MAS slaps penalty of SGD 2.4 million on JPMorgan Chase Bank for misconduct by relationship managers in 24 bond transactions

In 24 over-the-counter bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates. These transactions took place between November 2018 and September 2019, said MAS.

Max Life Insurance survey reveals only 24 percent Indians confident of their savings lasting beyond 10 years post-retirement

As per the survey’s fourth edition, southern India (48) stands behind eastern India (54) and western India (49), as well as the national average of 49. This score, however, places the region at par with northern India.

Gautam Adani, nephew Sagar not charged under US Foreign Corrupt Practices Act, says Adani Green

Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani, and another key executive, Vneet Jaain, have been charged by the US Department of Justice. However, in a stock exchange filing, Adani Green Energy Ltd, which is at the centre of the bribery allegations, said reports claiming that the three have been charged with FCPA violations “are incorrect”.

UK announces relaunch of FTA talks with India after Modi-Starmer meet in Brazil

Following Starmer and Modi’s meeting, Downing Street said the UK would seek a new strategic partnership with India, including a trade agreement as well as deepening cooperation in areas such as security, education, technology and climate change.

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