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Commercial Bank of Ceylon wants to expan...

The Sri Lanka-based Commercial Bank of Ceylon PLC (CBC) wants to expand SME (small and medium enterprise) lending in Bangladesh with an aim to migrate small businesses to corporate status. The bank that has focused on trade and finance will now strengthen retail banking amid rising spending power of consumers. CBC Bangladesh started its operation […]

Americans suspend investments because of...

The ongoing Russian-Ukrainian war is hurting Americans’ financial outlook, sparking a desire to save more and postpone investments, according to a MassMutual survey. But avoiding stock market volatility can be a mistake, according to financial experts. Two-thirds of Americans fear the conflict will hurt their wallets, with nearly half keen to save more money and […]

People on the Move: March 11

People on the Move is an overview of recent hirings, promotions, appointments, and other notable moves by state professionals. If you would like to submit an application, please contact [email protected] Rita Landgraf | Photo courtesy of DBT President Joe Biden appointed Rita Landgraf for the Assistant Secretary for Aging at the US Department of Health […]

How Honeywell Group Limited (HGL) is mak...

What could have been Nigeria was expected to be the fastest growing hospitality market with an expected compound annual increase of 12% from 2019 to 2023 according to a PwC projection. At the start of 2020 however, the COVID-19 pandemic spread globally and the tourism industry was one of the hardest hit. Globally, the tourism […]

I still plan to retire at 65 and am bett...

I don’t want the government telling me when I can retire, and I think by investing in UK stocks I can take the decision into my own hands. I count on the FTSE100 and FTSE250 to build the wealth I need to stop working at a time of my choosing. The legal retirement age is […]

MOSERS votes to stop Russian investments

JEFFERSON CITY — Missouri’s state workers’ retirement program will sell off its Russian holdings and cease all business with the country, its board of directors decided Thursday. The board of directors of the Missouri State Employees Retirement System (MOSERS) convened for a special meeting Thursday afternoon, with the only item on the agenda being its […]

SM Investments posts 65% net profit grow...

SM Investments Corp. (SMIC), led by Sy, recorded a 65% increase in its net income for 2021, mainly thanks to the contributions of its banking units during the period. The SMIC declared a net income of 38.5 billion pesos in 2021, compared to 23.4 billion pesos the previous year. Consolidated revenue for the year increased […]

Banking, a sector that is quick to emerg...

Profits hit a record high just a year after the Covid-19 pandemic brought economic activities to a halt. [iStockphoto] Winston Churchill made a famous observation during the darkest days of World War II: Never let a good crisis go to waste. For Kenyan banks, this rings true. It has become an industry that recognizes a […]

SM Investments assesses retail sale of P...

SM Investments Corp. on Monday priced its 15 billion peso retail bond offering, the proceeds of which will refinance long-term debt and maturing bonds and fund general corporate operations. SMIC said in a statement to the stock exchange that the three-year Series I retail bond will bear an interest rate of 3.5915% to maturity in […]

ESMA guidelines on marketing communicati...

United States: ESMA guidelines on marketing communications for funds will start to apply February 02, 2022 Proskauer Rose LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On February 2, 2022, the new ESMA Guidance on Marketing Communications under the Cross-Border […]

Solana Funds: Yet Another Reason Why It’

Image source: Getty Images The cryptocurrency industry has seen its fair share of ups and downs over the past decade. However, despite the ongoing major sell-off in cryptocurrencies, the revolution that has taken place in the industry over the past two years is unlike anything it has seen before. I think now is a great […]

Fidelity Investments Canada ULC Announce...

TORONTO, January 20, 2022 /CNW/ – Fidelity Investments Canada ULC today announced the January 2022 cash distributions for Fidelity’s line of high dividend factor ETFs, fixed income ETFs and high monthly income ETFs. Fidelity Investments Canada ULC logo (CNW Group/Fidelity Investments Canada ULC) Detailed in the tables below, unitholders registered on the January 27, 2022 […]

Bank of America cuts overdraft fees

Bank of America announced that it is reducing its overdraft fee from $35 to $10. (iStock) Bank of America announced that starting in May it will reduce its overdraft fee – the fee a customer pays when their bank account has reached a negative balance – from $35 to $10. The bank will also eliminate […]

Hyderabad-based Caspian Equity to deploy...

