Bank
India central bank extends deadline for Paytm unit wind-down to March 15
INDIA’S central bank has extended the deadline for winding down operations of Paytm Payments Bank, an associate of One 97 Communications or Paytm, by 15 days to Mar 15,...
India central bank extends deadline for Paytm banking unit wind-down
INDIAN lender Paytm Payments Bank got a much-sought after extension from the central bank to wind down its operations on Friday (Feb 16), even as its overseas transactions are...
US Federal Reserve releases scenarios for 2024 bank “stress tests”
THE US Federal Reserve on Thursday (Feb 15) released scenarios for its annual bank health checks which will assess how well 32 large lenders would fare under a severe...
Barclays among parties eyeing SocGen’s UK private bank
BARCLAYS is in the early stages of considering a bid for Societe Generale’s UK private bank, in an effort to expand its business targeting wealthy individuals, three people familiar...
Philippine central bank keeps benchmark rate unchanged at 6.50%
THE Philippine central bank kept its benchmark interest rate steady at 6.50 per cent for a third straight meeting on Thursday (Feb 15), as price pressures have further eased....
Standard Chartered weighs breaking up corporate, investment bank
STANDARD Chartered is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of the latest effort by chief executive officer...
Australia central bank says inflation slowdown requires productivity revival
AUSTRALIA’S central bank on Tuesday reiterated that while inflation was slowing, it was still too high and would take time to return to target, with much depending on whether...
Barclays bank to stop financing new oil, gas projects
BRITISH bank Barclays said on Friday (Feb 9) it would stop directly financing its energy clients’ new oil and gas projects, but still ran into fierce criticism from campaigners...
