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Guru Nanak Jayanti 2023: 5 financial lessons you can learn on Gurpurab
Guru Nanak Jayanti, also known as Gurpurab, is the birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism. This day is celebrated with great devotion and enthusiasm by Sikhs all over the world. As we celebrate his 554th birth anniversary today, let us reflect on the invaluable lessons that Guru Nanak Ji has…
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Citigroup and the ‘financial supermarket’ experiment
You can enable subtitles (captions) in the video player MIKE MAYO: The merger between Citi and Travellers is one of the worst big bank mergers in history. SUJEET INDAP: Citigroup was the collection of dozens of businesses, and so there had been issues with compliance and risk management. STEPHEN GANDEL: The thing you have to…
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China needs to unblock, sustain financial channels for private firms
BEIJING, Nov 27 (Reuters) – Top Chinese government departments led by the central bank said on Monday that measures needed to be stepped up to strengthen financial support for private companies, including unblocking and sustaining of funding channels.State agencies have in recent months unveiled a flurry of initiatives to support private businesses after authorities vowed…
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How Piguet Galland Is Successfully Navigating the New Challenges Facing the Swiss Financial Centre
By Olivier Calloud, Chief Executive Officer, Piguet Galland & Cie SA In the face of the economic and operational turbulence that has significantly impacted global private banking and wealth management over the last few years, our achievements at Piguet Galland across various key areas have set us distinctly apart from the local competition. With inflows…
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Japan’s Sumitomo Mitsui Financial Group CEO dies at 65
TOKYO, Nov 27 (Reuters) – Sumitomo Mitsui Financial Group (SMFG) (8316.T) on Monday said group CEO Jun Ohta died on Nov. 25 aged 65 of pancreatic cancer.Japan’s second-biggest lender after Mitsubishi UFJ Financial Group (8306.T) said it plans to announce a successor in the near future as soon as an appointment is made.Until the new…
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Beijing Pledges More Financial Support to Aid Private Economy
Nov. 26, 2023 10:38 pm ETChinese authorities rolled out a new set of measures to pump more financial resources to help the country’s struggling private sector, the latest effort by Beijing to revive weakening business confidence amid economic headwinds.Ministries led by the People’s Bank of China said they would ask Chinese banks to set annual…
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FinanceAsia Achievement Awards 2023: Asia’s best finance houses revealed
Our annual Achievement Awards recognise excellence across Asia’s financial markets. Covering three key categories – Deal Awards, House Awards and Regional Deal Awards – our Achievement Awards highlight the accomplishments of key players across Asia, Australia and New Zealand, that have shown dedication to their sector. This year we expanded the categories to reflect a resurgent regional economy that…
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10 AI ML In Banking And Finances Trends To Look Out For In 2024
With a CAGR of 32.6% between 2021 and 2030, the worldwide AI in the banking market is expected to expand from its 2020 valuation of $3.88 billion to a total of $64.03 billion. Introduction to AI and its potential in the Banking and Finance industry Artificial Intelligence has drastically changed banking and finance. Recently, AI…
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Cyber financial fraud: What RBI can do to protect senior citizen victims
Seniors falling victim to such fraud can face dire consequences, especially considering that many of them lack substantial income.
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Ortec Finance on facing the climate’s uncertain future
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