The Philippine central bank is sticking with its view that interest rates could be lowered as early as August despite an uptick in inflation last month, saying it was happy with where consumer prices were going.
HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s consumer wealth portfolio in the world’s second-largest economy.
Mexican banks face risks from exposure to sovereign debt and debt from state entities, but have “sufficient ratings headroom” and can expect solid financial performance this year, Fitch Ratings said on Monday.
The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday.
JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the bank said in a memo on Monday, the latest senior hire tasked with deploying some of its $17 billion tech budget.
Bitcoin miner Bitfarms said on Monday it had approved the adoption of a “poison pill” to fend off a potential hostile takeover attempt by rival Riot Platforms .
India’s mutual fund assets rose to 58.6 trillion rupees ($701.90 billion) in May, inching closer to adding 10 trillion rupees in less than a year, the fastest rise on record, data showed on Monday.
