New NPL Framework May Push Up Banks Credit Costs, Undermine Earnings: Fitch
‘However, stronger regulatory efforts coupled with bank recap could help support a recovery over medium term’ Read more
Banco Santander To Use Appians Platform In The Cloud For Enterprise Process Improvement
Spanish banking group Banco Santander has agreed to use Appian’s platform in the cloud for enterprise process improvem... Read more
Temenos To Acquire UK Financial Technology Firm Fidessa
Swiss banking software provider Temenos has agreed to acquire UK financial technology firm Fidessa in a cash deal valued... Read more
Texcent Gets Remittance License From Monetary Authority Singapore
Payments company Texcent Asia has received remittance license from the Monetary Authority Singapore (MAS). Read more
NMI To Acquire Payment Gateway Services Provider Creditcall
Payments enablement technology provider NMI has agreed to acquire Creditcall, a multichannel payment gateway and EMV sta... Read more
BankLabs Introduces +Pay To Automate Payments Streams For Construction Industry
BankLabs, a provider of mobile technology products for community banks, has launched +Pay, an automated payment stream b... Read more
Deutsche Bank Plans To Axe 250 Investment Banking Jobs
German banking and financial services firm Deutsche Bank is reportedly planning to cut up to 250 investment banking jobs... Read more
D.A. Davidson, MCF Corporate Finance Agree To Create Transatlantic Partnership
US-based full-service investment bank D.A. Davidson has partnered with MCF Corporate Finance, a European independent M&a... Read more
Passports Of Nirav Modi, Mehul Choksi Suspended In ₹11,300 Crore Bank Scam
CBI files FIR against Modi’s partner Mehul Choksi Read more
Nirav Modi Case: SBI Discloses $212-mn Exposure Through PNB
The country’s largest lender SBI today said it has an exposure of $212 million (about Rs 1,360 crore) in respect of ... Read more
Unpublished RBI Data Shows Fraud Problems Extend Far Beyond PNB
State-run banks reported 8,670 loan fraud cases worth $9.58 billion over last five fiscal years Read more
CBI Files Fresh FIR Against Gitanjali Gems, Choksi
Says alleged loss to PNB is over Rs 4,880 crore Read more
You May Notice A Bigger Net Paycheck In 2018
If you are like me, you probably wish you had just a little bit more in each paycheck. You tell yourself, if I only had ... Read more
PNB Fraud Case: ED Issues Summons To Nirav Modi, Choksi Under PMLA
Both have been asked to depose within a week’s time Read more
Indias PNB Identifies $1.7bn Worth Fraudulent Transactions
India-based Punjab National Bank (PNB) said it has identified deceitful transactions valued around $1.7bn at a single Mu... Read more