In recent weeks, the United States, European Union, and United Kingdom have taken significant steps to relax of their sanctions on Syria, paving ...

In April 2024, S&P Global Ratings affirmed the company’s Financial Strength Rating of A+ and lifted its outlook from “Stable” to “Positive”. S&P attributed the positive outlook to improved operating ...

The Central Bank of the UAE (CBUAE) has imposed administrative and financial sanctions on five insurance brokers operating in the country for failing to comply with anti-money laundering (AML ...

Kotak Mahindra Bank has announced the impending removal of several insurance benefits associated with its debit cards. This change will significantly affect the bank's cardholders, as they will ...

China’s central bank wants to inject some confidence into the Chinese economy beforehand. New survey data shows a 13% dip in postgraduate enrollment for international students for the 2025-26 ...

The total amount of catastrophe claims is included in Insurance service expenses and amounts related to reinsurance coverage are included in Other income (loss) on the Bank's Consolidated ...

Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

Bank of Cyprus signed an agreement to buy Ethniki Insurance Cyprus for 29.5 million euros ($33.5 million) in cash as it seeks to diversify its revenues as interest rates come down. The Cypriot ...

In theory, an ADR is similar to a special certificate issued by a US bank. TCS Q4 Results LIVE ... BFSI seems to be okay, with some softness in insurance, said CEO K Krithivasan.

The Bank of England has proposed increasing the limit on deposits legally protected in the event of a bank failure by almost 30%, after a review triggered by the collapse of Silicon Valley Bank ...

The SST ratio was estimated ... a shift of brokerage fees from the bank, which is the broker of those structured products closer to the distribution, which is our insurance business, our insurance ...

examines the governance structures essential critical for effective bank resolution and deposit insurance functions. Considering the vulnerabilities exposed during the 2008-09 global financial crisis, ...