturbingly life-like old man mask while trying to rob a location of his ex-employer, according to new repor...
22:34, 2019-08-13

Former Wells Fargo CEO: 'This is the time' for bank acquisitions Former Wells Fargo CEO Richard Kovacevich says the depressed valuations for banks and other financial firms mean "this is the time" for acquisitions ...
23:51, 2019-07-15

Bank of England expects zero growth in UK economy The Bank of England says it now expects zero growth in the UK economy in the second quarter of the year as no-deal Brexit fears and the US-China trad...
16:17, 2019-06-20

Suspect sought in U.S. Bank armed robbery TUCSON – Tucson Police Department is asking for the public’s help in locating a male suspect involved in a bank robbery in central Tucson on Monday. ...
03:17, 2019-08-14

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cut...
03:17, 2019-07-18

12 Unexpected Table Lamps That Won't Break the Bank Lamps skirt the line between “decor” and “necessity.” After all, most rooms tend to have at least one overhead light. You can get away with not havin...
05:17, 2019-08-27

Bank of England welcomes Facebook currency Mark Carney has issued an unexpectedly warm welcome to Facebook’s new global currency, saying tech companies and non-banks could soon be given ...
20:00, 2019-06-20

Bank of England: No-deal Brexit not as bad as we predicted The negative impact of a no-deal Brexit will not be as severe as originally predicted because of improved planning by the government, businesses and ...
19:00, 2019-09-04

Embattled Bank Stocks Lose Billions Investors continued their run on bank stocks, sending shares of some of America’s biggest financial institutions sharply lower following the latest s...
22:51, 2019-08-14

Royal Bank of Canada's Profit Increases Royal Bank of Canada’s profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank’s chief executive said th...
20:51, 2019-08-21

| WP bank on Bok injection for crucial Cheetahs clash Junior Springbok centre Rikus Pretorius will make his Western Province debut in the final league round Currie Cup encounter against the Free State Ch...
18:34, 2019-08-21

New name for BB&T-SunTrust bank lampooned: 'You could put this on a brand of toothpaste' "They have thrown aside two great brands that had real value in exchange for this horrific, means-nothing statement," said investor psychologist Pete...
20:51, 2019-06-13

Wealth management: Bank of Morgan Stanley Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – wha...
15:34, 2019-05-21

A couple accidentally got $120,000 from the bank. Then they were arrested for spending it The couple from Montoursville, Pennsylvania, allegedly purchased a car, paid their bills and handed the money out to friends, police said.  ...
14:34, 2019-09-10

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platf...
22:51, 2019-06-19

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide w...
14:17, 2019-08-22

Deutsche Bank careers end in an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the...
19:17, 2019-07-08

Why the ECB Will Stuff Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro-zone economy. Starting in September, it’ll make a generous funding offer...
16:00, 2019-08-16

US ambassador says Israel 'has the right to retain some' of the West Bank President Trump’s administration won’t “prejudge” an Israeli effort to annex settlements in the West Bank, according to the top U.S. envoy to Israel....
04:51, 2019-06-09

Suspect sought U.S. Bank armed robbery Do you recognize him? Courtesy: Tucson Police Department TUCSON – Tucson Police Department is asking for the public’s help in locating a male suspect...
15:00, 2019-08-13

Mexico freezes ex-oil official’s bank accounts MEXICO CITY (AP) — Mexican authorities have frozen the bank accounts of Emilio Lozoya, the former head of Mexico’s state-owned oil company. The...
14:51, 2019-05-28

No More Bailouts? China’s New Approach to Bank Stress China’s legions of regional banks are feeling the strain. The country’s two-year crackdown on risky financing and the trade war with the U.S. have sl...
07:00, 2019-08-09

Mexico adds to LatAm bank gloom Banorte CEO says market will be 'surprised' by what comes next for the bank; fintech growth unlikely to impact bank growth in the short-term....
22:00, 2019-08-28

Deutsche Bank's uncertain road to recovery The German lender is planning to cut thousands of jobs and shed whole business lines as part of a major reorganization. Analysts say cost cutting alo...
11:34, 2019-07-05

Moody's Places Yes Bank Under Review For 'Downgrade' Shares of Yes Bank, which rose as much as 5.6 per cent intraday, pared some gains to settle 2.7 per centhigher on the NSE Nifty that was up 0.36 per ...
14:34, 2019-06-11

Sewing’s savings: how Deutsche Bank will try to turn itself around Germany’s biggest bank wants to convince investors that its latest restructuring effort differs from previous attempts by returning the firm to its o...
17:51, 2019-07-08

Deutsche CEO to invest 15% of monthly net pay in bank's shares Deutsche Bank's chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender's shares starting in September, a...
02:00, 2019-09-03

Bank Frauds Jump 74% To Rs 71,543 Crore In 2018-19, Says RBI Reserve Bank of India (RBI) in its annual report said that frauds related to loans constituted dominant share of the total amount involved in frauds....
17:34, 2019-08-29

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking divi...
00:51, 2019-07-08

China's c.bank to issue own cryptocurrency as soon as Nov - Forbes China plans to issue its own crytocurrency as early as Nov. 11, the country's busiest shopping day for online sales, U.S. financial magazine Forbes s...
09:00, 2019-08-28

