Coinbase, the biggest crypto exchange in the US, is reportedly having acquisition talks with derivatives platform Deribit. Citing people familiar with the matter, Bloomberg reports that Coinbase is in ...

IndusInd Bank reported derivative losses of Rs 2,100 crore on March 10, which pulled down its share price by 23%. The bank sought to put the blame on a change of rules by the Reserve Bank of India ...

Volkswagen AG has been wanting to build more cars in North America. Now, as Donald Trump embarks on a trade war that’s roiled the global auto industry, the German carmaker’s calculus has grown far ...

On March 10, the management of IndusInd Bank indicated that during an internal review of processes relating to ‘Other Asset and Other Liability’ accounts of its derivative portfolio ...

The new definitions highlight that these derivatives, while useful as hedging instruments, could pose system-wide risks if not properly regulated. The amendments also introduce several key ...

After years, choppy markets have revived the trades on over-the-counter (OTC) currency derivatives as corporates fish around for fancy deals at modest (or, even zero) cost to guard themselves from ...

The Reserve Bank of India (RBI) has begun a review of derivative books of both private and state-owned banks after IndusInd Bank reported discrepancies in accounting related to forex derivatives ...

The bank disclosed that an internal review found discrepancies in the process followed in accounting for certain derivatives, that will have a one-time impact of an estimated ₹1,500 crore or 2. ...

The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by the regulator to the CEO, and concerns on ...