banking

U.S. Justice Department probing Visa over debit-card practices: source

(Reuters) - The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market,…

5 years ago

U.S. Fed to let bank leverage exemption expire this month, will review rule

WASHINGTON (Reuters) - Big U.S. banks will have to resume holding an extra layer of loss-absorbing capital against U.S. Treasuries…

5 years ago

Nokia sees pick up in margins as turnaround takes shape

HELSINKI (Reuters) – Telecoms equipment maker Nokia is forecasting a pick up in profit margins to 10-13% in 2023, as…

5 years ago

Roche buys GenMark for $1.8 million to challenge test rivals

ZURICH (Reuters) - Roche is filling a testing portfolio gap by buying U.S.-based GenMark Diagnostics in a $1.8 billion deal…

5 years ago

Banks boost European stocks as recovery hopes grow

(Reuters) - Shares of banks and automakers lifted European shares on Monday as investors continued to move into economy-linked sectors…

5 years ago

Mexico’s central bank says U.S. stimulus will lift economy, create market challenges

MEXICO CITY (Reuters) - U.S. President Joe Biden’s $1.9 trillion stimulus package will help boost Mexico’s economy and exports but…

5 years ago

First Digital goes live as Israel’s first new bank since 1978

JERUSALEM (Reuters) - First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a…

5 years ago

US STOCKS-Dow notches fifth straight record high

* Ulta Beauty slumps as revenue forecast disappoints * Benchmark 10-year bond yield hits one-year high * The Nasdaq and…

5 years ago

Changing Patterns of Banking and Spending Require New Skills From Professionals

Not so long ago, withdrawing a hundred rupees from the bank meant going to the branch, filling out the withdrawal…

5 years ago

Leading in a Time of Great Change

This is a difficult time for leaders, particularly, new or emerging leaders. It's difficult when you can't interact with your…

5 years ago