Exclusive: Bank of America hiring bankers for new middle-market push – sources

the Bank of America building is shown in Los Angeles, California October 29, 2014. Reuters/Mike Blake Bank of America Corp is hiring a new team of investment bankers who cater to midsized companies, four years after dismantling a similar business, three people familiar with the matter told Reuters. The precise number of middle-market bankers More...

by subhadip | Published 1 year ago
By subhadip On Friday, March 11th, 2016
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Labour promises ‘iron discipline’ to shore up fiscal credibility

Labour would borrow billions of pounds to fund public investment projects, while exerting an “iron discipline” over day-to-day spending, shadow chancellor John McDonnell has said, as he seeks to win back the More...

By subhadip On Saturday, February 27th, 2016
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Retail inflation likely to be 4.5-5% in 2016-17: Survey

The government expects retail inflation to ease to 4.5-5 per cent in 2016-17 fiscal mainly due to continued downward pressure on global commodity prices and prospects of a normal monsoon. The Economic Survey 2015-16 More...

By subhadip On Thursday, February 25th, 2016
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Cabinet Okays Scrapping Of Service Charge On Card Payments

Surcharge on payments made through debit and credit cards, or over internet, for public services may soon be a thing of the past, according to a new decision taken by the Modi government on Wednesday. “The More...

By subhadip On Wednesday, February 17th, 2016
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High Street Sees Strong Start To The Year

Shopping visits increased at their strongest rate for two years last month, suggesting consumers still want to use the high street despite the surge in online retail. Figures from the British Retail Consortium More...

By nhdownyflake On Friday, July 31st, 2015
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Swiss central bank makes 50bn Swiss franc loss

The soaring value of the Swiss franc against the euro has led Switzerland’s central bank to report a first half loss of 50bn francs (£33bn). The bank, which is owned by the Swiss federal government, said More...

By nhdownyflake On Thursday, July 30th, 2015
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Sony’s net profit more than triples in second quarter

Its net profit rose to 82.4bn yen ($664m; £425m) while operating profit also rose 39% – well above expectations – to 96.8bn yen. But sales were flat in the period from a year ago, down 0.1% to 1.8tn More...

By nhdownyflake On Thursday, July 30th, 2015
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Royal Dutch Shell cuts 6,500 jobs

Oil giant Royal Dutch Shell has announced it has shed 6,500 jobs as part of cost-cutting plans as it seeks to counter falling oil prices. The job cuts comprised part of its $4bn reduction in operating costs. Shell, More...

By Joy Mitra On Tuesday, June 23rd, 2015
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Yoga business next big bet after record-breaking Rajpath show

On Sunday morning, when India once again gave Yoga to the world in a record-breaking performance at Delhi’s Rajpath, it showed the global reach of this ancient Indian discipline. And the morning after, random More...

By Joy Mitra On Tuesday, June 23rd, 2015
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Let industry consumers pay more for sugar to benefit growers

At least 70 per cent of sugar sold in the country is used by soft drinks producers, bakeries, confectioneries and other industries, including pharmaceutical. As sugar prices have collapsed on supply surges for More...