Emirates NBD stays in IDBI Bank bidding despite $3bn RBL Bank deal
Emirates NBD Continues Interest in IDBI Bank Acquisition Emirates NBD, the Dubai-based lender, remains an active participant in the bid to purchase a stake in IDBI Bank. This follows the announcement of an agreement to purchase a 60% stake in RBL Bank for $3bn. According to sources cited by CNBC-TV18, Emirates NBD has not withdrawn […]
A ‘regulatory sandbox’ model would keep fintech innovation in the US
Introduction As financial technology continues to evolve, the need for a regulatory landscape that encourages and fosters innovation becomes an imperative. Big banks such as JPMorganChase have started piloting deposit tokens for institutional payments, demonstrating the growing prominence of digital assets in mainstream finance. However, for smaller fintechs, the existing regulatory structure can often act […]
Why investment bankers on H1B visas are getting outshined by Indian colleagues
Investment Banks and H1B Visas in India We’ve recently launched a new weekly video series to provide a more in-depth look at one story to give you a comprehensive understanding. Today, investment banks employ thousands of employees on H1B visas, mainly from India. In their Indian offices, they have hundreds of thousands of employees. With […]
ECB’s Elderson welcomes debate on simplification
European Central Bank Advocates for Reduced Regulatory Complexities The Vice-Chair of the European Central Bank’s supervisory board, Frank Elderson, has made a persuasive case for the continuous efforts to reduce regulatory complexities in Europe. This remark was made during his address at the ECB’s forum on banking supervision on November 14th. Regulatory Simplification: A Necessity […]
These 4 banks are finding employee-centric uses of AI
The Emergence of AI in the Banking Sector Artificial Intelligence (AI) is making waves across various industries, and banking is no exception. The use of AI in this field is not aimed at replacing the workforce, but rather supplementing their efforts, according to Indranil Bandyopadhyay, a principal analyst at Forrester. AI-powered tools are automating mundane, […]
BNY launches stablecoin reserve fund
BNY Mellon Launches New Stablecoin Reserves Fund The Bank of New York Mellon (BNY) has recently announced the launch of a new money market fund, the BNY Dreyfus Stablecoin Reserves Fund. This innovative fund is designed to support the rapidly growing digital asset industry and take advantage of the recent regulatory allowances for banks to […]
Banking Center Region Relationship Banker 2
Embark on a Meaningful Career Journey at Webster Webster has been a beacon of financial fortitude and trust since its inception in 1935. From its humble beginnings, the bank has always been committed to putting people first, be they individuals, families, or businesses, helping them achieve their financial goals. This commitment extends to the bank’s […]
Citi widens private credit net beyond Apollo deal with new role
Citigroup Expands Private Credit Reach with New Hire Citigroup Inc. is taking a significant step in expanding its presence in the multitrillion-dollar private credit market with the hiring of Aashish Dhakad from Ares Management Corp. Dhakad will assume the role of head of private credit origination for North America, focusing on sourcing deals from corporate […]
Financial Advisor – SouthState Bank
Your Career Path Should Lead to Real Opportunity Today’s dynamic financial world demands expertise, innovation, and adaptability, with professionals who can guide us through the maze of investment opportunities. The role of a Financial Advisor has never been more critical, and this is where your career path can lead to real opportunity. This opportunity lies […]
Bank Financial Services Representative (Personal Banker)
An Overview of First Citizens Bank First Citizens Bank stands as an epitome of stability, family values, unique opportunities, and community service. With a rich history extending over 120 years, the bank is not only a financial institution but a significant part of countless success stories. The bank continues to grow and expand its presence, […]