What next for one of India’s biggest banks after top two leaders quit?
Resignations of chair and chief in span of less than six months lay bare corporate governance issues at HDFC Bank
UK
Billionaire trader Rokos to leave UK for Greece
Hedge fund manager’s earnings have made him one of Britain’s biggest individual taxpayers
Deutsche Bank settles €152mn lawsuit with former executive
Dario Schiraldi was one of six bankers convicted — and later acquitted — over trades linked to Monte dei Paschi di Siena
China pumps $54bn into banks and insurers
Beijing widens recapitalisation plan to more state-controlled institutions in bid to boost financial performance
Guggenheim unit warned over internal controls
Plus, university endowments beat S&P, Japan’s carry trade, Renoir at the National Gallery
Tax losses have become a hot property in sports M&A
Should BC Partners win the LIV Golf auction, it will be in possession of tax-offsetting firepower
FNZ: the Credit Suisse spinout haemorrhaging cash
Wealth management software company plots US expansion and profitability but is once again asking investors for help
Big US university endowments outperform S&P 500 index
Substantial weightings in tech groups such as SpaceX help lift returns after several years of lagging behind market
Insurers pile on risk as payouts fall to lowest level in 20 years
Industry braces for downturn as influx of capital into property and casualty insurance pushes down premiums
UBS demands new junior bankers show AI proficiency
Graduates and interns hoping to join Swiss bank must show they can use the technology to improve outcomes and efficiency
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