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Klarna seeks new funding after valuation...

Klarna Bank AB is seeking to raise new money that could value the fintech giant at nearly a third less than the roughly $46 billion valuation it achieved just under a year ago , according to people familiar with the matter, an example of the struggles the technology faces. investment world. Klarna specializes in buy-it-now […]

Banks raise interest rates on deposits o...

VIETNAM, May 18 – A customer makes a deposit in a bank in Bình Dương province. HCM CITY – Many banks raised interest rates on deposits by 0.1 to 0.6 percentage points amid growing demand for funds. Last year, the average interest rates on six-month and 12-month bank deposits were 4.7% and 5.5%, down half […]

With $270m in new funding, Shankar Ramas...

Shankar Ramaswamy has no intention of repeating the Roivant playbook his brother started eight years ago. Instead, it wants to consolidate the gene therapy process and be the go-to store in a field that has walked a rocky road for many years. Amid a bear market, he and his 160-employee biotech landed a $270 million […]

Global equity funds see massive outflows...

(Reuters) – Global equity funds saw a surge in outflows in the week to May 11 as fears of an economic slowdown and further tightening by major central banks to rein in stubborn inflation spooked investors. In a fifth straight week of net selling, investors sold $10.53 billion worth of global equity funds, compared to […]

Interswitch receives new funding from Le...

By Adedapo Adesanya In 2022, Twitter was the place to be for the most interesting, important and impactful Ramadan conversations, with over 47 million related Tweets recorded worldwide during the holy month. This represents a 31% year-over-year increase over last year, reflecting Twitter’s role as a place to find out what’s happening in real time. […]

IDFC FIRST Bank pledges funds for social...

IDFC FIRST Bank has announced a commitment to contribute to social causes on behalf of every participant running the 10K in one hour race at TCS World 10K Bengaluru. The initiative aligns with the Bank’s philosophy of being a force for social good and the social inclusion theme of the 10K Bengaluru. TCS World 10K […]

EU mulls more funds for eastern states a...

By Francesco Guarascio BRUSSELS (Reuters) – The European Commission is considering offering landlocked states in the European Union’s east more money to upgrade oil infrastructure to convince them to agree to an embargo on Russian oil, it said on Monday. an EU source told Reuters. The measures are part of a broader package of new […]

Young joins GOP colleagues in proposing ...

Federal funds would not be allowed to be used for the U.S. Department of Homeland Security’s (DHS) Disinformation Governance Council under legislation introduced this week by U.S. Sen. Todd Young (R-IN) and 18 others republicans. DHS focuses on disinformation that threatens the safety of the American people, including disinformation disseminated by foreign states such as […]

New scandal rocks mutual fund industry, ...

Express press service MUMBAI: In another shock to mutual fund investors, who have yet to fully recover from alleged improprieties by senior Franklin Templeton executives, Axis Mutual Fund on Friday suspended two fund managers for serious violations. According to sources, the two fund managers – Viresh Joshi and Deepak Agarwal – made unwarranted gains through […]

fi: Neobank Fi makes foray into financia...

Bengaluru: Neo-banking platform Fi is making a foray into financial services, launching products such as mutual fund investing, peer-to-peer (P2P) investing and digital lending on its platform as well as other savings products. To start, the company will offer about 600 index funds and will increase the number in the future, the company said during […]

Super funds ready to lend to hotel inves...

Speaking as part of a roundtable of hotel owners at the conference, Dr Schwartz said he, “like many people”, was forced to seek financial capital outside of banks, “despite [his family] not miss a single mortgage payment in 50 years”. “In the midst of COVID-19, one of my banks said they wanted their money back, […]

Americans are ditching savings for retir...

Geber86 / iStock.com The combination of high inflation and lingering economic fears related to the COVID-19 pandemic could push more Americans to pay down debt and save for emergencies instead of building up retirement nest eggs, according to a recent survey by the First National Bank of Omaha (FNBO). Discover: 10 reasons why you should […]

Cabinet approves additional funds of ₹82

The Cabinet also granted approval in principle for a future cash injection of up to ₹500 crore to meet regulatory requirements and technology upgrade The Cabinet also granted approval in principle for a future cash injection of up to ₹500 crore to meet regulatory requirements and technology upgrade The Union Cabinet on Wednesday approved additional […]

Scammers spoof credit unions to steal fu...

