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NEW DELHI] India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the extent of easing in this cycle. Read more at The ...
The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.75%, according to all but one of the 34 economists surveyed by Bloomberg.
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Inflation eases to over 5-year low
By Luisa Maria Jacinta C. Jocson, Senior Reporter HEADLINE INFLATION eased to an over five-year low in May, as utility costs ...
Wafa Assurance offers to acquire 51% stake in Cairo-listed Delta Insurance • Deal values Delta at EGP5 billion ($317 million), priced at EGP40 ($2.52) per share • Egypt Kuwait Holding to sell its ...
Téte António visits Senegal, Mali, Burkina Faso, and Niger to deepen ties • Tour aligns with Angola’s role as African Union president in 2025 • Angola seeks to strengthen political, economic, and ...
HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.
“Our global research, equities sales and trading businesses are core to corporate & institutional banking,” a spokesperson for HSBC said in an emailed statement. Major didn’t respond to a ...
HSBC has been named 'Best Bank for Corporates in Qatar’ at the Euromoney Middle East Awards for Excellence for the second consecutive year. HSBC Qatar CEO Abdul Hakeem Mostafawi said ...
May 30 (Reuters) - HSBC (HSBA.L), opens new tab ... we have decided to exit our Business Banking portfolio in the United States," it said in a statement. Sign up here. "We are supporting impacted ...
(Image/Reuters) HSBC Holdings has laid off over two dozen analysts in recent days as part of its ongoing overhaul of its investment banking division, sources familiar with the matter told Bloomberg.
HSBC Holdings Plc culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with ...
executive vice president of open banking for APEMEA at Mastercard Open Banking, in a statement. London-based HSBC has invested in Token.io, a European account-to-account payment fintech that uses open ...