Eligible customers will be able to avail up to two months’ salary as an overdraft linked to their current account and access the funds round the clock
A Chinese court meted out a nearly CNY700 million ($102.4 million) punishment to a Russian-controlled high-frequency trading firm for futures market manipulation.
The month of January saw transactions worth AED620 billion
Luxembourg watchdogs have fined the local arm of Swiss private bank Edmond de Rothschild for failing to take proper safeguards against money-laundering.
Samsung Pay solution for ATMs is an end-to-end contactless process
Over $30 billion of equity holdings moved to finance ministry
Harding-Jones, who would be based in London, was previously the head of Asia pacific M&A at UBS Group AG
As per the statistics, the total value of dishonoured cheques during the first five months of 2017 fell by 7.3 percent.
Under a proposed law, the minimum penalty will be raised to eight years from the current six years.
Number of foreign marketing funds operating in country over past five years jumped from 218 in 2012 to 599 end of 2015.