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Global investment banking fees at 10-year high

LONDON, Oct 3 (Reuters) – Global investment banking fees in the year to date have reached their highest since just before the financial crisis, coming in at $76.1 billion, according to Thomson Reuters data. The global fee pool is up 14 percent to a ten-year high in the...
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NPAs may continue to crimp banks’ earnings for rest of FY18

Asset quality concerns continue to plague India’s banks, especially those owned by the government, and analysts expect June quarter’s pain to remain in 2017-18. Thirty-seven of the 38 listed banks that reported June quarter earnings till Saturday have posted a 24.3% rise in aggregate gross bad loans to...
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Learn Kannada or Get Sacked, Bank Staff in Karnataka Told

The Karnataka Development Authority (KDA) has asked senior bank managers working in the state to learn Kannada in six months or get sacked. The directive has been aimed at the non-Kannada speaking regional heads of nationalized, private and rural banks.The Authority also said that the day to day...
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