-
10:38
-
09:00
-
07:42
-
13:04
-
14:00
-
11:40
-
07:50
-
09:45
-
15:20
Keywords: Banking
Kotak Mahindra Bank reported stronger-than-expected quarterly earnings, supported by solid loan expansion and lower provisions for bad debts, highlighting continued momentum in India’s private banking sector. The Mumbai-based lender posted a 13% rise in standalone net profit for the quarter ending......
Moody's has decided to give up the regulatory licence of its South African subsidiary, marking a strategic shift in how the global ratings firm operates in African markets. The company stated that the move is aimed at strengthening its focus on cross-border investors and African issuers seeking......
India has taken a significant step in reshaping its banking landscape, as the country’s financial regulator approved a change of control at RBL Bank. The decision clears the way for Emirates NBD to acquire a majority stake in the lender. The approval was granted by the Securities and Exchange......
French President Emmanuel Macron has initiated a key reshuffle within his inner circle, a move that could influence the future leadership of the country’s central bank. The decision to replace his chief of staff is widely seen as paving the way for a senior official to take over the Bank of France......
Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......
Russia’s VTB, one of the country’s largest banking institutions, has reported a decline in its first-quarter profit compared to the same period last year, reflecting ongoing economic pressures. The bank indicated that its earnings fell modestly on a year-on-year basis, highlighting the challenges......
The Governor of the Bank of Portugal, Alvaro Santos Pereira, was required to divest personal shareholdings following a review by the European Central Bank, according to official statements released by the central bank. Shortly after assuming office, Santos Pereira had purchased shares in major Portuguese-listed......
Short sellers have significantly increased their bearish positions on U.S. life insurance companies, reflecting growing concerns about exposure to the private credit market, according to recent market analysis. United States life insurance stocks have seen short positions more than double over the past......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......