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Meera Sanyal, Top Banker-Turned-AAP Leader, Dies After Battling Cancer
Meera Sanyal, eminent banker who later entered politics and joined the Aam Aadmi Party,passed away at her residence on Friday evening. She was 57, the party said.
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RBS To Move Jobs To India, May Cut 443 Jobs In UK
The bank was rescued with a 46 billion pound ($58.48 billion) state bailout during the 2007-09 financial crisis.
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UK's RBS To Cut Over 400 Jobs, Move Many Of Them To India
The UK's largest government-owned bank said it was moving the jobs out of UK
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British Bank RBS To Cut 334 Jobs, Offshore More Jobs To India
One of the world's oldest banks, Royal Bank of Scotland plans to offshore more jobs to India
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UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
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RBS Posts Ninth Straight Annual Loss On 'Sins Of The Past'
RBS, which has not made an annual profit since 2007, booked 6.96 billion pounds ($8.74 billion) of losses for 2016, against a 1.98 billion pound loss in the same period a year earlier.
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RBI Slaps Fine On 5 Foreign Banks For Forex Rule Violation
The Reserve Bank imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.
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Royal Bank Of Scotland Fails Stress Test: Bank of England
The BoE, revealing its latest stress tests on Britain'stop seven banks, added that two - Barclays and StandardChartered - also missed key hurdles but had taken steps tostrengthen their capital positions.
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RBS To Pay $1.1 Billion To Resolve Some Of Its US Mortgage Claims
The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before the 2008 financial crisis.
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RBS Starts Winding Down Shipping Business
The Royal Bank of Scotland has begun winding down its global shipping finance business, it said on Tuesday, ending efforts to sell it amid a worsening downturn across the freight industry.
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What Vishal Sikka Said About Reports Of Layoffs At Infosys
Infosys CEO Vishal Sikka on Friday told analysts that the Bengaluru-based IT company is not laying off employees. His comments come at a time when there has been intense speculation about pink slips at Infosys, following Royal Bank of Scotland's decision to cancel a project for which the IT major was a key technology partner.
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Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
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Sensex Falls As Infosys Drags IT Firms Lower
Indian shares fell on Tuesday as software services exporters declined after Infosys said Royal Bank of Scotland had cancelled a contract, sparking renewed concerns about the outlook for the sector.
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Infosys Loses RBS Deal, 3,000 Jobs To Get Affected, Shares Fall
Infosys shares slumped over 3 per cent on Tuesday, following Royal Bank of Scotland's decision to cancel a project to set up a separate bank in the United Kingdom. RBS announced last week that it will not pursue its plan to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Infosys was a key technology partner.
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Royal Bank Of Scotland Indian Job Relocations Ultimate Betrayal: Trade Union
British employee union Unite has criticised proposals by state-backed lender Royal Bank of Scotland to relocate another 66 jobs from Britain to India, a plan it described as the ultimate betrayal of the bank's workforce.
-
Meera Sanyal, Top Banker-Turned-AAP Leader, Dies After Battling Cancer
Meera Sanyal, eminent banker who later entered politics and joined the Aam Aadmi Party,passed away at her residence on Friday evening. She was 57, the party said.
-
RBS To Move Jobs To India, May Cut 443 Jobs In UK
The bank was rescued with a 46 billion pound ($58.48 billion) state bailout during the 2007-09 financial crisis.
-
UK's RBS To Cut Over 400 Jobs, Move Many Of Them To India
The UK's largest government-owned bank said it was moving the jobs out of UK
-
British Bank RBS To Cut 334 Jobs, Offshore More Jobs To India
One of the world's oldest banks, Royal Bank of Scotland plans to offshore more jobs to India
-
UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
-
RBS Posts Ninth Straight Annual Loss On 'Sins Of The Past'
RBS, which has not made an annual profit since 2007, booked 6.96 billion pounds ($8.74 billion) of losses for 2016, against a 1.98 billion pound loss in the same period a year earlier.
-
RBI Slaps Fine On 5 Foreign Banks For Forex Rule Violation
The Reserve Bank imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.
-
Royal Bank Of Scotland Fails Stress Test: Bank of England
The BoE, revealing its latest stress tests on Britain'stop seven banks, added that two - Barclays and StandardChartered - also missed key hurdles but had taken steps tostrengthen their capital positions.
-
RBS To Pay $1.1 Billion To Resolve Some Of Its US Mortgage Claims
The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before the 2008 financial crisis.
-
RBS Starts Winding Down Shipping Business
The Royal Bank of Scotland has begun winding down its global shipping finance business, it said on Tuesday, ending efforts to sell it amid a worsening downturn across the freight industry.
-
What Vishal Sikka Said About Reports Of Layoffs At Infosys
Infosys CEO Vishal Sikka on Friday told analysts that the Bengaluru-based IT company is not laying off employees. His comments come at a time when there has been intense speculation about pink slips at Infosys, following Royal Bank of Scotland's decision to cancel a project for which the IT major was a key technology partner.
-
Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
-
Sensex Falls As Infosys Drags IT Firms Lower
Indian shares fell on Tuesday as software services exporters declined after Infosys said Royal Bank of Scotland had cancelled a contract, sparking renewed concerns about the outlook for the sector.
-
Infosys Loses RBS Deal, 3,000 Jobs To Get Affected, Shares Fall
Infosys shares slumped over 3 per cent on Tuesday, following Royal Bank of Scotland's decision to cancel a project to set up a separate bank in the United Kingdom. RBS announced last week that it will not pursue its plan to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Infosys was a key technology partner.
-
Royal Bank Of Scotland Indian Job Relocations Ultimate Betrayal: Trade Union
British employee union Unite has criticised proposals by state-backed lender Royal Bank of Scotland to relocate another 66 jobs from Britain to India, a plan it described as the ultimate betrayal of the bank's workforce.
