by AIP Online Bureau | Dec 27, 2019 | Eco/Invest/Demography, International News
London: Boris Johnson’s triumphant U.K. election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will test its cohesion like never...
by AIP Online Bureau | Dec 27, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Mumbai: Frauds reported by banks during the first half of the current fiscal touched an all-time high amount of ₹1.13 lakh crore, owing to delay in detection by lenders, according to an RBI report. This involved 4,412 fraud cases of ₹1 lakh and above, as...
by AIP Online Bureau | Dec 27, 2019 | Eco/Invest/Demography, International News, Risk Management
World stocks scaled record highs on Friday and oil prices stayed buoyant in a holiday-shortened week, as optimism grew that a US-China trade deal would soon be signed. Traders returned from their Christmas and Boxing Day break to digest comments from...
by AIP Online Bureau | Dec 27, 2019 | Eco/Invest/Demography, Indian News, Risk Management
Amidst rising macroeconomic worries best reflected in the falling growth numbers across the spectrum, Reserve Bank Governor Shaktikanta Das has flagged corporate governance concerns across India Inc, including banks, to lift the efficiency of the economy to its full...
by AIP Online Bureau | Dec 27, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Risk Management
Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology. This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the...
