Global Private Bank

Latest News for: Global private bank

Edit

How RBI’s watchful eye saved Indian banks from Credit Suisse fallout, global banking contagion

Financial Express 21 Mar 2023

There would be an impact on MTM losses, but given the RBI’s tighter regulation, most public sector and private sector banks are far more resilient than global banks ... Global central banks could use RBI template ... A certain part of the current global banking crisis, such as the ...

Edit

Stunned bank stocks make gains as Fed comes into focus

The Times of India 21 Mar 2023

Another burning question is whether the Fed's relentless rate hikes, which some have blamed for sparking the biggest meltdown in the banking sector since the global financial crisis, might be at an end ... Over $95 billion in market value wiped out in 2 weeks - https.//www.reuters.com/graphics/GLOBAL-BANKS/USA/myvmobkeovr/graphic.jpg).

Edit

Swiss Central Banks Race To Calm Markets After UBS Takes Over Credit Suisse

Windermere Sun 20 Mar 2023

Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global “bulge bracket” banks providing services in investment banking, private banking, asset management, and shared services ... The Financial Stability Board considers it to be a global systemically important bank.

Edit

US bank busts: A brief history starting 2008

Live Mint 20 Mar 2023

... interest rate hikes—and their colleagues around the world followed suit—banks pulled back from funding leveraged transactions and deal-making fell off a cliff, pulling exit and fund-raising totals down with it,” Bain & Company said in its recent Global Private Equity Report.

Edit

Brazil Is Not for Beginners

New York Observer 20 Mar 2023

Brazil’s largest private bank economist, Itaú’s Fernando Goncalves, recently discussed the balance of the country’s macroeconomic environment, from strong net dollar reserves that provide FX stability, to the challenges in fiscal policy and the likelihood of ongoing higher interest rates.

Edit

Interview: China presents attractive opportunities for foreign firms, investors, says banker

People Daily 20 Mar 2023

... said Nuno Matos, CEO of Wealth and Personal Banking of HSBC Group, in a recent written interview with Xinhua ... Matos noted that accelerating the expansion of wealth, private banking, insurance and asset management businesses is a strategic priority for HSBC in the Chinese mainland.

Edit

Credit Suisse: Down the Drain, or Converting Into a Bank for the People

GlobalResearch 19 Mar 2023

This may also be the opportunity to pave the way for the Powers that Be – not benevolent powers, as it were – to preparing the way for introducing Central Bank Digital Money (CBDC), at least starting in the Global North ... integrated and at the center of the global banking system.

Edit

China presents attractive opportunities for foreign firms, investors, says banker

China Daily 19 Mar 2023

Edit

Foreign debt rose by $4.84b to reach record $111b in 2022

Manila Standard 19 Mar 2023

The rise in the debt stock in the fourth quarter was driven by net availments of $1.8 billion with the national government’s issuance of $2.0 billion global bonds, while private sector banks sought external financing of $765 million to support relending activities and to service maturing obligations.

Edit

Development Finance Needs Creative Solutions. Rhino Bonds Are Just One Example.

Barrons 18 Mar 2023

David Malpass is president of the World Bank Group ... In the case of Vietnam, the $50 million proceeds are used to support the Bank’s sustainable development activities globally ... The Bank is also tapping private capital for the benefit of developing countries through catastrophe bonds.

Edit

Opinion: Development Finance Needs Creative Solutions. Rhino Bonds Are Just One Example.

Market Watch 18 Mar 2023

Edit

First Republic Bank stock slides despite $30B lifeline; SVB parent files for bankruptcy

Detroit news 18 Mar 2023

The market gyrations extend a week of extreme highs and lows in global banking, showing that markets remain unsettled about bank health despite several government and private-sector rescue packages in the United States and Switzerland, and repeated statements of confidence by the Western world's top financial regulators.

Edit

As IPOs keep scoring, will Gulf investors keep funds closer to home in 2023?

Gulf News 18 Mar 2023

In an interview, Georgios Leontaris, Chief Investment Officer for Switzerland and EMEA, HSBC Global Private Banking and Wealth, has his say on what’s likely ... Near-term concerns about the persistence of global inflation, the need for central banks to keep rates higher for longer as ...

Edit

SVB failure impact; Can NBFCs be the friend in need for cockroach startups?

Live Mint 18 Mar 2023

... at 8%, and private banks at 7%, as per JP Morgan report.According to Karan Desai - Founder of Interface Ventures, the funding winter for startups in India had become a reality prior to the recent announcement of Silicon Valley Bank, along with some other US banks going bust.

Edit

Leveraging DigitALL for MSMEs

Financial Express 18 Mar 2023

Technology for MSMEs ... Follow Us. By Navya Naveli Nanda and Madhura DasGupta Sinha. Technology for MSMEs ... How technology is paving the way for India’s rural manufacturing to go global. Mudra loans. Private, small finance banks lead MLIs in loans sanctioned to micro, small units ... How technology is paving the way for India’s rural manufacturing to go global.