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Language : EnglishLanguage : EnglishLanguage : English28/02/2022 | Non-Farm Payroll ,
Today’s News India’s central bank has taken stringent action against Kotak Mahindra Bank, prohibiting the institution from issuing credit cards and onboarding new digital and mobile banking customers. This move signals a significant escalation in regulatory enforcement within India’s consumer finance sector. The Reserve Bank of India (RBI) cited “serious deficiencies” in IT risk management […]
2024-4-25 | Industry Dynamics
Today’s News JPMorgan Chase CEO, Jamie Dimon, exudes confidence in the thriving U.S. economy, citing robust employment and healthy consumer finances. Speaking at an Economic Club of New York event, Dimon describes the current economic boom as “unbelievable,” remarking, “Even if we go into recession, the consumer’s still in good shape.” Despite this optimism, Dimon cautions against […]
2024-4-24 | Industry Dynamics
Today’s News Goldman Sachs has recently transferred its top investment banker for European financial companies from London to Paris as part of its ongoing post-Brexit reorganization efforts. Dirk Lievens, head of Goldman’s financial institutions group for Europe, the Middle East, and Africa, relocated to Paris last month to better serve the bank’s continental European […]
2024-4-23 | Industry Dynamics
