- Hackers stole personal information from millions of JPMorgan Chase customers this summer, in one of the biggest breaches of a financial company. The bank says only non-financial data was taken — names, ...Associated Press
<It's a tough summer for India's financial services sector. Lower profits, muted loan demand and a rise in bad assets have raised fears of a Lehmanesque crisis in the banking sector. And, the fact thatinterest rates are firm, inflation high, liquidity conditions tight and the currency exchange rate volatile isn't helping.
"While the context is different, the nature of risks is similar," says Dhananjay Sinha, co-head (institutional research), economist and strategist at Emkay Global Financial Services, while comparing the stress in the Indian financial services sector to the collapse of US investment bank Lehman Brothers Holdings in 2008.>
press release dated February 22, 2013 (covered here). It was stated in the guidelines that there was a need for an explicit policy on banking structure in India, keeping ......
discussion paper on August 27, 2013. The discussion paper identifies certain building blocks for the reorientation of the banking structure to address various issue .....