The returns on Indian equities will “normalise” this fiscal year in line with corporate earnings growth, the head of equities at Canara Robeco Mutual Fund said on Monday, making a case for increasing exposure to large companies.
Bank of Singapore, one of Asia’s biggest private banks, said on Monday it has appointed Jibu George as its compliance head for its Dubai International Financial Centre (DIFC) branch in Dubai effective Monday.
A federal judge in Texas on Friday blocked enforcement of new regulations adopted during the Biden administration that sought to overhaul how lenders extend loans and other services to low- and moderate-income Americans.
British investment fund Attestor Ltd. has granted Signa’s Prime unit a loan of up to 100 million euros ($108 million) to boost the liquidity of the insolvent Austrian property company, restructuring administrator Norbert Abel said on Friday.
India’s foreign exchange reserves rose for a fifth straight week to hit a record high of $642.63 billion as of March 22, data from the central bank showed on Friday.
HSBC Holdings said it completed the C$13.5 billion ($9.96 billion) sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RBC) on Thursday.
China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing seeks to woo foreign investors amid heightened geopolitical tensions.
Brazilian exchange operator B3 said on Thursday it received a green light from the country’s securities regulator to offer bitcoin futures, with trading to start on April 17.
Intesa Sanpaolo has booked an impairment on its joint venture with Sweden’s Intrum , Europe’s biggest debt collector, in a move that highlights the challenges facing the bad loan recovery industry.
Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse gas emissions, the fourth-largest U.S. bank said in a climate report released on Thursday.
