• Sun, December 1, 2024

by: Bill Williamson

Cenbank extends usance term for capital machinery imports

by: Bill Williamson

Joe Biden begins long-awaited Africa trip to secure win against China

At stake are vast supplies of minerals like copper and cobalt, which are found in Congo and are a key component of batteries and other electronics, and China is the top player in Congo as of now

by: Bill Williamson

KKR Real Estate Finance: Look For Further Yield Compression On The Preferreds

KKR Real Estate Finance's Series A Preferreds offer an 8% yield. Learn more about KREF stock and its preferred stock, KREF.PR.A.

by: Bill Williamson

Budget 2025: S'poreans can share their views from Dec 2 to Jan 12

The Government's feedback unit Reach - which facilitates whole-of-government efforts to engage and connect with Singaporeans on national and social issues - will also be organising a physical Listening Point on Jan 9, 2025, from 11.30am to 2pm, at One Raffles Place to gather public feedback.

by: Bill Williamson

Hasina's allies have properties worth Tk 6,000cr in UK

A joint investigation by British newspaper The Observer and Berlin-based anti-corruption organisation Transparency International has revealed that close associates of ousted prime minister Sheikh Hasina,

by: Bill Williamson

Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible'

Despite warnings from the International Energy Agency, banks including NatWest continue to finance harmful developments. Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible' first appeared on The Cool Down.
  • Mon, December 2, 2024

by: Bill Williamson

Finance in the Age of AI: BFSI CFOs explore operational excellence, enhanced security and future readiness

Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.

by: Bill Williamson

Lord's Mark Industries Ltd. Strengthens Financial Governance with the Appointment of Sanjeev S Gupta & Associates as Peer Auditor

Lord's Mark Industries Ltd., a diversified business group, is pleased to announce the appointment of Sanjeev S Gupta & Associates. They are among top 25 audit firms in our country as per sources.

by: Bill Williamson

Maxed out? Try these five Stealth Elf moves to take control of your credit card debt

by: Bill Williamson

Kazakh & Chinese Officials, Business Leaders Intend to Enhance Interregional Cooperation

ASTANA - Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu and Sichuan Communist Party Committee Secretary Wang Xiaohui reviewed the opportunities for Kazakhstan and China's interregional cooperation during a Nov. 30 meeting in Chengdu.

by: Bill Williamson

FTSE 100 LIVE: Stocks lower as UK house prices grow at fastest annual pace for two years

by: Bill Williamson

FinBox launches Industry's first Account Aggregation based data platform

FinBox, One of India's leading credit infrastructure and risk intelligence companies - has recently announced the launch of an Account Aggregator based Customer Data Platform (CDP) This unified platform will enable banks and NBFCs to access extensive customer data points and get actionable insights real-time.

by: Bill Williamson

Active fund managers hiked exposure to these sub-sectors. Are you invested in any of these?

Active fund managers have either increased their exposure to or taken fresh positions in equities in these sub-sectors.

by: Bill Williamson

Brian Anderson, driver of Akron polymer cluster, takes a break

People around town who've been following the development of a polymer club hang that moniker on Brian Anderson because more than probably any other single person he's been responsible for the cluster's successful development — and its ability to attract about $100 million in funding from the federal and state governments,

by: Bill Williamson

Canadian banks to show mixed Q4 earnings as mortgage renewals, rate cuts loom

Four out of Canada's six largest banks are expected to show a rise in earnings for the fourth quarter as Bay Street turns its focus to the lenders' forecasts for the new year amid interest rate cuts,

by: Bill Williamson

How to get a PAN card digitally on your email? A step-by-step guide

A nominal fee is required for a physical PAN card. It is important to note that existing PAN cards will remain valid even without the QR code

by: Bill Williamson

SBI to Open 500 New Branches in FY25 | Latest News

State Bank of India (SBI) plans to open 500 new branches across India in FY25. The bank has already opened 135 new branches till October 31, 2024.

