SBI’s upcoming Frisco branch sparks online backlash over remittances, immigration concerns, and international money transfer services.
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Bank of America leads the latest U.S. consumer bank rankings, while Wells Fargo finishes last based on customer reviews and complaints.
BlackRock beat second-quarter earnings estimates as assets under management climbed to a record $15.34 trillion.
JPMorgan Chase reported record second-quarter profit as investment banking fees and trading revenue surged.
JPMorgan Chase, Goldman Sachs, Bank of America and other major U.S. banks kick off earnings
NBS plans 600 job cuts following the Virgin Money merger as integration reshapes operations, eliminates overlapping roles.
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.