Inflation in South Korea accelerates to 6.3%

PRICE PRESSURES: The Bank of Korea is expected to raise rates by at least 25 basis points this month as consumer prices rose 6.3% in June Inflation in South Korea accelerated further last month, underscoring the need for the central bank to continue raising interest rates in an attempt to …

Read More »

Kathy C. Thompson sells 5,403 shares of Stock Yards Bancorp, Inc. (NASDAQ: SYBT)

Stock Yards Bancorp, Inc. (NASDAQ: SYBT – Get a rating) Executive Vice President Kathy C. Thompson sold 5,403 shares in a trade dated Friday, July 29. The stock was sold at an average price of $69.00, for a total transaction of $372,807.00. Following the transaction, the executive vice president now …

Read More »

Live update: UK manufacturing falls to lowest level since June 2020

This week, the Conservative leadership race caravan is moving from parliament to members across the country. Ballots are expected to land on the doormats of 150,000 Conservative Party members in the coming days, while runners-up Liz Truss and Rishi Sunak face off in another televised debate on Sky News on …

Read More »

What is the Hong Kong Dollar Peg and Why It Matters

Comment this story Comment Anchored to the US dollar since 1983, the Hong Kong dollar is generally a dull currency. Except when it’s not, like this year. When the US Federal Reserve began raising interest rates in March to combat historically high inflation, outflows from the Hong Kong dollar market …

Read More »

Zelensky warns of a disastrous harvest in Ukraine as the world faces a food crisis

Volodymyr Zelensky has warned that Ukraine’s harvest could be cut in half by Russia’s invasion in a move that threatens to trigger a global food crisis. Ukraine’s president warned of a catastrophic impact on this year’s harvest in “Europe’s breadbasket”, but insisted the country was finding a way to deliver …

Read More »

Akbank TAS (OTCMKTS:AKBTY) is trading down 4.3%

Akbank TAS (OTCMKTS: AKBTY – Get a rating) the stock price fell 4.3% on Friday. The company traded as low as $1.01 and last traded at $1.01. About 1,901 shares changed hands during trading, down 93% from the average daily volume of 27,559 shares. The stock previously closed at $1.05. …

Read More »

Parliament approves $1.3 billion cocoa syndicated loan for 2022/2023 season

Parliament on Thursday approved a syndicated cocoa loan of $1.3 billion to finance the procurement of cocoa for the 2022/2023 crop year by the Ghana Cocoa Board (COCOBOD). The asset-backed trade finance facility is between COCOBOD and a consortium of banks and financial institutions, with the Government of Ghana as …

Read More »

Mastermind in China Organizes Sextortion Racket Under Pretense of Loan Application | Nagpur News

NAGPUR: A gang of advanced hackers, with their brain in chinaoperates an application sextortion racket under the guise of offering instant loans. After pocketing more than Rs50 lakh by threatening more than 500 victims over the past few months, two of the gang members – Kaif Ibrahim Sayyed (25) and …

Read More »

Eli Lilly and Company (NYSE:LLY) Major Shareholder Sells $29,776,095.30 in Shares

Eli Lilly and Company (NYSE:LLY – Get Rating) largest shareholder, Lilly Endowment Inc, sold 89,458 shares of the company in a trade on Thursday, July 28. The shares were sold at an average price of $332.85, for a total transaction of $29,776,095.30. Following the completion of the sale, the insider …

Read More »

China launches pilot program to strengthen retirement planning

Elderly residents take part in an art class at the day care center of a citizen service station in Shanghai, Aug. 30, 2020. [Photo by Zhu Xingxin/chinadaily.com.cn] China will launch a pilot program encouraging personal deposits for retirement planning in five cities to further enrich the supply of financial products …

Read More »

Inflation reaches a record 8.9% in 19 countries using the euro

BRUSSELS (AP) – Inflation in European countries using the euro hit a new high in July, pushed by rising energy prices partly driven by Russia’s war in Ukrainebut the economy still managed weak growth. Annual inflation in the 19 euro zone countries reached 8.9% in July, against 8.6% in June, …

Read More »

FTSE 100 subdued as Fed relief fades, earns mixed bag

The offices of the London Stock Exchange Group are seen in the City of London, Britain December 29, 2017. REUTERS/Toby Melville Join now for FREE unlimited access to Reuters.com Register Barclays plunges after shortfall, banks down CMC Markets tumbles on cost warning FTSE 100 flat, FTSE 250 adds 1.1% July …

Read More »

After Crypto, Instant Loan Apps Angle Emerges in B.Tech Student’s Alleged Suicide

The latest revelations about the mysterious disappearance of Nishank Rathore, a 20-year-old BTech student from Madhya Pradesh, suggests the youngster was going through mental stress as he was unable to repay lenders. The police investigation revealed that Rathore had taken out several small loans from friends and instant loan apps, …

Read More »

Did you run out of vaccine stocks? My best biotech stock to buy and keep

Coronavirus vaccine stocks have been among the best performers in the market for the past two years. Novavax soared 2,700% in 2020 on optimism about its COVID-19 program. Modern (ARNM -1.79%) increased by 1,200% and BioNTech gained more than 600% between the start of 2020 and the end of last …

Read More »

First Internet Bank Adds New Senior Business Development Officer to SBA Lending Team