UBS's Ermotti says Swiss bank's CEO bench at least three deep: NZZ UBS has least three candidates from inside the biggest Swiss bank who could eventually step into the CEO role, Chief Executive Sergio Ermotti said in...
17:00, 2019-08-29

Yes Bank Shares Fall Over 7% After Moody's Downgrade On the National Stock Exchange (NSE), Yes Bank shares opened lower at Rs 59.25 apiece and dropped to as much as Rs 55 apiece, marking a decrease of 7...
17:34, 2019-08-29

Police: Man says he robbed bank because he couldn’t buy meds SALT LAKE CITY (AP) — Police say a 65-year-old man told them he robbed a Utah bank because he didn’t have the money for medication he needed. T...
03:34, 2019-06-08

Best power bank in India: Best batteries over 10,000mAh Believe it or not, smartphone batteries have gotten better over the last few years, especially compared to when Android phones just arrived into the ...
14:34, 2019-06-07

Yes Bank Shares Rise Over 4% Ahead Of Earnings Yes Bank share price, Yes Bank earnings, Yes Bank shares today: At Wednesday's intraday high, Yes Bank shares clocked a recovery of 26.49% from a fre...
11:17, 2019-07-17

Ex-RBS exec Brown to take helm at Sainsbury's Bank A former Royal Bank of Scotland (RBS) executive is to become the next boss of J Sainsbury's financial services arm as the supermarket giant tries to ...
20:34, 2019-06-10

PCSD searching for bank robbery suspect TUCSON- The Pima County Sheriff’s Department is searching for a suspect that robbed the National Bank of Arizona at 5360 North La Cholla Boulev...
01:17, 2019-05-22

Three is the place to be for SIM only deals this bank holiday weekend There is a massive range of different networks and retailers who offer SIM only deals. But if you've decided to use your bank holiday weekend tr...
14:17, 2019-08-24

Brokers Bank on Your Cash, but Some Are Breaking From the Pack Fidelity Investments said it has sweetened the deal for customers holding cash there, the latest salvo in the price war playing out among brokerages....
14:17, 2019-08-08

Germany's central bank warns of possible recession The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weig...
19:51, 2019-08-19

European Central Bank unveils new help for economy The European Central Bank is launching a new round of monetary stimulus to support economic growth in the face of uncertainties like the U.S.-China t...
14:51, 2019-09-12

China's Yuan Weakens Despite the Will of its Central Bank Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the tr...
21:51, 2019-06-10

This is what it really looks like inside a bank's cybersecurity center right before an attack In this excerpt from Kate Fazzini's new book "Kingdom of Lies," she takes you directly inside the security operations center of one of the world...
16:34, 2019-06-15

Deutsche Bank to pay $16m to settle US ‘princelings’ case Regulator had said it corruptly hired unqualified relatives of foreign officials to win businessDeutsche Bank has agreed to pay a $16m (£13m) fine to...
20:34, 2019-08-23

All You Need To Know About State Bank Of India ATM Transaction Limits State Bank of India (SBI) account ATM charges: SBI savings account holders with an MAB or monthly average balance - minimum balance - above Rs 25,000...
10:51, 2019-05-22

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh cen...
23:17, 2019-06-18

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percenta...
16:51, 2019-09-06

The best bank holiday sales available at Amazon, Argos, Boohoo and more The second set of May's Bank Holiday Sales have launched early at many stores and we're here to roundup the best deals and tell you who is ...
19:34, 2019-05-24

Deutsche Bank layoffs on heels of years of trouble AP banking reporter Ken Sweet said the layoffs just announced at Deutsche Bank are a sign of "trouble" for a bank that has seen a revolving door of C...
04:17, 2019-07-09

Yes Bank Shares Surge, Reclaim Rs 100-Mark After 7 Sessions Yes Bank stock price news: Yes Bank share price today: Yes Bank shares jumped 10.89% jump from their previous close of Rs 93.20 apiece on the BSE. ...
23:51, 2019-07-16

How To Pay State Bank Of India Credit Card Bills Through ATM State Bank of India (SBI) credit card bill: State Bank of India ATMs enable the customers to clear their credit card dues from over 26,000 ATMs witho...
11:17, 2019-07-17

Erdogan Dismisses Governor of Turkey's Central Bank President Recep Tayyip Erdogan has dismissed the governor of Turkey’s central bank, sparking fresh investor concerns over the independence of an inst...
10:17, 2019-07-07

Deutsche Bank and UBS Explored European Banking Alliance Deutsche Bank and UBS had talks as recently as mid-June to form an unusual alliance of investment-banking operations, according to people familiar wi...
12:51, 2019-08-25

Israel to allow Tlaib's humanitarian visit to West Bank Israel’s interior ministry said Friday it has granted a request on humanitarian grounds by Rep. Rashida Tlaib (D-Mich.) to visit her family in the Is...
14:00, 2019-08-16

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which w...
19:17, 2019-07-08

Bank Stocks Climb on Mexico Tariff Delay Stocks of large commercial lenders rose after the U.S.’s decision to hold off implementing trade tariffs on Mexican imports brightened investors’ eco...
03:34, 2019-06-11

