Mutual Fund or Bank deposit ?
(Click here to subscribe to the Delivering Alpha newsletter.)With $1.5 trillion in assets, Franklin Templeton is among America's top 10 asset managers, and growing. Over the last few years, the firm has acquired asset manager Legg Mason, custom index provider O'Shaughnessy Asset Management, and secondary private equity investor Lexington Partners, among
Read More
Export Import Bank of India (EXIM Bank) on Thursday reported a nearly three-fold jump in its profit after tax (PAT) to Rs 738 crore in the fiscal ended in March 2022 compared to Rs 254 crore in the year-ago period. The development finance institution sanctioned loans aggregating to Rs 68,863
Read More
() chief Atul Kumar Goel on Thursday said the bank will raise the repo-linked lending rates from next month. The move comes against the backdrop of Reserve Bank of India (RBI) hiking the repo rate by 40 basis points (bps) last week amid rising inflation. Goel, the state-owned
Read More
How many of you want to wear the same clothes as your friends or neighbours? Not only is your size and fit different, but your taste would be different too. More importantly, you may also want to look different and feel different. But when it comes to investments, why
Read More
iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus.Courtesy: Goldman SachsA Goldman Sachs executive known for securing some of the industry's biggest credit-card deals in recent years has left to join early stage start-up iCreditWorks, CNBC has learned.Scott Young, who was chief commercial officer of Goldman's
Read More
Everybody wants to become financially independent. But very few actually get there. Why? There can be various reasons but I think that achieving financial freedom doesn’t just happen overnight. It requires one to have a serious plan and more importantly, to commit to that plan. But that’s easier said
Read More
Masayoshi Son speaks during a joint announcement with Toyota Motor to make new venture to develop mobility services in Tokyo in October 2018.Alessandro Di Ciommo | NurPhoto | Getty ImagesJapanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company
Read More
Take a look at some of the biggest movers in the premarket:Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to "underweight" from "overweight." Wells Fargo said 2022 could represent a profit peak for legacy automakers,
Read More
Crypto firm Tether has been reducing the amount of commercial paper in its reserves.Jakub Porzycki | Nurphoto | Getty ImagesTether, the world's largest stablecoin, broke below its $1 peg Thursday amid panic in the crypto market.The token sank to as low as 98 cents at around 3:30 a.m. ET,
Read More
Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies.Jaap Arriens | NurPhoto | Getty ImagesBitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their losses amid fears over rising inflation and the collapse of a controversial stablecoin project.The price
Read More