All articles by Kuldeep Jha
Kuldeep Jha
Lighter rules help US, UK banks add $1.3tn to balance sheets
In Europe, higher capital requirements for seven of the EU’s biggest banks are set to cut balance sheet capacity by €1.3tn.
Asia set to take big share of Citi’s global wealth recruitment
In an interview with Reuters, Sieg said the bank’s newly announced hiring drive would be “anchored” in Asia, alongside other regions.
India’s 360 ONE Asset looking to raise $500m for new credit fund
The fund will target wealthy individuals and family offices in India, along with overseas institutional investors.
Morgan Stanley gives Hong Kong bankers restricted devices for China travel
Five people familiar with the matter told the FT the devices have “limited functionality”, with access only to “work emails and online meeting apps”.
Standard Chartered to cut over 15% of roles by 2030 as AI drive expands
Chief executive Bill Winters said the changes would be felt across the bank’s global network, including hubs in Bengaluru, Shenzhen and Warsaw.
Standard Chartered appoints new group CFO
Separately, the banking giant also appointed Tanuj Kapilashrami as group COO.
Bain Capital closes $10.5bn Asia fund above target
Bain Capital’s Asia private equity business operates through an integrated regional platform covering Japan, India, China, Australia and Korea.
UK finfluencer content is mostly “low quality”, research warns
Only 8% to 9% of posts stated the creator’s relevant expertise. Just 12% to 13% included disclosures or disclaimers.
Citadel denies report linking Hong Kong staff moves to data security
In a statement to Private Banker International, the firm said it continues to recruit quantitative researchers in Hong Kong and Singapore.
Kevin Warsh confirmed as next Federal Reserve chair
Warsh is no stranger to the US central bank, having served on the Federal Reserve Board of Governors from 2006 to 2011.