Israel Allows Rep. Tlaib to Visit Family in West Bank Israel said it would allow Rep. Rashida Tlaib to enter the country to visit her grandmother in the West Bank, a day after denying entry to her and fe...
13:00, 2019-08-16

Trump escalates war of words with central bank boss Donald Trump has stepped up his attacks on Federal Reserve chairman Jerome Powell, comparing him to a bad golfer and blaming the US central bank...
01:17, 2019-08-22

UPDATE 1-China to offer liquidity to Baoshang Bank China's central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country's financial regulators hav...
17:17, 2019-05-26

Hitman 2’s first DLC level is a quirky and thrilling bank heist Hitman 2's first DLC level is live, and it exemplifies why the game is so delightful. It flips from throwing cheeseburgers at nerds to "Heat," instan...
08:17, 2019-06-29

Bank Repossesses 50 Alfa Romeos From Struggling Dealership Man, the pile of troubles a struggling Alfa Romeo dealership in Dallas has found itself under seems endless. Customer complaints, unpaid rent and n...
04:17, 2019-07-18

Deutsche Bank Credit Rating Downgraded by Fitch Fitch Ratings on Friday downgraded Deutsche Bank AG’s long-term debt rating, citing the German lender’s low profitability and doubts about its busine...
00:00, 2019-06-08

Bank CEO Calk charged in scheme to win a job in Trump administration Federal prosecutors on Thursday unsealed criminal charges against Federal Savings Bank CEO Stephen Calk accusing him of corruptly approving high-risk...
17:00, 2019-05-23

Bank of America Cut Off Private Prisons Weeks After Lending to One Bank of America said last week it would stop doing business with private prisons. What it didn’t say: It had recently agreed to lend $90 million to o...
17:51, 2019-07-02

Warren Buffett Is Buying Bank Stocks. Why Aren’t Others? Growth is slowing, worries of a recession are rising and the Fed just cut interest rates. Wall Street analysts expect lower rates to crimp banks’ pro...
08:51, 2019-08-19

US ambassador: Israel can retain parts of West Bank JERUSALEM (AP) — The U.S. ambassador in Jerusalem says Israel has the right to retain parts, but not all, of the West Bank. David Friedman’s re...
22:34, 2019-06-08

Deutsche Bank Shares Fall Sharply on Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for m...
18:51, 2019-07-08

IDBI Bank Hits 52-Week Low After Earnings Announcement On the National Stock Exchange (NSE), the IDBI Bank stock price declined as much as 11.94 per cent to quote at Rs 23.95 apiece at the day's weakest p...
14:00, 2019-08-16

Deutsche Bank set to return to roots with radical reboot The German lender is cutting thousands of jobs and shedding whole business lines as part of a massive overhaul. Analysts say cost cutting alone is no...
19:51, 2019-07-08

US ambassador: Israel has right to annex parts of West Bank David Friedman gives interview to New York Times‘Israel has right to some, but unlikely all’ of disputed territoryThe US ambassador to Israel did not...
20:17, 2019-06-08

State Bank Of India Levies These Charges For ATM, Other Services Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every m...
18:00, 2019-08-22

Central bank slashes German growth predictions Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in ...
12:34, 2019-06-07

Germany likely to head into recession, central bank warns Bundesbank says summer’s slump in exports is expected to continue into the autumnGermany’s economy is heading into recession after the country’s cent...
22:17, 2019-08-19

One Wall Street Bank Thinks Boeing Can Rally to $500 Boeing shares haven’t yet recovered from the fallout stemming from the grounding of the 737 MAX. But they are worth taking a second look at, Morgan S...
19:00, 2019-09-09

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy abou...
10:00, 2019-05-24

Tlaib says she will not go to the West Bank after being granted permission by Israel Israel reversed its decision to bar Democratic Rep. Rashida Tlaib from entering the country, but Tlaib announced she would not be going.   ...
07:00, 2019-08-17

Humbled Deutsche Bank faces battle in its own backyard Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Se...
12:00, 2019-08-20

U.S. Ambassador Says Israel Has Right to Annex Parts of West Bank Ambassador David M. Friedman opened the door to American acceptance of Israel’s annexation of parts of the West Bank, a move that would violate inter...
09:51, 2019-06-08

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executive...
06:51, 2019-07-09

U.S. Bank Regulator Pitches Low-Income Lending Rule Changes A Trump-appointed bank regulator is touring the country trying to sell his plans to modify lower-income lending requirements and overcome resistance ...
08:17, 2019-08-20

RBI Considers Linking Some New Bank Loans To Benchmark Rate Commercial banks cite high deposit rates for their inability to cut loan ones. Marginal reductions restrict how much borrowers benefit from the repo ...
07:00, 2019-08-20

Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-large...
19:51, 2019-07-17

Turkey’s President Removes Head of Central Bank Differences between Recep Tayyip Erdogan and the bank’s governor, Murat Cetinkaya, had deepened as the bank held its benchmark interest rate at 24 pe...
00:17, 2019-07-07

