Morgan Stanley's regional head for the Middle East and North Africa (MENA) Sammy Kayello is stepping down, the bank said in an internal memo, though he will remain with the business as a senior adviser at the Wall Street bank.
Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow are chafing under Western sanctions.
Goldman Sachs Group Inc. has restructured its assets in Russia, the RBC daily reported on Monday, citing two investment market sources, a move that could take the U.S. bank closer to a full exit from the country.
State-run Life Insurance Corporation (LIC) , India's largest insurer, is reviewing Adani Group's response to scathing criticism by a U.S. short-seller and will hold talks with the group's management within days to seek clarifications.
Legal & General Chief Executive Nigel Wilson is retiring after more than a decade in the top job but will remain in the post until a successor takes the helm, the British insurer and pensions provider said on Monday.
Visa Inc said on Friday the antitrust division of the U.S. Department of Justice had issued investigative demand earlier this month seeking documents and information about U.S. debit card practices and competition with other payment networks.
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic boom.
