[ad_1] First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional lenders has slowed to a trickle … Read more
[ad_1] NEW DELHI: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the media reported.According to a report in Inc42, 19 edtech startups, including four unicorns, have alone sacked more than 8,460 employees to date.The … Read more
[ad_1] NEW DELHI: With the global banking sector plunging into turmoil after the Silicon Valley Bank collapse in US, the Centre on Saturday asked all public sector lenders (PSBs) to assess various financial health parameters.The direction came at a review meeting chaired by Union finance minister Nirmala Sitharaman.Timeline: How the 2023 banking crisis unfoldedAfter a … Read more