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British officials worked throughout the weekend to find a buyer for the UK subsidiary of the California-based bank that failed last week

HSBC acquires Silicon Valley Bank UK arm for one pound

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HSBC buys UK subsidiary of collapsed Silicon Valley Bank Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed...
Sound policies of RBI, adherence to international regulatory norms provide Indian banking system the resilience to face the bolt of the turbulent Western winds

Amid looming global banking crisis, Indian banking system shown impressive resilience

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India is well-positioned to tackle the impact of the current US banking crisis and interest rate hikes: CRISIL report Amid the collapse of US-based tech...
The incentives in bank regulation are so messed up and so many people have an interest in having them messed up … it’s totally crazy, says Buffet

Executives who led US banks into crisis should face ‘punishment’: Warren Buffett

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Warren Buffett slams US Govt handling of bank failures As the American economy grapples with the worst series of bank failures since the 2008 financial...
If ISIS Inc. was headquartered in Silicon Valley, it would be considered one of the top private companies in the US

Bank of ISIS and how to bankrupt it

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When you think of ISIS, forget the image of balaclava-clad men, with kalashnikovs screaming “Allahu Akbar”. Think of a carefully managed startup that has,...
IMF had projected India's GDP to grow at 5.9% in the current fiscal while the World Bank pegged it at 6.3%

India’s growth to hold at 5.8%; will be fastest growing major economy: UN

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India continues to be ‘the bright spot’ in the world economy with ‘many positives’, the inflation has come down significantly On Tuesday the UN said...
With AI competition intensifying, OpenAI’s latest innovations and geopolitical AI strategies will play a crucial role in shaping the future of the industry

OpenAI unveils “Deep Research” tool amid rising AI competition from China’s DeepSeek

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OpenAI introduces advanced ChatGPT tool in Tokyo On Monday, US tech giant OpenAI unveiled a new ChatGPT-powered tool called "Deep Research" ahead of high-level meetings...
Top Court criticized home buyers of Amrapali projects managed by NBCC for not taking possession of flats, threatening to cancel bookings

Amrapali project: Sell flats of buyers who are not turning up for possession, says...

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SC orders sale of unclaimed home buyer's flats of Amrapali projects Saying bookings will be cancelled and flats will be sold to other buyers, the...
Decline Of San Francisco

The decline of San Francisco: Unraveling the challenges that are hindering its success

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San Francisco faces a serious threat The history of San Francisco is a rich and diverse tapestry that dates back a couple of centuries. From...
Quite unlike in 2008 when the US Fed denied the existence of the housing bubble, Powell has been more realistic this time around

Powell’s “Subprime is Contained” Moment

Bernanke got the subprime crisis wrong? “Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007. Bernanke, the then Chair of the Federal Reserve had...
This time, 11 out of the top 25 companies are from the IT and service industry

TCS, Accenture & Cognizant lead LinkedIn’s ‘2022 Top Companies’ India list

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Digital transformations led by top 3 firms TCS, Accenture & Cognizant: LinkedIn On Wednesday, as per reports published by Microsoft-owned LinkedIn, IT companies lead the...

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