World News by Wild Rose

Goldstone Capital Limited, a shareholder in Banca Monte dei Paschi di Siena SpA backed by Qatari investors, said it supports Intesa Sanpaolo SpA’s takeover bid for the Tuscan lender, emerging as the latest investor to support the deal.

The bank recorded its highest-ever net interest income of ₹1,116 crore with a growth of 37.95% on a year-on-year (y-o-y) basis.

Risk aversion is set to dominate markets in coming weeks as investors seek shelter from higher interest rates and volatility around US midterm elections and the AI trade, according to Bank of America Corp.’s Michael Hartnett.

India’s central bank said its recent derivative restrictions will only apply to deals for hedging forex risk and not for market-making, providing a clarification after sharp swings in currency forward markets.

President Daniel Chapo wants 11% of BCI, Mozambique's most important domestic bank, reserved for citizens and staff as Portugal's BPI sells its 36% stake. The post Mozambique Plans 11% Bank Stake for Citizens appeared first on The Rio Times.

Japan’s biggest bank is tentatively getting back into the country’s benchmark government bonds, even as it remains concerned that yields could further spike due to fiscal and monetary policies in the nation.

Bank of America, the second-largest US bank, failed to promptly report hundreds of millions of dollars in suspicious transactions bearing signs of Chinese money-laundering networks, US regulators said on Tuesday, announcing more than US$1.21 billion in penalties for broader anti-money-laundering and sanctions failures. The Financial Crimes Enforcement Network, or FinCEN, said the activity included large wire transfers to counterparties in China, repeated credit-card purchases at major retailers...

European Union bank bosses watching Wall Street rivals reap the benefits of US President Donald Trump’s deregulation drive can expect the EU to find ways to deliver some rule relief as soon as next year, according to the head of the bloc’s banking regulator.

Hong Kong’s sole yuan clearing bank plans to issue interbank negotiable certificates of deposit in the mainland market, another step in Chinese authorities’ efforts to strengthen the city’s role as a hub for yuan business.

Billionaire banker Uday Kotak said India should allow its currency to find its own footing, arguing that uncertainty over policymakers’ intentions can keep markets guessing as global capital flows shift.

Gold jewellery worth ₹1.45 crore was recovered from Suribabu, says SP

Turkey’s state-run lenders Ziraat Bankasi and Halkbank applied for regulatory approval to transfer their Islamic banking units to a Turkey Wealth Fund subsidiary TVF Katılım Finans Yatırımları AS, according to public filings.

A Suriname lawmaker says banks still treat Marowijne district as a war zone and give small firms smaller loans at higher interest. The post Suriname Lawmaker Says Banks Limit Marowijne Loans appeared first on The Rio Times.

Justice V. Lakshminarayanan says banks cannot prevent defaulters, not facing any criminal charge, from going abroad

A selloff in shares of European banks resumed on Wednesday, with the likes of Societe Generale SA and Deutsche Bank AG tumbling more than 5%, as mounting fears over political turmoil sent bond yields higher.

Banking apps from Mox Bank, Bank of China (Hong Kong) (BOCHK), ZA Bank and Citibank Hong Kong are among the top 10 in Asia-Pacific, according to a Sia Partners study exclusively previewed by the South China Morning Post. Sia, an international consulting firm, assessed 145 banking apps in 20 markets in Europe, Asia and Australia using 100 criteria, including functionality, user experience and feedback, with each receiving a score from 0 to 100. The app from digital lender Mox Bank – backed by...

Andreas Meletiou, CEO of Bakai Bank Hong Kong, says the lender chose Hong Kong for its strong links to Central Asia and its position as a leading global financial hub. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)

He calls it ‘politically motivated and intended to wreck the bank’, while a plea is pending before Co-operative Audit Director to review audited figures

Intesa Sanpaolo SpA’s takeover offer for Banca Monte dei Paschi di Siena SpA won the backing of the target’s biggest shareholder, boosting Chief Executive Officer Carlo Messina’s chances of clinching one of Italy’s largest bank deals ever.

Moving to Trinidad and Tobago in 2026 means securing a work permit first, then a BIR number, housing, banking and health cover in your first 90 days. The post Moving to Trinidad and Tobago 2026, Step by Step appeared first on The Rio Times.

Tokyo, Oct. 2 (Jiji Press)--Three regional banks based in northeastern Japan--Aomori Michinoku Bank, Bank of Iwate and Akita Bank--are moving toward talks on a management integration. Procrea Holdings Inc., parent of Aomori Michinoku Bank, as well as Bank of Iwate and Akita Bank, said Friday that they would submit proposals to begin such talks to their respective boards the same day. The ...

