The Bank of New York Mellon Corporation has said it will slash 1,800 jobs, which accounts for nearly four per cent of the firm's global workforce. "The investment management bank will reduce its......
Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year’s prize in economics. A look at the possible winners. Colin......
Asserting that foreign funds are very bullish on investment opportunities in India, a senior government official said on Friday the country was a profitable place to do business and would soon......
The US Federal government has directed the country's 10 leading banks to boost their capital by $75 billion, following the rigorous stress tests. The much-awaited results of the stress tests on the......
Citigroup is acquiring the direct custody, fund services and securities clearing business of ABN Amro in select European and Asian markets, including India, for an undisclosed sum.The acquisition......