The focus of the U.S. regional banking crisis turned on First Republic Bank in late March after the wealthy clients it courted to fuel its breakneck growth began pulling their deposits.

Philippines' SM Prime Holdings Inc is looking at raising around $1 billion by listing its real estate investment trust (REIT) unit this year, its president said on Tuesday, in what could be the country's biggest on record.

MUMBAI (Reuters) -The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd and Housing Development Finance Corp Ltd (HDFC) selective regulatory relief to smooth out the merger between the two organisations, set to conclude by July this year.

LONDON (Reuters) -HSBC has hit back at its largest shareholder Ping An's latest proposal to restructure the bank and separate its Asia business into a Hong Kong-listed entity, saying it would result in a material loss of value for shareholders.

Abrdn is seeking to individually sell a batch of private equity businesses which collectively have about 12 billion pounds of investments, after struggling to find a buyer for the entire portfolio, a source close to the matter said.

TORONTO (Reuters) -Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P&C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday.

Activist investor Jonathan Litt's Land & Buildings Investment Management on Tuesday urged real estate investment trust Apartment Investment and Management Co to evaluate all potential alternatives – including a sale.

HDFC Bank Ltd, India’s biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd, even as it awaits a final view from the central bank on requests for forbearance, three sources told Reuters.

Italian Design Brands (IDB), a hub of high-quality Italian furniture and design companies, said on Monday it planned to list on Euronext Milan, with an initial public offering (IPO) expected by early May.

(Reuters) -Billionaire investor Daniel Loeb is considering taking SiriusPoint Ltd private less than three years after he agreed to combine his hedge fund's reinsurance business, Third Point Re, with rival Sirius International Insurance Group to form the global specialty insurer.