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HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Finance

30 June, 2020

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data ......

Frustration, fear and family: lockdowns test investment bankers

Finance

25 June, 2020

Frustration, fear and family: lockdowns test investment bankers

Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and ......

Coronavirus crisis a window of opportunity for bankers to the rich

Finance

14 May, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra-rich clients ......

Dash for cash as most investors expect drawn-out recovery: BofA survey

Finance

14 April, 2020

Dash for cash as most investors expect drawn-out recovery: BofA survey

Investors have been hoarding cash at a rate not seen since the immediate aftermath of the 9/11 attacks of 2001, ......

Global M&A dwindles as coronavirus batters world's economies

Finance

31 March, 2020

Global M&A dwindles as coronavirus batters world's economies

Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating ......

Swiss impact investor responsAbility hits first close of climate debt fund

TMT

14 January, 2020

Swiss impact investor responsAbility hits first close of climate debt fund

Zurich-based impact investor responsAbility Investments AG has launched a climate debt fund focussed on emerging countries and markets, with a ......

Citi's corporate banking arm aims to pick up steam as market cools down

Finance

14 January, 2020

Citi's corporate banking arm aims to pick up steam as market cools down

When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate bankers ......

Bank of America seals its biggest distressed asset deal in India

Finance

20 March, 2019

Bank of America seals its biggest distressed asset deal in India

Bank of America has sealed its biggest deal in India's stressed assets segment, with the investment banking giant buying bad ......