The lawsuit was initially brought by a plaintiff identified as Jane Doe on behalf of other victims.
Browsing: Banking
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
US-based aerospace startup Sceye has raised $15 million from Japan’s SoftBank, SoftBank gains exclusive rights to use Sceye’s HAPS in Japan
Wolfspeed, a North Carolina manufacturer of semiconductors for electric vehicles, said it had struck a deal with creditors to reduce its near $6.5 billion debt by more than two-thirds as a part of a bankruptcy package
Thakker who began his Citi journey in 2007 set to oversee the bank’s corporate banking operations across nine key markets
The acquisition of Discover will make Capital One the eighth largest bank in the United States
Deutsche Bank named Raja Akram as its incoming chief financial officer, effective October 1. Akram will be succeeding James von Moltke as CFO after a transition period
DNA testing firm 23andMe has filed for bankruptcy protection and announced the resignation of its CEO and co-founder Anne Wojcicki on Sunday in a press release
Japanese investor SoftBank announced on Wednesday that it is planning to acquire semiconductor designer Ampere in a $6.5 billion all-cash deal.
“SoftBank has signed an agreement with Perplexity to be an authorized reseller of Perplexity Enterprise Pro and deploy their 7,000-member sales team to scale Perplexity’s adoption in Japan”
With a strong U.S. economy and favorable exchange rates, many Indian Americans find it beneficial to send larger sums back home, contributing to the steady rise in NRI deposits in Indian banks
Reportedly, Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail investors — filed for bankruptcy protection on Wednesday
Indian American founders Bhavin Turakhia and Ramki Gaddipati of banking software provider Zeta have raised $50 million in latest investment, valuing the startup at a thumping $2 billion
Indian American official was often at loggerheads with U.S. banking industry for limiting overdraft and credit card late fees
Morgan Stanley’s recent departure from the Net-Zero Banking Alliance (NZBA) marks yet another significant shift in the banking sector’s approach to climate initiatives
The Reserve Bank of India (RBI) has decided to allow prepaid payment instruments (PPIs) to make unified payments interface (UPI) transactions via third-party mobile
Local connection gives credit unions a unique advantage to lead with sustainability at their core, appealing to members who prioritize environmental issues.
From mitigation to adaptation, understanding the diverse financial tools and strategies essential for combating climate change and ensuring a sustainable future.
Kishore Kethineni admitted to fraudulently obtaining over $3.1 million in PPP loans with his two brothers