The Indian-born Anshu Jain had pushed Deutsche to remain Europe's ‘last man standing’ in investment banking. Image: After 2 decades, Anshu Jain quits Deutsche Bank. Photograph: Lisi Niesner/Reuters Anshu Jain spent 20 years building Deutsche Bank into a global investment bank that rivalled Wall Street's giants. But once ensconced as co-chief executive in 2012 - a time when regulators and voters raged against the financial industry - he struggled to ... Rediff.com, 3 weeks ago
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ICICI Bank CEO Chanda Kochhar and Microsoft CEO Satya Nadella have found a place in Time magazine’s ‘The 100 Most Influential People’ in the world. Image: Chanda Kochchar among most influential people. Photograph: Ruben Sprich/Reuters Praising the leadership qualities of Kochhar, her friend and Deutsche Bank co-CEO Anshu Jain has said he is yet to find anything she can’t do. Chanda Kochhar, who has been at the helm of ICICI Bank since 2009, is among the ...Rediff.com, 2 months ago
Bank of Baroda has relatively better position on impaired assets, diversified loan book and cheaper valuations. Public sector banks (PSBs) have been a strict no-no for investors, due to impaired assets and weak capital structures. However, can investors ignore 70 per cent of the banking system? Even if one excludes cash-starved weak banks, there are three large state-owned banks they cannot ignore - State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB). The three ...Rediff.com, 2 months ago
BoI recovers N2. 9bn from debtor customers in 2014 Vanguard (Today) - THE Bank of Industry, BoI, recovered a total of N2.9 billion bad debts from its customers in the SMEs and large enterprises sector of the economy in 2014. The bank... ...NigerianHerald.com, 1 month ago
Share reconstruction not on card now, says Fidelity Bank New Telegraph online (Today) - Targets 10% loan growth Fidelity Bank Plc has said that no immediate plans by the bank to undertake any form of share reconstruction. The Managing director of ...NigerianHerald.com, 1 month ago
Customers of DKM Diamond Microfinance to receive funds after audit ModernGhana (Today) - Clients of DKM Diamond Microfinance in Sunyani whose investments have matured would have to wait until the Bank of Ghana concludes its audit into the ...9ija News.com, 1 month ago
Can 1MDB repay jittery banks their USD975m, asks Pua FreeMalaysiaToday (Today) - The DAP MP says 1MDB chief is refusing to answer the question by citing banking confidentiality instead.... Deutsche Bank query points to 1MDB's loan shark dealings ...9ija News.com, 1 month ago
Companies anticipate the weaker rupee will help support external demand over the coming months, says MNI India Business Sentiment Indicator The Reserve Bank of India lowering the policy interest rate by 0.25 percentage points this month has boosted business sentiment, according to the MNI Indicator. The MNI India Business Sentiment Indicator, a gauge of sentiment among listed companies, rose to 67.1 in June from 62.3 in May. A score above 50 shows companies are optimistic about expansion.Rediff.com, 1 week ago
Massive Attendance As AFRIMA Holds Conference In Uganda ModernGhana (Today) - It was massive turnout of the biggest names in Uganda rsquo;s music industry when the All Africa Music Awards, AFRIMA, hosted the 2015 AFRIMA Uganda Stakeholders rsquo; ...NigerianHerald.com, 1 month ago
Fatal assault on student: Kelantan tightening discipline FreeMalaysiaToday (Today) - State government wants probe into student who died after being assaulted in a college hostel.... Family of Missing CEO Says She Died in Amtrak Crash Family of ...9ija News.com, 1 month ago
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