First Internet Bank today announced the addition of Paul DePasquale to its Small Business Administration (SBA) lending team as Vice President, Senior Business Development Officer. This decision further demonstrates the Bank’s commitment to small businesses nationwide. “We are thrilled to welcome Paul to our growing SBA lending team,” said Mark …

Read More »

Mozambique: African Development Fund approves additional $5.6 million grant to strengthen food security and resilience – Mozambique

The African Development Fund Board has approved a $5.6 million grant in additional funding for the Idai and Kenneth Emergency Post-Cyclone Recovery and Resilience Program in Mozambique. This additional financing under the Bank’s African Emergency Food Production Facility aims to strengthen the resilience of Mozambican food systems in response to …

Read More »

Banks and UPI platforms rush to improve cybersecurity

New Delhi: Many private sector banks and UPI platforms in the country engaged in mobile banking are looking to upgrade their cyber security systems, thanks to the exponential increase in digital banking services over the past two years and the rapid adoption of cloud technologies amid the pandemic. “Private banks …

Read More »

Thinking of taking out a loan via an app? Your data could be at risk

| Updated: Tuesday, July 26, 2022, 12:47 PM [IST] Nowadays, all it takes is a few clicks to take out a loan during a financial crisis. A plethora of apps now offer instant one-click loans. Although loan dispersal has become much easier these days, it also comes with some very …

Read More »

Stocks to watch: Tech Mahindra, Axis Bank, Tata Steel, GlaxoSmithKline

Here is the list of the top 10 stocks that will be in the spotlight today Tech Mahindra: IT services company Tech Mahindra on Monday reported consolidated net profit of ₹1,132 crore for the quarter ended June 30, 2022, compared to ₹1,353.20 crores in the corresponding period last year, registering …

Read More »

Digital banks and the promise of greater inclusion

Last week, the federal think tank NITI Aayog published a report on digital banks, proposing a model for their licensing in India. He said India already has a technology stack to facilitate digital banking. What will these new banks be used for and are we ready for them? Mint explains. …

Read More »

Russo-Ukrainian War: List of Key Events, Day 152 | Russo-Ukrainian War

As the Russo-Ukrainian War enters its 152nd day, we take a look at the major developments. Here are the key events so far on Monday, July 25. Get the latest updates here. Struggle The Ukrainian military reported that Russian forces were leading the way for an assault on the town …

Read More »

UBS and Credit Suisse eclipsed by smaller rival

The Swiss private bank fell from last year’s record highs. This week’s results from Julius Baer, ​​UBS, Credit Suisse and Vontobel may confirm future trends. In a presentation in May, Julius Baer leads Philip Rickenbacher, warned that the bank was leaking customer assets. His comment reinforced doubts about the profound …

Read More »

Despite raising awareness and measures to reduce the threat, loan app scams are on the rise in Bangalore

Lack of Due Diligence by Digital Service Providers Only Leads to Rise in Loan App Scams in Bangalore Lack of Due Diligence by Digital Service Providers Only Leads to Rise in Loan App Scams in Bangalore A 37-year-old businesswoman from Yelahanka recently contacted the North East Cybercrime Police to report …

Read More »

2022 multibagger stock to trade tomorrow ex-bonus: check if you own

So far in 2022, a few dime and small-cap stocks have generated multibagger gains on a year-to-date (YTD) basis. Since the start of first-quarter corporate results, various corporate activities have also occurred that stock market watchers should be aware of. When it comes to multibagger returns and corporate activities like …

Read More »

Apartment development in Providence sparks opposition in College Hill

PROVIDENCE — Critics are concerned about a proposal to raze two College Hill homes and erect a five-story apartment complex in their place, citing objections to the height of the building and the residents it might attract . The development, proposed by Walter Bronhard and Brook Holding LLC, would mean …

Read More »

Russia-Ukraine: Breaking News – The New York Times

The grain terminal at the Port of Odessa on Saturday. A Ukrainian official said Russian strikes caused 10 explosions in Odessa and strikes on the port caused a fire.Credit…Daniel Berehulak for The New York Times ODESA, Ukraine – A series of explosions rocked the southern Ukrainian city of Odessa on …

Read More »

Money transfer company NALA arrives in Kenya and opens a local office

Lender Equity Bank Kenya has announced a partnership with NALA Payments Limited. NALA is a remittance processing platform licensed in the UK and the US, and it facilitates diaspora remittances to Kenya. According to a statement from Equity, the collaboration will allow Kenyans living in the UK and US to …

Read More »

Multibagger stock board sets record date for final dividend

In the metals industry, Lloyds Metals & Energy Ltd. is a mid-cap company with a market capitalization of Rs. 6,192.72 crores. Mining, power generation and sponge iron manufacturing are all businesses carried out by Lloyds Metals & Energy. The record date for dividend purposes was announced today by the Company’s …

Read More »

Chinese Loan App Steals Over Rs. 10 Crores in Latest Online Scam! Know everything here

In a shocking incident, police have arrested four people in connection with a Chinese loan application racket that stole more than Rs. 10 Cr from victims by threatening and abusing them. Know how this online scam worked. Lending scammers rely heavily on digital infrastructure to spread crimes and defraud victims …

Read More »

Higher opening expected for Hong Kong stock market

(RTTNews) – The Hong Kong stock market has alternated between positive and negative results over the past four trading days since ending a five-day losing streak in which it fell nearly 1,450 points. or 7%. The Hang Seng index is now just below the plateau of 20,575 points, although it …

Read More »

