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HDFC Bank and Housing Development Finance Corporation HDFC Merger Creates Financial Services Conglomerate

On July 3, 2023, HDFC Bank successfully completed its merger with Housing Development Finance Corporation (HDFC), India’s leading housing finance company. This merger marks a significant milestone for both entities…

World Markets-Shares, dollar make minor development, soon after U.S. inflation knowledge

(Updates with closing price ranges) * U.S. inflation eased in Jan, but not as rapid as expected * Shares, forex, Treasury investing risky * Oil futures fall just after reserve…

Climate Risk Management vs. Community Development Lending: NYDFS Wants Its Banks and Mortgage Companies to Do Both | Perspectives & Events

On December 21, 2022, the New York Department of Financial Services (“NYDFS”) proposed guidance for how the banks and mortgage institutions it regulates (“New York Institutions”) should manage climate-related financial…

Sunflower Bank Joins Partners at Groundbreaking for Kiva East Development in Dallas

DALLAS, December 22, 2022–(BUSINESS WIRE)–Representatives from Sunflower Bank and Guardian Mortgage participated in the recent groundbreaking event for the Kiva East development in East Dallas. The event held on December…

Nigeria pays $7.15m to acquire additional stake in pan-African housing development firm

Shelter Afrique, a pan-Africa housing development financier, says it has received $7.15 million in additional capital subscription from the federal government.  In September 2020, the institution received a $9.4 million…

Nigeria Raises Stake in Pan-African Housing Development Firm with N3bn Additional Capital

Emmanuel Addeh in Abuja The federal government has increased its stake in pan-African housing development financier, Shelter Afrique with about $3.003 billion or $7.15 million in additional capital subscription. The…