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SC ruled Aadhaar not must to open a/c, pay 50k for delay

by editorAugust 22, 2025August 22, 2025

Bombay high court has directed Yes Bank Ltd to pay Rs 50,000 in compensation to a private company for delay in opening its bank account … SC ruled Aadhaar not must to open a/c, pay 50k for delayRead more

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Bank of America Hope Conditions for American Workers Will Get Worse

by editorJune 17, 2025June 14, 2025

A Bank of America executive stated that “we hope” working Americans will lose leverage in the labor market in a recent private memo obtained by … Bank of America Hope Conditions for American Workers Will Get WorseRead more

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Wells Fargo employees pushing to organize union across bank’s workforce

by editorFebruary 10, 2025February 7, 2025

Workers at Wells Fargo, the third largest bank in the US, are pushing to organize a union across the bank’s workforce with Wells Fargo Workers … Wells Fargo employees pushing to organize union across bank’s workforceRead more

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Wells Fargo ordered to pay $3.7 billion for ‘illegal activity’

by editorNovember 27, 2024November 26, 2024

Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts. The … Wells Fargo ordered to pay $3.7 billion for ‘illegal activity’Read more

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Rs 10.57 Lakh Crore Bad Loans Written off by Banks in Past 5 Years

by editorOctober 29, 2024October 28, 2024

Bad loans or non-performing assts (NPAs) worth Rs 10.57 lakh crore were written off by the banking sector in the past five years. According to … Rs 10.57 Lakh Crore Bad Loans Written off by Banks in Past 5 YearsRead more

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First Republic Bank: The Second Largest Crash in History

by editorJune 13, 2024June 12, 2024

On International Workers’ Day, the First Republic Bank became the second largest bank to fail in US history. The USD 233 billion institution was seized … First Republic Bank: The Second Largest Crash in HistoryRead more

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A BRICS+ Bank: How would it really function?

by editorMay 23, 2024May 22, 2024

This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one … A BRICS+ Bank: How would it really function?Read more

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50% Rise in Money Parked by Indians in Swiss Banks in 2021

by editorMay 23, 2024May 22, 2024

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion … 50% Rise in Money Parked by Indians in Swiss Banks in 2021Read more

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The bailout of Silicon Valley Bank

by editorMay 2, 2024May 1, 2024

The collapse of Silicon Valley Bank (SVB)—the second largest bank failure in nominal terms in US history—and the ongoing turbulence in the banking system, raising … The bailout of Silicon Valley BankRead more

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How The Fed Could Stop The Climate Catastrophe

by editorApril 16, 2024April 13, 2024

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