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India guessing banker Rajan’s future

  AFP Will he stay or will he go? That’s the question gripping India as speculation whirls about the future of central bank chief Raghuram Rajan, dubbed ‘rock star’ and ‘James Bond’. Rajan’s three-year term as Reserve Bank of India (RBI) governor ends in September and the Indian media is abuzz with predictions about whether he will be given a ...

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Anti-trust regulators approve Bradesco to buy HSBC Brazil unit

  Bloomberg Brazil antitrust regulators approved Banco Bradesco SA’s acquisition of the local unit of HSBC Holdings Plc, adding a restriction that the buyer refrain from additional purchases for 30 months. Bradesco will also have to improve quality control, invest in worker training and disclose to its clients the local law that allows customers to switch banks, Cade, the antitrust ...

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Poland appoints economist as new central bank head

  AP Poland’s lawmakers have approved economist Adam Glapinski to be the nation’s new top banker. Glapinski succeeds Marek Belka, whose six-year term as head of the National Bank of Poland expired. The 66-year-old Glapinski is a member of the bank’s Monetary Policy Council and its board of managers, and is considered to be a moderate. He has vowed to ...

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