HSBC’s headcount decreased by 3% last year as the new CEO focused on cost-cutting and implemented significant restructuring within the Asia-centric bank, according to its 2024…
Browsing: Banking
The Reserve Bank of Australia (RBA) expects underlying inflation to decrease faster than previously predicted. This adjustment comes as the RBA downgraded its economic outlook. A…
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday. This move signals a shift…
Frankfurt, January 30 – Deutsche Bank reported a larger-than-expected decline in its fourth-quarter and 2024 full-year profits on Thursday. Legal provisions and restructuring costs negatively impacted…
Ales Michl, the Governor of the Czech National Bank, announced that he will propose a plan to the central bank’s board to invest in bitcoin. He…
In a dynamic financial landscape, the need for innovation is paramount. BHARAT CO-OPERATIVE BANK (MUMBAI) LTD was one of the few banks to implement Finacle as…
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…
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…