Capital One Says Trump Organization Accounts Were Closed After Anti-Money Laundering Review
Capital One has told a U.S. federal court that its decision to close more than 300 bank accounts linked to the Trump Organization in 2021 followed an internal anti-money laundering (AML) review rather than political considerations. The filing was made as…
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State Bank of India’s Perpetual Bond Issue Signals Fresh Fundraising Opportunity for Banks
MUMBAI, July 31: Strong investor demand for State Bank of India (SBI) perpetual bonds is expected to encourage more Indian banks to tap the market through similar issuances in the coming months, according to merchant bankers and debt market experts.
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City Union Bank Q1 Profit Rises 25% to ₹383 Crore, NII Jumps 31%
City Union Bank Q1 results showed a strong start to FY27, with the private sector lender reporting a 25% year-on-year rise in net profit to ₹383 crore for the quarter ended June 30, 2026. The bank had reported a net profit of ₹306 crore in the…
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Bank of Baroda customer data leaked online, bank launches forensic investigation
Bank of Baroda customer data leaked after a compromised employee email account resulted in unauthorised access to certain data, according to the bank. The state-run lender said it has launched a forensic investigation and is working with relevant…
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