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

Business Standard - FInance

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. RBI had received about a dozen applications to set up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).

Finance 98
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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.

Banking 64
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People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

Prior roles include four years as director of G10 and emerging markets FX at Dankse Bank, as well as director and FX trader at Societe Generale. Elsewhere, Irwin spent almost six years at Nordic universal bank Nordea, most recently serving as senior dealer – foreign exchange sales and trading.

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

Mergers and Inquisitions

The short answer is that it’s based almost entirely on your university, bank name/group, GPA, and other criteria you have no way to change. On-Cycle Private Equity Recruiting, Part 2: Candidate Selection So, if you want to enter this clown show, how do you get an invite?

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BBVA head of FX sales departs for Lloyds Bank North America

The TRADE

Prior roles include four years as director of G10 and Emerging Markets FX at Dankse Bank, and before that director and FX trader at Societe Generale. In addition, New York-based Irwin previously spent almost six years at Nordic universal bank Nordea, most recently serving as senior dealer – foreign exchange sales and trading.

Sale 52