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Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
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Adani Group To Raise $1.5 Billion Through Dollar Bonds
Billionaire Gautam Adani's conglomerate is in talks with global banks to raise at least $1.5 billion through dollar bond sales, a further indicator of the groups rebound from a short seller attack.
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Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
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After Uday Kotak, Who? RBI "Conveys View" To Kotak Mahindra Bank Board
The banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender's ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people familiar with the matter.
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Billionaire Uday Kotak's Son Confirms Engagement To Former Miss India Aditi Arya
Last year, rumours of their engagement had circulated online after both of them were seen posing outside the Eiffel Tower in Paris.
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Elon Musk Considers Raising $3 Billion to Pay Off Part of Twitter Debt: Report
Elon Musk is reportedly exploring raising $3 billion (roughly Rs. 24,465 crore) in new fundraising to help the billionaire repay a part of the debt he owes from his Twitter buyout deal last year. The Tesla CEO borrowed $13 billion (roughly Rs. 1,06,000 crore) in October from a syndicate of banks including Morgan Stanley and Bank of America.
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Billionaire Uday Kotak-Run Kotak Mahindra Bank Rules Out CEO's Son As Boss
The son of India's richest banker isnt in the running to lead Kotak Mahindra Bank.
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A 27-Year-Old Is Taking On Big Banks To Lure Mega-Rich Families
At first glance, 27-year-old Jasper Lau's investment firm is just like any other trying to strike it rich in the world of startups. It typically invests $10 million to $15 million a deal, and has had its share of successes and setbacks.
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SoftBank To Discuss Arm "Strategic Alliance" With Samsung
SoftBank Group Corp founder and CEO Masayoshi Son will discuss a "strategic alliance" between chip designer Arm and Samsung Electronics during the billionaire's first visit to South Korea in three years.
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CSB Bank To Seek Shareholders' Nod To Extend Interim Head Pralay Mondal's Term
Indian origin Canadian billionaire Prem Watsa's Fairfax India Holdings promoted CSB Bank will seek shareholders' nod later this month to extend interim head Pralay Mondal's term till a regular MD & CEO is appointed.
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Bankers Turned Billionaires For An Instant, Then Came 89% Crash
Two founders of a little-known Hong Kong investment bank briefly became billionaires in recent days following a baffling stock surge, only to see their paper fortunes quickly tumble when the shares plunged.
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Goldman Sachs Invests in Billionaire Alan Howard’s Crypto Trading Platform, Barclays Joins In
British bank Barclays has joined Goldman Sachs in investing in British billionaire Alan Howard’s crypto trading platform, Elwood Technologies. Down Capital as well as venture units of Commerzbank AG and billionaire Michael Novogratz Galaxy Digital Holdings Ltd, a crypto merchant bank, emerged as other investors who participated in the funding rou...
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Crypto Billionaire's Derivative Plan Raises Hackles
FTX has proposed to execute every aspect of customers crypto derivatives trades on its own - thus bypassing other exchanges and banks
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Crypto Billionaire, Pussy Riot Join Ukraine Crowdfunding Efforts
From Ukraine's central bank to a crypto-linked organisation launched by Russian punk band Pussy Riot, donations are pouring in to help the country
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Billionaires' Wealth More Than Doubles In 10 Years: Swiss Bank UBS
Billionaires have seen their combined wealth shoot up 121 percent over the past decade to $14 trillion, Swiss bank UBS said Thursday, with tech billionaires' coffers filling the fastest.
-
Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
-
Adani Group To Raise $1.5 Billion Through Dollar Bonds
Billionaire Gautam Adani's conglomerate is in talks with global banks to raise at least $1.5 billion through dollar bond sales, a further indicator of the groups rebound from a short seller attack.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
After Uday Kotak, Who? RBI "Conveys View" To Kotak Mahindra Bank Board
The banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender's ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people familiar with the matter.
-
Billionaire Uday Kotak's Son Confirms Engagement To Former Miss India Aditi Arya
Last year, rumours of their engagement had circulated online after both of them were seen posing outside the Eiffel Tower in Paris.
-
Elon Musk Considers Raising $3 Billion to Pay Off Part of Twitter Debt: Report
Elon Musk is reportedly exploring raising $3 billion (roughly Rs. 24,465 crore) in new fundraising to help the billionaire repay a part of the debt he owes from his Twitter buyout deal last year. The Tesla CEO borrowed $13 billion (roughly Rs. 1,06,000 crore) in October from a syndicate of banks including Morgan Stanley and Bank of America.
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Billionaire Uday Kotak-Run Kotak Mahindra Bank Rules Out CEO's Son As Boss
The son of India's richest banker isnt in the running to lead Kotak Mahindra Bank.
-
A 27-Year-Old Is Taking On Big Banks To Lure Mega-Rich Families
At first glance, 27-year-old Jasper Lau's investment firm is just like any other trying to strike it rich in the world of startups. It typically invests $10 million to $15 million a deal, and has had its share of successes and setbacks.
-
SoftBank To Discuss Arm "Strategic Alliance" With Samsung
SoftBank Group Corp founder and CEO Masayoshi Son will discuss a "strategic alliance" between chip designer Arm and Samsung Electronics during the billionaire's first visit to South Korea in three years.
-
CSB Bank To Seek Shareholders' Nod To Extend Interim Head Pralay Mondal's Term
Indian origin Canadian billionaire Prem Watsa's Fairfax India Holdings promoted CSB Bank will seek shareholders' nod later this month to extend interim head Pralay Mondal's term till a regular MD & CEO is appointed.
-
Bankers Turned Billionaires For An Instant, Then Came 89% Crash
Two founders of a little-known Hong Kong investment bank briefly became billionaires in recent days following a baffling stock surge, only to see their paper fortunes quickly tumble when the shares plunged.
-
Goldman Sachs Invests in Billionaire Alan Howard’s Crypto Trading Platform, Barclays Joins In
British bank Barclays has joined Goldman Sachs in investing in British billionaire Alan Howard’s crypto trading platform, Elwood Technologies. Down Capital as well as venture units of Commerzbank AG and billionaire Michael Novogratz Galaxy Digital Holdings Ltd, a crypto merchant bank, emerged as other investors who participated in the funding rou...
-
Crypto Billionaire's Derivative Plan Raises Hackles
FTX has proposed to execute every aspect of customers crypto derivatives trades on its own - thus bypassing other exchanges and banks
-
Crypto Billionaire, Pussy Riot Join Ukraine Crowdfunding Efforts
From Ukraine's central bank to a crypto-linked organisation launched by Russian punk band Pussy Riot, donations are pouring in to help the country
