Banker

Sex with under-aged prostitute lands ex-UBS banker in prison

Juerg Buergin, a married 41-year-old former executive with banking giant UBS, had intercourse with the 17-year-old on two occasions at five star hotels in 2010 and 2011.

Why did banks wake up to Bhushan Steel's woes only post Syndicate Bank scam?

The question is: would banks have been this alert if the Syndicate Bank episode didn't actually take place?

Syndicate Bank scandal fallout: Govt could split CMD post in PSU banks

In an attempt to bring in accountability to the positions, the government is likely to transfer MDs if banks fail to perform.<br />

Public sector bank chief appointments: Why the rot runs a lot deeper

Bankers accepted money for wrongdoings through middlemen. In several cases bankers either offered loans to corporations violating prudential norms or facilitated illegal transactions involving huge amounts.

Syndicate Bank bribery scam: Here's the who, what and how of the case

Syndicate Bank scam: CBI may widen corruption probe after SK Jain's arrest

A committee appointed by the central bank in May termed corruption in state banks a major "public policy concern", and recommended the federal government cut its stake in these banks to below 50 percent.<br />

Vijay Mallya to Vinod Kambli: How Syndicate Bank-like scams can be avoided

We have mollycoddled industrial loans long enough. It is time we read the riot act to our industrialists. Jaitley does not have to legislate afresh. He must ask banks to dust up Securitization Act, 2002.