Avengers star Chris Evans tells six-year-old boy who saved his sister from dog attack and ended up with 90 stitches that he’s sending him a Captain America shield because ‘we need more people like you’

‘I’m gonna track down your address and I’m gonna send you an authentic Captain America shield, because pal, you deserve it,’ Evans continued. ‘Keep being the man you are, we need people like you. Hang in there, I know recovery might be tough. But, based on what I’ve seen, there’s not much that could slow […]

Forcing Americans to Save Money

Between 1929 and 1986, the bottom 90 percent saw its wealth grow at real annual rate of 3 percent, compared with 0.3 percent for the top percentile, according to new research released last month. Since the 1980s, the story has flipped. Wealth is growing at an extraordinary pace for the rich—3.9 percent over the last […]

Cash pilgrims and bricks of money: HSBC Swiss bank operated like cash machine for rich clients

Despite its self-protective caution, HSBC does however appear to have tipped its customers off to behaviour that might alert the taxman. In another case, a banker said two clients “asked about taking cash into the UK. I told them that the ‘limit’ was £10,000 – information obtained from HSBC Compliance in London who had spoken […]

CBI takes up investigation into ₹45-cr. fraud at Indian Bank

Going by the First Information Report, for the first time the bank participated in the open tender floated by the Chennai Port Trust for term deposits and succeeded in the bid. This was communicated to the Koyambedu branch, following which term deposit accounts were opened on March 7.

Latam calls grow louder to delay regional bank vote, in setback for Trump pick

BUENOS AIRES/MEXICO CITY (Reuters) – Support grew in Latin America on Friday for a move to delay the election of a new president for the region’s leading development finance lender, a potential setback for U.S. President Donald Trump’s divisive pick to lead the institution.

UPDATE 1-Banco do Brasil’s CEO bank in talks with Bradesco to split card assets

Novaes, speaking on a call to discuss second-quarter results, said the bank has hired a consultancy firm to help in the discussions, but both Bradesco and Banco do Brasil have faced some challenges with the payments companies’ valuation.

Banks, Brazil’s stock exchange to skip Sao Paulo early holidays

SAO PAULO (Reuters) – Brazilian banks followed stock exchange operator B3 SA (B3SA3.SA) on Tuesday and announced they will keep normal hours this week despite plans by Sao Paulo city and state officials to declare an extended holiday to get workers to stay home and curb the spread of the novel coronavirus.

USSD: Banks owe telcos N17bn, says Danbatta

Speaking on behalf of the telcos, Chairman of Association of Licensed Telecom operators in Nigeria, ALTON, Engr Gbenga Adebayo, said while the telcos see the reviewed determination on Unstructured Supplementary Service Data, USSD, pricing as a welcome development, it would also be pertinent for all stakeholders to impress it on the banks, the responsibility to […]

We’re facing the worst recession in a century: Bank of England reveals gloomy forecast (but it’s 200 years better than first feared)

He said: ‘We have achieved a colossal race against time to produce billions of items of PPE, sourcing them from abroad but now increasingly making them here in the UK as well, and stockpiling them now in case we have a second wave in the autumn and the winter.’

Banks sanction around 44% of targeted Rs 3 lakh crore in liquidity support to MSMEs: CARE Ratings

The report noted that as on July 23, public and private sectors banks had sanctioned Rs 1,30,492 crore (in 38.19 lakh accounts) and disbursed Rs 82,065 crore (in 20.16 lakh accounts) to MSMEs under the ECLGS scheme. The cumulative sanctions by banks total around 44 percent of the targeted Rs 3 lakh crore.