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SWISS BANK SECURITY
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...- An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unitIndian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...
- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign companyAlphabet has issued a record-breaking 576.5 billion yen ($3.6 billion) in yen-denominated bonds, marking its first such debt offering. This...
- Fuel prices likely to rise if war continues: RBI Guv"If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the price increas...
- US Stock Market: AI spending surge drives Alphabet, Amazon to tap global bond marketsAlphabet and Amazon are expanding their global borrowing to fund the escalating costs of the AI race. Alphabet plans its first yen-denomina...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
- NARCL to take over Rs 1000 crore Kay Bouvet debtNational Asset Reconstruction Co Ltd, or NARCL, will acquire the Rs 1000 crore debt of Kay Bouvet Engineering. Banks sought challenging bid...
- NARCL set to acquire debt of Kay Bouvet EngineeringSpecialised equipment maker Kay Bouvet Engineering's Rs 1,000 crore debt is poised for takeover by NARCL. Banks will see a 13% recovery thr...
- Indians' funds in Swiss banks: Govt seeks details from Swiss authoritiesQuoting data from Switzerland's central bank, PTI had reported on June 17 that funds parked by Indian individuals and firms in Swiss banks,...
- Explain how deposits by Indians in Swiss banks increased by 286% in 2020, Congress asks CentreThe opposition asked the Centre to take steps to disclose the names of the latest Indian depositors in Swiss banks, especially when the Ind...
- Indians' money in Swiss banks down 6% in 2019; hits 3rd lowest in over three decadesAccording to SNB, its data for 'total liabilities' of Swiss banks towards Indian clients takes into account all types of funds of Indian cu...
- Swiss banks' foreign assets fall by about Rs 5 lakh croreThe foreign assets kept with Swiss banks came down by about Rs 5,00,000 crore last year, amid a global outcry against the alleged practice ...
- Access to info on Swiss accounts made easierThe Swiss Parliament today approved amendments to tax treaties with countries like India, that makes it easier for them to access informati...
- Govt to allow Credit Suisse to launch banking operations in IndiaThe government is all set to allow Credit Suisse to launch banking operations in India, indicating that the political heat over black money...
- Swiss banks see no net fund outflows in H1 '09After witnessing a sharp decline in the assets managed by them last year, Swiss banks' net outflows was being close to zero in the first ha...
- Credit Suisse Q1 profit at 2 bn Swiss francsSwiss banking major Credit Suisse moved into black, posting a first quarter profit of 2 bn Swiss francs (about $1.73 bn). Factors that make...
- Switzerland pumps billions into bank rescue planSwitzerland government stepped in Thursday with a nearly $60 billion bailout for the nation's largest bank.
- Credit Suisse says it will offer private banking in JapanSwiss bank Credit Suisse said that it intended to offer private banking services in Japan by the end of this year, as part of a drive to ex...
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