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Govt says PNB fraud points to 'supervisory failure' at RBI: report
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Monday, 19 February 2018
Govt says PNB fraud points to 'supervisory failure' at RBI: report
The government action comes as police briefly locked down the PNB branch in south Mumbai that was at the heart of the scam and continued searches today to gather evidence. (Photo: File) New Delhi/Mumbai: The centre has said the Rs 11,300 crore fraud at state-run Punjab National Bank was a....Read Full Article ...
 
Deutsche Bank is said to cut at least 250 investment bank jobs
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Monday, 19 February 2018
Deutsche Bank is said to cut at least 250 investment bank jobs
Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expense...
 
After PNB fraud, banks’ market capitalisation back to pre-fund infusion level Feb 19, 2018 23:57 IST
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Monday, 19 February 2018
After PNB fraud, banks’ market capitalisation back to pre-fund infusion level Feb 19, 2018 23:57 IST
Investors in these banks have lost a notional wealth of Rs 1.2 lakh crore from the November high. “The real problem here is that the stress has not come down f...
 
CBI arrests three more bank officials in PNB fraud case
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Monday, 19 February 2018
CBI arrests three more bank officials in PNB fraud case
The CBI on Monday arrested three more officials of the Punjab National Bank (PNB) in connection with its probe into the alleged Rs 11,400-crore fraud case invo...
 
Spanish finance minister backed for leading ECB job Source: AP
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Monday, 19 February 2018
Spanish finance minister backed for leading ECB job Source: AP
BRUSSELS (AP) - Finance ministers from the 19-country eurozone on Monday endorsed Spain's Luis de Guindos for the coveted post of European Central Bank vice pr...
 
India bank hack ‘similar’ to $81m Bangladesh central bank heist
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Monday, 19 February 2018
India bank hack ‘similar’ to $81m Bangladesh central bank heist
NEW DELHI: Hackers who tried to steal nearly $2 million from India’s City Union Bank this month used tactics similar to those employed in the unsolved cyber he...
 
Latvian finance hit by alleged bribe-taking, money laundering
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Monday, 19 February 2018
Latvian finance hit by alleged bribe-taking, money laundering
While the Baltic eurozone member's government held an emergency meeting Monday to address governor Ilmars Rimsevics's weekend arrest, the European Central Bank...
 
Spanish finance minister backed for leading ECB job
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Monday, 19 February 2018
Spanish finance minister backed for leading ECB job
BRUSSELS (AP) — Finance ministers from the 19-country eurozone on Monday endorsed Spain's Luis de Guindos for the coveted post of European Central Bank vice pr...
 
Spanish finance minister backed for leading ECB job
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Monday, 19 February 2018
Spanish finance minister backed for leading ECB job
BRUSSELS (AP) — Finance ministers from the 19-country eurozone on Monday endorsed Spain's Luis de Guindos for the coveted post of European Central Bank vice pr...
 
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Crisis watch

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