Bloomberg Societe Generale SA expects to cut as many as 3,700 jobs as part of a plan announced last year to merge its domestic retail operations and boost profitability. The reductions will be carried out between 2023 and 2025 and will stem from natural attrition, estimated at 1,500 per year, the bank said in a statement. “The merger will not ...

Bloomberg Singapore’s central bankers are expected to signal a potential tightening of monetary policy next year, while holding steady for now, amid rising inflation risks from supply-chain disruptions and surging energy prices. The Monetary Authority of Singapore (MAS), which uses a currency band as its main tool rather than interest rates, will signal a more hawkish tone when it releases ...

Bloomberg The Reserve Bank of India (RBI) in an unprecedented move suspended an audit firm citing compliance failure related to a shadow lender, a sign the watchdog is doubling down on supervision of a still-fragile corner of the nation’s financial system. Haribhakti & Co. will be barred from auditing any regulated financial entity for two years starting April 1, 2022, ...