In August, Capital One filed a notice with the state that it was laying off 215 employees related to Discovers home equity and refinance loans business. Capital One filed another notice last month that 382 additional employees were being laid off.
The petition seeks to compel St. Joseph Medical Center in Joliet, its owner Prime Healthcare and former owner Ascension to go to arbitration over the matter.
DBS Bank India CEO Rajat Verma outlines plans to significantly boost retail and SME banking, aiming for these segments to eventually comprise over 50% of its loan book. The bank is focusing on growth in gold loans and mortgages, alongside expanding its corporate and wealth management offerings, leveraging its global expertise.
Gold prices are expected to open lower domestically post-Diwali following a significant drop in international spot rates. This price correction is anticipated to sustain the strong demand observed during Dhanteras, benefiting consumers, especially those with upcoming weddings. Despite high prices, festive season demand for gold has remained robust, with a notable increase in investment interest and wedding-related purchases.