by: Bill Williamson

Prosus' potential India IPOs: Meesho, BlueStone, PayU and Urban Company

Prosus is also looking at Captain Fresh, Mintifi, Vastu Housing Finance, Mensa Brands and Eruditus as future IPO candidates to capitalise on India's startup ecosystem

by: Bill Williamson

'Cost of health, life insurance...': Nirmala Sitharaman shares crucial update on GST in Parliament

In a written response in the Lok Sabha on December 2, Sitharaman mentioned that during its meeting on September 9, the GST Council had proposed forming a Group of Ministers (GoM) to comprehensively address the issues related to GST on life and health insurance.

by: Bill Williamson

Stupid Good BBQ opens in Springfield this week (why it's called that)

Stupid Good BBQ, the latest concept from Great American Restaurants, one of the largest independent restaurant operators in the D.C. area, opens Dec. 5, in Springfield, Virginia.

by: Bill Williamson

Major update on 'new' currency for South Africa, China and India

US President-elect Donald Trump previously issued a warning to BRICS countries trying to establish a new shared currency.

by: Bill Williamson

PM explores airport management partnership with Egyptian-French consortium

by: Bill Williamson

Aberdeen and Watertown Monuments' company headquarters in Minnesota expands

Sunburst's South Dakota locations include Aberdeen Monument in Aberdeen, Watertown Monument in Watertown and Capital City Monuments in Pierre.

by: Bill Williamson

Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports

The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.

by: Bill Williamson

India's GDP misses expectations, but experts see limited market fallout

Most market experts suggest that the disappointing GDP print for the September quarter will have a limited impact on the markets.

by: Bill Williamson

Best Unsecured Personal Loans of 2024: Reviews, Fees, & Comparisons

Maddy Scheckel is a registered nurse turned freelance writer specializing in personal finance and business topics. You can reach her at contentbymaddy@gmail.com. Earn 4.75% APY when you deposit at ...

by: Bill Williamson

The best business credit cards of December 2024

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. If you operate a business, whether part-time or full-time, you may benefit from opening a business ...

by: Bill Williamson

Kenya Pays Over KSh 965.9m in Stipends, Arrears to More than 3,000 Medical Interns

William Ruto's administration announced a release of stipends and arrears owed to medical interns as the Ministry of Health continues talks with the unions.

by: Bill Williamson

BRICS, De-Dollarization, and the US Trade War: What's at Stake?

Fears of a global trade war are growing as Donald Trump intensifies his rhetoric against the BRICS nations—Brazil, Russia, India, China, and South Africa—along with newly joined members like Iran, Saudi Arabia,

by: Bill Williamson

Kuwait's Investment Landscape and Financial Resilience Explored at Exclusive Event

by: Bill Williamson

SG Enable, Zero Project host first Apac symposium on inclusive hiring and workplaces

SG Enable, the focal agency for disability and inclusion in Singapore, has held its inaugural Asia-Pacific symposium in collaboration with non-profit organisation Zero Project to boost disability inclusion across the region.

by: Bill Williamson

Digital Agriculture Mission: Centre asks states to make farmer IDs faster

The Farmer ID will form the core of the 'Farmers' Registry', one of the three registries under the 'Agri Stack' initiative, part of the Centre's Digital Agriculture Mission

by: Bill Williamson

Traders' Diary: Lemon Tree, DMart, Cochin Shipyard, Petronet LNG among over a dozen scrips on analysts' watchlists today

Need stocks to trade today? Zee Business analysts Kushal Gupta and Ashish Chaturvedi have shared their views on more than a dozen stocks in focus in the first trading session of December.

by: Bill Williamson

Delhi HC to hear plea by BJP MLAs seeking CAG reports in Assembly

The Delhi High Court will hear on December 9 a plea by the city's opposition leaders seeking a direction to place Comptroller and Auditor General (CAG) reports related to liquor duty, pollution and finance before the Assembly.

