HSBC Private Bank appoints Ida Liu as CEO in 2026, emphasizing global wealth management and UHNW client services. Key insights for banking and finance exams. HSBC Private Bank Appoints Ida Liu as CEO: A Major Leadership Move in Global Banking In a strategic leadership development, HSBC Private Bank has appointed Ida Liu as its new…
IMF first deputy managing director Dan Katz proposed by Managing Director Kristalina Georgieva. Learn about his appointment, background, and impact on global economic policy. IMF Proposes Dan Katz as First Deputy Managing Director Introduction to the Appointment On September 18, 2025, the International Monetary Fund (IMF) announced that Managing Director Kristalina Georgieva has proposed the…
Gita Gopinath IMF resignation 2025 confirmed: She steps down as First Deputy Managing Director to rejoin Harvard University. Learn why this matters for UPSC, banking and government exam aspirants. Gita Gopinath Resigns as IMF Deputy Chief IntroductionGita Gopinath, the First Deputy Managing Director at the International Monetary Fund (IMF), has announced her resignation, effective end of…
FATF Report on India: Observations and Significance The recent Financial Action Task Force (FATF) report on India has highlighted significant observations regarding the country’s progress in combating money laundering and terrorist financing. The FATF, an intergovernmental organization, aims to develop policies to combat these illicit activities. India’s engagement with the FATF has intensified as the…
Algeria Joins BRICS New Development Bank Algeria Becomes Newest Member of the BRICS New Development Bank In a significant development for international finance, Algeria has officially joined the BRICS New Development Bank (NDB). The inclusion of Algeria marks an important expansion for the NDB, which was originally established by Brazil, Russia, India, China, and South…
PFC Secures RBI Approval for IFSC Finance Company in GIFT City Public Financial Corporation (PFC) recently achieved a significant milestone by obtaining approval from the Reserve Bank of India (RBI) to establish an International Financial Services Centre (IFSC) finance company in the Gujarat International Finance Tec-City (GIFT City). This approval marks a pivotal step towards…
World Bank Chief : World Bank Chief David Malpass to Step Down Early The World Bank President, David Malpass, announced his resignation from the position, effective October 1, 2022. This decision comes two years ahead of the end of his five-year term. Malpass was appointed as the President of the World Bank Group in April…
