HDFC Mutual Fund files for India’s first Sovereign Green Bond MF
The first Target Maturity Funds tracking Sovereign Green Bonds (SGrBs) in India have been filed by HDFC Asset Management Co…
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UBS offers retention packages to Credit Suisse Asia wealth bankers, says report
According to two people with knowledge of the situation, UBS promised retention benefits to Credit Suisse wealth management employees in…
Taiwan central bank unexpectedly raises rates, cuts GDP forecast
TAIPEI: On Thursday, Taiwan’s central bank lowered its projection for the island’s economic growth this year and unexpectedly increased its…
SNB rises key rate by 50 bps, a further rate hike of 25 bps expected in June – Commerzbank
The main deposit rate was increased by the Swiss National Bank (SNB) by 50 basis points to 1.50%. The benchmark…
Fed delivers small rate hike, says ‘some additional’ tightening possible
The Federal Reserve increased interest rates by a quarter of a percentage point on Wednesday, but it also signalled that…
ECB’s Muller: The central bank should likely raise rates by a little
Madis Muller, a member of the Governing Council of the European Central Bank (ECB), stated on Thursday that “the ECB…
America’s banks are missing hundreds of billions of dollars
It is simple to comprehend how money is wiped out in a conventional bank run. Think of the “Mary Poppins”…
Sterling to suffer notably if the BoE stands pat – Commerzbank
According to experts at Commerzbank, if the Bank of England (BoE) decides to suspend its rate hike cycle after its…
RBI issues annual closing advisory, asks agency banks to keep branches open
The Central Bank of India stated on Tuesday that all agency banks shall open their authorised branches for over-the-counter transactions…
SBI share price may give up to 40% return in long term, says Motilal Oswal
After reaching a record high of $629.55 per share on the NSE in December 2022, the share price of State…