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HSBC exit makes Matos one of Europe’s most sought-after bankers

HSBC exit makes Matos one of Europe’s most sought-after bankers

  • Business

As HSBC Holdings Plc’s top executives queued up last month to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably absent from the social media toasts: Nuno Matos.His disappointment was understandable. Having reached the final round of the appointment process to replace Noel Quinn as

India’s economic growth faces headwinds as economists cut forecasts

India’s economic growth faces headwinds as economists cut forecasts

  • Business

India’s economy grew at a slower pace last quarter than expected, with risks to the outlook mounting and pressure building on the central bank to cut interest rates.Gross domestic product rose 6.7% in the three months to June from a year earlier, the Statistics Ministry said Friday — the slowest pace in five quarters and

PB Fintech emerges as top global fintech performer with 110% surge in 2024

PB Fintech emerges as top global fintech performer with 110% surge in 2024

  • Business

A surge in PB Fintech Ltd. has turned the Indian stock into the world’s best-performer this year among major financial technology firms as green shoots emerge in unsecured lending after a central bank crackdown.The shares have risen about 110% in 2024, the most among companies with a minimum $1 billion market value in the 52-member

Trump Suddenly Downplays Economy’s Significance…

Trump Suddenly Downplays Economy’s Significance…

  • Business

Republican nominee Donald Trump cast doubt on the economy as the most important election issue, one in which he has a significant voter trust advantage over his rival, Kamala Harris, who is planning to make a speech about consumer prices later this week.“Now this is a little bit of a different day, because we’re talking