Searched for
JAPANESE LENDER INVESTMENT
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...- StanChart CEO seeks to reassure staff over AI-linked job cutsStandard Chartered CEO Bill Winters reassured staff following news of job cuts, emphasizing that the bank is replacing "lower-value human c...
- AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
- StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Nippon Life's India asset manager to settle Yes Bank investment case, document showsNippon Life India Asset Management will pay over 96 crore rupees to settle SEBI charges. The company allegedly invested customer funds in h...
- SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- SoftBank secures $40 billion loan to fund further OpenAI investmentThe facility, which matures in March 2027, was arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsu...
- US Stock Market | Jefferies profit rises on dealmaking but misses estimates from losses on First Brands, MFSJefferies Financial reported a 22% profit increase, driven by investment banking, but missed analyst estimates due to loan losses from coll...
- Japan's MUFG, State Bank of India partner to finance projects, including M&AThe alliance follows recent reforms by India's central bank permitting domestic lenders to finance corporate acquisitions, funding up to ...
- Japan's MUFG seals Rs 39,600 crore Shriram Finance DealJapan's MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India's biggest foreign investment in financial ser...
- SBI aims to sell its Yes Bank stake worth Rs 18,420 cr by end-MarchState Bank of India (SBI) plans to sell its 24% stake in Yes Bank, worth $2.2 billion, by March. Japanese Sumitomo Mitsui and Dubai's Emira...
- Mitsubishi UFJ's talks for stake in HDFC Bank said to hit snagMitsubishi UFJ Financial Group Inc. (MUFG) is facing hurdles in its negotiations to acquire a minority stake in HDFC Bank Ltd.'s consumer l...
- SBI raises $1 billion from Japanese lendersJapan offers loans at relatively cheaper rates. It averaged around 2.4 percent from 1972 until 2020, shows an estimate. The company however...
- Masayoshi Son’s bankers are worried about their favorite clientSon’s recent string of stumbles has tested banks’ commitment to the new model. Tumbling valuations for marquee holdings including WeWork an...
- Sumitomo Mitsui offloads Rs 2,069 crore stake in Kotak MahindraSMBC reduced its stake by 1.78 per cent in the Indian private sector lender. As of December 2015, SMBC held 3.58 per cent stake in the Bank.
- MorganStanley may hand over $2.4bn hotel chain to creditorsFinancial services major Morgan Stanley may lose control of a Japanese hotel chain, which it bought for a whopping $2.4 billion, to credito...
- Sumitomo, Barclays to tap Japan's wealthSumitomo Mitsui Financial Group Inc may set up a wealth-management unit in Japan with Barclays Plc, aiming to tap the nation’s $15.9 trilli...
- Japan orders Lehman to suspend operationsJapan asked to calm market fears of a financial crisis after investment bank Lehman Brothers filed for bankruptcy, with a Cabinet minister ...
Load More
