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FINANCIAL SECTOR NEWS
- Bank of America loses bankers, tells staff of big ambition, continued hiring
Recent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian marketsIndian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Korea’s KOSPI plunging amid intensifying co...
AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for IndiaGlobal AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI sp...
US bank stocks near correction as earnings loom, consumer outlook in focusUS bank stocks are nearing correction territory ahead of earnings, with investors watching for clues on consumer resilience amid elevated b...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel ...
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RILOn Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its A...
These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsThe mayhem in the market is likely to continue, at least for the short-term. Nothing has changed in terms of the known headwinds: The US-Ir...
AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mu...
Canada Grocery Benefit 2026: Thanksgiving turkey dinner for family of 4 costs $35.72, up 10% from 2025; how families can cut grocery costsRecent data reveals that Canadians are benefiting from a 25% increase in the Canada Groceries and Essentials Benefit. Despite this, the esc...
NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk ...
Paramount closes $110 billion mega Warner Bros takeover; creates Hollywood powerhouse SkydanceParamount Skydance has completed its $110 billion takeover of Warner Bros Discovery, creating a major Hollywood entertainment company spann...
Looking beyond 2026: 5 mid-cap stocks from different sectors with upside potential of up to 22%After a long run of red days, the screen finally turned green on Tuesday. And for once it is not just the big names, the broader market joi...
South Korea's Lee says AI appears to have been used in bank hacksSouth Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against...
Samsung poised for historic $73.4 billion quarterly operating profit on memory demand surgeSamsung Electronics is expected to report a record quarterly profit due to increased demand for memory semiconductors. The anticipated oper...
An offer is not a job! Cover the risks between your old payslip and the new - 8 things you must understand in detailCover the risks between your old payslip and the new one, says Devashish Chakravarty. Read the print on your offer before you re sign. Rout...
Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...
South Korean president orders probe into data leaks across financial industryFinancial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators an...
Telcos, consumer groups clash over TRAI’s 5G slicing, coverage map and service quality rulesTelecom operators and consumer groups differed sharply over TRAI’s proposed rules for 5G network slicing, coverage map accuracy and service...