India's central bank is on track for 'at least one more' rate cut, JPMorgan says The Reserve Bank of India cut its policy repo rate, or the rate at which it lends to banks, by 25 basis points from 6% to 5.75% and changed its stanc...
16:17, 2019-06-07

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in...
09:34, 2019-06-12

Trump Fed Pick Missed Bank Board Meetings One of President Trump’s latest Federal Reserve picks has amassed an attendance record that is worse than all but two of the European Bank for Recons...
04:51, 2019-07-16

Trial set for 82-year-old charged in bank robbery in Tucson PHOENIX (AP) — An Oct. 8 trial has been scheduled for an 82-year-old man charged with bank robbery in the January 2018 holdup of a Tucson credit unio...
21:34, 2019-08-16

Pete Buttigieg would cut some US aid if Israel annexes West Bank Democratic presidential hopeful Pete Buttigieg said on Tuesday that if Prime Minister Benjamin Netanyahu carries out his plan to annex settlements in...
00:00, 2019-06-12

Bank of Canada’s next update could affect federal election Since the bank's most-recent public comments in early July, there's mounting evidence of a slowing global economy mostly due to the escalating U.S.-C...
04:00, 2019-08-24

The Latest: Tlaib says she won’t visit West Bank relatives Democratic congresswoman Rashida Tlaib says she won’t visit her relatives in the West Bank after Israel issued a permit on humanitarian grounds, cite...
17:00, 2019-08-16

Frankfurt train station shut after bank robbery A bank robbery and a police chase caused officials to suspend operations at Frankfurt's central station, one of the busiest train hubs in Germany. Th...
17:51, 2019-08-02

Deutsche Bank in wealth management hiring spree Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in ...
12:17, 2019-06-30

Key Things To Know About SBI's Basic Savings Bank Deposit Account SBI's zero balance account: A basic RuPay ATM-cum-debit card is issued free of cost and no annual maintenance charge is applied. The receipt/ credit ...
14:51, 2019-05-24

Deutsche Bank, in a Last-Ditch Effort to Stop Its Spiral, Could Lay Off 20,000 The German bank is said to be preparing a sweeping restructuring that will eliminate thousands of jobs and bring to an end its 20-year foray into Wal...
22:17, 2019-06-28

Police look to Facebook, bank records in quadruple slaying MANDAN, N.D. (AP) — Police are turning to Facebook and bank records to try to identify a motive for why four people were killed at a North Dakota bus...
20:17, 2019-06-10

RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank The RBI said it decided to impose a penalty after reviewing the bank's reply to a notice seeking an explanation about why it had not complied with re...
17:51, 2019-06-08

Ujjivan Small Finance Bank Files For Rs 1,200-Crore IPO Ujjivan Small Finance Bank Limited has proposed an initial public offer (IPO) worth Rs 1,200 crore, its promoter Ujjivan Financial Services Limited s...
07:00, 2019-08-20

Kotak Bank Shares Fall Over 3% Ahead Of Earnings Kotak Mahindra Bank shares, Kotak Mahindra Bank earnings: On the BSE, the Kotak Mahindra Bank stock opened at Rs 1,500 apiece - nearly unchanged fro...
10:00, 2019-07-22

BNP Paribas plans bid for Deutsche Bank's equity derivatives French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in t...
22:00, 2019-08-29

TD Bank Group's Profit Lifted by U.S. Retail Operations Toronto-Dominion Bank Group joined its largest Canadian rival in slowing spending during its fiscal third quarter amid macroeconomic uncertainty and ...
22:51, 2019-08-29

Deutsche Bank restructuring to cost up to $5.6 billion: source Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the matter...
14:34, 2019-07-03

HSBC CEO quits as bank warns of looming clouds HSBC CEO John Flint has left the bank just 18 months into the job. HSBC makes 80% of its profits in Asia and the new boss will face growing tensions ...
16:34, 2019-08-05

Jeffrey Epstein's Financial Trail Goes Through Deutsche Bank Deutsche Bank played a key role in Jeffrey Epstein’s financial dealings in recent years, helping the accused sex-trafficker move millions of dollars ...
22:51, 2019-07-23

Metro Bank to seek new chair as Hill steps aside Metro Bank will on Wednesday try to draw a line under a series of corporate governance rows with the City by announcing that it is kicking off a sear...
23:17, 2019-07-23

| Liberia president seeks to clean up central bank Liberian President George Weah has shaken up the leadership of the Central Bank of Liberia in a bid to restore confidence in an institution dogged by...
06:17, 2019-05-30

Ernst & Young Quits as Auditor for Chinese Bank The firm’s resignation adds to concerns about the health of the China’s regional banks following a government takeover of a troubled small bank last ...
16:00, 2019-06-03

Unprecedented Rs 71,500-Crore Bank Frauds Reported In 2018-19: RBI In the last 11 fiscal years, a total of 53,334 cases of fraud were reported by banks involving a massive amount of Rs 2.05 lakh crore, according to d...
14:51, 2019-06-03

Who Is Allowing These "Big Bank Frauds": Priyanka Gandhi On RBI Report Congress leader Priyanka Gandhi Vadra attacked the government on Friday over an RBI report showing bank frauds have gone up by 15 per cent year-on-ye...
12:34, 2019-08-30

