Global Banks

The Wall Street lender shifted the jobs in phases over the past few months after it reduced staffing in China as part of a broader global overhaul

Global banks may push back on RBI’s offshore swap reporting plan

Complying with RBI's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities

Adani's airport unit seeks $750 million loan from global banks

Lenders include Barclays Plc, First Abu Dhabi Bank PJSC and Standard Chartered Bank Plc, said the people, who asked not to be identified as the information is not public. The proceeds would fund capital expenditure and refinance dollar debt due in September. The unit aims to conclude the debt raise by early May, they added.

UBS names heads from Credit Suisse for Asia global banking team

Kuan-Ern Tan, former co-head of investment banking for Asia-Pacific at Credit Suisse, has been named co-head of Asia coverage with John Lee, the existing head of Greater China.

Adani trumpets stable ties to global banks in bid to ease investor worries

Led by billionaire businessman Gautam Adani, the group's seven listed stocks have lost about $120 billion in market value since a Jan. 24 report by Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation, allegations the group has denied.

3 reason why Archegos Capital fire sale can have limited impact on Indian market

The overall damage can be large resulting in losses of some of the global banks up to the extent of $10-50 billion, says Gupta. India has one of the most stringent risk management and margin requirement norms in the world for trading in equity derivatives.

Global banks warn of possible losses from hedge fund default

Credit Suisse didn't identify the significant hedge fund or the other banks affected, or give other details of what happened. News reports identified the hedge fund as New York-based Archegos Capital Management.

Markets threatened with instability if Libor is abolished: Global banks

The plaintiffs have said they want Libor to be either prohibited or set at zero with borrowers repaying capital but not interest. However, according to attorneys with banks, regulators have warned that even a small hindrance to Libor could devastate financial markets.

Offshore units come under Sebi lens for share manipulations

Top officials said the regulator is closely looking at possible instances where share prices of companies listed in the domestic stock market are being manipulated through offshore centres of foreign banks.

ATM heist: India's IT sector in unwelcome spotlight

India's USD108 billion IT services industry is the world's favoured destination for outsourcing but a breach of security at two payment card processing companies in India, led to heists at cash machines around the world.

Davos 2013: Banks try to put past sins behind them at Davos

Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still don't trust them.

Are big trading houses too big to fail?

The global financial crisis of 2008-09 made clear that large global banks, such as Goldman Sachs, are just too big to fail. Could a future crisis in the commodities market reveal that trading houses such as Glencore pose a similar problem?

As offshoring grows, banks grapple with oversight

Global banks that ship increasingly sensitive and sophisticated work overseas to save costs will be forced to step up oversight of back office operations after industry scandals point to lapses involving offshore units in India.

As offshoring grows, banks grapple with oversight

Global banks that ship increasingly sensitive and sophisticated work overseas to save costs will be forced to step up oversight of back office operations after industry scandals point to lapses involving offshore units in India.

After HSBC, StanChart's India outsourcing under US scanner

Outsourcing of key oversight jobs by global banks to India has come under the scanner for the second time in less than a month for exposing the US financial system to terrorists and money laundering risks.

Companies assess bank relations after Moody's move

In the weeks leading up to Moody's downgrade of major global banks, corporate treasurers quietly acccelerated their own reviews of where to put their bank deposits, who they trade swaps with and who they borrow from.

Real estate will recover once economy stabilises: Godrej

With no clarity on policy and an impending slowdown in growth, what does the corporate sector look like? Adi Godrej, tycoon and chairman of Godrej Industries joins CNBC-TV18 to provide reprieve to the flared nerves.