NBS plans 600 job cuts following the Virgin Money merger as integration reshapes operations, eliminates overlapping roles.
Browsing: Banking
US credit card delinquencies hit their highest level since the 2008 crisis, signaling growing financial strain among consumers.
Indian banks are offering higher NRI deposit rates after RBI incentives, seeking billions in fresh dollar inflows to support the rupee.
CD rates are reaching up to 4.00% APY on June 9, with major banks offering competitive terms, flexible deposit requirements
Bank of America plans to hire nearly 4,000 intern and graduates while increasing employee exposure to AI tools.
Standard Chartered plans over 7,000 job cuts worldwide as the bank accelerates artificial intelligence adoption and automation initiatives.
The central bank explores alternatives to rigid individual holding caps following strong pushback from the cryptocurrency industry.
Indian American economist lauded for pivotal role in enhancing debt transparency, sustainability, and restructuring for low- and middle-income countries.
Indian-educated veteran to steer EY’s multi-billion dollar financial services sector across the Americas.
More than 37,000 employees were affected by layoffs in the first 10 days of May 2026 as tech, finance, media, and travel companies cut jobs.
A lawsuit filed by Nepali American former banker Chirayu Rana against JPMorgan Chase and executive Lorna Hajdini has intensified scrutiny…
India announces record $20.5 billion US investment at SelectUSA 2026, boosting AI, pharma, manufacturing, jobs, and bilateral economic ties.
JPMorgan reportedly offered a $1 million settlement before sexual assault allegations by a former banker went viral online.
Viswas Raghavan, the Indian American head of banking at Citigroup, is facing new scrutiny after an investigation
State Bank of Texas owned and operated by Chan Patel and his two sons is the largest Indian American-owned bank in the U.S. In addition to the bank, the family also maintains its hospitality focus through ownership in several hotels across New York City and Dallas
Customers Bank has signed a multiyear partnership with OpenAI, with engineers set to be embedded at the bank to help automate lending and onboarding
The bank said that net income rose 17% to $8.6 billion, or $1.11 per share, marking Bank of America’s highest EPS in nearly two decades.
The lawsuit was initially brought by a plaintiff identified as Jane Doe on behalf of other victims.
HSBC plans to cut-off 10% of its total workforce in the coming years. The global banking giant employed 208,720 full-time employees
Indian American banker Kedia became the first woman chief executive of the leading superregional bank last year.
The parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday
Banks and financial services stocks slid Monday after US Trump called for a one-year cap on credit card interest rates at 10%.
RBI plans to add about $32 billion of liquidity to the banking system over the next month to ensure enough cash is available
Blackstone will invest $705 million for a 9.9% stake in India’s Federal Bank, becoming its largest shareholder, pending regulatory and shareholder approvals.
The H1B visa is now sought by other fields more than tech. Major banks and telecom firms have emerged as top recruiters of new H-1B visa workers in recent years