Betterment Is Basically Becoming a Bank With New Savings and Checking Accounts Less than a year after launching its not-quite-a-savings-account Smart Saver product, popular robo-advisor Betterment is taking big steps towards bec...
02:00, 2019-07-24

Former Fed Leaders Plea for Central Bank's Political Independence All four former still-living Fed chairs—Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen—made their case for the central bank to remain in...
09:17, 2019-08-06

Stocks Climb Ahead of Central-Bank Meetings U.S. indexes edged higher ahead of central bank policy meetings around the world as investors continue to bet the Federal Reserve will slash interest...
23:17, 2019-06-17

Bank transfer fraud victims to get refunds under new code Bank account holders who are tricked into transferring money to fraudsters could be entitled to reimbursement under a new voluntary industry code com...
17:17, 2019-05-28

Moody's Cuts Yes Bank Ratings With "Negative" Outlook Moody's expects the bulk of Yes Bank's operating profits will get consumed by loan loss provisions over the next 12 to 18 months, and thus not suppor...
00:34, 2019-08-29

China's bank loans up in August, more stimulus expected Chinese regulators have been trying to boost bank lending and lower financing costs for more than a year. But some analysts say credit demand has not...
10:34, 2019-09-12

PNB, Allahabad Bank, 2 Other Lenders Fined For Non-Compliance With Norms While Punjab National Bank (PNB), Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, Corporation Bank has been asked to pay a penalty of Rs...
13:51, 2019-07-03

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big h...
05:51, 2019-07-08

This big bank is eliminating all fees on checking and savings accounts Discover is doing away with fees of any kind on its checking, savings, money market and certificate of deposit accounts.     ...
18:51, 2019-06-17

Trump is a huge headache for Deutsche. But the bank has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as...
23:51, 2019-07-07

UBS slashes threshold for fee on euro deposits at Swiss bank UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerlan...
20:51, 2019-08-06

Even the Google Calendar app is being used by scammers to drain your bank account Scammers apparently live by the motto "where there's a will there's a way." Take the Google Calendar app. As Wired notes, criminals with malicious in...
02:00, 2019-06-23

European Central Bank cuts deposit rate The European Central Bank announced Thursday it will cut its deposit rate and make new monthly bond purchases in the billions among other steps to he...
17:17, 2019-09-12

UPDATE 1-Businesswoman Gadhia withdraws from Bank of England job Britain's finance ministry said on Tuesday that Jayne-Anne Gadhia, recently appointed as an executive at U.S. online services provider Salesforce, wi...
10:51, 2019-08-06

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment b...
23:17, 2019-06-18

Deutsche Bank Revamp Pushes Lender Into Big Loss Deutsche Bank reported a loss of more than $3.5 billion in the second quarter, reflecting the pain of a large restructuring charge that wiped out wha...
10:51, 2019-07-24

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on ...
12:17, 2019-07-08

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street ...
01:51, 2019-07-11

Deutsche Bank stumbles to big loss on road to reinvention Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executi...
17:51, 2019-07-24

FBI eyes Deutsche Bank after money-laundering report NEW YORK (AP) — The FBI has reached out to a lawyer for a former Deutsche Bank employee who complained that the bank ignored suspicious transactions,...
04:51, 2019-06-20

Credit Suisse exec heads to Deutsche Bank Deutsche Bank has named Steven Feinberg to manage its US investment-grade debt trading, Bloomberg reported. Feinberg had previously worked at Credit ...
07:01, 2019-06-20

Bank Employee Unions Warn Of Strike. Heres All You Need To Know Bank strike 2019: Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also m...
17:17, 2019-09-14

Bank of England set to keep rates on hold over Brexit unease LONDON (AP) — The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncert...
08:17, 2019-06-20

Government To Get Swiss Bank Details Of All Indians From September India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial infor...
22:34, 2019-07-10

Deutsche Bank to Slash 18,000 Jobs in a Sweeping Restructuring FRANKFURT, Germany (AP) — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile invest...
08:51, 2019-07-08

US-China trade war unlikely to end soon, ex-Chinese central bank chief says The deadlock over trade between the U.S. and China is unlikely to end during next month's G20 summit in Japan, with a former Chinese central bank chi...
10:34, 2019-05-31

Borrowing from your 401(k) is easy. But should you really break open that piggy bank? Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs. ...
14:32, 2019-05-21

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts...
16:17, 2019-07-24

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would b...
14:17, 2019-07-24

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers,...
20:17, 2019-07-03

One major bank is holding the line, saying the Fed won't cut rates this year The economists at Citi maintained their call for no rate cuts this year after the Federal Reserve said the case for an easier monetary policy has str...
22:17, 2019-06-21

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial ...
02:00, 2019-07-08

Deutsche Bank suffers $3.5 billion quarterly loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion) because of major costs stemming from its efforts t...
11:51, 2019-07-24

Bank Stocks Decline After Trump's New Tariff Threat Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook f...
02:17, 2019-08-02

Deutsche Bank counts cost of job cutting with £2.8bn loss Deutsche Bank has reported a bigger than expected €3.15bn (£2.81bn) quarterly loss after counting the cost of major restructuring which wi...
12:00, 2019-07-24

