Banks (Finance)
Ms. Susan Peterson has been appointed as the new Chair of Kiwibank Limited, effective November 30, 2025. She succeeds Mr. Jon Hartley, who will step down after his current term ends on November 29, 2025. Ms. Peterson is a seasoned business leader with extensive experience in strategic leadership, business growth,
Banks (Finance)
Regulatory approvals are yet to be received, but the transaction is expected to be a major milestone in the integration of Indian and West Asian financial markets. The Emirates NBD investment brings foreign interest in India's financial services sector to the forefront, with many drawn to the country&
Banks (Finance)
Millions of Indians fall victim to cyber-attacks every year, particularly during festive periods. A recent report by CERT-In shows a 45% spike in cyber-attacks during festivals, with phishing and fake messages causing billions of rupees in losses. Scammers exploit the festive season by hiding threats in innocent greetings, making awareness
Banks (Finance)
In a move that is set to be the largest Foreign Direct Investment (FDI) in India's financial services sector, Dubai-based Emirates NBD is acquiring a controlling stake of up to 60% in RBL Bank for a whopping $3 billion (Rs 26,850 crore). This significant investment will see
Banks (Finance)
Regulatory approvals are yet to be received, but the transaction is expected to be a major milestone in the integration of Indian and West Asian financial markets. The Emirates NBD investment brings foreign interest in India's financial services sector to the forefront, with many drawn to the country&
Bank of Ireland
The UK motor finance market has been left reeling after the Financial Conduct Authority (FCA) proposed a compensation scheme to tackle four million claims alleging unfair commissions on car loans. The scheme, which would see customers on average receive £700 in compensation, has sparked a major row between lenders, consumers,
Banks (Finance)
In a move that is set to be the largest Foreign Direct Investment (FDI) in India's financial services sector, Dubai-based Emirates NBD is acquiring a controlling stake of up to 60% in RBL Bank for a whopping $3 billion (Rs 26,850 crore). This significant investment will see
Banks (Finance)
Financial markets faced a complex week, influenced by global events, including the US's China policy and European fiscal issues. The value of gold decreased, settling at $4,200 per troy ounce, while cryptocurrency prices fell significantly, with Bitcoin experiencing a decline below $105,000. The US dollar strengthened,
Banks (Finance)
Investors in the US banking sector are growing increasingly worried as reports of souring debts on bank balance sheets have started to emerge. The major stock indexes have soared to record highs, prompting worries that the market may be overvalued, and the recent bankruptcies of several key companies, including Tricolor
Banks (Finance)
A 45 million credit line from the European Investment Bank (EIB) to Slovak lender VB aims to support small and medium-sized enterprises (SMEs), Mid-Caps, and public entities in tackling climate change. The operation will benefit companies in Slovakia's cohesion regions, where per capita income is below the European
Banks (Finance)
Global markets, including the FTSE 100, took a sharp hit as investors reacted to concerns of fraud at US regional banks, with the FTSE 100 closing down 0.9% and the FTSE 250 falling 1%. The rout was sparked by fears surrounding Zions Bancorp and Western Alliance, which revealed they
Banks (Finance)
Fear and uncertainty have gripped the financial markets in the US and UK, leading to a sharp sell-off in stock prices. The trigger for the panic was the bankruptcy of two car parts suppliers with multibillion-dollar debts in the private credit market, as well as revelations of bad loans at
