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Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
India could lose a quarter of its economy by 2070 – here’s why
India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…
Hayley Cuccinello,Emmalyse Br…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
The risky allure of WiFi Money: private jets, sports cars, and ruined investors
A motley crew of Instagram-obsessed, hustle-culture influencers made millions. In their wake, they …
Rob Price
Budget 2024-25: Govt announces transit-oriented development plan for large cities
The government on Tuesday proposed a transit-oriented development plan for 14 large cities with a p…
PTI
I spent $38,000 to take my toy poodle on a private jet to Japan. I want to plan a trip for my other dogs next.
It was the toy poodle's second trip to Japan this year. The first one was on a commercial airline a…
Faye Bradley
Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know
India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…
America's big cities are about to run out of money
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …
Emily Stewart
I moved to Tokyo to open a bar last year. I'd already lived in a few cities across Asia, but moving was harder in my 30s.
British bartender Holly Graham lived in Thailand, South Korea, and Hong Kong before moving to Tokyo…
Holly Graham
Bankers say private capex will take one more year to revive
Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…
PTI
China officials are reportedly pushing banks to rush loans to cash-strapped real estate developers
Cash-strapped property developers may be getting a lifeline from banks as they approve loans faster…
Phil Rosen
An embattled oil tycoon is selling a mansion in Singapore for $32 million. It's one of the city's status-symbol houses that business leaders covet.
TikTok CEO Shou Zi Chew and billionaire James Dyson are among the ultrawealthy who own a Good Class…
Amanda Goh
A 25-year-old private-equity associate died in midtown Manhattan on Monday. His father said that the cause of death was suicide.
The police found Drew Miller's body outside a large apartment complex in midtown on Monday. His fat…
Reed Alexander
Small airports are magnets for the wealthy: Here are the 8 most popular for private jets
Martha's Vineyard, Cape Cod, Jackson Hole: These and five other small cities attracted the most pri…
Taylor Rains,Grace Kay
Everything you need to know as JPMorgan, Citi, Goldman Sachs, and other big banks report earnings
As we embark on yet another season of bank earnings, these are the hot topics that will likely come…
Dan DeFrancesco
Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress
Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…
Kotak Bank gets RBI nod for acquisition of microlender Sonata Finance
Kotak Mahindra Bank on Friday said the Reserve Bank has given approval for its Rs 537-crore acquisi…