HSBC has taken a drastic approach to cost-cutting under its new chief executive, Georges Elhedery, by terminating investment bankers on the day they were scheduled to receive their bonus figures—without awarding them
China is grappling with a significant economic transformation, one that echoes the “China shock” the country itself unleashed on other manufacturing nations in the early 2000s. Once the world’s dominant force in
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Fitch Ratings has reaffirmed the credit rating of Adani Ports and Special Economic Zone Limited (APSEZ) but maintained a Negative Outlook, citing ongoing governance concerns and financial instability within the Adani Group.
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SoftBank has agreed to acquire chip start-up Ampere Computing for $6.5 billion, marking a significant step in founder Masayoshi Son’s drive to expand SoftBank’s role in the artificial intelligence (AI) space. The
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NDB Bank recently collaborated with Asian International School (AIS) for the inaugural Law Day—“Law Chronicles”—an interactive event designed to engage students aged 12 to 18 in understanding fundamental legal concepts. The event
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Five years after the Covid-19 pandemic reshaped economies and financial markets, investors face a radically transformed landscape marked by inflation, geopolitical tensions, and rising debt burdens. While central banks have managed to
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India’s fifth-largest private lender, IndusInd Bank, is facing increasing scrutiny following a series of red flags that have rattled investors and regulators alike. As reported by the Financial Times, the crisis was
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NDB Bank marked International Women’s Day by hosting the Araliya Medical Camp, a special event that brought together around 200 Araliya Women’s Account holders at the Bank’s premises on 8 March. This
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KPMG, one of the world’s largest accounting firms, is set to undergo a major restructuring by merging dozens of its national partnerships in an effort to streamline operations and bolster global competitiveness.
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Amid India’s push to become a global manufacturing hub and attract foreign investment, businesses operating in the country are raising concerns over complex tax regulations and bureaucratic hurdles. The issue has been
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NDB Bank is excited to introduce ‘NDB Pixel,’ an innovative digital banking solution designed specifically for Sri Lankan teenagers aged 13 to 18. This initiative marks a significant step toward fostering a
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