Bankers

The Bachchans are inarguably one of the most influential families in Bollywood. Be it Amitabh Bachchan retaining his onscreen charisma even at age 80, or Aishwarya Rai Bachchan still owning the screens with her selective roles post…

<!-- -->Swiss media have speculated about between 30,000 and 35,000 job cuts across world. (Representational)Zurich, Switzerland: Several hundred Credit Suisse investment bankers will soon be fired as UBS begins to implement the…

Currently, banks are closed every second and fourth Saturday of a month.Why shouldn't they be shut every Saturday?When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on…

HONG KONG : China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial sector, people with…

MUMBAI: For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging a relationship forged when only a few global firms were working with the emerging conglomerate.An explosive report by…

The central bankers' central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development.Around 130…

MUMBAI: A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.Housing Development Finance Corp’s all-stock merger into HDFC Bank…

<!-- -->About 18 advisers who got credit for a fee pool of just over $1 million.A $64 billion merger of two big lenders is yielding almost no fees to financial advisers, highlighting investment bankers' struggle for profits in the…

Central bankers from the world’s leading economies said on Wednesday that while they had raised interest rates significantly, additional increases would very likely be needed to wrestle inflation back under control given the strength of…

SYDNEY/SINGAPORE : Asia's dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region's equity capital markets, after volumes in the first half of the year sank to their…