Bloomberg India this week joined a select club of countries offering fund transfers around the clock, a move that will give banks more flexibility to manage their liquidity requirements, the central bank said. The National Electronic Funds Transfer (NEFT) sees transactions worth 800 billion rupees ($11.3 billion) daily and the round-the-clock service is expected to boost online transactions for customers ...

Bloomberg The Credit Suisse Group AG spying incident surrounding the departure of former wealth management head Iqbal Khan might not be an isolated case. The bank may have spied on former Chief Human Resources Officer Peter Goerke, Swiss newspaper NZZ reported, citing documents it obtained as part of an investigation. A former Credit Suisse employee in the US also recently ...

Bloomberg China will provide retaliatory tariff waivers to buyers of US farm products on a more regular basis after the countries reached a phase one trade deal, according to people familiar with the situation. Waivers had previously been given in tranches but they’ll now be handed out more frequently, said the people, who asked not to be identified as the ...