by AIP Online Bureau | Mar 18, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Technology
HDBC’s venture into the virtual world comes as the British-based lender slashes its footprint in the real world, announcing on Tuesday it would cut a further 69 branches in Britain as its customers move online HSBC is the second global bank to invest in a...
by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
After more than a month of decline, COVID cases started to increase around the world last week, the WHO said, with lockdowns in Asia and China’s Jilin province battling to contain an outbreak A combination of factors was causing the increases, including the...
by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The valuations of Indian markets having moderated, geopolitical tensions subsiding, and with more clarity on the timeline for policy rate hikes by the US Federal Reserve, the volatility in the markets is expected to abate, said brokerage house Samco Securities in a...
by AIP Online Bureau | Mar 18, 2022 | International News, Life
The insurance group has been shaken in recent quarters by growing concerns about its investments in the highly indebted property sector, which has been hit by a string of developer defaults, credit rating downgrades and slump in shares and bonds SHANGHAI/HONG KONG:...
by AIP Online Bureau | Mar 18, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The Financial Times reported Thursday that Lloyd’s of London is expecting a “significant but manageable overall loss” with a final bill between $1 billion to $4 billion after reinsurance pays out, citing a person familiar with the matter. The exchange didn’t respond...
