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Bharti Airtel, via its subsidiary Airtel mCommerce Services Limited, and Axis Bank, today announced a partnership for extending banking and payment services to India’s unbanked millions via mobile devices using Airtel Money. Through this partnership, a savings account of Axis Bank will be opened for customers on Airtel Money called ‘Airtel Money Super Account powered by Axis Bank’, that will offe Read More »
MEXICO CITY (Reuters) - The world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job. Read More »
PARMA, Italy (Reuters) - Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the euro zone's third-biggest economy, which he said would shrink by around 1.5 percent this year. Read More »
(Reuters) - Citigroup has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter. Read More »
LONDON (Reuters) - France and Germany will call on Monday for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, the Financial Times reported on Monday. Read More »
NEW YORK (Reuters) - Bank of America , Goldman Sachs and Citigroup could be among companies that beat estimates when they report next week, Thomson Reuters StarMine forecasts show. Read More »
BERNE (Reuters) - Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect on Monday, saying he could not prove he had been unaware of a currency trade made by his wife and wanted to protect the integrity of the central bank. Read More »
A round-up of the third day of the eighth round of Division Two in the Quaid-E-Azam Trophy 2011-12 Read More »
(Reuters) - Swiss bank UBS will slash risky assets by almost half and shift focus back to wealthy people's money as it pledged its first dividend since the financial crisis. Read More »
ZURICH (Reuters) - Credit Suisse Group AG will fully integrate private bank Clariden Leu into its organization, ending the 250 year-old Leu brand and cutting jobs to achieve 200 million Swiss francs ($220 million) in annual cost savings. Read More »

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