Saturday , 3 January 2026

Recent Posts

HSBC’s new chief open to asset management deals

Bloomberg HSBC Holdings Plc’s new Chief Executive Officer John Flint says he’s exploring all options for the lender’s asset management unit, including a merger, to create a larger player that can compete better as the industry consolidates. “We continue to do a lot of work around asset management, to explore all the options, but it’s too early to give any …

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How a $1.8 billion Indian bank fraud lasted seven years

Bloomberg The story of how India’s biggest bank fraud went undetected for seven years includes an $81 million cyber-heist in neighbouring Bangladesh, penny-pinching lenders and a series of missed opportunities. In 2016, after revelations that hackers had infiltrated the Bang-ladeshi central bank’s computer systems to siphon off money, its cou- nterpart in India sensed a danger to its own banking …

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Airbus No. 2 Bregier bails out after handing over latest model

Bloomberg Handing over a new aircraft is usually a celebratory affair: the customer inspects the new toy, the planemaker breathes a sigh of relief, and everyone poses with a big smile. For Airbus SE’s second-in-command Fabrice Bregier, the delivery of the first A350-1000 model came with a bitter-sweet tinge: his last day at the European manufacturing giant after being overlooked …

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