India wide Public Sector Bank Strike & LIC Employees’ two-hour Strike against LIC Amendment Bill.
Banking services are expected to be affected as employees of public sector banks across the India will go on a two-day nationwide strike on 6th & 7th August, 2009 to press for wage hikes and other issues.
There was a conference [...]
Morgan Stanley Reports Its Larger Than Expected Loss.
Morgan Stanley reports its third straight quarterly loss, as the brokerage firm struggles to bounce back from last fall’s market meltdown.
Morgan Stanley (MS, Fortune 500) lost $1.26 billion in the quarter ended last month, with a big amount of that loss due to a one-time expense attached to [...]
The Global Financial, Banking System Came To Complete Collapse, Says Bankers
In a series of interviews for The Deal magazine on the state of rivalry in the domestic banking business, the bosses of the big four banks have disclosed that how close the global economical system came to complete collapse.
All four say the world came [...]
MasterCard Inc., the second-biggest credit-card network, hired Ajay Pal Banga, the former chief executive officer of Citigroup Inc.’s Asia Pacific unit, as president and chief operating officer.
Ajay Pal Banga, 49, joins MasterCard on Aug. 31 and will report to Robert Selander, 58, who cedes the president’s title and continues as CEO, according to a statement [...]
Approx half of credit card and debit cards are inactive in India, possibly due to insufficient resources in bank accounts and a holding of more than one card, a study has said. A study by Edgar, Dunn & Company and India Cards Council has revealed that unlike in the United Kingdom and Australia where [...]
Have you been paying your telephone bills on time? Do you consistently forget the due date for your insurance premiums? You better watch it!
If you ever intend to apply for a loan in future all these aspects are going to count! These are a few of the spruced up elements planned to be implemented in [...]
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