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Kotak Mahindra Bank recommends two internal candidates for CEO, sources sayKotak Mahindra Bank has recommended two internal candidates to succeed its CEO. Executive directors Anup Saha and Paritosh Kashyap were nam...
US Stock Market: Barclays turns hawkish on Fed, sees two rate hikes in 2026Barclays has turned more hawkish on the US Federal Reserve, now expecting two 25-basis-point rate hikes in 2026. The brokerage sees increas...
Global Market Today: Asian stocks drop on hawkish Warsh tone, oil gainsMSCI’s Asia Pacific equities gauge fell 0.8%. Technology shares led declines, with the Kospi Index — a barometer for artificial intelligenc...
Barclays targets India’s billionaires as private banking competition intensifiesBarclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying ...
What JPMorgan executive Jes Staley shared with Jeffrey Epstein and why Congress is asking questionsFormer JPMorgan Chase executive Jes Staley told U.S. lawmakers he shared confidential and market-sensitive bank information with Jeffrey Ep...
AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
US stocks today: US stocks close higher on tech rebound as Nvidia earnings gain focusUS stocks closed higher as technology and semiconductor shares recovered ahead of Nvidia's earnings. Lower oil prices and Treasury yields o...
Citi, HSBC, StanChart adopt Ant International's forex AI toolThe Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including ...
Global Market: Singapore's OCBC taps global debt market with £1 billion bond issueOCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for ge...
As Europe bakes, momentum grows for climate-resilient farmingExtreme weather is pushing farmers toward climate-resilient practices for better yields. Regenerative farming methods improve soil health a...
Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
Rupee logs weekly decline, with RBI intervention curbing lossesThe Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite ...
AMD looks to raise $4 billion to $5 billion in debt offering, source saysAdvanced Micro Devices is looking to raise between $4 billion and $5 billion in a debt offering, a source familiar with the matter said...
Global Market: Japanese bond yields rise as traders price September BOJ rate hikeJapanese government bond yields rose on Wednesday as markets increasingly priced in a September Bank of Japan rate hike. The benchmark 10-y...
- NBFCs outpace banks in June as cards lose some credit
NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
UK's Revolut wins French banking licence in fresh push across EuropeFintech firm Revolut has obtained a French banking license. This move signifies a major step in its European expansion plans. The company i...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concernsIn the forthcoming monetary policy meeting, the Reserve Bank of India is likely to maintain the current interest rates. The recent surge in...
Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...