GERMAN prosecutors raided the homes of 16 HSBC Holdings employees as part of their vast probe into the Cum-Ex tax dividend scandal.
INDIAN banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due to reasons including a lack of clarity on how they apply to lenders, a survey conducted by an industry body on behalf of the central bank showed, said two...
INDIAN banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models for reasons such as a lack of clarity on how such rules apply to lenders, said two sources citing a recent survey.
SENIOR investment bankers at HSBC Holdings in Hong Kong could lose their private offices as the firm moves towards open-plan desks for the financial hub, causing angst among some executives who’ve complained about potential confidentiality risks.
ECONOMISTS at UK-based banks Barclays and NatWest believe that the US Federal Reserve (Fed) could ramp up the pace of its interest-rate rises in March by delivering a half-point hike, following key inflation data released on Friday (Feb 24).
JPMORGAN is proposing a new Asia credit index with slashed China weighting in parallel to its existing US$85 billion Asia credit index, two sources said. This comes amid growing geopolitical tensions and dimming appetite for Chinese property bonds.
CHINA’S Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments firm Paytm in the open market, the Economic Times reported on Monday (Feb 27).
INCOMING Bank of Japan (BOJ) Governor Kazuo Ueda said on Monday (Feb 27) the central bank could exit its massive stimulus, but a shift to tighter policy would only come when the country’s trend inflation heightens significantly.
GOLDMAN Sachs Group’s leaders take the stage this week hoping to turn the page on a forgettable 2022, lay out new reasons for investors to rally around the stock and quell dissatisfaction within the firm’s ranks.
THE trio of Singapore banks wrapped up 2022 with record results, as they continued to post strong earnings in the fourth quarter of the year on the back of higher net interest income.
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