Zarin Daruwala, the CEO of Standard Chartered India and South Asia, has announced her retirement effective April 1, 2025. The bank shared the news on Wednesday, highlighting Daruwala’s significant impact over her nearly 35-year banking career.
Daruwala joined Standard Chartered in 2016 and has since played a pivotal role in positioning India as one of the bank’s largest markets. Under her…
Wells Fargo has agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, marking a significant shift in the commercial real estate landscape. This deal will elevate Trimont to become the largest servicer of commercial real estate securitized debt in the United States.
Trimont, established in 1988 and primarily serving non-bank and alternative lenders, will…
