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UBS Successfully Finalizes Shift to Single U.S. Holding Company; Announces Highly Anticipated Swiss Entity Merger Timeline Update
UBS completes transition to single U.S. intermediate holding company; provides update on expected timing of Swiss entity merger
UBS Group AG has completed the transition...
Bank of India Acquires 6.1% Stake in CCIL IFSC
The Bank of India has acquired a 6.125% stake in the newly incorporated Clearing Corporation of India Ltd. (IFSC), listed in the GIFT SEZ...
The RBI has increased the bulk deposit limit for banks from Rs 2 crore to Rs 3 crore.
RBI in action
The Reserve Bank of India (RBI) proposed revising the definition of bulk deposits, impacting both traditional banks and Small Finance Banks (SFBs)....
Goldman Sachs bullish on private banks, says correction offers opportunities
Goldman Sachs bullish on private banks
Analysts at Goldman Sachs believe the sharp correction in private bank stocks on Thursday following the post-election results presents...
RBI launches its third Global Hackathon – HaRBInger 2024
RBI's Global Hackathon
Reserve Bank is organising its third global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’. The Hackathon invites participants to develop solutions using...
RBI Monetary Policy 2024 LIVE: Governor Das emphasizes the importance of aligning inflation with the RBI target and maintaining it at that level for...
RBI Monetary Policy 2024 LIVE
The RBI will closely monitor liquidity, growth, and inflation over the coming weeks and months, but it is expected to...
ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients
ANEXT Bank Sees Significant Growth in Regional and Global Reach Among MSME Clients
ANEXT Bank, a digital wholesale bank based in Singapore and wholly owned...
Citi’s New Banking Head Viswas Raghavan Begins Tenure as CEO Praises His ‘Intensity’
Citi's New Banking Head Viswas Raghavan Begins Tenure Amid High Hopes from CEO Jane Fraser
Viswas Raghavan joined Citigroup as its new head of banking...
NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates Following ICICI Plea
NCLT Initiates Insolvency Proceedings Against Jaiprakash Associates
On Monday, the National Company Law Tribunal (NCLT) directed the initiation of insolvency proceedings against Jaiprakash Associates Ltd...
Canara Bank’s board approves raising Rs 8,500 crore through bonds in FY25.
Canara Bank news update:
State-owned Bank announced on Friday that its board has approved raising Rs 8,500 crore through bonds to support business growth in...
SBM Bank India Ltd. hit with ₹88.70 Lakh Penalty by RBI for Regulatory Non-Compliance
SBM Bank India Ltd. news update
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹88.70 lakh (Rupees Eighty Eight Lakh Seventy...
UBS Celebrates Successful Merger with Credit Suisse
UBS Group AG Finalizes Merger with Credit Suisse AG
UBS Group AG announced today the successful completion of its merger with Credit Suisse AG, facilitated...
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New Xero study reveals celebrating success boosts U.S. small business performance
Xero, the global small business platform, has today published new independent research revealing the impact of celebrating business milestones and ‘made-it moments’. The study,...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Crypto Treasury Revolution: How $47B corporate shift creates new investment opportunities
Equity Insider News Commentary – The corporate crypto revolution has moved from experiment to mainstream strategy, as public companies poured $47.3 billion into digital...
RayNeo and Ant Group forge strategic partnership to advance AR glasses innovations in payments and beyond
RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality...