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ICICI Bank Q3 profit up 25% to $832mn

  Bloomberg ICICI Bank Ltd’s profit in the third quarter rises 25% from a year earlier, helped by interest earnings from lending as the impact from the coronavirus pandemic eased. Net income was 61.9 billion rupees ($832 million) in the quarter ended December compared with 49.4 billion rupees a year ago, the company said in a statement to the stock ...

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Barclays boss gets $9,000 a month to move to London

  Bloomberg Barclays Plc is offering its chief executive officer C.S. Venkatakrishnan 6,550 pounds ($8,877) a month in housing allowance for almost two years to encourage the banker to shift from New York to London after his appointment late last year, according to the Sunday Times. Venkatakrishnan took over as CEO on November 1 after former CEO Jes Staley stepped ...

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Goldman picks Sarsfield to co-run $1.7trn asset management unit

  Bloomberg Goldman Sachs Group Inc is promoting Luke Sarsfield to co-head of its asset-management business, putting an end to an anomaly atop one of its key units. Chief Executive Officer David Solomon is set to disclose the leadership change this week in a division that oversees $1.7 trillion in assets, according to people with knowledge of the matter. Sarsfield’s ...

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