Festivals
Individuals planning to engage in financial activities are advised to check the Reserve Bank of India's (RBI) state-wise official holiday calendar for the fiscal year 2025-26. Banks across India will remain closed for four days in November 2025 due to various regional festivals and celebrations. The RBI has
Banking industry
At least 25 people were killed in the Haitian town of Petit-Goave as severe flooding from Hurricane Melissa swept through the area, with dozens of houses collapsing and residents trapped under the rubble. In Jamaica, over 25,000 people were forced into shelters after the storm ripped roofs from homes,
Banking industry
Huntington Bancshares Incorporated, a leading US bank holding company, is at the center of a merger investigation led by investor rights law firm Halper Sadeh LLC. The firm is probing whether the proposed merger with Cadence Bank is unfair to Huntington shareholders, raising concerns about potential fiduciary duties breaches and
Banking industry
The State Bank of India (SBI), India's largest lender, is planning to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. This recruitment drive will be in addition to the 505 Probationary Officers (POs) already recruited in June, and the bank is currently
Banking industry
As one of the largest financial institutions in the world, JPMorgan Chase has officially opened its new 60-story headquarters in Manhattan, marking a significant milestone in the city's development. The $3 billion project, designed by renowned architect Norman Foster, replaces the former Union Carbide Building and will house
Banking industry
The Dubai government-controlled Emirates NBD is set to acquire a controlling stake of up to 60% in RBL Bank through a primary infusion of about $3 billion (Rs 26,850 crore), marking the largest foreign direct investment (FDI) in India's financial services sector and the biggest equity fundraise
Banking industry
The Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) withdrew the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions on October 16. These principles, finalized in October 2023, provided guidance for large banks to manage climate-related risks and protect
Stock exchanges
Great Southern Bancorp, Inc. reported preliminary financial results for the three months ended September 30, 2025, posting strong growth in key areas. The company's third-quarter performance demonstrates significant advancements in its financial standing. A press release detailing the financial results was published on October 15, 2025, highlighting the
Financial statements
U.S. Bancorp, a leading financial services company, has issued a press release reporting its financial results for the quarter ended September 30, 2025. The company's earnings surpass expectations, driven by strong growth in loans and deposits. U.S. Bancorp's net income for the quarter was
Financial statements
Glacier Bancorp, Inc., a Montana-based bank holding company, has released its financial results for the quarter ended September 30, 2025. The company's financial performance highlights a notable increase in net income, driven by improved interest income and reduced operating expenses. According to the press release, Glacier Bancorp'
Stock exchanges
Community Trust Bancorp, Inc., a leading bank holding company in Kentucky, has announced its financial results for the quarter and nine months ended September 30, 2025. The company reported strong performance across various key metrics, demonstrating its ability to navigate the current economic landscape. With a commitment to serving the
Stock exchanges
Home Federal Bancorp, Inc. of Louisiana, a Louisiana-based bank holding company, has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) on October 15, 2025. The filing reports the company's quarterly cash dividend and stock repurchase program. According to the press release, the company&
