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Big California bank fails, has China branches
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Reuters
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Sat 07 Nov, 12:10 PM
WASHINGTON (Reuters) - United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both...
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Financial firms grab largest pie from IIM-A talent pool
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Indian Express
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Sat 07 Nov, 03:15 AM
At the end of the summer placement process for 2009-11 batch, the country s premier management Indian Institute of management -Ahmedabad (IIM-A) saw finance companies taking the largest pie of the talent pool. Unlike last year, when the economy was...
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'International banking is going to be a very clear focus for us'
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Indian Express
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Sat 07 Nov, 02:16 AM
K R Kamath, who recently took over as chairman and managing director of state-owned Punjab National Bank (PNB), says that international banking will be a very clear focus for the bank. Before joining PNB, he was the chairman and managing director of...
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Banking Notes
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Indian Express
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Fri 06 Nov, 03:18 AM
PNB slashes interest rates on term deposits by 25-50 bps In view of surplus liquidity, state-run Punjab National Bank will reduce interest rates on fixed deposits by 25-50 basis points for select categories from November 9. The revised rates would...
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JPMorgan hires Deutsche banker for India private banking
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Reuters
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Thu 05 Nov, 03:40 PM
SINGAPORE (Reuters) - JPMorgan's private bank said on Thursday that it had hired Deutsche's Vinay Gandhi as head of its global India business, serving ultra high net worth Indian clients around the world from...
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INTERVIEW - BofA's consumer bank chief eyes CEO job
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Reuters
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Thu 05 Nov, 12:20 PM
LOS ANGELES (Reuters) - Bank of America's consumer banking chief, tipped to be a leading candidate to replace outgoing chief executive Kenneth Lewis, said he is keen to step into the top job but will stay on if he misses out, addressing one of Wall...
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