RBI Penalises HDFC Bank For Violating Know Your Customer Norms The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on private sector lender HDFC Bank for violating norms related to know your customer...
11:17, 2019-06-19

Bank of England warns of 1 in 3 chance of Brexit recession Committee votes 9-0 to keep interest rates at 0.75% as uncertainty drags down the UK economyBritain has a one in three chance of plunging into recess...
16:00, 2019-08-01

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: WSJ The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for stat...
06:34, 2019-07-11

China's central bank has one less worry after the Fed's rate cut, analysts say The U.S. Federal Reserve's interest rate cut takes some pressure off the People's Bank of China, amid the multitude of challenges it alread...
10:00, 2019-08-01

Bank of Jinzhou Posts Net Loss After Filing Delay Hong Kong-listed lender Bank of Jinzhou reported a net loss, citing increased bad loans and a change of accounting measures that have more-stringent ...
17:51, 2019-08-31

Deutsche Bank shares rise after shake-up to cut 18,000 jobs Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 ...
10:34, 2019-07-08

Deutsche Bank, massive payoffs and being rewarded for failure Public outrage at departing financial executives receiving millions is often palpable. Yet grappling with the issue is harder than it looks in an ind...
10:01, 2019-07-12

If the Bank Accidentally Deposits Money in Your Account, Don't Spend It A Pennsylvania couple is facing felony charges for buying an SUV, a race car, and two four-wheelers, and then handing out $15,000 to their friends af...
01:34, 2019-09-12

Ex-chairman of Vietnam's BIDV bank dies in detention A former head of Vietnam's second largest listed bank, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), died in dete...
10:17, 2019-07-18

Canadian regulator summons RBC, TD Bank over malpractice charges The Ontario Securities Commission has issued a notice of hearing to Royal Bank of Canada and Toronto-Dominion Bank to settle charges of forex trading...
08:17, 2019-08-27

Mexico central bank has more reason to cut rates after low Aug inflation Mexico's central bank now has another reason to reduce its benchmark interest rate again this year, as annualized inflation cooled in August to a nea...
23:34, 2019-09-10

The Latest: European Central Bank gives economy more support VILNIUS, Lithuania (AP) — The Latest on the European Central Bank’s monetary policy meeting (all times local): 2:50 p.m. The European Central B...
14:17, 2019-06-06

New Zealand to start protecting bank deposits of most savers WELLINGTON, New Zealand (AP) — New Zealand remains one of the few developed countries where people with bank savings have no recourse if their bank f...
10:00, 2019-06-24

Netanyahu says he'll annex parts of West Bank if re-elected Israel's Prime Minister Benjamin Netanyahu says if he's re-elected and able to form a coalition, he'll apply Israeli sovereignty over the Jordan Vall...
08:17, 2019-09-11

Masked burglar caught on camera breaking into bank ATM A man was caught on video breaking into an ATM machine inside a Queens bank on Wednesday and allegedly stealing cash before running off, according to...
15:34, 2019-05-22

German Companies From Deutsche Bank to BMW Grapple With Setbacks German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local econ...
15:34, 2019-07-12

Trio charged in Tucson takedown bank robbery TUCSON – Three men have been sentenced to prison in connection with a takedown bank robbery that happened last year. Prosecutors say Jovante La...
04:34, 2019-06-28

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to ...
10:51, 2019-05-23

Pope caps reform of Vatican bank with new statutes Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and introducing other changes to bolster reforms tha...
01:34, 2019-08-11

India’s central bank cuts lending rate to 5.75% NEW DELHI (AP) — India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect t...
11:17, 2019-06-06

| Mobile phones are replacing bank accounts in Africa Sub-Saharan Africa has more mobile-money accounts than anywhere else in the world with about 396 million registered users at the end of 2018, a 14% i...
12:00, 2019-08-13

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the...
18:34, 2019-07-08

Turkey needs to stick to free market rules - Is Bank CEO Turkey needs to stick to free market rules until the end, Isbank chief executive Adnan Bali said on Wednesday, warning that imposing controls would h...
13:51, 2019-05-22

Bank armed robbery suspect caught, police say Francisco Ivan Taddei / Courtesy: Tucson Police Department TUCSON – Tucson Police Department has identified and arrested the suspect in connection to...
19:17, 2019-08-14

UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will re...
16:34, 2019-06-16

A Look at the West Bank Area Netanyahu Vowed to Annex The Jordan Valley and northern Dead Sea are considered strategically vital zones by Israel for security. If Israel annexed them, it would encircle an...
23:00, 2019-09-10

HDFC Bank Shares Fall Over 3% After Earnings Announcement HDFC Bank stock price: HDFC Bank share price: At 10:00 am, the HDFC Bank stock traded 2.82% lower at Rs 2,308.85 apiece on the BSE, underperforming t...
07:00, 2019-07-22

N4T Investigators: Hackers stealing money from bank accounts TUCSON – Cybercriminals are gaining access to bank accounts and stealing money. A victim from Oro Valley recently had tens of thousands of dollars st...
08:51, 2019-07-19

Man wearing a fedora robs Long Island bank He’s missing his Bonnie Parker. Police are on the hunt for this Panama hat-wearing man — who allegedly robbed a Long Island bank on Monda...
04:34, 2019-08-13

