Kotak’s Manian, Once Seen as Potential CEO, Leaves Bank
Kotak Mahindra Bank Ltd.’s K.V.S Manian, once touted as a potential chief executive officer, has resigned after almost three decades. Shares of the lender fell.
Kotak Mahindra Bank Ltd.’s K.V.S Manian, once touted as a potential chief executive officer, has resigned after almost three decades. Shares of the lender fell.
A former Hong Kong-based Societe Generale SA trader claimed he was fired and said the French lender should share blame for failing to detect his risky bets.
Standard Chartered Plc reported first-quarter earnings that beat estimates, boosted by trading and its wealth businesses.
ICICI Bank, India’s second-largest lender by market capitalization, has denied a media report Thursday which said Managing Director and CEO Sandeep Bakhshi wants to step down from his position.
Chinese tourists are headed overseas for the extended May Labor Day holiday at near pre-pandemic levels, accelerating a rebound of what used to be the world’s biggest travel market.
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