Financial Services
Financial Services news section.
China strengthens regulations on accounting firms, including Deloitte
Zhu Zhongming, China's vice-minister of finance, meets with Deloitte's Global Council Chairperson, Sharon Thorne, in Beijing on March 26, 2023.
VPBank sells stake in Vietnam bank to Sumitomo Mitsui
On Monday, the HANOI: Vietnam Prosperity Joint Stock Commercial Bank sold a 15 per cent stake in the US $1.5 billion to Sumitomo Mitsui Financial Group, expanding the Japanese bank's presence in one of Asia's fastest-growing economies.
Banks closed on April 2023 in India
Bank holidays in April 2023 India: customers are advised to plan their bank work in advance as April has a lot of bank holidays this year. Banks will be closed for a total of 15 days in the month, including weekend.
Rising gold prices deter local buyers
According to the World Gold Council, a rally in gold prices to an all-time high in India is deterring local buyers in the run up to what is normally a key demand period next month.
Chairman of Credit Suisse quits
Ammar Al Khudairy, chairman of Credit Suisse Group AG's largest shareholder whose comments recently helped spark a slump in the Swiss lender's shares, has resigned.