A new bill was introduced in the Lok Sabha to update banking evidence laws. This legislation will recognize digital and virtual bank record...

Leopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...

Fintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational ef...

State Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders prepa...

Situational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...

Japan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped ...

India’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut sta...

Kotak Investment Banking is undergoing a noteworthy leadership transition. V. Jayasankar and Sourav Mallik will take the reins of the inves...

Deutsche Bank reported a stronger second quarter with a 10% net profit increase. Its global investment banking division showed robust perfo...

UBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...

Artificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...

Standard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-mark...

Elon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...

Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...

Banking and PSU debt funds offer relatively safe investment options for a few years. These schemes invest in government-backed entities, re...

Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external d...

Wellington Management, Vanguard and Blackstone have launched two investment funds combining public and private market assets, aimed at high...