StanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...

Happy 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 India Asset Management will pay over 96 crore rupees to settle SEBI charges. The company allegedly invested customer funds in h...

SoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...

The ⁠facility, which matures in March 2027, was ⁠arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsu...

Jefferies Financial reported a 22% profit increase, driven by investment banking, but missed analyst estimates due to loan losses from coll...

The alliance follows recent reforms by India's central bank permitting domestic lenders to finance corporate ⁠acquisitions, ⁠funding up to ...

Japan'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...

State 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 Financial Group Inc. (MUFG) is facing hurdles in its negotiations to acquire a minority stake in HDFC Bank Ltd.'s consumer l...

Japan offers loans at relatively cheaper rates. It averaged around 2.4 percent from 1972 until 2020, shows an estimate. The company however...

Son’s recent string of stumbles has tested banks’ commitment to the new model. Tumbling valuations for marquee holdings including WeWork an...

SMBC 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.

Financial services major Morgan Stanley may lose control of a Japanese hotel chain, which it bought for a whopping $2.4 billion, to credito...

Sumitomo 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 asked to calm market fears of a financial crisis after investment bank Lehman Brothers filed for bankruptcy, with a Cabinet minister ...