MOODY’S Ratings upgraded its outlook on global reinsurers to positive from stable owing to reinsurers’ higher prices and more restrictive policies, along with healthy investment income, the ratings agency said in a statement on Tuesday (Sep 3).
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India’s central bank lifts rates for first time in nearly four years
The benchmark repurchase rate was raised by 25 basis points to 5.5%
India’s central bank lifts rates for first time in nearly four years
The benchmark repurchase rate was raised by 25 basis points to 5.5%
HSBC plans job cuts across UK wealth business in AI push: report
Affected employees are expected to leave by the end of the month
Financial institutions remain accountable for third-party AI under new MAS guidelines
Among other expectations, financial institutions will be accountable for AI used in delivered services, including AI developed, operated or provided by third parties.