European Central Bank joins global push for higher rates

FRANKFURT – The European Central Bank will join the US Federal Reserve and other major central banks on Thursday in raising interest rates. The only question is how much – and whether – the rush to make credit more expensive will push Europe and other major economies into recession at …

Read More »

Zharta Raises $4.3M to Accelerate Growth of Instant NFT Loans

DeFi company Zharta has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and launch into the market. Zhartathe creator of a lending protocol for instant NFT secured loans, closed a seed round of $4 million in new capital to fuel …

Read More »

3 stocks that are good investments for inflation

Unbridled inflation has pushed up the prices of goods – from groceries to gas and other household items – taking a large chunk out of consumers’ monthly budgets. In the United States, annual consumer prices jumped 9.1% in June, the largest increase in more than four decades. However, inflation is …

Read More »

Emefiele boasts, “eNaira is a disadvantage for banks”

Central Bank Governor Godwin Emfiele has pointed out that eNaira is a disadvantage for commercial banks, especially when depositors transfer money from their bank accounts to their eNaira wallets. Godwin Emefiele mentioned this during the Q&A session at the end of the Monetary Policy Statement on Tuesday, July 19, 2022, …

Read More »

Ukrainian resident pleads guilty for his role in a sophisticated international scheme to steal money from US bank accounts | takeover bid

A US citizen who previously resided in Ukraine has pleaded guilty to conspiracy to commit bank fraud. According to court documents, Harold Sobel, 69, was a member of an international criminal enterprise that illegally debited money from the bank accounts of ignorant American victims. Members of the criminal enterprise set …

Read More »

North American robotics jobs see private banking hiring boom

North America extended its dominance for bot hiring among private banking firms in the three months to May. The number of positions in North America accounted for 35.2% of total robotics employment, compared to 30.3% in the same quarter last year. This was followed by Asia-Pacific, which saw a 2.7 …

Read More »

Natural gas stocks beat oil names. Here’s why.

Text size Unlike oil, natural gas does not have a cartel to stabilize prices, so they are likely to remain volatile. Joe Raedle/Getty Images) Oil prices traded lower for most of July, with U.S.-traded crude futures dropping below $100 a barrel before rebounding to $102 on Monday. The crisis has …

Read More »

Major U.S. banks see loan growth slow as outlook for demand and economy darkens

NEW YORK, July 18 (Reuters) – U.S. bank executives expressed optimism about loan growth as demand for consumer and corporate borrowing rebounded in the second quarter from pandemic lows, but warned that demand could weaken later this year if the deteriorating economic outlook begins to hurt consumer confidence. Analysts and …

Read More »

Government draws up plan to strengthen PSU banks’ boards and hold directors accountable

The Center can replace the existing clauses relating to the appointment of the Board of Directors Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement …

Read More »

Barron stock spotlight: Spirit Airlines, Rivian, UnitedHealth and this genomics company

Benzinga reviews this weekend’s top stories on Barron’s, for more on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and software of cartography. “10 Places Where the Housing Market Tide Has Turned,” by Shaina Mishkin, notes that U.S. homebuyers are feeling rushed as mortgage rates …

Read More »

Putin’s Defense Minister Sergei Shoigu orders ‘shock and awe’ attacks on Ukraine

Russian Defense Minister Sergei Shoigu today gave the order to dramatically increase so-called shock and fear attacks against Ukraine. He claimed that Kremlin forces should “rule out the possibility of the Kyiv regime inflicting massive rocket and artillery strikes on civilian infrastructure and residents of Donbass and other regions,” according …

Read More »

Should you invest in the Nifty Private Bank ETF to gain exposure to the banking sector?

The modest recovery in credit growth, improving asset quality trends, lower credit costs across all sectors and improving loan growth contributed to the performance of the banking sector which recorded further earnings growth in Q4FY22. Chintan Haria, Head of Product Development and Strategy, ICICI Prudential AMC, said: “Higher rates, relatively …

Read More »

False loan application case: another defendant arrested

Bhubaneshwar: The economic crimes wing arrested one person in connection with the bogus loan application case. The accused was identified as Nitin Mallik. Mallik was arrested within the confines of Harinagar Police in New Delhi. It has been reserved under Sections 294/384/420/467/468/471/120-B of the IPC and …

Read More »

Robeco Institutional Asset Management BV reduces its equity holdings in Moelis & Company (NYSE:MC)

Robeco Institutional Asset Management BV reduced its position in shares of Moelis & Company (NYSE: MC – Get Rating) by 81.9% in the 1st quarter, reports Holdings Channel.com. The company held 39,214 shares of the asset manager after selling 177,111 shares during the period. Robeco Institutional Asset Management BV’s holdings …

Read More »

DBS NAMED ‘BEST SME BANK IN THE WORLD’ BY EUROMONEY FOR THE SECOND TIME

Also wins three awards for the first time at Euromoney’s Awards for Excellence 2022 – World’s Best ‘Financial Innovation of the year’,’from Asia Best Bank for Wealth Management” and “Best Bank for hong kong‘, dethroning the 21-year-old longtime winner SINGAPORE, July 15, 2022 /PRNewswire/ — DBS has once again been …

Read More »

Live updates: US producer prices rose 11.3% in June as inflation continued to soar

©REUTERS Celsius Network, one of the world’s largest cryptocurrency lenders, has filed for bankruptcy as a wave of digital asset companies froze customer assets and began restructuring amid a sharp sell-off. cryptocurrencies this year. The Hoboken, New Jersey-based company’s Chapter 11 bankruptcy filing in federal court in New York comes …

