UBS SuMi to Acquire Credit Suisse Wealth Management Unit in Japan
UBS Japan joint venture will acquire the wealth management division of Credit Suisse in Japan. This after UBS acquired Credit Suisse in 2023.
Source: techreport.com
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Top News In Banking Rules Today - Breaking & Trending Today
RBI penalises Dhanlaxmi, P&S Bank, ESAF for violations
The central bank has imposed Rs 1 crore on state-owned Punjab & SInd Bank for violating lending rules. ESAF Small Finance Bank will have to pay Rs 30 lakh for deficiencies in customer service.
Source: indiatimes.com
RBI imposes penalities on Dhankaxmi Bank, Punjab & Sind Bank and ESAF Small Finane Bank
The central bank has imposed Rs 1 crore on state-owned Punjab & SInd Bank for violating lending rules. ESAF Small Finance Bank will have to pay Rs 30 lakh for deficiencies in customer service.
Source: indiatimes.com
New bank rules are bad for the West, worse for the rest
The bigger problem with the way countries are implementing Basel III regulations is that nobody’s looking out for the interests of borrowers outside their own borders. That hurts everyone — borrowers, lenders, developing countries, and even the planet
Source: moneycontrol.com
News Highlights: Top Financial Services News of the Day
Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of...
Source: marketscreener.com