Financial Services-firms

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Financial Services-firms - Total results - 3
Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens
Business

Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens

JPMorgan, Citigroup Inc, Wells Fargo & Co and Goldman Sachs have restricted all non-essential international travel for employees on account of coronavirus, starting with JPMorgan late last week

IL&FS to sell stake in education, wealth management arms; firm's financial services subsidiary defaults term loan of Rs 100 cr
Business

IL&FS to sell stake in education, wealth management arms; firm's financial services subsidiary defaults term loan of Rs 100 cr

The crippled infra lender is selling the group's stake in IL&FS Education & Technology Services (IETS), along with other subsidiary businesses and IIML along with all its associated fund management platforms.

72 luxury cars bought by debt-laden IL&FS to go under the hammer soon; asset sale continues amid rising defaults
Business

72 luxury cars bought by debt-laden IL&FS to go under the hammer soon; asset sale continues amid rising defaults

The Uday Kotak-led board appointed by the government at IL&FS Group will auction the fleet of the luxury cars for which the company will issue advertisements initiating the bidding process.