Read More »

Twitter-burned bankers see a silver lining in Musk’s startups

July 14 (Reuters) – Top Wall Street investment banks that stand to lose Elon Musk’s lucrative fee by dropping his $44 billion acquisition of Twitter Inc are hoping the most person-backed start-ups rich in the world will make up for lost business. Musk is one of Wall Street’s biggest patrons, …

Read More »

Energy Toolbase Launches Sustainable Capital Financing on a Platform for Instant PPA Financing Quotes for Solar + Storage Projects

Sustainable Capital Finance provides financing solutions to commercial and industrial (C&I) users with 100 kW+ projects STUART, Florida., July 13, 2022 /PRNewswire/ — Energy Toolbase has launched its new financing integration partner, Sustainable capital financing (SCF), on the ETB Developer Platform. Partnership Enables ETB Developer Users to Instantly Generate Power …

Read More »

Oregon Public Employees Retirement Fund Reduces Position in The Boston Beer Company, Inc. Stock (NYSE:SAM)

The Oregon Public Employees Retirement Fund reduced its holdings of shares in The Boston Beer Company, Inc. (NYSE: SAM – Get Rating) by 3.3% during the 1st quarter, according to its latest filing with the Securities and Exchange. Commission. The institutional investor owned 2,972 shares of the company after selling …

Read More »

The oversold Hang Seng was nevertheless revised lower on Wednesday

(RTTNews) – The Hong Kong stock market has fallen in consecutive sessions, dropping almost 900 points or 4.4% along the way. The Hang Seng index is now just below the 20,850 plateau and is eyeing another soft start on Wednesday. Global forecasts for Asian markets suggest consolidation on renewed fears …

Read More »

Spain to temporarily tax banks and energy companies as inflation bites

Spain’s Prime Minister Pedro Sanchez delivers a speech during the state of the nation debate at parliament in Madrid, Spain, July 12, 2022. REUTERS/Susana Vera Join now for FREE unlimited access to Reuters.com Register Public services and banks will be hit by 7 billion euros in temporary taxes Caixabank and …

Read More »

Truist Financial Corp reduces its equity position in Royal Bank of Canada (NYSE:RY)

Truist Financial Corp reduced its position in shares of Royal Bank of Canada (NYSE: RY – Get a rating) (TSE:RY) by 7.7% in Q1, according to its most recent Form 13F filed with the Securities and Exchange Commission. The company held 89,137 shares of the financial services provider after selling …

Read More »

Burleson & Company LLC holds $929,000 worth of stock in Pfizer Inc. (NYSE:PFE)

Burleson & Company LLC reduced its stake in Pfizer Inc. (NYSE: PFE – Get Rating) by 2.2% during the 1st quarter, according to the company in its latest 13F filing with the SEC. The company held 17,939 shares of the biopharmaceutical company after selling 410 shares during the quarter. Burleson …

Read More »

Hong Kong’s stock market could be limited on Monday

(RTTNews) – The Hong Kong stock market has risen in consecutive trading days, rising nearly 140 points or 0.7% along the way. The Hang Seng Index is now just above the 21,725 ​​plateau and is expected to stay in that quarter again on Monday. The global outlook for Asian markets …

Read More »

Bank of Canada to raise interest rates 0.75% this week, economists predict – National

Economists predict the Bank of Canada will raise its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages around the world. In Canada, inflation hit a 39-year high of 7.7% in May, well above the 2% target rate central banks typically aim for. The Bank …

Read More »

Iran will soon conclude banking agreements with Russia: chief banker

Ali Salehabadi, Governor of the Central Bank of Iran Central Bank of Iran (CBI) Governor Ali Salehabadi said a series of major banking agreements between Iran and Russia, including those regarding the use of mutual currencies for bilateral trade , will soon come into force. Speaking in Moscow on Saturday …

Read More »

Strs Ohio increases its equity position in The JM Smucker Company (NYSE:SJM)

Strs Ohio increased its stake in The JM Smucker Company (NYSE: SJM – Get Rating) by 1.7% in Q1, according to the company in its latest SEC filing. The institutional investor held 28,129 shares of the company after acquiring an additional 471 shares during the quarter. Strs Ohio’s holdings in …

Read More »

US job growth remained strong in June

From Data delayed by at least 15 minutes Source: FactSet Stocks wobbled and bond yields rose on Friday after the government’s jobs report showed a bigger-than-expected hiring gain in June, a positive development for the labor market but a sign that high inflation could persist. The better-than-expected jobs numbers could …

Read More »

SEC urges Citigroup to disclose Ukraine war impact more widely

July 8 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has asked Citigroup Inc (CN) for fuller information about the blow it expects to take from the Russia-Ukraine conflict, the regulator said. bank in a regulatory filing on Friday. In a May 2 letter to Citi Chief Executive Jane …

Read More »

Administrators cancel £8m loan transfer from debtor LC&F

By Alex Baldwin (July 8, 2022, 6:50 p.m. BST) – A London judge has ruled that an attempt by the principal debtor to frustrate mini-bond lender London Capital & Finance from assigning its rights to an 8 million loan of pounds sterling ($9.6m) for £1 was zero, concluding that the …

Read More »

Neo Banking Market 2022-2028 – InsuranceNewsNet

New JerseyNew Jersey — (SBWIRE) — 07/07/2022 – The Global Neo Banking Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 Global Spread) is the latest research study published by HTF MI evaluating analysis from the risk side of the market, highlighting …

Read More »

Did Baker McKenzie conquer Thailand?