Hyderabad: Based in Hyderabad, Caspian Equity, an impact investment firm for the past 17 years, has attracted funding from development finance institutions, family offices and HNIs and invested in the food and agriculture, SMEs and financial inclusion, and returned more than $180 million to investors. Saurabh Johri, Managing Director and CEO, Caspian Equity shares with […]

After supporting China Evergrande, this ...

He was once hailed as the future of China’s bank, a private lender that would strike money by outwitting public rivals. An unfortunate surge in home loans instead turned China Minsheng Banking Corp. one of the biggest victims of the real estate debt crisis that is shaking Asia’s largest economy. Beaten by growing losses on […]

Federal government allocates $ 3.53 mill...

The federal government is planning new investments of 3.53 trillion naira in Nigeria’s housing sector to fill the country’s 17 million housing shortfall. The investment is to be made over the next four years as part of the government’s strategies to boost housing provision and ensure affordable housing for Nigerians. These allocations, according to the […]

Fed rate hike on cards: bank ETFs likely...

Investors have been paying more attention to the banking sector lately, given the improvement in its performance over the past year. The S&P Banks Select Industry Index has jumped 35.7% in the past year compared to the 26.1% rise of the larger S&P 500 index. Several factors work in favor of space. The Federal Reserve […]

Remembering the not-so-expensive mutual ...

Walk through a cemetery and you will frequently see phrases such as “forever in our hearts” or “you will always be remembered”. The mutual fund graveyard is devoid of these fond memories, but if you look at the latest monuments – to funds that passed in 2021 – you’ll see a number of recurring descriptions, […]

Investments in infrastructure must focus...

Illustration by Andrea Ucini Text size Judith Rodin is the past president of the Rockefeller Foundation and the University of Pennsylvania and has served on nine boards of public companies. She is the author of The resilience dividend: being strong in a world where things go wrong. New federal dollars for infrastructure will go to […]

Mutual funds add ₹ 7 lakh crore to kitty

While it may not be an easy financial environment in 2022, some experts are hopeful that the impact of the Omicron variant of the novel coronavirus may not be as severe as those seen in the first two waves of the pandemic. “To a large extent, the world has learned to live with COVID and, […]

Nigeria Mutual Funds Attract N1.29tr Inv...

Investors in the Nigerian capital market invested 1.291 trillion naira in Nigerian mutual funds called collective investment schemes in 2021. Collective investment funds, also known as mutual funds, are joint investment vehicles through which investors pool funds and invest in a selected basket of securities in order to maximize returns and reduce the risks. Mutual […]

Are Exchange Traded Funds Right For You?

Exchange Traded Funds (ETFs) have grown in popularity year on year over the past decade. But like any investment, an ETF has its fair share of advantages and disadvantages. The real question, however, is whether ETFs are the right investment for you. A longtime follower of my column in The Star emailed me asking me […]

Initiatives to stimulate domestic and fo...

The government has taken various measures to boost domestic and foreign investment in India. These include reducing corporate tax rates, alleviating the liquidity problems of NBFCs and banks, improving the ease of doing business, FDI policy reforms. , reduction of the compliance burden, policy measures to boost domestic manufacturing through government orders, phased manufacturing program […]

Barings Mutual Funds now consolidated wi...

SPRINGFIELD, Mass .– (BUSINESS WIRE) – December 13, 2021– Massachusetts Mutual Life Insurance Company (MassMutual) today announced that the consolidation of Barings’ mutual funds with MassMutual Funds 1 on the MassMutual Investments 2 platform announced earlier this year has been approved by the fund’s shareholders, and the funds were transferred successfully. This press release features […]

Booming foreign investment | The star

CLICK TO ENLARGE PETALING JAYA: Foreign direct investment (FDI) in Malaysia is expected to increase by next year, with investment in technology and green technologies being the potential new areas of growth for foreign entry. The spread of the Omicron variant, on the other hand, should not dampen FDI inflows. Malaysian Institute of Economic Research […]

What will be the impact on debt funds?

