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Small Swiss Bank Gambles, and Wins, by Charging for Deposits

Alternative Bank Schweiz posted a jump in 2016 profit, suggesting its gamble to become the first Swiss bank to pass on negative rates to all its customers paid off in an era of negative central bank interest rates......»»

Category: smallbizSource: wsjMar 20th, 2017

Paytm gets RBI approval for payments bank

Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.....»»

Category: topSource: business-standardJan 3rd, 2017

Demonetisation: Jewellers start cancelling gold import orders as I-T scrutiny looms

Small jewellers converting old notes into precious metals have cancelled orders after govt announced it would monitor bank deposits.....»»

Category: topSource: business-standardNov 17th, 2016

Demonetisation: Bullion traders start cancelling gold import orders as I-T scrutiny looms

Small jewellers converting old notes into precious metals have cancelled orders after govt announced it would monitor bank deposits.....»»

Category: topSource: business-standardNov 17th, 2016

Small towns lead in old note deposits to banks

Kolkata-based UCO Bank received Rs 2,500 crore as cash deposits. Of this, Rs 1,300 crore came from rural and semi-urban areas.....»»

Category: topSource: business-standardNov 12th, 2016

Swiss Attorney General Expands Probe of Malaysia"s 1MDB Fund

Switzerland’s Office of the Attorney General has expanded its scrutiny of Malaysian fund 1MDB by opening a criminal probe of a small Swiss lender, Falcon Private Bank......»»

Category: asiaSource: wsjOct 13th, 2016

Secret Swiss Military Bunkers Being Filled With Gold By Billionaires Seeking "Alternatives To Bank Deposits"

For decades, Switzerland had a reputation for bank secrecy that made it the most sought after tax haven for billionaires from around the globe.  But, after more than 80 years of secrecy, a series of bilateral agreements with countries around the worl.....»»

Category: blogSource: zerohedgeSep 30th, 2016

Will This Small Bank See Texas-Sized Gains?

Plano-based Legacy Texas Financial Group is delivering double-digit loan growth and trades for less than peers......»»

Category: topSource: barronsMar 24th, 2017

Credit Suisse Shares Tumble On Report It May Sell $3 Billion In Stock

First Deutsche Bank, now Credit Suisse: according to Bloomberg, the second largest Swiss bank, is also preparing to take advantage of euphoric markets and is consider.....»»

Category: blogSource: zerohedgeMar 23rd, 2017

Morgan Stanley downgrades HDFC Bank, Axis Bank and ICICI Bank

The brokerage shifts focus to small lenders with niche operations and good asset quality.....»»

Category: topSource: business-standardMar 23rd, 2017

UBS Group AG (UBS) to Stand Trial for Tax Evasion in France

Swiss bank, UBS Group AG (UBS), and its French unit will be facing a trial in France against allegations that the bank helped its clients in that country to evade taxes. Notably, a f.....»»

Category: topSource: zacksMar 21st, 2017

Morning Movers: General Mills Sinks, Deutsche Bank Tumbles, Wynn Wins

Stocks look set for a higher open following yesterday’s slight decline. Pixabay S&P 500 futures have risen .....»»

Category: blogSource: barronsMar 21st, 2017

RCap to sell non-core biz

Anmol Ambani said there has been a huge surge in bank deposits, mutual inflows due to demonetisation.....»»

Category: topSource: business-standardMar 17th, 2017

Direct deposits go missing at Citizens Bank; company working on problem - cleveland.com

cleveland.comDirect deposits go missing at Citizens Bank; company working on problemcleveland.comBruce Van Saun, center, CEO of Citizens Bank, helped unveil new signage an.....»»

Category: topSource: googlenewsMar 17th, 2017

Global Economy Week Ahead: Fed, G-20 Finance and Swiss National Bank Meetings

The Federal Reserve’s two-day meeting will highlight the week, while Group of 20 finance ministers and the Swiss National Bank also will gather and economic data from China and the U.S. round out the week......»»

Category: smallbizSource: wsjMar 12th, 2017

UBS cuts bonuses after missing out on trading boom

Swiss bank trims chief executive Sergio Ermotti’s compensation to SFr13.7m.....»»

Category: topSource: ftMar 10th, 2017

Statue of small girl appears in front of famous Wall Street bull

On Tuesday, a Wall Street firm has put up a statue of a girl in front of Lower Manhattan's well known bronze charging bull, to 'fearlessly stare it .....»»

Category: topSource: usatodayMar 8th, 2017

I-T notices to 4,000 firms over unusual cash deposits

Tax officials detect surge in these bank accounts to tune Rs 1.2 lakh crore during demonetisation.....»»

Category: topSource: business-standardMar 7th, 2017

Pi Ventures secures $13 million for its $30 million AI-focused fund

Among the backers of Pi Ventures is the Small Industries Development Bank of India (SIDBI).....»»

Category: topSource: business-standardMar 7th, 2017

5 Tips to Improve Your Odds of Getting a Small Business Loan

You aren't going to walk into your local bank, fill out a loan application and get approved on the spot. So, start yours right away. As in today......»»

Category: topSource: moneycentralMar 6th, 2017

National small business program launched in Memphis, Boston, Chicago

Calling Memphis small businesses. FedEx and Regions Bank, in conjunction with Memphis civic and business leaders, gathered Thursday, March 2, to kick off the 2017 Inner City Capital Connections (ICCC) program. ICCC, which was created by the Initi.....»»

Category: topSource: bizjournalsMar 3rd, 2017