O ex-banqueiro Daniel Vorcaro, dono do Banco Master, prestou depoimento à Polícia Federal (PF) na tarde desta quarta-feira (30) e negou qualquer participação em atos violentos ou de caráter intimidatório contra desafetos. Ele negou participar, ou até mesmo conhecer, a existência dos grupos denominados como “A Turma” ou “Os Meninos”. “Com o efetivo acesso da Defesa ao inquérito que investiga a suposta existência de grupos como ‘A Turma’ ou ‘Os Meninos’, ficou comprovado que tais expressões jamais designaram grupos específicos ou estruturas organizadas, evidenciado que não há qualquer tipo de ilicitude ou prática criminosa que possa ser atribuída a Daniel Vorcaro”, afirmou a defesa do ex-banqueiro, em nota. Notícias relacionadas:CVM multa Vorcaro em R$ 20 milhões por fraude em fundo imobiliário.Defesa de Daniel Vorcaro pede revogação de prisão preventiva a Fachin.Mendes quer identificação de ministros citados no caso Master.A existência desses grupos foi descoberta pela PF a partir de mensagens extraídas do celular do próprio Vorcaro. As evidências sobre as atividades ilícitas do grupo se avolumaram com o avanço das investigações, incluindo conversas obtidas no celular do policial federal aposentado Marilson Roseno da Silva. Na época da prisão de Vorcaro, o relator do caso no Supremo Tribunal Federal (STF) à época, ministro André Mendonça, descreveu "A Turma" como uma “estrutura utilizada para realizar atividades de monitoramento e coleta de informações de interesse do grupo investigado, bem como pela prática de atos de coação e intimidação de pessoas”, dentre as quais concorrentes empresariais, ex-empregados e jornalistas. O grupo chegou a discutir simular um assalto para “quebrar todos os dentes” do jornalista de O Globo, Lauro Jardim, que teria publicado notícias que desagradaram Vorcaro.  Segundo a PF, o grupo era comandado por Henrique Vorcaro, pai de Daniel. As investigações apontaram ainda que Luiz Phillipi Mourão, conhecido como Sicário, atuava como uma espécie de gerente desses grupos. Sicário À polícia, Daniel Vorcaro afirmou conhecer apenas Mourão. Segundo os advogados do ex-banqueiro, ele relatou à PF que tinha com Mourão “contrato formal e lícito de prestação de serviços de inteligência e segurança digital”. Sicário chegou a ser preso em fase anterior da Operação Compliance Zero, mas cometeu suicídio na cela da superintendência da PF em Belo Horizonte.  O depoimento de hoje do ex-banqueiro foi marcado para tratar justamente das atividades desses grupos. Segundo seus advogados, nunca houve ameaça ou risco à integridade física de outras pessoas. “Eventuais desabafos, oriundos de recortes maliciosos de mensagens privadas, proferidos em momentos de indignação, jamais redundaram em consequências práticas ou em qualquer risco real a terceiros, o que fica comprovado na própria sequência completa das mensagens, na realidade fática verificada e no perfil pacífico de Daniel Vorcaro”. A defesa de Vorcaro pediu, ainda, a soltura de seu cliente. Para os advogados, não há mais motivos para o empresário aguardar o desfecho das investigações preso. “Não resta dúvida de que os motivos que ensejaram a prisão não mais persistem”. Henrique Vorcaro O pai de Daniel Vorcaro também prestou depoimento à PF nesta quarta-feira. À polícia, negou ser o articulador do grupo conhecido como “A Turma” e afirmou ter tido apenas relações comerciais com três dos integrantes do grupo. Também em nota, a defesa de Henrique Vorcaro reclamou da manutenção da prisão de seu cliente e da falta de decisões no âmbito do processo no STF. Afirma que não há relator que decida a respeito e que pedidos feitos ao ministro André Mendonça, ainda quando era relator do caso na Corte, não tiveram resposta.

Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio said he’s confident shareholders in his bank as well as the two lenders he seeks to acquire will recognize the value of his twin takeover offers.

Capitec Bank Holdings Ltd.’s first-half profit and interim dividend jumped to a fresh record as higher fee and commission income at South Africa’s biggest bank by clients lifted revenue.

HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way for Hong Kong’s biggest lender to make the coin available to the more than 3.3 million users of its PayMe app for money transfers, shopping and dining. When launched before the end of the year, the stablecoin would be offered only through PayMe and HSBC’s Hong Kong mobile banking app, HSBC said. The bank said it was optimistic about retail usage of HSBC RedCoin, as 74 per cent of respondents to a survey of more than...

COLOMBIA · BANKING & MONEY Key Facts —The plan Revolut’s Colombian chief Diego Caicedo set out a five-year build-out on Monday 21 September: 1,000 ATMs, a customer pilot before the end of 2026 and a progressive public opening in the first half of 2027. —The licence The Superintendencia Financiera granted Revolut a full Colombian banking […] The post Revolut Colombia Plans a 2027 Launch and 1,000 ATMs: What Expats Need to Know appeared first on The Rio Times.

Societe Generale lifted its profitability target as lifted the lender’s profitability target aims to cut costs and boost investor payouts with a new strategy. The French lender increased the goal for its return on tangible equity to between 13% and 14% in 2029 and to more than 15% after that, according to a statement Monday. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)