Latest News for: Global private banking


RBI to maintain pause on interest rates over GDP print, softer inflation: Key indicators to watch

Live Mint 08 Jun 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das will unveil the second monetary policy of the new financial ... In its Global Global Economic Prospects report, the World Bank attributed the constrained private consumption due to high inflation as the main reason for slowdown.

India's economic growth expected to slow to 6.3% in FY2023-24: World Bank

Indian Express 07 Jun 2023
Growth in India is expected to slow to 6.3 per cent in FY 2023\/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services.

SWIFT and Chainlink Unveil New Blockchain Integration Solutions for Banks

Crypto Economy 07 Jun 2023
SWIFT, the global financial messaging service, and Chainlink, a leading provider of real-world data to blockchains, have announced their collaboration to test the integration of public and private blockchains for global banking ... Promising Future for Banking and Blockchain Integration.

Bank of Botswana Seeks Inspiration from RCBC's Digital Success

Manila Bulletin 07 Jun 2023
RCBC is the only private universal bank in the country with the most extensive reach through its RCBC ATM Go network covering all 82 provinces nationwide with over 1,400 terminals deployed at the end of 2022 and is poised to grow to 10,000 units or a projected year-on-year growth of 614%.

Energy Capital Partners and Former GIP Credit Partners Launch ECP ForeStar Sustainable Credit Platform

The Joplin Globe 07 Jun 2023
He brings over 35 years in investment banking and private credit, serving as a partner at Global Infrastructure Partners (“GIP”), where he spent over 10 years and launched its first mezzanine credit fund, Capital Solutions I (or CAPS) and then partnered with Jennifer in further ...

“Economic cooperation”: Rising interest rates will weaken global economic growth

The Eastern Herald 07 Jun 2023
interest by major central banks over the past year on private investment, starting with the housing market ... In turn, the World Bank had raised its expectations for the growth of the global economy in the current year from 1.7%, according to its expectations published in January, to 2.1%, in its latest report.

IFC, Fosun to improve healthcare access in Africa

China Daily 07 Jun 2023
Under the partnership, IFC, a member of the World Bank Group and the largest global development institution focusing on the private sector of emerging markets, will provide subsidiaries of Fosun Pharma with loans totaling 50 million euros ($53.58 million) to support the ...

World Bank trims GDP growth forecast of India to 6.3% in FY24

Live Mint 06 Jun 2023
Nevertheless, it expects India to continue to be among the fastest-growing economy. In its Global Global Economic Prospects report, World Bank explained that the slowdown is attributed to private consumption being constrained by high inflation and rising borrowing costs, ...

SWIFT and Chainlink collaborate for banking blockchain integration

BTC Manager 06 Jun 2023
SWIFT, the global financial messaging service, is partnering with major banks and Chainlink, a web3 infrastructure provider, to test the integration of public and private blockchains for global banking ....

Morgan Stanley plans move to new Singapore office

Taipei Times 06 Jun 2023
He confirmed the plan to lease five floors at the new development from late next year, with the location to serve as the bank’s headquarters for Southeast Asia ... A boom in private banking, family offices and other financial services during the COVID-19 pandemic has bolstered demand for swanky offices in the city-state’s central business district.

Sensex ends flat dragged by IT stocks, Nifty at 18,600

The Times of India 06 Jun 2023
Indian equity markets recovered from lows but ended flat on Tuesday, after a 2-day rally as a slide in IT stocks overshadowed the gains in auto and private bank stocks amid hopes of ...

J.P. Morgan Private Bank releases Mid-Year Investments Outlook

Victoria Advocate 05 Jun 2023
Morgan Private Bank ... Clients of the Private Bank work with dedicated teams of specialists that bring their investments and financial assets together into one comprehensive strategy, leveraging the global resources of J.P ... The Private Bank oversees more than $2 trillion in client assets globally ... Morgan Private Bank.

William Blair Adds Two Senior Hires to Growing Private Capital Advisory Team

The Joplin Globe 05 Jun 2023
William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today the continued expansion of the firm’s Private Capital Advisory investment banking practice with the addition of two senior hires.

Calamos Wealth Management expands capabilities with addition of Chief Investment Officer and Chief Wealth Strategist

Longview News-Journal 05 Jun 2023
Adams, a CFA with more than two decades of investment experience in multi-asset portfolio management, was most recently in the "Global Wealth at Work" vertical of Citi Private Bank, where he was responsible for the delivery of comprehensive investment strategies ... Bank Private Wealth Management.

When it comes to your Wall Street internship, revert to the mean

Business Insider 05 Jun 2023
Wall Street's summer internship is officially here as investment banks open up their doors to eager college students ... Banks were built on red-tape and corporate politics ... Nishi Somaiya, the global head of private banking, lending, and deposits at Goldman Sachs, got a shoutout from John Waldron, the bank's COO, during a recent speech.

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This handout photo released by telegram channel of Belgorod region governor Vyacheslav Gladkov shows the side damaged apartments building near the crater after an explosion in Belgorod, Russia, Friday, April 21, 2023.
AP / Telegram Channel of Belgorod Region Governor Vyacheslav Gladkov