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RBI rejects 3 'not suitable' applications for setting small finance banks

Business Standard - FInance

The Reserve Bank of India has rejected three applications, including the of West End Housing Finance, for setting up small finance banks. These applications were found not suitable for granting of in-principle approval to set up small finance banks, it said in a statement on Tuesday.

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Mizuho set to merge European banking and securities businesses

The TRADE

Mizuho Financial Group is planning a restructure of its European Union (EU) banking and securities businesses, bringing them together under one umbrella as a Universal Bank, subject to approval from regulators. The move is set to enhance the banks products and services within the highly competitive EU market.

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BBVA head of FX sales departs for Lloyds Bank North America

The TRADE

Will Irwin has been appointed director of FX institutional sales at Lloyds Bank North America, following his departure from Banco Bilbao Vizcaya Argentaria (BBVA) where he had been serving in a similar role. The post BBVA head of FX sales departs for Lloyds Bank North America appeared first on The TRADE.

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People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

He originally joined the bank in 2006 in a securities lending role. Will Irwin was appointed director of FX institutional sales at Lloyds Bank North America, following his departure from Banco Bilbao Vizcaya Argentaria (BBVA) where he had been serving in a similar role.

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On-Cycle Private Equity Recruiting: Will PE Firms Start Recruiting 10-Year-Old Children Soon?

Mergers and Inquisitions

PE firms want to lock in candidates before they burn out from banking and have second thoughts. If you want to participate, you must start preparing after you win a return offer from your investment banking internship because PE firms could move up the timeline even earlier. They just want the most motivated/hardcore candidates.