Deep Dive · Banks · India · 31 Jul 2026
HDFC Bank spent two decades outrunning India's benchmark index. A deposit deal booked as marketing spend, a bond scandal out of Dubai and a chairman who quit over "values and ethics" have turned the country's model bank into its biggest governance story.
News · Banks · India · 31 Jul 2026
MUMBAI — The board of HDFC Bank, India's largest private lender, fined its own chief executive this week over his handling of a state government deposit, a rare public rebuke that has deepened a run of governance…
Deep Dive · Banks · China · 3 Jul 2026
PBOC monetary survey data puts Chinese banks' net foreign assets near $1.5 trillion. BoP-consistent SAFE data says $624 billion. The whole gap sits on the liability side, where $1.49 trillion of gross external obligations still needs watching.
News · Banks · China · 3 Jul 2026
China's banks hold either $1.5 trillion or $624 billion in net foreign assets, depending on which branch of the Chinese government is doing the counting. The difference is not a rounding error.
News · Banks · Hong Kong · 6 May 2026
The British bank, which began operations in Hong Kong in March 1865 to help finance the Empire's Asian trade -- including, historians have documented, its opium commerce with China -- has consistently washed away responsibility citing one-off charges. Its latest $400 million hit for the three-month period that ended in March is indicative of weak risk management and corporate governance standards.
News · Banks · India, Hong Kong · 29 Apr 2026
Regulators across five continents have sanctioned the firm for professional negligence, lapses in detecting fraud, and compromised independence over some two decades. But far from an apology, PwC's leaders haven't even…