On December 8, the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) left policy rates unchanged and persisted in its dovish stance, citing uncertainty around the new variant of Covid. This is the ninth consecutive policy meeting in which the rate-setting group has maintained key rates. The MPC kept the repo rate (the rate […]

Russell Investments strategists see mode...

SEATTLE – (COMMERCIAL THREAD) – Russell Investments strategists predict 2022 to be a year of moderation for economic growth, inflation and returns on investment, and they believe the global economy is poised for another year of growth. Overall, the team’s Global Market Outlook 2022 maintains a moderately positive medium-term view for global equities. “After a […]

Neo-bank on innovation – The Bull & Bear

The COVID-19 pandemic has catalyzed technology adoption and accelerated innovation even in the most static industries. Long-standing financial institutions in the Western world have not been immune to the changing tides. With home orders limiting mobility in society, people needed online bank accounts to meet their personal banking needs and turned to a growing cohort […]

New to the stock market? 3 investments ...

gand starting out as an investor can be a bit daunting. Everything is moving fast these days, and so many people seem to have a better understanding of how things work. It’s easy to justify staying on the sidelines. Don’t let all the noise put you off, though. Much of what you hear is just […]

Investing in the Australian and New Zeal...

The easiest way to invest in stocks is to buy exchange traded funds. But you can dramatically increase your returns by choosing above-average stocks. Namely, the Australia and New Zealand Banking Group Limited The stock price (ASX: ANZ) is 16% higher than a year ago, far better than the market yield of around 9.8% (excluding […]

How mutual funds missed the Power Grid r...

Call it an error in judgment, but domestic mutual funds (MFs) have missed the boat by investing in India’s leading PSU power companies. Over the past 24 months, MFs have stuck with their higher portfolio allocation to NTPC as the rally in another PSU Power Grid Corporation has taken the markets by surprise. Power Grid […]

Fidelity Investments Canada ULC Launches...

~ Leverage Institutional Level Security and Fidelity’s Global Leadership in Bitcoin and Blockchain ~ TORONTO, December 2, 2021 / CNW / – Fidelity Investments Canada ULC, one of from Canada leading investment management firms, today announced the launch of the Fidelity Advantage Bitcoin ETFâ„¢ and the Bitcoin Fidelity Advantage ETF fundâ„¢ for investors looking for […]

Powell’s warning: Fed to tighten credit

By CHRISTOPHER RUGABER, economic editor of the AP WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell on Tuesday took a sudden and unexpected turn to tighten consumer and business credit amid growing concerns over high inflation. Powell has signaled that the Fed will likely move faster to phase out its ultra-low interest rate policies even […]

SIP In Debt Funds – Here’s Why They Are

Setting aside a set amount of money each month specifically for saving or investing is the best way to build wealth. For people willing to invest a fixed amount each month rather than a one-time investment of a huge amount, starting a SIP is the most preferred option today. The fall in the interest rate […]

Schroder British Opportunities Joins Six...

Schroder British Opportunities was the only trust to receive an “Elite Radar” rating in the latest round of reviews. Juliet Schooling Latter, research director at FundCalibre, pointed out that this was one of the few products to be launched in response to Covid-19. “The portfolio consists of 30-50 small and medium public and private companies […]

Burnt by the market? Try these 3 passiv...

Whether you’ve been an investor for 30 days or 30 years, you know that at least one thing is true: Trying to beat the market by constantly trading stocks in search of the next big thing is hard to do. Suggestions that over 80% of true short-term traders ultimately lose money seem outrageous – until […]

Why public banking is a step towards rev...

PHOTO COURTESY OF TWITTER / @ SANTIAGOAD53 The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city council member’s office in the spring of 2019. A group of us had spread out through City Hall to talk […]

Betsy Ratto, Leader in Commercial Bankin...

In this new role, Ms. Ratto will be responsible for the creation and execution of corporate finance and capital markets operations, with a focus on the retail sector and other finance operations. . Ms. Ratto will be based at Hilco’s Boston office and will work to identify and create lending / investment opportunities through Hilco […]

Infrastructure funds increase in Spain w...

