Chinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments rather than issuing loans, a surge that bankers and analysts said reflected financial institutions’ wariness about the country’s slowing economy. The rise in demand for banker’s acceptances, which are guaranteed by their […]
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Restaurant Brands International Inc. QSR is likely to benefit from digital initiatives, solid comps growth and menu innovation. Also, focus on expansion initiatives bodes well. However, pandemic-induced soft traffic is a concern. Let us discuss the factors highlighting why investors should retain the stock for the time being. Factors Driving […]
India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which acts as regulator […]
For the last two decades, the worst punishment that federal financial regulators seemed willing to impose was forcing companies caught repeatedly violating the law to admit they had done something wrong. Rohit Chopra, the director of the Consumer Financial Protection Bureau, says regulators should go much farther: He wants banks […]