Email security provider Avanan revealed in a report on Thursday that a new phishing campaign is exploiting credit unions to steal money and data. According to research by Avanan, phishing emails are disguised as legitimate messages from leading companies/companies. They are sent to trick the recipient into sharing the impersonated company’s login credentials and sensitive […]

Mutual Funds: Adjustment AMC Managers Ne...

Investing in mutual funds: Banking and IT stocks have always remained one of the favorite segments of the fund managers of Asset Management Company (AMC). This has led to higher returns from post-Covid mutual fund plans, as a good number of IT and banking stocks have managed to generate alpha returns in the post-Covid rally. […]

Banks put more excess funds into commerc...

Commercial paper rates have jumped about 15 to 20 basis points in about ten days, reducing the amount of funds banks store with and increasing working capital lending from commercial banks. Commercial papers (CP) are shorter duration debt securities typically issued by corporations with maturities of up to one year. One basis point is 0.01 […]

Province Commits Funding for Supportive ...

THE Manitoba government will fund eight supportive housing units for reuniting parents with children in the care of Child and Family Services. Want to get a head start on your day? Get the day’s latest news, weather forecasts and more delivered straight to your inbox every morning of the week. Join Head Start The units […]

Digital Funds seeks to launch a tokenize...

Registered digital securities will become ‘the new de facto digital marketplace’, says Digital Funds founder WisdomTree filed last year to launch a short-term digital cash fund that would secondarily register its shares on one or more blockchains A newly created digital asset manager that filed its first ETF last month is looking to bring another […]

How to invest in small cap funds

Kirtan Shah: Ideally, if you look at risk return data points, the answer to this question is very simple. If you allocate an equal proportion to a large, mid and small cap versus a multicap or a flexicap, you will see that on a risk-return basis, the large, mid and small cap provided a much […]

Voyager Innovations Secures $210M in New...

Voyager Innovations (Voyager), the fintech arm of integrated telecommunications company PLDT, $210 million in new funding, boosting Voyager’s valuation to unicorn-plus status at nearly $1.4 billion. Voyager operates the electronic wallet PayMaya and the neobank Maya Bank. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm of SIG. Other new […]

Bank-owned mutual funds have an edge ove...

Express press service BENGALURU: In a bid to serve more customers and meet all their financial needs, banks are launching or partnering/acquiring asset management companies (AMCs) and insurance subsidiaries. Recently, Bandhan Financial Holdings Limited (BFHL), investment companies GIC and ChrysCapital signed an agreement with IDFC Limited to acquire its AMC and also IDFC AMC Trustee […]

Italy reduces impact on growth of recove...

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy has cut its estimates of the impact on economic growth of European Union funds and reforms linked to its stimulus package, a Treasury document released on Friday, saying the money will be spent more slowly. Italy is eligible for more than 200 billion euros ($216.82 […]

IT rules changed to allow infra debt fun...

The income tax department changed the rules to allow infrastructure debt funds and NBFCs to issue zero-coupon bonds. Experts say such an amendment will help mobilize resources in a fiscally efficient manner. A new notification added the word “infrastructure debt fund” as well as infrastructure company and public sector company. Accordingly, the infrastructure debt fund […]

Crypto funds post net inflows for second...

CoinShares’ weekly cryptocurrency fund flow survey shows that total digital asset investment inflows reached $180 million last week. The asset manager writes that the reporting of some late trades also pushed the previous week’s inflows up from $193 million to $244 million. The renewed inflow suggests that recent headwinds for digital assets, such as significant […]

Angel Oak Capital Advisors Closed-End Fu...

ATLANTA–(BUSINESS WIRE)–April 4, 2022– The Boards of Directors of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) and Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN) have approved a proposed reorganization of DYFN with and into FINS. The reorganization is intended to provide potential benefits to shareholders, including reduced operating expenses and […]

Stanbic IBTC describes N83 billion uncla...

By Aduragbemi Omiyale Stanbic IBTC Bank Plc management has reacted to reports that it has N83 billion in unclaimed funds in its possession, describing it as misleading and not representing the facts. The House of Representatives is looking into claims that around N1.2 trillion in unclaimed funds are sitting in some commercial banks across the […]

Stanbic IBTC responds to ‘N1.2trn Unclai

Stanbic IBTC Bank Plc reacted to news making the rounds in which it was alleged that the House of Representatives (HoR) ad hoc committee on the recovery of “unclaimed funds”, asked “Stanbic IBTC, first bank to hand over 97 billion naira to the government”N1.2trn Unclaimed funds. In a statement on Friday, the Bank said its […]

Mutual fund inflows via SIP will hit a n...