by: Bill Williamson

Gold loans from banks surge, other personal loans see moderate rise

by: Bill Williamson

Budget could wipe out 125,000 jobs in family businesses

The government's move to limit inheritance tax relief for family-owned businesses could cost Britain roughly 125,000 jobs and significantly reduce economic activity, new research has found. The change unveiled in Labour's first Budget could reduce the value of goods and services produced across the UK economy by £9.

by: Bill Williamson

Australia's central bank says risks from non-bank lenders limited

AUSTRALIA'S central bank said on Monday (Dec 2) that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses, and the size of the sector remains small overall.

by: Bill Williamson

NSE Indices launches Nifty India Railways PSU Index

by: Bill Williamson

Financial and community hurdles slow geothermal energy development in Southeast Asia

Positioned along the seismically active Ring of Fire, Indonesia and the Philippines have the second and third highest installed geothermal energy capacity in the world, after the United States. Both Southeast Asian island nations are tapping into only a small fraction of their geothermal potential,

by: Bill Williamson

China's 10-Year yield sinks to record low on bets that PBOC will ease

China's 10-year yield dropped past the key psychological milestone of 2 per cent and was at a record low, as traders ramped up wagers that authorities would ease monetary policy further to bolster the weak economy.

by: Bill Williamson

Naspers' half-year profit nearly doubles on strong e-commerce and Tencent performance

South African technology investor Naspers posted a 90.5% jump in its half-year core headline earnings, driven by accelerated growth and improved profitability of its e-commerce businesses and contribution from China's Tencent .

by: Bill Williamson

Why RBL Bank shares hit 52-week low, Bajaj Fin slip 1% in today's trade?

Following the development, RBL Bank informed that co-brand cards issued to date will continue to operate as usual without any change

by: Bill Williamson

Sales of homes above Rs 4 cr surge 38%, driven by Delhi-NCR and Mumbai

by: Bill Williamson

ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions

ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions

by: Bill Williamson

Post-COVID life and China's tough economy pushes a 95-year-old jewelry brand to embrace 'wearability' and a more casual consumer

Everyone is a lot more casual. You have a lot fewer galas and things to go to," said Nicholas Lieou, Chow Tai Fook's design lead for high jewelry.

by: Bill Williamson

RBL Bank shares sink as partnership on co-branded credit cards with Bajaj Finance ends

by: Bill Williamson

Finance capital increases its domination of healthcare

Private equity firms are spearheading an avalanche of mergers and consolidations as hospitals and healthcare systems align to cut costs, increase market share and maximize revenue streams at the expense of healthcare workers and patients.

by: Bill Williamson

Singapore cenbank fines JPMorgan $1.8 mln over misconduct by relationship managers

Singapore's central bank said on Monday it fined U.S. lender JPMorgan Chase S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers.

Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible'

Despite warnings from the International Energy Agency, banks including NatWest continue to finance harmful developments. Bank lands in hot water over apparently hypocritical business practices: 'It's indefensible' first appeared on The Cool Down.
The article discusses a controversy involving Wells Fargo, which has come under scrutiny for its business practices, particularly in light of its involvement in a lawsuit with the National Fair Housing Alliance (NFHA). The NFHA alleges that Wells Fargo has not adequately served minority communities, despite the bank's public commitments to diversity and inclusion. This situation has led to accusations of hypocrisy, as the bank has been promoting itself as a champion of diversity while allegedly failing to meet the needs of minority borrowers. Critics argue that Wells Fargo's actions are indefensible, pointing out the discrepancy between the bank's stated values and its actual practices. This has sparked a broader conversation about corporate responsibility and the sincerity of banks' commitments to social issues.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/companies/bank-lands-in-hot-water-over-apparently-hypocritical-business-practices-it-s-indefensible/ar-AA1v5zLw

Like: 👍

Similar Business and Finance Publications
Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for "aggravated money laundering", in a rare charge of such magnitude against one of Switzerland's biggest and oldest wealth managers.