The Bank of England decided to maintain its main interest rate at 4.75% on Thursday. However, policymakers showed increasing division over the necessity of rate cuts…
Browsing: Banking
Australia’s corporate regulator has started legal proceedings against HSBC’s local affiliate. The Australian Securities and Investments Commission (ASIC) claims the bank did not properly address about…
On Monday, Singapore’s central bank announced that it imposed a fine of S$2.4 million (approximately $1.79 million) on U.S. lender JPMorgan Chase. The Monetary Authority of…
HDFC Life, one of India’s leading insurers, has unveiled its latest campaign focused on the critical need for timely retirement planning. The growing elderly population in…
Indian lenders, including State Bank of India (SBI.NS), are reassessing their exposure to the Adani Group. They are considering whether to strengthen their due diligence procedures…
After the success of the first phase of ‘The Missing Beat’, a campaign aimed at increasing public awareness on Cardiopulmonary Resuscitation (CPR), HDFC Life has launched…
On Monday, Australia’s corporate watchdog initiated civil penalty proceedings against National Australia Bank (NAB), the nation’s second-largest lender. The action comes after NAB failed to respond…
Chinese regulators have instructed the country’s banks to reduce the interest rates they offer on deposits from other financial institutions. This move aims to free up…
HDFC Life, one of India’s leading insurers, successfully hosted its inaugural AI Day, showcasing its commitment to leveraging Artificial Intelligence (AI) to enhance customer experiences, drive…
Roberto Campos Neto, the head of Brazil’s central bank, stated on Friday that markets are increasingly considering the inflationary effects of the U.S. election. He noted…