HSBC's $1.92 billion payment to US authorities to avoid prosecution for money-laundering practices, including transferring funds for Mexican drug cartels, raises serious questions about the flow of narco-cash in the international banking system. The time has come to tackle the culture of impunity...

IFIC Bank Limited opened its 105th branch at Konapara in Matuail under Demra thana in Dhaka Monday with an aim to attain satisfaction of customers by bringing state-of-the-art and cost-effective banking services at the doorsteps of the customers.

Argentina slapped a 30 million peso ($6 million) fine on a local subsidiary of global banking giant HSBC for failing to report suspicious transactions, authorities here said Sunday.

A-day-long workshop titled "New Performance Management System (PMS)" for managers of Comilla, Noakhali and Mymensingh regions of Pubali Bank was organised at Nabab Nawab Ali Chowdhury Senate Auditorium at Dhaka University recently.

First Security Islami Bank Limited (FSIBL) opened a branch in Jessore Monday.

Islami Bank Bangladesh Limited (IBBL) organised a conference for its clients in Naria recently.

The government Monday signed an agreement with the Asian Development Bank (ADB) for US$160 million in loans to help Bangladesh develop sustainable urban public transport systems in greater Dhaka areas.

Bangladesh Bank (BB) Monday launched a new software to expedite the secondary bond market with offering a more investors’ friendly online platform to buy and sell government securities, including treasury bills and bonds.

Stocks gained 2.17 percent yesterday -- the highest in three weeks -- thanks to a buying spree in anticipation of a good run.

The Banking Division yesterday sent the names of 29 persons to the central bank who were primarily selected for appointment as directors of state-owned commercial banks (SOCBs) to check whether any of them was loan defaulter.