Banco do Brasil S.A.(OTC:BDORY): Even though sentiments have improved since the collapse of the regional banks, underlying apprehensions about the U.S. banking system’s stability persist among investors and depositors. Given this backdrop, looking beyond borders and adding fundamentally robust foreign bank stocks Banco do Brasil (BDORY), KB Financial Group (KB), and Banco Macro (BMA) to your portfolio could be wise. Read on…
The Reserve Bank of India (RBI) has been regularly reviewing the burgeoning bond-derivative trades between banks and insurance companies, and does not see any major reasons for concern at the current juncture.
The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, the paper said. It noted that subsidiaries, such as SVB had in London, are easier for local regulators to seize control of in case of failure. Nathanael Benjamin, the BOE's executive director for authorizations and international banks on Monday said the central bank will reflect on the threshold for a foreign bank branch to become a subsidiary.