SINGAPORE: Police on March 3 confirmed that they have issued a warrant of arrest for Singaporean Chen Xiuling, also known as ...

The prosecution claimed before the Chhattisgarh High Court that around 128 bank accounts were allegedly being used for receiving proceeds of online cyber fraud.

Perhaps, the most disturbing are the so-called digital arrests, when criminals impersonate law-enforcement or regulatory officials and coerce victims into transferring funds by accusing them of ...

The banking regulator has sought clarification from the bank in wake of recent developments to gauge whether the bank was involved in the irregularities.

Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) ...

A sight letter of credit is a document from a bank that promises payment to a seller for goods or services, provided that other contractual provisions are met.

Learn how a consortium bank, created by numerous banks, facilitates funding for large-scale projects and complex deals by pooling resources and enhancing collaboration.

Australia's biggest bank has revealed it may have been the victim of the largest fraud ever committed against a bank.

Four foreign nationals have been arrested and bank accounts worth more than $3.3 million have been seized as part of what police say is a "sophisticated money laundering operation" in Mildura.

Commonwealth Bank has called in the police after discovering a suspected $1 billion in home loans obtained fraudulently, including with documents created by AI.

Bangladesh Jamaat-e-Islami Ameer Shafiqur Rahman today termed the situation created at Bangladesh Bank as the “formal beginning of a government-backed mob culture”, calling it unfortunate and ...

Metropolitan Bank Holding Corp. (NYSE: MCB) (the "Company"), the holding company for Metropolitan Commercial Bank (the "Bank"), today announced the pricing of an underwritten public offering of 2,100, ...