Wednesday, August 10, 2022
Home > 2022 > June > 27

Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition

(Click here to subscribe to the Delivering Alpha newsletter.)Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world's largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the

Read More

SPACs wipe out half of their value as investors lose appetite for risky growth stocks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022.Brendan McDermid | ReutersSPACs, once Wall Street's hottest tickets, have become one of the most hated trades this year.The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have

Read More

Worst days over for South Indian Bank, slippages to fall, says MD Murali Ramakrishnan

Private sector lender is looking to restrict fresh slippages to Rs 1,600-1,700 crore this fiscal, compared with Rs 2,000 crore in FY22, despite setting a double-digit growth target in its loan books. Managing Director Murali Ramakrsihnan also told ET in an exclusive interview that the huge net profit it

Read More

S&P Global affirms ICICI Bank’s long-term issuer credit rating ‘BBB-‘ with stable outlook

will maintain its strong market position and market capitalisation over the next 12-18 months, S&P Global Ratings said on Monday, and affirmed its long-term issuer credit rating 'BBB-' with a stable outlook. The global ratings firm said the private sector lender is likely to sustain improvements in asset

Read More

Wall Street layoffs likely ahead as two-year hiring boom turns to bust

People walk by the New York Stock Exchange.Spencer Platt | Getty Images News | Getty ImagesLess than six months ago, Wall Street bankers were reaping the rewards from a historic boom in mergers and IPOs.Now, thanks to a confluence of factors that have cast a pall over markets and

Read More

Insurance penetration requires improving awareness and trust, say industry leaders ahead of National Insurance Awareness Day

The Covid-19 pandemic may have done what no amount of marketing by insurers has done but there’s still an urgent need to do more to create awareness, build trust, enhance ease of process, and improve access to boost penetration levels in India, the chief executives of several insurance companies

Read More

Stocks making the biggest moves premarket: Spirit Airlines, BioNTech, Robinhood and more

Check out the companies making headlines before the bell:Spirit Airlines (SAVE) – Spirit Airlines lost 4.7% in the premarket after saying it would accept the latest improved takeover bid from Frontier Group (ULCC). The latest Frontier cash-and-stock bid is valued at $2.7 billion based on Friday's closing prices, while

Read More

Visa | Health Insurance | MSME Cardholders : Plum partners with Visa to offer health insurance to MSME cardholders

Employee health insurance platform Plum has partnered with Visa, a leader in digital payments, to provide a health insurance plan to its MSME cardholders. Under this association, small business owners, who are also Visa's business card holders can receive health insurance covers, doctor consultations and a "host of other

Read More