Bank of America to cut up to 35,000 jobs

Bank of America Corporation will cut as many as 35,000 jobs over the next three years amid weak economic situation and following the completion of its merger with Merrill Lynch. "Bank of America......

Best website slot? Citi pips Bank of America

Citibank.com, the banking website of Vikram Pandit-ledCitigroup, has replaced Bank of America as the best website in the industry, as per a bi-annual scorecard of top banking websites. Citibank has......

Bank of America plans BPO centre in Mumbai

Bank of America is setting up its second outsourcing centre in India to undertake market research for its global capital markets and investment banking divisions. The centre, which is coming up at......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

Questions arise about banks' role in FIFA bribery case

A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing......

FIFA scandal: Banks did not do enough, says global agency

Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......