Deutsche Bank's Investment-Banking Chief to Leave Deutsche Bank’s investment-banking chief, Garth Ritchie, has agreed to leave the embattled German lender, according to a person familiar with the mat...
15:51, 2019-07-05

Rabobank is the second major bank to cancel its cryptocurrency wallet After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any fur...
15:51, 2019-05-23

IMF's Christine Lagarde nominated for top job at European Central Bank The European Union Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the nex...
20:51, 2019-07-02

Bank of Montreal quarterly profit rises slightly Bank of Montreal reported a 1.3% rise in quarterly profit on Tuesday, as higher provisions for credit losses offset strength in its capital markets b...
12:17, 2019-08-27

UK digital bank Monzo takes first steps into U.S. market Fast-growing British digital bank Monzo is launching in the United States through a limited rollout of its app-based checking account and connected d...
19:00, 2019-06-13

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the...
18:51, 2019-06-15

Credit Suisse CEO dismisses European bank mergers as 'solution' Mergers are not the best way to help Europe's banks deal with negative interest rates, Credit Suisse Chief Executive Tidjane Thiam said in an intervi...
13:34, 2019-06-02

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve selling or transferring parts of its once-prized equities busin...
20:51, 2019-07-02

Bank Mergers Won't Lead To Job Loss, Nirmala Sitharaman Assures Union Finance Minister Nirmala Sitharaman today calmed fear of job loss following the merging of public sector banks, saying it would not lead to any...
15:17, 2019-09-01

Standard Bank shareholders vote down climate-risk resolution Standard Bank shareholders on Thursday voted down a resolution that would have required the South African lender to report climate risk in its activi...
16:17, 2019-05-30

US probes Deutsche Bank over dealings with Malaysia's 1MDB fund US authorities are investigating whether Deutsche Bank violated foreign-corruption or anti-money-laundering laws. The probe is the latest in a series...
13:17, 2019-07-11

Citigroup Reports Higher Earnings as Bank Results Kick Off Citigroup reported that profit increased 7% and beat analysts’ expectations as the New York lending giant benefited from favorable conditions in the ...
21:51, 2019-07-15

Israel vows to build 300 houses in West Bank after attack Israeli Prime Minister Benjamin Netanyahu said 300 new housing units will be built in Dolev after a terrorist attack killed a 17-year-old girl and wo...
01:00, 2019-08-27

Dubai's largest bank raises foreign ownership limit to 20% The bank also announced its intention to raise its foreign ownership limit to 40% in the future after seeking approvals from its shareholders and the...
10:00, 2019-09-02

Italian central bank chief takes populists to task MILAN (AP) — The head of Italy’s central bank has issued strong warnings against some of the populist government’s economic prescriptions...
14:51, 2019-05-31

UPDATE 1-Sweden to introduce bank tax to fund defence boost Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to help fund greater de...
10:17, 2019-09-01

Mega Bank Merger " A Big Bang Step", Says Uday Kotak The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a busines...
08:51, 2019-09-01

China's Central Bank Unveils New Mortgage Loan Policy China’s central bank adjusted interest-rate mechanisms Sunday for the second time this month, this time focused on mortgage loans, in what it said wa...
19:17, 2019-08-25

South Africa's rand falls as ANC squabbles over central bank South Africa’s rand fell early on Thursday to its lowest this year as a dispute within in the ruling African National Congress over the central bank ...
12:17, 2019-06-06

Court OKs expedited appeal in NY Trump bank records case NEW YORK (AP) — An appeals court says it will speedily consider President Donald Trump’s challenge to congressional subpoenas seeking financial...
18:51, 2019-05-31

Deutsche Bank, Capital One refuse to admit if they have Trump’s tax returns A lawyer for Deutsche Bank is refusing to say whether or not his institution has President Trump’s tax returns — despite repeated questio...
22:00, 2019-08-23

Lagarde defends European Central Bank stimulus at hearing The nominee to succeed Mario Draghi as head of the European Central Bank has defended the bank’s record low interest rates and extraordinary stimulus...
15:00, 2019-09-04

Senate Democrats seek Fed probe into Deutsche Bank and Trump A group of U.S. Senate Democrats is urging the Federal Reserve to investigate Deutsche Bank AG's relationship with President Donald Trump and his son...
21:17, 2019-06-06

Deutsche Bank looks to boost wealth management as part of reinvention With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and tak...
18:00, 2019-07-10

After PNB, Allahabad Bank Alleges Rs 1,700 Crore Fraud By Indebted Firm Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this m...
08:34, 2019-07-14

Bank Exchange Traded Fund To Be Launched By December: Report Government holding in several PSU banks continues to remain at very high levels. It is as high as 75 per cent in PNB and 65 per cent in Bank of Barod...
21:17, 2019-05-28

Fed's Powell Says Stress Tests Must Evolve to Avoid Bank Complacency Federal Reserve Chairman Jerome Powell said stress tests of the nation’s largest banks must adapt and keep firms on their toes, or the annual exam co...
15:51, 2019-07-09

European Central Bank sends Italy a warning over debt FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid risks to economic gro...
12:34, 2019-05-29