Inflow into mutual funds through a systematic investment plan is expected to hit an all-time high this fiscal year despite market turmoil following the Russian-Ukrainian war that rocked recovering global economies of the Covid pandemic. Steady rise Mutual fund industry SIP inflows have already surged by 29% in the first 11 months of this fiscal […]

Federal Reserve watch: Fed funds rate up...

uschools/E+ via Getty Images On Wednesday, March 16, the Federal Reserve raised its target range for the key interest rate, the federal funds rate, by 25 basis points to 0.25% to 0.50%. The Federal Reserve also saw the effective federal funds rate rise to 0.33% for the entire banking week. Thus, the Fed kept the […]

Gabelli Funds to Host the 8th Annual Was...

RYE, NY–(BUSINESS WIRE)–March 24, 2022– Gabelli Funds, LLC, will host the 8th Annual Waste and Environmental Services Symposium at the Harvard Club in New York on Thursday, March 31, 2022. This symposium will feature presentations by senior executives from leading companies, with a focus on on industry dynamics, new technologies and business fundamentals. For those […]

Investors are abandoning mutual funds be...

By AYOOLA OLAOLUWA Investors are dropping out of the Collective Investment Scheme (CIS), popularly known as mutual funds, on a daily basis due to the low rate of return recorded in some of the funds, Business Hallmark can reveal. The mad rush for the exit door comes just sixteen months after mutual funds became the […]

Cross River Bank raises funds to expand ...

“Saturday Night Live” comedian Pete Davidson will no longer be heading to space on Blue Origin’s next flight, the company announced Thursday evening. Lia Thomas of the University of Pennsylvania became the first transgender athlete to win an NCAA Division I title after finishing first in the women’s 500-yard freestyle championship. ESPN reports. The world’s […]

Why Special Situation Funds are Needed

Indian financial markets went through two crucial reforms earlier this year. SEBI came out with a dedicated regulatory framework for Special Situation Funds (SSF). And the RBI has approved the new dual structure bad bank, NARCL-IDRCL. These two reforms aim to address India’s bad debt problem. While the bad bank is an improved version of […]

Australian pension funds shun China over...

Australian pension funds are pulling out of Chinese stock markets amid fears that President Xi Jinping’s “common prosperity” policy has increased the risk of government interference in the private sector. Senior pensions executives told the Financial Times they fear that under the policy launched last year by Beijing in an effort to achieve a fairer […]

Rushcliffe council leader reassures resi...

The leader of Rushcliffe Borough Council reassured residents that the authority’s funds are unaffected by the ongoing conflict in Ukraine and Russia. Cllr Simon Robinson provided the update in light of the fact that some public sector organizations have made changes to their financial arrangements due to the existing situation in the countries. Cllr Robinson […]

UK hedge funds and Putin cash in as worl...

The result was fuel rationing, very high prices for energy products and a 55 mph speed limit. Today, things are about to get worse, for a period of much less severe political unrest. Everything is happening now as if the current conjuncture will blow the banks of the populations of the European and American continent, […]

Business owner DeKalb creates NFT with l...

DeKALB – Two residents of the DeKalb area creates a non-fungible tokencommonly referred to as NFT, intended to help raise funds in support of those affected by the crisis in Ukraine following a Russian invasion. Matt Binder, owner of Lord Stanley’s and the Annex and World Famous Pizza in DeKalb, said he hopes to partner […]

Help raise money for Baby Brody

BABY Brody Dean van der Schyff, born March 15, 2021, was admitted to Kingsway Hospital with neonatal sepsis and jaundice, four days after he was born. After three unsuccessful lumbar punctures, doctors managed to test the spinal canal fluid and the result came back positive for meningitis. READ ALSO : Amanzimtoti High raises funds for […]

Amundi US Declares Monthly Distributions...

BOSTON–(BUSINESS WIRE)–March 4, 2022– Amundi US today announces the declaration of dividends for six Pioneer closed-end funds for March 2022. Ex-Date: March 16, 2022 Registration Date : March 17, 2022 Payable: March 31, 2022 (HNW, PHD, PHT, MHI, MIO) Payable: April 1, 2022 (MAV) Teleprinter Taxable funds Distribution Per share Change The preceding month HNW […]

These mutual funds are invested in Russi...

pfb1 / Getty Images Russia has been hit with numerous economic sanctions since its invasion of Ukraine, driving the country’s currency to historic lows and putting investments with high Russian exposure at risk. If some of your investments have a high exposure to Russia, including mutual funds, now might be a good time to consider […]

Why Nigeria, Others’ Sovereign Debt Dist

Due to the increase in public debt held by Nigeria and other emerging economies, the IMF has warned that the sovereign debt crisis could spread to banks, pension funds, households and others. segments of the national economy. This was revealed by the International Monetary Fund in a report titled “SHEDDING LIGHT ON DEBT” According to […]

Russia retaliates by confiscating funds ...

