Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
Global funds ready for further Rupee weakness with 100 in sightGlobal investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven...
Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
Europe lacks everything needed to make its stock market a winnerEuropean stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a glob...
Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
SBI Funds is said to start marketing $1.5 billion IPO next weekSBI Funds Management Ltd. is preparing to launch its initial public offering as early as next week, aiming to raise up to $1.5 billion. The...
Bharti looks to sell 85% of insurance business to PrudentialBharti Group is in talks to sell up to 85% of its life insurance business to Prudential Plc for an estimated ₹7,000-8,000 cr. This potentia...
- U.S. report says HSBC handled Iran, drug money
"The culture at HSBC was pervasively polluted for a long time," said Senator Carl Levin, chairman of the U.S. Senate Permanent Subcommittee...
- HSBC in talks to acquire majority stake in Nedbank Group
Banking giant HSBC today said it has entered into "exclusive discussions" with Old Mutual Plc for potential acquisition of an around 70 per...
- HSBC shows interest in RBS, raises $18 bn from rights issue
Banking major HSBC Holdings Plc, which has raised $18 bn for expansion from rights issue, said it is looking at acquisition of Asian operat...
- HSBC to raise $17.7 bn, cut jobs as '08 profits fall
HSBC PLC, said it will raise $17.7 billion in new capital thorugh a share issue and cut 6,100 jobs in US after reporting a 70 per cent drop...
- HSBC injects 750 million pounds into British division
Global banking giant HSBC said Thursday that it had injected 750 million pounds into its British arm, meeting its commitment under a govern...