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Latest News for: Banking wholesale
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US-China tensions weigh on European stocks
Yahoo Daily News 07 Aug 2020
Asian stock markets fell and Jim Reid, a senior strategist at Deutsche Bank, pointed to Donald Trump’s TikTok ban as one of the reasons for the sell-off ... “In the US, attention will be on July’s nonfarm payrolls and the unemployment rate as well as final June wholesale inventories and consumer credit,” wrote Deutsche Bank’s Reid....
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Extending UK furlough would trap people in false hope, finance minister says
Metro USA 07 Aug 2020
Sunak has said there is no question of a wholesale extension of the programme and he was backed up by Bank of England Governor Andrew Bailey on Thursday ... Bailey said on Thursday that the central bank’s projection for an unemployment rate of 7.5% this year was a “very ......
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Moneycontrol
07 Aug 2020
In pics | Angel Broking bets on these 11 stocks with double-digit return
Moneycontrol
07 Aug 2020
On August 6, the benchmark indices ended with nearly 1 percent gain after Reserve Bank of India (RBI) kept the repo rate unchanged at 4 percent ... ICICI Bank ... ICICI Bank is clearly better positioned in the liability side (in Q1FY21, Deposit grew 21 percent yoy and CASA ratio of 42.5 percent) ... IDFC First Bank ....
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Steep rise in Thai mergers and acquisitions as firms fight off coronavirus crisis
The Philadelphia Inquirer 06 Aug 2020
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Omaha World-Herald
06 Aug 2020
ING posts 2Q2020 net result of €299 million
Omaha World-Herald
06 Aug 2020
Fee income from brokerage services in our German retail operation was higher, and in Wholesale Banking income was up due to increased client demand for Financial Markets services ... ING Bank’s more than 55,000 employees offer retail and wholesale banking services to customers in over 40 countries ... and/ or ING Bank N.V....
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Canara Bank’s Q1 profit rises 23% at ₹406 crore
Business Line 05 Aug 2020
The bank’s total income was also higher by 47 per cent at ₹20,685.91 crore (₹14,062.39 crore) ... During the quarter, treasury operations fetched ₹5,622.98 crore (₹3,242.91 crore), retail banking operations got ₹7,851.21 crore (₹4,981.94 crore) and wholesale banking operations fetched ₹7,211.72 crore (₹5,576.17 crore)....
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Banks could be a contra play for next six months to one year: Mukul Kochhar
The Times of India 04 Aug 2020
Banking is a space where valuations are attractive and that is where we are asking people to lay their bets if they have a six months to a year’s perspective. If I look at the market today, banking is roughly 35% of the index and that is down 35% ... IndusInd Bank has recognised roughly 3% to 4% of their wholesale book right now which is not sufficient....
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Meet Sashidhar Jagdishan, the banker who succeeds Aditya Puri at HDFC Bank
Live Mint 04 Aug 2020
HDFC Bank has received approval for Sashidhar Jagdishan to become the next chief of India’s largest private-sector lender ... Kaizad Bharucha, head of HDFC's wholesale> banking division, and Sunil Garg, of Citibank, were among the other candidates in race for the post ... Things to know about HDFC Bank's new CEO....
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India’s HDFC Bank anoints new CEO
Asiatimes 04 Aug 2020
As part of the selection process, the bank had shortlisted two internal candidates, Jagdishan and Kaizad Bharucha, head of HDFC’s wholesale> banking division, and one external candidate, Sunil Garg, from Citibank. In the last annual general meeting, Puri had dropped a hint that his successor would be an insider with a good understanding of the bank....
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HDFC Bank gets new chief
The Telegraph India 04 Aug 2020
Sashidhar Jagdishan has been named the successor to Aditya Puri at HDFC Bank ... Investors gave a thumbs up to the announcement with the HDFC Bank share settling with gains of 3.94 per cent, or Rs 39.45, at Rs 1041.40. Jagdishan, popularly called Sashi, pipped colleague Kaizad Bharucha who heads the wholesale banking business at HDFC Bank....
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