Last week, Baker McKenzie announced the promotion of eight associates to its Bangkok office. Of all the firm’s remote offices globally, only Singapore has seen more lawyers promoted (nine). And this year’s promotions followed those of last year, when Baker McKenzie promoted eight other lawyers in Thailand. This major partnership …

Read More »

Pathfinder Bancorp, Inc. Annou – GuruFocus.com

OSWEGO, NY, July 06 10, 2022 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. has announced that Meghan Crawford-Hamlin and Eric Allyn have been elected to its board of directors, according to Chris Burritt, chairman of the board. The election took effect on May 13, 2022 at the annual meeting of Pathfinder …

Read More »

Ukraine Recovery Conference URC2022 Outcome Document: “Lugano Declaration” (Lugano, 4-5 July 2022) – Ukraine

Attachments We, Heads of State and Government, Ministers and High Representatives of Albania, Australia, Austria, Belgium, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Iceland , Israel, Italy, Japan, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Moldova, Netherlands, North Macedonia, Norway, Poland, Portugal, Republic of Korea, Romania, …

Read More »

Investment Banking, Private Equity and Mental Health Financing

Investment banks and private equity firms are pumping billions of dollars into mental health companies, including psychology firms, telehealth platforms, new drugs, mental institutions, meditation apps and other digital tools. According to the World Health Organization, about a third of Americans report symptoms of anxiety or depression. Mental health …

Read More »

Infographic | Concerns with Instant Loan Apps

Infographic | Concerns with Instant Loan Apps Some concerns about instant loan app include high interest rate and misuse of data DHNS, Jul 05, 2022, 4:04 PM ist updated: 05 July 2022, 16:04 ist According to a survey conducted by LocalCircles, up to 14% of Indians have used instant loan …

Read More »

Somalia authorizes the first two foreign banks since 1970

By ABDULKADIR KHALIF The Central Bank of Somalia (CBS) licensed the first two foreign lenders since 1970. Central Bank Governor Abdirahman Mohamed Abdullahi said Egypt’s Bank Misr and Turkey’s Ziraat Katli can now operate in the country after the board approved their applications. “The CBS Board of Directors has concluded …

Read More »

Latest news on the Russia-Ukraine war: live updates

Ukrainian forces withdrew from Lysychansk on Sunday, allowing Russia to claim control of the town that had been Kyiv’s last stronghold in the eastern Luhansk region. Ukrainian President Volodymyr Zelensky pledged to return, “thanks to our tactics, thanks to increasing the supply of modern weapons. Ukraine is not giving up. …

Read More »

sebi: Sebi seeks information on top-rated companies via “support structures”

The Securities and Exchange Board of India (Sebi) has asked credit rating agencies to share information on all companies whose ratings are backed by sponsor or parent company guarantees and equity pledge. The capital market regulator has also sought details of companies that have refused, often for years, to share …

Read More »

Sumitomo Mitsui DS Asset Management Company Ltd increases its equity holdings in SL Green Realty Corp. (NYSE: SLG)

Sumitomo Mitsui DS Asset Management Company Ltd has increased its holdings in SL Green Realty Corp. (NYSE: SLG – Get Rating) by 13.0% during the 1st quarter, according to its last filing with the Securities and Exchange Commission (SEC). The fund held 7,052 shares of the real estate investment trust …

Read More »

First Trust Senior Loan Fund (NASDAQ:FTSL) Short Interest Update

First Trust Senior Loan Fund (NASDAQ:FTSL – Get a rating) saw a sharp drop in short-term interest rates in June. As of June 15, there was short interest totaling 44,800 shares, a decrease of 33.0% from the total of 66,900 shares as of May 31. Based on an average daily …

Read More »

ServisFirst Bank announces an addition – GuruFocus.com

CHARLOTTE, NC, May 13, 2022 (GLOBE NEWSWIRE) — ServisFirst Bank, a subsidiary of ServisFirst Bancshares (:SFBS), announces the addition of two seasoned bankers from Charlotte to ServisFirst Bank Piedmont. Craig May, III will serve as Charlotte Regional Chair and Robert Shell, II joins the team as Executive Vice President, Chief …

Read More »

Ukrainians living in British guest rooms

One day, shortly after Russia invaded Ukraine, a seventeen-year-old named Tymur Sabri was visiting his grandmother in a village outside Kyiv. Tymur is lanky – he loves to play basketball – with messy hair and a deep voice. Before the war, he lived in Kyiv with his parents and an …

Read More »

Swiss FinTech Kashet Announces Appointment of European Banking Heavyweight as Chairman

Alex Wilmot-Sitwell joins ‘one of Europe’s most exciting FinTechs’ ahead of launch London, UK and Zug, Switzerland, 11:00 a.m. on June 27, 2022: Swiss fintech Kashet Group AG announced Alex Wilmot-Sitwell, executive of Perella Weinberg Partners and former European president of Bank of America Merrill Lynch, as chairman. Wilmot-Sitwell brings …

Read More »

Ovialand offers ‘instant home, instant financing’ to Filipino families

Every family dreams of having a beautiful house to live in. However, building a house can take time. Add to that the financing process to buy a house. But Ovialand, Inc., a mass-housing real estate developer, offers “Instant Home, Instant Financing,” which means providing fast, yet quality home building and …

