HSBC’s Asia bankers do better than peers as bonus pool cut 20%
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(FILES) This file photo taken on September 21, 2020 shows pedestrians walking past the logo for HSBC in Hong Kong. - HSBC was expected on February 23, 2021 to announce their 2020 annual results later in the day. (Photo by ISAAC LAWRENCE / AFP)
(AFP)
The bank saw a 20.4% drop in discretionary awards to about $2.66 billion for 2020
Most European financial institutions have been seeking to keep a lid on discretionary payouts this year
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HSBC Holdings Plc’s bankers in Asia were paid bigger bonuses than colleagues in other locations as Europe’s largest lender seeks a stronger foothold in the region.
Representative Image ANI | Updated: Feb 17, 2021 20:42 IST
New Delhi [India], February 17 (ANI): Rouse Avenue Court on Wednesday extended the judicial custody of former Trinamool Congress (TMC) MP and businessman K.D. Singh till March 1, arrested in connection with an alleged money-laundering case.
Special Judge Gitanjali Goel on Wednesday extended his judicial custody till March 1, when he was produced by Tihar Jail Authority after ending of his earlier judicial custody.
He was arrested by the investigation agency Enforcement Directorate on January 13 in the case and sent to the ED remand for several days and later he has been sent to judicial custody.
Representative Image ANI | Updated: Jan 27, 2021 18:13 IST
New Delhi [India], January 27 (ANI): The Rouse Avenue Court on Wednesday sent former Trinamool Congress (TMC) MP and Businessman KD Singh to judicial custody till February 9, who has been arrested in connection with an alleged money-laundering case.
Special Judge Gitanjali Goel today sent him to Judicial custody while Enforcement Directorate (ED) officials will produce him in the court after the ED remand is concluded.
He was arrested by the Investigation agency Enforcement Directorate on January 13 in the case and till then he was on ED remand.
Earlier ED while sought his remand submitted that as the record is voluminous in number and he needs to be confronted with other public persons too in the custodial remand. ED counsels submitted that KD Singh was evasive in replies and has a non-cooperative attitude. During arresting all procedures were followed.
CBI books 50 people for alleged role in chit fund scams
Updated:
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The agency has registered two cases following Jharkhand High Court directions.
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The agency has registered two cases following Jharkhand High Court directions.
The Central Bureau of Investigation, following the Jharkhand High Court directions, has registered two cases against 50 people for their alleged involvement in chit fund scams running into crores.
In the first case, the agency has named 38 people linked to four companies, Eden Nirman Limited, Smart Highrise Limited, GDI Multi Services Limited and Fentiles Agrotech Limited. Four others, including three linked to Sea Greenage Valley Projects Limited, have also been arraigned as accused. Most of them are residents of Murshidabad in West Bengal.
New Delhi [India], January 25 (ANI): Rouse Avenue Court on Monday further extended the Enforcement Directorate's (ED) remand of former Trinamool Congress (TMC) MP and Businessman KD Singh till January 27.