Banking
How to tap into double digit yields on Indian credit
Indian credit deals can yield up to 18%, but what is the best strategy to limit downside risk?
Don’t take that road to debt trap, NRIs warned
Many expatriates from India are borrowing beyond their means to remit money back home
Non-resident Indians face tough new disclosure rules
Non-resident Indians around the world will have to disclose offshore bank account details in tax returns for the first time this year, as part of a tough transparency crackdown by their home country’s tax office.
PEOPLE MOVES: Julius Baer, US SEC, JP Morgan
Swiss private bank Julius Baer is reportedly hoovering up bankers from the defunct Singapore branch of BSI Bank. The US Securities and Exchange Commission has announced two more resignations, while JP Morgan Asset Management has created a chief executive and country head role in Australia.
Julius Baer appoints market head to expand India business
Julius Baer has appointed Parminder Soin as market head Indian subcontinent and non-resident Indians (NRI), as the private bank seeks to expand its business from the NRI clients.