11/08/2021 at 08:39 CET Araceli Munoz “Spain is probably one of the most dynamic economies in the European Union. If you look at the world of infrastructure, this is one of the big hotbeds of international funds. We like the fact that Spain is very receptive to foreign investment and has excellent management teams, ” […]

Investments to avoid in 2022

* This content is brought to you by Brenthurst Wealth By Ruan breed * It is traditional this time of year to give investors a glimpse of what to expect for the coming year. These predictions usually focus on the opportunities you should be looking to grab, but I’ll break that tradition by offering information […]

Public banking has the potential to trul...

The potential of public banks – or the management of taxpayer funds through state-controlled financial institutions rather than private banks – became real to me in my city councilor’s office in the spring of 2019. One a group of us had spread out through City Hall to talk with each board member about the benefits […]

Mike Eisenga Answers: How involved are p...

Many business successes have been fueled by investments from private equity firms. Michael Eisenga explains how involved these companies are. UNITED STATES, November 4, 2021 /EINPresswire.com/ – There are countless stories of private equity firms turning relatively small and unknown companies into powerful success stories. Backed by large investments, the drive to succeed, and industry […]

Fidelity appoints regional head of priva...

He brings over 15 years of experience in the asset management and private banking industries. Fidelity investment manager appointed Johann santer as APAC ex-Japan regional manager for private banking and wealth management, and will lead an expanded team of senior distribution experts in Hong Kong and Singapore, the company said in a statement on Monday. […]

Racial Equity Initiative Launches $ 250 ...

PHOTO | JOHNSON C. SMITH UNIVERSITY Johnson C. Smith University has received millions of dollars of investment under the Mayor’s Racial Equity Initiative to address inequalities and remove barriers to economic opportunity. A $ 250 million initiative to promote racial equity by investing in Charlotte’s historically neglected communities of color. Political, business, community and philanthropic […]

How to use debt to fuel your investments

Source: Getty Images American citizens have $ 15 trillion in household debt. In this astronomical number, there are both good and bad loans. When people borrow and spend money on something that won’t increase in value (often with no other choice), they incur bad debt. But when used to invest in something that appreciates more […]

China mutual funds reach $ 3.75 billion ...

TOKYO / SHANGHAI – As the China Evergrande group debt crisis rocked Chinese financial markets, the Chinese version of Twitter came alive with posts talking about mutual funds. “99.99% of people should buy mutual funds instead of picking stocks themselves,” a post on Weibo read. “These are the reasons I recommend mutual funds over individual […]

Outlook: Should the US Postal Service Gr...

YES: affordable financial services would be accessible in each community at local post offices By Nicole Ndumele The U.S. Postal Service recently launched a Postal Banking Pilot Program that allows customers to cash paychecks and business checks up to $ 500 in four cities: Washington, Baltimore, the Bronx and Falls Church, Va. . This modest […]

3 long-term investments you will thank y...

Has this manic market made you more of a trader and less of a true buy and hold investor? You’re not alone. The environment has recently rewarded some short-term transactions, and obscured what can reasonably be expected in the future. The winning investment philosophies, however, have not been changed. It’s always a game ultimately won […]

China Evergrande prepares funds for paym...

Breadcrumb Links PMN company Author of the article: Reuters Clare Jim and Andrew Galbraith Content of the article HONG KONG / SHANGHAI – China Evergrande Group has provided funds to pay interest on a US dollar bond, a person with first-hand knowledge of the matter told Reuters on Friday, days before a deadline that allegedly […]

Listen: Why You Should Consider Investin...

Hi hello. Welcome to ETMarkets Morning, the money, business and markets show. I am Nikhil Agarwal. Let’s start with the headlines first. – Gita Gopinath leaves her post at the IMF– The Center is considering amending the law on drugs to make it stronger– Ola’s top executives exit ahead of potential IPO– Gasoline and diesel […]

Eshraq Investments’ Marina Rise developm

The company is exploring plans to develop adjacent land as part of its long-term land monetization strategy. Eshraq Investments PJSC (Eshraq), Abu Dhabi’s investment firm listed on the Abu Dhabi Securities Exchange (ADX), announced that its first mixed-use project on Reem Island, Marina Rise, is leased to more than 60 percent within 60 days of […]

4 top-rated thematic funds by Crisil for...

