• UBS calls four nations ‘slow’ on Credit Suisse approval

    UBS has encountered regulatory delays in at least four countries, including South Korea, India, Ireland, and Saudi Arabia, hampering the bank's efforts to complete its takeover of Credit Suisse. An internal document dated September 6,…
  • RBI approves HDFC AMC’s latest acquisitions

    In a notable financial development, the Reserve Bank of India (RBI) has given its nod to HDFC Asset Management Company (HDFC AMC) on September 20, 2023, permitting the firm to acquire up to a substantial…
  • HSBC brings on new head of wealth

    HSBC, a global banking and financial services giant, has appointed Racquel Oden to lead its wealth management, global private banking, and retail divisions in the United States. This significant appointment is part of HSBC's strategic…
  • Apex lenders are close to peak rates

    In a momentous juncture for global monetary policy, the central banks of major economies are approaching, if not already teetering at, the summit of their interest rate hiking endeavours. A cacophony of signals and forecasts…
  • Denmark’s apex bank to raise rates

    Denmark's central bank, Nationalbanken, is on the cusp of a 25-basis-point increase in its benchmark interest rate, aligning itself with the guidance set forth by the European Central Bank (ECB). Leading economists, in their latest…