Read More »

‘No guarantees’ Fed can tame inflation without hurting jobs, warns Powell

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said there’s “no guarantee” the central bank can tame runaway inflation without hurting the labor market. Speaking at a European Central Bank forum in Sintra, Portugal, on Wednesday, Powell reiterated his hope that the Fed can achieve a so-called soft landing – …

Read More »

SBI, Route Mobile J&K Bank, Tata Steel and others

Nifty futures on the Singapore Stock Exchange traded 160.5 points, or 1.01%, at 15,681.50, signaling Dalal Street was heading for an early shift on Wednesday. The rally over the past hour of trading helped the market close with moderate gains over the past session, supported by autos, metals, IT, some …

Read More »

NCR has the right to investigate the instant loans company, according to court rules

The National Credit Regulator (NCR) was within its rights to open an investigation into instant loan company Dacqup Finance on reasonable suspicion that it violated the National Credit Act (NCA), according to a Supreme Court ruling of Appeal (SCA) rendered. Last week. Dacqup, trading as ABC Financial Services, a registered …

Read More »

Rakesh Jhunjhunwala’s portfolio stock hits 52-week low. Should you accumulate?

Portfolio of Rakesh Jhunjhunwala: After a low quotation on December 10, 2021, the share of Star Health and Allied Insurance has continued to plunge. On Monday, Star Health stock price hit a new all-time low of ₹511 each on NSE. Earlier, also on Friday and Thursday, this Rakesh Jhunjhunwala stock …

Read More »

Prime Minister says government is working on communication to accelerate industrialization

Prime Minister Sheikh Hasina said on Monday that the government is developing communication systems across the country, as developed communications accelerate industrialization and boost trade and business. “We are reviving rail communication, laying new railway lines and reactivating rivers through dredging, alongside building bridges. . . . A developed communication …

Read More »

Russian-Ukrainian War News: Live Updates

A Ukrainian soldier in Sievierodonetsk last week.Credit…Oleksandr Ratushniak/Reuters LVIV, Ukraine — Days after Ukrainian officials confirmed their forces had withdrawn from the devastated industrial city of Sievierodonetsk, the city’s exiled mayor on Monday painted a grim picture of life for those left behind- low, in an eastern pocket where Russian …

Read More »

Sanjay Sharma will lead SEI’s Pr

SEI’s Leadership Evolution Reinforces Strategic Focus on Growth OAKS, Pa., June 16, 2022 /PRNewswire/ — UTE® (NASDAQ: SEIC) today announced that Sanjay Sharma was appointed head of its Private Banking business segment. Sharma will be responsible for the overall strategy and growth of the business through the provision of comprehensive …

Read More »

Glassman Wealth Services increases its equity position in The Walt Disney Company (NYSE:DIS)

Glassman Wealth Services increased its stake in The Walt Disney Company (NYSE: DIS – Get Rating) by 14.6% during Q1, HoldingsChannel reports. The company held 8,562 shares of the entertainment giant after purchasing an additional 1,094 shares during the period. Glassman Wealth Services’ holdings of Walt Disney were worth $1,174,000 …

Read More »

Sievierodonetsk falls to Russia after one of the bloodiest battles of the war

Capture of Sievierodonetsk big win for Russia Ukraine says it is carrying out a “tactical withdrawal” Dozens of missiles hit Ukrainian military bases KYIV/POKROVSK, Ukraine, June 25 (Reuters) – Russian forces have fully occupied Sievierodonetsk, the mayor of the eastern Ukrainian city said on Saturday, confirming Kyiv’s biggest battlefield setback …

Read More »

First Trust Senior Loan Fund (NASDAQ:FTSL) Increases Dividend to $0.15 Per Share

First Trust Senior Loan Fund (NASDAQ:FTSL – Get a rating) announced a monthly dividend on Thursday, June 23, Zacks reports. Shareholders of record on Monday, June 27 will receive a dividend of 0.153 per share on Thursday, June 30. This represents an annualized dividend of $1.84 and a yield of …

Read More »

Wedge Capital Management LLP NC sells 2,593 shares of Sandy Spring Bancorp, Inc. (NASDAQ: SASR)

Wedge Capital Management LLP NC reduced its position in shares of Sandy Spring Bancorp, Inc. (NASDAQ: SASR – Get a rating) by 2.5% in the 1st quarter, Holdings Channel.com reports. The fund held 101,332 shares of the bank after selling 2,593 shares during the quarter. Wedge Capital Management LLP NC’s …

Read More »

PleaseLoan eliminates endless loan lines with its online platform that makes the borrowing process easier

The loan company provides loan services to government and private employees to help them with additional resources that can help their financial difficulties Award Loans are unsecured, fixed, low-interest loans specifically designed for federal employees. These loans are easily accessible even for employees who have bad credit because the loans …

Read More »

Where does Wall Street think shares of DiamondRock Hospitality Company (DRH) will go?

