Tuesday, December 6, 2022
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Fill SC vacancies by December 31, address grievances by October 31, Finance ministry tells banks

[ad_1] The finance ministry has directed all public sector banks to fill vacant posts reserved for Scheduled Castes (SCs) by December 31 and address all grievances of SC consumers and employees through a special drive by October 31. The decision came at a meeting convened by finance minister Nirmala Sitharaman with

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Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know

[ad_1] The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government's fiscal policy announcements.Bloomberg | Bloomberg | Getty ImagesLONDON – The Bank of England launched a historic intervention to stabilize

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The IPO market went from ‘boom to bust’ in 2022. Here’s what’s driving the massive slowdown

[ad_1] From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022.Investors faced with high inflation and rising interest rates have ditched high-flying growth stocks and turned to safer, more profitable alternatives.The decline has been striking given the

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HSBC warns investors to avoid European stocks in the search for value

[ad_1] Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on November 05, 2020 in London, England.Dan Kitwood | Getty Images News | Getty

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Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

[ad_1] [The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.]The heads of seven of the biggest U.S. banks, including JPMorgan Chase CEO Jamie Dimon and Citigroup's Jane Fraser, are set to testify Thursday before

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Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress

[ad_1] [The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.]The CEOs of the biggest U.S. retail banks, including JPMorgan Chase's Jamie Dimon and Wells Fargo's Charlie Scharf, are set to testify before the Democrat-led

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HDFC Bank signs multi-year data and technology deal with Refinitiv

[ad_1] India's largest private sector lender HDFC Bank has signed a multi-year data and technology agreement with Refinitiv, a London Stock Exchange Group business, as the Mumbai-based lender looks to reach more customers and cut costs, the companies said in a statement on Wednesday. HDFC Bank will get comprehensive access to

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Banks head to Capitol Hill

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC's Leslie Picker reports on the bank CEOs testifying tomorrow on Capitol Hill. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Jeff Mills and Julie Biel. [ad_2] Source link

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CBI books PSL Group for cheating Canara Bank to tune of Rs 428.50 cr

[ad_1] The CBI has filed a case against PSL Group and its directors for allegedly cheating Canara Bank to the tune of Rs 428.50 crore by defaulting on credit repayments, officials said. The agency on Thursday conducted searches at seven locations in Mumbai and Kutch, Gujarat, resulting in the recovery

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