Crisil thematic programs classified 5 stars Thematic Fund 1 year SIP performance SIP performance over 3 years SIP performance over 5 years Minimum SIP amount BOI AXA Manufacturing & Infrastructure Fund – Growth 61% 38% 22% Rs. 1000 DSP Fund for Natural Resources and New Energies – Regular Plan – Growth 62% 37% 21% Rs. […]

6 best investments for beginners

With the stock market and apparently every other asset class booming, newbies might be eager to dip their toes in the waters of investing. But before making an investment, it’s important that new investors know what their tolerance for risk is. Some investments carry more risk than others and you don’t want to be surprised […]

Citi Launches New Holistic Digital Polic...

LONDON–(COMMERCIAL THREAD) – Citi today launched its latest Global Perspectives & Solutions (Citi GPS) report titled HOLISTIC DIGITAL POLICY – Nation states must lead the way in building equitable, human-centered digital economies. The report outlines a number of focus areas designed for countries and governments to assist them in the process of transitioning to a […]

Delaware Investments® Dividend and Incom

PHILADELPHIA CREAM – (COMMERCIAL THREAD) – Today Delaware Investments Dividend and Income Fund (the “Fund”), a closed-end fund listed on the New York Stock Exchange and traded under the symbol “DDF”, declared a monthly distribution of 0.0677 $ per share. The monthly distribution is payable on October 29, 2021 to shareholders of record at the […]

Ghanaian banking sector total assets of ...

Share it with more people! At the end of December 2020, the total assets of the banking sector stood at GH ¢ 149.3 billion, an increase of 15.7% compared to 22.8% at the end of December 2019. This compared to GH ¢ 128.98 billion recorded at the end of December 2019 with weaker asset growth […]

Total banking sector assets were GH ¢ 14

At the end of December 2020, the total assets of the banking sector stood at GH ¢ 149.3 billion, an increase of 15.7% compared to 22.8% at the end of December 2019. This compared to GH ¢ 128.98 billion recorded at the end of December 2019 with slower asset growth in 2020 reflecting the adverse […]

A bridge to Trinity: Missoula’s investme

Residents of Missoula gather outside the courthouse on “the longest night” to remember the homeless residents who have died in the past year. The city and county are investing heavily in homelessness with one-time federal funding, hoping it will serve as a gateway to better options. (Martin Kidston / Courant Missoula) With federal funding in […]

Insiders sold £ 1.3million of Lloyds Ban

Despite a 3.8% gain in Lloyds Banking Group plc (LON: LLOY) share price this week, shareholders should not give up. Despite the relatively low prices, insiders have made the decision to sell £ 1.3million of shares in the past 12 months. This could be a warning indicator of vulnerabilities in the future. While we never […]

CABS is committed to supporting private ...

OLD Mutual Zimbabwe’s banking subsidiary, the Central Africa Building Society (CABS), says it is committed to supporting private sector investments that can contribute to economic growth. The country’s economy is set to grow 7.8% this year, largely supported by the agriculture and mining sectors. Mr. Mehluli Mpofu, managing director of the bank, said CABS will […]

Is it worth considering Arbuthnot Bankin...

Readers wishing to buy Arbuthnot PLC banking group (LON: ARBB) for its dividend will have to act shortly, as the stock is about to trade ex-dividend. The ex-dividend date is generally set at one working day before the registration date which is the deadline by which you must be present in the books of the […]

SoftBank to Reduce Investments in Chines...

Alessandro Di Ciommo / NurPhoto via Getty Images SoftBank Group will reduce its investments in Chinese startups pending greater regulatory clarity, company founder Masayoshi Son said on Tuesday. “Until the situation becomes clearer, we want to wait and see,” Son said at a press conference, as reported. Reuters. “In a year or two, I think […]