Analysts who follow DiamondRock Hospitality Company (DRH) on average expect it to grow by 29.87% over the next twelve months. These same analysts give the stock an average buy rating. This average rating earns HRD an analyst rating of 14, meaning it ranks above 14 of stocks, based on data …

Read More »

The current line of credit is no longer suitable | Company

Association Teacher. Dr. DANG NGOC DUC, former Director of Banking and Finance Institute of National University of Economics recently shared his thoughts on this issue with Saigon Investment. JOURNALIST: – Sir, many commercial banks are short of credit line while needing to increase their credit balance to support the economic …

Read More »

Nike ‘leaves Russian market for good’ after Ukraine invasion

Global sportswear brand Nike has announced its permanent withdrawal from Russia. The move sees him distancing himself from the nation following his invasion of Ukraine earlier this year. Like many retailers and companies, Nike initially pulled out of the state after the invasion – which President Vladimir Putin calls a …

Read More »

DNB Asset Management AS increases its equity position in First Republic Bank (NYSE:FRC)

DNB Asset Management AS has increased its equity stake in First Republic Bank (NYSE: FRC – Get a rating) by 4.9% in the first quarter, Participation channel reports. The company held 28,732 shares of the bank after purchasing an additional 1,337 shares during the quarter. DNB Asset Management AS’s holdings …

Read More »

RDA Financial Network increases its equity holdings in The Boeing Company (NYSE:BA)

RDA Financial Network increased its stake in The Boeing Company (NYSE:BA – Get Rating) by 11.8% during Q1, HoldingsChannel reports. The company held 5,034 shares of the aircraft manufacturer after acquiring an additional 532 shares during the period. RDA Financial Network’s holdings of Boeing were worth $964,000 when it last …

Read More »

Flexiti reaches $2 billion in loans

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. Fast-Growing Canadian Fintech Brand Doubles Lending Volume in Less Than a Year TORONTO–(BUSINESS WIRE)–Flexiti Financial Inc. (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, is pleased to announce that the company has reached $2 billion dollars …

Read More »

Financial aid from Ukraine since the invasion amounts to 30 billion dollars

kyiv: According to the Financial Stability Report of the National Bank of Ukraine of June 2022, the total announced and actual aid given to Ukraine by international partners since the beginning of the “invasion” by Russia has amounts to 30 billion dollars. “Significant financial assistance is also provided directly to …

Read More »

Helena Gottschling sells 405 shares of Royal Bank of Canada (TSE:RY)

Royal Bank of Canada (TSE:RY – Get a rating) (NYSE:RY) Chief executive Helena Gottschling sold 405 shares of the company in a trade on Tuesday, June 21. The stock was sold at an average price of CA$126.27, for a total transaction of CA$51,140.36. As a result of the transaction, the …

Read More »

Defense PSU stock to consider final dividend for FY22 next week

Government Aerospace and Defense Company Hindustan Aeronautics Limited (HAL) has informed that its Board of Directors will meet next week on Tuesday June 28, 2022 to consider and recommend the final dividend for FY22. HAL shares will were trading up more than 3% in early trades Tuesday at ₹1,777 each …

Read More »

How is the great CBDC experience going?

In March 2022, Joe Biden formally asked the Federal Reserve (FED) to urgently begin developing plans for a US central bank digital currency (CBDC), or so-called “digital dollar”. The U.S. government is now beginning to recognize the latent opportunities in the booming digital asset market and hopes to use this …

Read More »

The Russian battle for the Donbass village rages on

“Decisive” battles raged in villages around Sievierodonetsk on Monday as Russian forces launched an offensive aimed at encircling Ukrainian troops desperately trying to hold the crucial eastern town, the Ukrainian military said. Deputy Defense Minister Hanna Maliar, speaking on Ukrainian television, said the Kremlin had “thrown virtually all of its …

Read More »

Liverpool are preparing a loan for Wijnaldum

3 minute of reading 19/6/2022 | 5:45 p.m. Liverpool have already completed two signings and are about to complete their third with Calvin Ramsey, and now a surprising new potential transfer target has emerged. What’s the latest? According to The Irish Daily Star newspaper (via Cashmere doors), Liverpool could consider …

Read More »

The Crypto Crash: All Ponzi Schemes End Up Tipping | Robert Reich

OA week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with over a million customers that has become a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals “due to extreme market conditions.” Earlier last week, Bitcoin fell 15% …

Read More »

‘I urge Boris Johnson to convene a summit of all world leaders now’: a plea from ex-PM GORDON BROWN

As someone who, as Prime Minister, had to weather the storms of economic turmoil in 2008 when the global financial crash hit our country, the multi-faceted challenges facing Britain today are not are not what I would wish on any of my successors – Labor or Conservative. From the cost …

Read More »

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Given the average recommendation of “Hold” by brokerage houses

Shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS: SVKEF – Get an assessment) received an average rating of “Hold” from the seven brokerages that currently cover the business, reports Marketbeat Ratings. One analyst rated the stock with a sell rating, one issued a hold rating and three issued a buy …

Read More »

Oracle Stock Looks Like a Buy Even in a Recession

Text size Oracle expects its cloud business to grow by at least 30% in its next fiscal year. David Paul Morris/Bloomberg Amid a diabolical mix of rising rates, high inflation and fears of recession, the tech sector offers little hiding place for investors. The market is avoiding high-growth, profitless software …

Read More »

The ‘quick’ loan craze in advertising sends a coded signal to the desperate

screenshot Quick loans, quick loans, approval in just 60 seconds. What about the need for speed when borrowing money? OPINION: The mania for quick loans, quick loans, loans in just 60 seconds, is not all it seems. There are rules in the Responsible Lending Code covering the advertising of loans. …

Read More »