Russia would retaliate for the seizure of money from Russian citizens and businesses abroad by seizing funds from foreigners and foreign businesses in Russia, Dmitry Medvedev, deputy head of the Security Council, said on Saturday, according to the RIA news agency. According to Medvedev, Moscow does not rule out nationalizing the assets of companies registered […]

MSMEs get relief through access to funds...

The year 2020 and the first half of 2021 have been the unfavorable period for the world. The year 2022 will be a year to redefine everything. The 2 years of confinement have taught us a new way of life. A few key themes that will further evolve and change the future are – virtual […]

“Milestone Year”: Hedge Funds Reflect on

NOTat first, every UK bank has struggled over the past decade to deal with the fallout from multibillion-pound taxpayer bailouts, trading scams or devastating IT meltdowns. But few have faced as many scandals, near failures and turnaround efforts as the Co-operative Bank. During this period, the mid-sized lender nearly collapsed, its former chief executive was […]

Business News | Stock and Stock Market ...

Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 CDS INE467B01029, SDC, 532540 ICICI Bank INE090A01021, ICICIBANK, 532174 Tata Motors INE155A01022, TATA MOTORS, 500570 Adani Power INE814H01011, ADANIPOWER, 533096 […]

Foreign funds increase net purchases as ...

The Qatar Stock Exchange saw violent gyrations for most of the session on Monday as it finally closed slightly higher, mainly thanks to the insurance, real estate and banking sectors.Foreign institutions were increasingly seen as net buys as Qatar’s 20-stock index fell just two points or 0.02% to 12,670.1 points, recovering from a low intraday […]

Russia Passes Law Allowing State to Seiz...

Russia’s State Duma, the lower house of parliament, has passed a law allowing law enforcement authorities to seek the confiscation of funds obtained illegally from government officials, including cryptocurrency. The state can try to seize the assets through a court if they exceed the income of officials. New Law Allows Russia to Prosecute Officials With […]

Foreign funds increase net purchases ami...

The Ukraine crisis cast its shadow over global stock markets, which was partly reflected in generally weak sentiment on the Qatar Stock Exchange and market capitalization eroded nearly QR 8 billion this week. Despite rising net buying interest from foreign institutions, Qatar’s 20-stock index fell 0.57% this week, helping Barwa report a net profit of […]

Pandemic Recovery Funds Sought for South...

The state would direct $50 million in federal pandemic relief funds to South Omaha under a bill heard Feb. 14 by the Credit Committee. Senator Tony Vargas “data-image-caption=” The senator. Tony Vargas “data-medium-file=”http://update.legislature.ne.gov/wp-content/uploads/2017/01/SenVargas_inline-200×300.jpg” data-large-file=”http://update.legislature .ne.gov/wp-content/uploads/2017/01/SenVargas_inline.jpg” class=”size-medium wp-image-20163″ src=”http://update.legislature.ne. gov/wp-content/uploads/2017/01/xSenVargas_inline-200×300.jpg.pagespeed.ic.wPjCl-DHZ5.jpg” alt=”Sen. Tony Vargas” width=”200″ height=”300″ srcset=”http://update.legislature.ne.gov/wp-content/uploads/2017/01/xSenVargas_inline-200×300.jpg.pagespeed.ic.wPjCl- DHZ5.jpg 200w, http://update.legislature.ne.gov/wp-content/uploads/2017/01/xSenVargas_inline.jpg.pagespeed.ic.bX2rKS8FIn.jpg 297w” sizes=”(max width: 200px) 100vw , 200px” […]

Big bottoms should be able to handle som...

