 | | | | Lebanon's banking association announced on Friday that banks would go on strike starting on Monday over what of the banking it said was a build-up of "populist, harmful stances" taken against the sector. | | | | | | The Brazilian subsidiary of Credit Suisse Group AG has named Marcello Chilov as its new CEO, the bank said on Friday. | | | | | | Talk of changes to the Bank of England's powers has revived a debate on whether central banks should be independent of governments and in what way. | | | | | | India's financial crime-fighting agency said on Friday that it has frozen the assets of WazirX, owned by the world's largest digital currency exchange Binance, as part of its investigation into suspected violation of foreign exchange regulations. | | | | | | Britain's financial watchdog said on Friday it has fined Christopher Gent 80,000 pounds ($97,104) for unlawfully disclosing inside information in 2018 when he was non-executive chairman of medical technology company ConvaTec. | | | | | | Tiger Global, one of the world's largest hedge funds, saw its flagship fund fall by 50% in the first half of the year after it underestimated the impact of a surge in global inflation on markets, according to letter to investors. | | | | | | British asset manager and life insurer Royal London (ROLGPI.UL) said on Friday that the European gas crisis may mean companies it invests in reverse course on responsible investment policies in the near term, but divesting was a last resort. | | | | | | India's Pine Labs is targeting $4 billion to $5 billion in monthly transactions within two years for its new online payments business, its chief executive told Reuters. | | | | | | HSBC has appointed Sandeep Pahwa as head of capital financing and investment banking coverage for South Asia, according to a memo seen by Reuters. | | | | | | Italian state-owned bank Monte dei Paschi di Siena (MPS) said on Friday another four banks had joined the consortium of lenders that are expected to support an upcoming 2.5 billion euro ($2.6 billion) new share issue. | | | | | |
