Covid may hit 40% of banks’ capital: Kotak
MUMBAI: Veteran banker Uday Kotak has said that around 40% of the banking sector’s capital base could get impacted ...
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Tag: Banks
What’s Different This Time Around? – Commercial Observer
As COVID-19 gathered momentum in the U.S., commercial real estate financing paused. Within the space of three weeks, the ...
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Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties
HONG KONG (Reuters) - Global wealth managers are examining whether their clients in Hong Kong have ties to the ...
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Racial Justice Protests Prompt People To Move Their Money Into Black Banks
Netflix announced it is moving $100 million in deposits into Black-owned financial institutions to help close the racial wealth ...
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Central Banks Cannot Print Jobs: Understanding Real Economic Recovery
A leading economist shares why crisis-time central bank policies are saving zombie companies while hurting small businesses and startups. ...
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Former SAP executives join Deutsche Bank’s new technology team
Deutsche Bank has hired two senior executives from SAP to help guide its global technology and innovation strategy. Dilip ...
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Banks set aside billions of dollars in expectation of massive losses as consumers
Rock-bottom interest rates and preparations for a spike in loan defaults are hitting big banks. From JPMorgan Chase, the ...
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Despite recession, JPMorgan Chase just posted record revenue — here’s how they did
Despite recession, JPMorgan Chase just posted record revenue — here's how they did itSEARCH QUOTES Read More: Despite ...
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Banks Stand To Lose $48B On CRE Loans
The largest U.S. banks might lose as much as $47.6B on commercial real estate loans over the next two ...
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WFH could ‘Uberise’ some bank jobs
MUMBAI: With banks adopting the work-from-home (WFH) model, there is a possibility that some jobs could go the Uber ...
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