The Latest Breaking News on Financial Services

A Delhi court rejected the suit for recovery filed by the State Bank of India (SBI) against a person who had already passed away two years prior to filing the suit. Read further on Dynamite News:

The City joke goes like this. You can be absolutely certain what a bank with spare capital will do next. The only question is: up which wall.

IUML's P. Abdul Hameed nominated to Kerala Bank's director board. IUML leadership expressed happiness, rejecting speculations of CPI(M) attempting to win IUML around. Hameed holds record for longest-serving leader in post. UDF taking on CPI(M) legally for amalgamating district banks into Kerala Bank. IUML wants to work together to move…

Shiv Sena (UBT) leader Advay Hiray detained in Bhopal for alleged fraud of ₹30cr from Nashik District Central Cooperative Bank. Rejected plea for bail by Bombay High Court. Formerly with BJP, Hiray joined UBT soon after Eknath Shinde's intra-party revolt.

Citi to pay $25.9 million for discrimination issues including lying to Armenian Americans about why they were denied credit cards, CFPB says.

A group of victims say the onus is wrongly being put on Australians to protect themselves from increasingly sophisticated scams

He could reportedly seek millions in damages.

The goal with this trade? Create a credit that will make the strike in March 'free.'

China's ICBC is the world's largest bank, and it was hit with ransomware earlier this week.

City Voices: London is still one of the best places in the world to do business

CPI expels former Kandala Service Cooperative Bank president N. Bhasurangan from primary membership after ED detains him for questioning on money laundering charges. CPI distances itself from leader, removes him from post of administrative convenor, MILMA. BJP terms CPI's action a "face-saving exercise" and alleges minister & party apparatchiks profited…