The industry has more than $4 trillion in assets under management and in the United States, private equity-backed companies employ about 11.5 million people, according to data from the American Investment Council, an organization that serves the interests of private equity. By comparison, America’s largest commercial employer, Walmart Inc., has about 2.3 million employees. The […]

Biden’s decision on frozen funds stokes

KABUL, Afghanistan — Many Afghans have expressed outrage at the Biden administration’s decision to divert billions in frozen Afghan central bank assets to American families of 9/11 victims as Afghanistan sinks deeper more and more in economic disaster. The move, which would effectively bankrupt the country’s central bank, adds to the growing animosity many Afghans […]

Trudeau says almost half of protesters’

By Stephanie Taylor, The Canadian Press on February 11, 2022. A Bitcoin ATM sticker is displayed on the window of a cafe in downtown Vancouver October 28, 2013. An anti-money laundering expert says attempts to stop funds from going to protesters who are blocking Parliament Hill and several border crossings are like a game of […]

ED ties journalist Rana Ayyub’s Rs 1.77

Journalist Rana Ayyub. | Photo credit: PTI New Delhi: The Law Enforcement (ED) Directorate said on Thursday that it tied Rs 1.77 crore to journalist Rana Ayyub in connection with a money laundering case filed against her for allegedly embezzling funds raised in the name of aid and charity through a website – ketto.com. An […]

Seizure of funds of Rs 288-cr from Chine...

A FEMA Competent Authority has ‘confirmed’ the seizure of funds worth Rs 288 crore from a ‘Chinese-owned’ Non-Banking Financial Company (NBFC) which lent instant loans through mobile apps and then allegedly harassed the borrowers by “misusing” their personal data. The data. An order was issued by the Commissioner of Customs in Chennai […]

Nigeria: Ministry of Finance, CBN and ot...

The Federal Ministry of Finance, the Central Bank of Nigeria (CBN), the Office of the Accountant General of the Federation and other agencies of the Federal Government yesterday voiced their support for the House of Representatives inquiry into the unclaimed funds in commercial banks as well as on unremitted funds. funds collected on behalf of […]

Cogent e-services files draft documents ...

Cogent e-services Ltd has filed preliminary documents with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share sale includes a new issue of capital shares aggregating up to Rs 150 crore and an offer for sale of up to 994.68 lakh capital shares by promoters, according to the […]

Amundi US Declares Monthly Distributions...

BOSTON–(BUSINESS WIRE)–February 3, 2022– Amundi US today announces the declaration of dividends for six Pioneer closed-end funds for February 2022. Ex-Date: February 17, 2022 Registration Date : February 18, 2022 Payable: February 28, 2022 Teleprinter Taxable funds Distribution Per share Change The preceding month HNW Pioneer Diversified High Income Fund, Inc. $0.1100 DOCTORATE Pioneer Floating […]

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 […]

Online funds transfer between post offic...

Finance Minister Nirmala Sitharaman has announced that post office accounts will be placed under cover of core banking. It will be possible to transfer money from postal accounts to other bank accounts. This will promote financial inclusion and be a big boost for farmers. The 2022 budget focuses on financial inclusion, Nirmala Sitharaman said while […]

Bay Area projects await infusion of infr...

Plans to close schools in Oakland spark community protestsThe Oakland school community was shocked to learn that 19 OUSD public schools could close or merge over the next two years. Reports by John Ramos. (30-1-22) 12 minutes ago Hundreds of people march in SF to mark the death of Thai grandfather Vicha RatanapakdeeHundreds of people […]

InConversation: HMi meets Pablo Cironi, ...

Pablo Cironi, Director of Life Sciences Investment Funds at Caixa Capital Risc In November 2021, Swiss-based Vifor Pharma, a global pharmaceutical company specializing in iron deficiency, nephrology and cardio-renal therapies, entered into an agreement to acquire Spanish-based Sanifit Therapeutics, a stage-stage cardio-renal biopharmaceutical company. clinic focusing on treatments for progressive vascular calcification disorders. The transaction […]

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 […]

Novo uses funds to reinvent small busine...

Small business banking platform Novo announced that it has raised an additional $90 million for small business development, bringing its total funding round to more than $135 million. Novo has already surpassed $5 billion in lifetime transactions and will now use the new funding to develop digital banking products designed specifically to help small businesses […]

Decision to call on Ahmad Zahid to defen...

Datuk Seri Ahmad Zahid Hamidi is pictured at the High Court in Kuala Lumpur on December 6, 2021. — Photo by Hari Anggara KUALA LUMPUR, January 23 – The decision on whether Datuk Seri Ahmad Zahid Hamidi will be acquitted or sentenced to defend himself on 47 criminal charges of breach of trust (CBT), bribery […]

OCBC and DBS roll out more anti-scam sec...