UPDATE 2-UK watchdog shakes up 'dysfunctional' bank overdraft market Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority (FCA) ...
12:01, 2019-06-07

Vietnam Seeks to Sell Stake in Military Commercial Bank Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank, a large local lender with a market capitalization ...
10:00, 2019-07-15

Bank of New York Mellon quietly canned five from bond team Bank of New York Mellon left this banker at the altar. The New York bank quietly cut five members of its bond sales team last month amid a broader sl...
01:17, 2019-06-05

German bank loses €1.5 million in mysterious cashout of EMV cards Brazilian criminal gang cloned Mastercard debit cards issued by German bank OLB and withdrew more than €1.5 million from about 2,000 of its customers...
13:51, 2019-09-03

India's central bank handed over billions to the government. Here's how they may spend it The Reserve Bank of India's decision to transfer $24.6 billion to the government is unlikely to spur new stimulus measures from New Delhi, exper...
09:00, 2019-08-28

From Deutsche Bank to Renault, Why National Champions Are Back in Vogue “National champions” are back in fashion, particularly in Europe. The term is code for government support for home-grown corporate powerhouses as a w...
17:51, 2019-06-07

Deutsche Bank fined over $16 million for violating US corruption laws Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated US corruption laws by hiring relatives of foreign government...
23:00, 2019-08-23

Sensex, Nifty Extend Losses; ICICI Bank, SBI Among Top Drags Sensex share price: The S&P BSE Sensex and NSE Nifty 50 Indexes came off intraday low levels as gains in bluechip stocks like Tata Consultancy Servic...
20:00, 2019-05-29

Transfer, play right away? Don't bank on it, NCAA cases show A string of recent high-profile transfers gave the college football world the impression it was getting easier for players to switch schools and comp...
14:51, 2019-05-29

Brazil inflation on a downward path - central bank president Inflation in Brazil, a country that once suffered from hyperinflation, is low and predictable, and appears to be heading lower, central bank presiden...
17:17, 2019-08-28

Flipkart, Axis Bank To Launch Co-Branded Credit Card Flipkart Axis credit card: The credit card offers best-in-class benefits and unlimited cashback on online and offline spends, Flipkart, Axis Bank, an...
08:51, 2019-07-12

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020 with possible testing...
22:17, 2019-07-14

U.S. House lawmakers ask regulators to scrutinize bank cloud providers Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to b...
15:51, 2019-08-23

Deutsche Bank says records sought by Democrats include tax returns Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG ...
00:51, 2019-08-28

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Ban...
13:17, 2019-08-27

TD Bank to pay combined C$10.1 mln to settle forex trading charges -regulator Toronto-Dominion Bank has agreed to pay a combined C$10.1 million ($7.6 million) to settle charges of foreign exchange trading malpractices brought a...
18:17, 2019-08-30

UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator Royal Bank of Canada and Toronto-Dominion Bank have agreed to pay a combined C$24.5 million ($18.5 million) to settle charges of foreign exchange tra...
18:17, 2019-08-30

British citizens born in US risk having UK bank accounts frozen Britons who left US as children being chased by their banks for a US tax ID they do not haveTens of thousands of British citizens born in the US but ...
00:34, 2019-08-26

Cops bust ‘Burberry Bandit’ for series of bank heists Manhattan’s “Burberry Bandit” was busted for a fresh string of bank heists, police said Monday. “Cornell Neilly, a serial bank-robber on parole...
20:17, 2019-07-15

Partial ECM exit to leave Deutsche Bank focused on Europe Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in th...
18:00, 2019-07-12

Former Fed official urges central bank not to ‘bail out’ Trump on the economy William C. Dudley, the former New York Fed chief, said “officials could state explicitly that the central bank won’t bail out an administration that ...
00:51, 2019-08-28

Venezuela's Central Bank Releases Data on Dire Economy Venezuela’s economy contracted 19.2% in the first nine months of 2018 from the year-earlier period, as private consumption fell sharply and inflation...
09:34, 2019-05-29

Bank of Canada holds rates at 1.75% with no hint about future moves Canada's central bank said the economic damage from the U.S.-China trade war is worse than expected but did not mention the possibility of a future r...
22:00, 2019-09-04

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
12:17, 2019-07-02

Netanyahu Keeps Plans on West Bank Annexation Close to His Chest A key question hanging over Benjamin Netanyahu’s re-election campaign is whether he will fulfil an apparent pledge to annex part of the occupie...
22:51, 2019-07-11

Bank of America Cardholders Get Free Museum Admission This Weekend Summer may be “over” now that the long Labor Day weekend has passed, but that doesn’t mean you have to hold off on fun weekend excursions until the s...
02:17, 2019-09-04

IMF's Lagarde Wins EU Support to Lead European Central Bank European leaders nominated International Monetary Fund Managing Director Christine Lagarde to become the next president of the European Central Bank....
14:34, 2019-07-03

Clydesdale & Yorkshire Bank shares hit record low as PPI claims soar The owner of the Clydesdale and Yorkshire Bank has seen its shares hit record lows after revealing a surge of PPI compensation claims prior to last m...
17:34, 2019-09-05