As Citigroup Inc. Chief Executive Officer Jane Fraser shrinks Wall Street’s underdog into a leaner competitor, her newest big hire is a dealmaker known for his scrappy streak — and little tolerance of laggards. In one of his less conventional achievements in almost 24 years at JPMorgan Chase & Co., Viswas Raghavan helped the bank … Read more
China has rolled out new rules meant to expand access to commercial bank loans for property developers as Beijing doubles down on its effort to end a prolonged crisis in the real estate industry. The policies will allow real estate companies to use bank loans pledged against commercial properties such as offices and shopping malls … Read more
Mumbai: Ashok Vaswani on Monday took over as the managing director (MD) and CEO of Kotak Mahindra Bank, succeeding Dipak Gupta, who served as interim MD and CEO after founder director Uday Kotak stepped down on September 2, 2023. Vaswani, 62, will have a term of three years. Vaswani, a seasoned banker with experience at … Read more