Banks have already removed clickable links in emails and text messages The prevalence of phishing scams has been making headlines lately, with many well-known organizations being hit by scammers. As protectors of people’s hard-earned money, banks are supposed to be safer than most. Thus, at least 2 Singaporean banks – OCBC and DBS – have […]

Funds seized by North Korean bank given ...

Funds seized from a North Korean bank account are expected to be handed over to the parents of US student Otto Warmbier, who they say was tortured by North Korea before being released while in a coma. A federal judge in New York ordered the state comptroller to give $240,000 seized to Warmbier’s parents, Fred […]

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 […]

Experts suggest more funds for education...

The 2022 Union budget session will start on January 31. An expert highlighted the difficulties faced by students and the impact of Covid-19 on the Indian economy. Financial budget 2022: Indian economy experts NEW DELHI: Two years of the Covid-19 pandemic have weakened the Indian economy. Ahead of the next budget session, experts are calling […]

RBZ takes on $3.8 billion debt in blocke...

TATIRA ZWINOIRATHE Zimbabwean government opened the year by assuming new debt for 855 companies amounting to $3.8 billion in frozen funds that the central bank did not help repatriate out on behalf of these companies. The assumption of debt by the Treasury was done through Act No. 7 of 2021 which gives legal effect to […]

Prime Minister welcomes UN appeal for Af...

ISLAMABAD: Prime Minister Imran Khan on Wednesday welcomed the UN’s pledge of more than $5 billion in funding for Afghanistan to avert the collapse of basic services in the war-ravaged country. The prime minister said the UN initiative was the result of a special meeting of foreign ministers of the Organization of Islamic Cooperation (OIC) […]

Gulf, domestic funds propel QSE above 12...

The Qatar Stock Exchange broke the 12,000 point mark on Sunday, mainly due to strong demand for the real estate, insurance and banking sectors.Gulf institutions increasingly turned to net buying as the Qatar 20-stock index rose 52 points or 0.44% to 12,011.4 points, recovering from an intraday low of 11 925 points.Domestic funds turned bullish […]

Delaware Funds by Macquarie® Municipal I

Today, the following three municipal income funds, all closed-end investment companies, declare their monthly dividends: Delaware Investments Colorado Municipal Income Fund, Inc .; Delaware Investments National Municipal Income Fund; and Delaware Investments Minnesota Municipal Income Fund II, Inc. (collectively, the “Funds & CloseCurlyDoubleQuote;). The investment objective of Delaware Investments Colorado Municipal Income Fund, Inc. and […]

[Newsmaker] Woori Bank Withdraws Funds F...

Osstem implant. (Yonhap) Woori Bank, one of the Big Five local banks, said on Friday it had stopped selling funds involving Osstem Implant, whose shares were suspended from trading on Kosdaq after an employee was accused of stealing money. funds equivalent to 91% of the company’s equity last year. . “It is a precautionary measure […]

Mutual fund disclaimers in TV commercial...

Piyush Goyal said mutual fund warnings in TV ads shouldn’t rush Bombay: Expressing his displeasure at the warnings in the mutual fund (FM) TV commercials rushing before the viewer can even read them, Commerce and Consumer Affairs Minister Piyush Goyal said on Wednesday that critical information about financial instruments should be disseminated at the same […]

Central bank authorizes banks to use loc...

Amid a severe shortage of loanable funds in the banking sector, Nepal Rastra Bank on Monday opened the door for commercial banks to account for up to 80 percent of local government reserve funds deposited in commercial banks. as deposits. The central bank has also paved the way for banks to use these funds for […]

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, […]

NJ’s first bank protecting more seniors

Community submitted content and photo First Bank announced its partnership with the Senior Housing Crime Prevention Foundation, which provides protection and a better quality of life for vulnerable residents of senior housing. As part of the Senior Crimestoppers program, First Bank’s donation of approximately $ 20,000 will directly help residents of Medford Care Center in […]

SEBI asks mutual funds not to invest in ...

SEBI Chairman Ajay Tyagi has said that until government policy is clear it would not be ideal to invest in crypto. Indian market regulator SEBI has advised domestic mutual funds to defer investing in crypto assets until its regulatory framework is clarified. At a press conference on Tuesday, the chairman of the Securities and Exchange […]

Bank funds and PSUs: the best bank mutua...

Are you looking for relatively safer debt funds to invest in the New Year? If so, you should check bank debt funds and PSUs. These plans are mandated to invest at least 80% of their corpus in debt investments of banks, public sector companies and public financial institutions. These plans have offered returns of 3.55% […]

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, […]