Indian Banking Industry News & Updates - International
SoftBank climbs 1.89% on reports of subsidiary Arm Holdings' plan for AI-powered chips by 2025
SoftBank Group rose 1.89 percent at 8,026 yen ahead of its earnings report due after the closing bell, AFP reported. The stock moved after reports that its chips subsidiary Arm Holdings is gearing up to launch artificial intelligence powered chips by 2025.
China's central bank vows to support economic recovery
In AI pivot, SoftBank quietly sells off Vision Fund assets
BoE leaves key rate unchanged at 5.25%; moves closer to first rate cut since 2020
UBS back in profit in Q1 after two quarters in the red
DBS sees net profit rising this year after Q1 beats forecasts
HSBC CEO Noel Quinn quits after 37 years of service, search for successor on
Noel Quinn, the Group Chief Executive of HSBC who oversaw a major overhaul of its operations, is set to retire from his position after nearly five years, the London-based lender said on April 30, sending its shares up and triggering talk about his probable successor.
Goldman Sachs in talks to transfer GM credit card partnership to Barclays
Goldman Sachs is in talks to transfer its General Motors credit card program to Barclays, the Wall Street Journal reported on Monday citing people familiar with the matter.
Deutsche Bank Q1 Results: Profit jumps 10% as investment bank outperforms
BNP Paribas Q1 Results: Co beats estimates as lower costs offset trading slump
Goldman Sachs, BofA shareholders reject proposals for CEO-chair split
Egypt central bank's net foreign deficit shrinks sharply
Fed policymakers agree: There's no urgency to cut rates
T. Rowe Price says 2018 Tesla pay aligned with investor interests
Bank of America Q1 Results: Profits fall 18% on higher expenses, charge-offs
Goldman Sachs Q1 Results: Profit jumps 28% on investment banking strength
Fed officials preparing to slow pace of balance sheet runoff
HSBC completes sale of Canadian unit to Royal Bank of Canada
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. The transaction will result in the recognition of an estimated gain of $4.9 billion in the first quarter of 2024, HSBC said in a statement on Friday.
Visa, Mastercard agree to lower swipe fees, settling long-running lawsuit
Visa, Mastercard and the largest U.S. credit-card issuing banks have agreed to a settlement with merchants that have been suing them for nearly two decades over the fees they charge for swiping credit cards.
Visa, Mastercard reach $30 billion settlement over credit card fees
Will Federal Reserve give some ammunition to Joe Biden with rate cut before elections?
US yields dip as traders renew bets on Fed rate cuts
Bank of England keeps key interest rate steady
The decision was widely anticipated in financial markets and comes a day after the US Federal Reserve also left its key interest rate unchanged. But unlike the Fed, the Bank of England gave few explicit indications that it was getting ready for a series of interest rate reductions in the months to come.
Defunct SVB Group to sell Indian subsidiary to First Citizens Bancshares
The bankrupt parent company of Silicon Valley Bank plans to sell its entire stake in Indian subsidiary SVB Global Services India to lender First Citizens Bancshares, it said in a filing on Wednesday.
Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy
Japan ends negative rate era with 1st hike in 17 years
BOJ preparing to end negative interest rate policy at March meeting, Jiji reports
The Bank of Japan has started to make arrangements to end its negative interest rate policy at the March 18-19 meeting, Jiji news agency reported on Thursday.
DBS CEO Piyush Gupta's total pay dropped 27% to $8.3 mn in 2023
Bond markets are flooded with deals to fund M&A
JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
