Private sector lender Federal Bank on Monday reported 5 per cent year-on-year (y-o-y) and 10 per cent quarter-on-quarter (q-o-q) fall in net profit for the quarter ended December at ₹955 crore ...

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...

Shares of Federal Bank slumped 7 percent on January 28, bogged down by a fall in the lender's Q3 net profit. The lender's net profit came at Rs 955.4 crore in Q3, down 5 percent on year from ...

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Two Emeryville residents were indicted with multiple counts of bank fraud and conspiracy to steal U.S. Treasury checks with ...

WASHINGTON — President Donald Trump's administration began a mass firing of federal workers Thursday. Office of Personnel Management officials met with agency leaders and advised them to dismiss ...

WASHINGTON – Layoffs are underway at multiple federal departments, according to union sources and termination notices reviewed by USA TODAY, as President Donald Trump and top White House ...

Jan J. J. Groen, an independent economist in New York and former economic research advisor at the Federal Reserve Bank of New York, said layoffs — more than buyouts — would save the government ...

Impact Link Since returning to the White House, President Donald Trump has wasted little time sending his newly created Department of Government Efficiency after federal agencies. On his first day ...

The next stage of the Trump administration’s efforts to slash the federal workforce is underway. Agency leaders have been told to begin preparations for large-scale layoffs, known as reductions ...

First Carolina Bank has completed its acquisition of BMTX, formerly known at BankMobile, and Luvleen Sidhu is stepping away from her position as CEO.

THIS VIRTUAL TOWN HALL HAD A LOT OF QUESTIONS FROM CONSTITUENTS ABOUT SOCIAL SECURITY, ABOUT PRESIDENT TRUMP’S FREEZE ON FEDERAL FUNDS. BUT MOST OF ALL, WHAT IS HAPPENING WITH FEDERAL WORKERS.