Preferred Bank Announces Stock – GuruFocus.com

LOS ANGELES, June 07, 2022 (GLOBE NEWSWIRE) — Privileged Bank (PFBC), (“the Bank”), an independent commercial bank, today announced that it has received all required approvals to proceed with its share buyback plan. In May 2021, the Bank’s shareholders approved a $50 million share buyback plan. Under this plan, the …

Read More »

Impact of Russia-Ukraine War on Indian Economy by Ajay Amar Associates

The BFSI sector of any country is impacted by the national macro-economic factors and the global political-economic scenario. Additionally, globally disruptive events like the Covid-19 pandemic are pushing the industry towards digital transformation and process innovation. And while such occurrences are rare, their impact is lasting. The Ukraine-Russia war is …

Read More »

IDB BANK ANNOUNCES DANIEL ROBERTS AS NEW CHIEF RISK OFFICER

Roberts will bring more than three decades of leadership experience in the financial sector to the IDB. NEW YORK, June 16, 2022 /PRNewswire/ — IDB Bank, a New Yorkprivate and commercial bank, announced the appointment of Daniel Robert as the new Chief Risk Officer (CRO). In his role, Roberts will …

Read More »

Personal Loan Marketing Ideas to Attract More Customers Online

As getting a personal loan is the best way to meet personal financial needs, people often search and apply for instant loans online. This is the reason why loan companies must adopt advanced and reliable marketing strategies that match the needs and demands of modern customers. The US personal loan …

Read More »

Dubai establishes Salik as public joint-stock company ahead of possible IPO

Sheikh Mohammed bin Rashid, vice president and ruler of Dubai, has issued a regulation to transform the emirate’s road toll operator Salik into a public joint-stock company ahead of its potential IPO. Under Law No. (12) of 2022, the Government of Dubai owns all shares of Salik Company, the Dubai …

Read More »

KeyCorp (NYSE:KEY) given analysts’ average “hold” recommendation

KeyCorp (NYSE:KEY – Get Rating) shares received a consensus rating of “Hold” from the sixteen research firms that cover the company, MarketBeat reports. Two investment analysts rated the stock with a sell recommendation, six gave the company a hold recommendation and seven gave the company a buy recommendation. The 12-month …

Read More »

Yemen Economic Monitor, Spring 2022: Clear skies over Yemen? – Yemen

Attachments The first issue of the Yemen Economic Monitor (YEM) was launched on June 13, 2022. The YEM is expected to be a regular publication prepared by the Middle East and North Africa Macroeconomics, Trade and Investment (MTI) Global Practice ( MENA) Region. The Yemen Economic Monitors (YEM) will consist …

Read More »

CrossFirst in Kansas buys Central Bancorp to move into Colorado, Mexico

CrossFirst Bankshares of Leawood, Kansas, has agreed to pay $75 million in cash to acquire Central Bancorp of Clayton, New Mexico, the holding company of Farmers & Stockmens Bank, with assets of $567.5 million . Monday’s deal, which is expected to close in the second half of 2022, would give …

Read More »

Get cash immediately with Instant Personal Loan from Fullerton India

Bombay, Maharashtra, India: Need an instant loan for a sudden expense? A Fullerton India personal loan is one of the best options when you need funds quickly. With features like instant approval in principle*, no restrictions on end use of loan amount, and no collateral requirements, personal loans are …

Read More »

S&P 500 Falls Into Bear Market: Live Updates

The offer seemed too good to pass up: deposit your cryptocurrency and receive a return of up to 18%. That was the promise of Celsius Network, an experimental cryptocurrency bank with over a million customers that has established itself as a leader in the murky world of decentralized finance, or …

Read More »

Truist Wealth enters Chicago with an experienced team of wealth management professionals

High net worth, high net worth and ultra high net worth individuals, families and business owners will benefit from Truist’s planning-centric service model CHARLOTTE, North Carolina and CHICAGO, June 13, 2022 /PRNewswire/ — Truist Wealth today announced that it has entered Chicago with a team of 10 people made up …

Read More »

LegalTech B2B Market Demand and Future Scope with Russia-Ukraine Crisis Impact Analysis – Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, Skadden, Arps, Slate, Meagher & Flom LLP, Allen & Overy, Barclays Bank – Indian Defense News

B2B LegalTech Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19 Impact Analysis and Projected Recovery, and Market Sizing and Forecast. Latest research launched on Global B2B legal technology market, it provides a detailed analysis with presentable graphs, …

Read More »

Summary of Executive Wealth Management Moves in Asia Pacific – April 2022

A roundup of industry moves and appointments in April. Several notable appointments have been made at companies such as Standard Chartered, Citigroup and BNP Paribas. Deutsche Bank’s international private banking arm has made two appointments to its Asia-Pacific discretionary portfolio management arm. Stefanie Holtze-Jen has been named Head of Asia-Pacific …

Read More »

Loan contracted for Padma Bridge to be repaid in 35 years: Quader

Road Transport and Bridges Minister Obaidul Quader said the loan taken by the Bridges Division from the Ministry of Finance to construct the Padma Bridge will be repaid over the next 35 years. “The Bridge Division has taken a loan from the Ministry of Finance for the construction of the …

Read More »

THIS WEEK: The equity market continues its bullish trend as the exchange rate depreciates further

This week, commercial banks in Nigeria raised lending interest rates by up to 200 basis points (2%). Nigerian banks have also taken another opportunity to reiterate CBN’s ban on cryptocurrency transactions to their customers. The Nigerian stock market closed on a positive note during the week, with the all-stock index …

Read More »