Finance news

Harnessing the power of mobile finance for the masses  The Asian AgeMore than a billion people in emerging and developing markets have cell phones but no bank accounts, credit cards or debit cards. For them, mobile money is ...

Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis.

The initial price guidance stood at 210 bps over the US Treasury. The bank indicated that with 3.5 times over-subscription, the final price tightened by 25 bps.

Libor, the most important number in finance, gets a second chance at life  MarketWatchLibor, the benchmark interest rates for adjustable rate mortgages, was supposed to go away at the end of 2021. Now maybe it won't.

Litigation Finance Firm Strikes Back at Chamber of Commerce  CFO MagazineThe CEO of a litigation finance firm decries the chamber's stance, which he says is unfair to small and midsize companies with limited financial resources.

Cashaa Hopes to Bridge Crypto and Traditional Finance  Bitcoin MagazineCashaa is on a mission to bank the unbanked and wants to leverage Bitcoin to accomplish it.

Legal readiness for climate finance  UN EnvironmentOnly about 10 per cent of banks and finance institutions view climate change as an issue that can have either a positive or negative impact on their balance ...

Watch Treasury Secretary Steven Mnuchin speak live to House finance panel  CNBCTreasury Secretary Steven Mnuchin is speaking Tuesday to the House Financial Services Committee.

Re-Engineering Sales And Finance For Success With B2B Subscription Models  ForbesEnterprises must shift gears to ensure that their internal teams have the necessary process and system support to deliver on the promise of a subscription-based ...

Luxembourg and Europe to Gain Ripple Exposure as Minister of Finance Drops Hint  Ripple Coin NewsThe latest tweet of Pierre Gramegna, Minister of Finance at Luxembourg hints that Luxembourg and Europe will receive Ripple's exposure.

Similarly, the bank also revised savings rates from May 1.

Fintech providers are disrupting the Bank-led supply chain finance industry  Moneycontrol.comIn an ever-evolving supply chain finance (SCF) industry, financial technology providers continue to disrupt the bank-led status quo and garner an increasing ...

Its board has representation from ministries of finance, external affairs and commerce & industry.

AU Small Finance Bank Q4 Net Profit seen up 27.1% YoY to Rs. 105.5 cr: Motilal Oswal  Moneycontrol.comNet Interest Income (NII) is expected to increase by 32.1 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 379 crore, according to Motilal Oswal.

Small Finance Banks Go Beyond Interest Rates To Attract Customers  BloombergQuintFalling interest rates, increasing demand for credit and a liquidity squeeze intensified the battle for deposits among large lenders and small finance banks.

Expect strong FY20 earnings for largecaps driven by banks & finance: Mihir Vora  Moneycontrol.comWe expect around 10 percent return from equities. While we expect markets to be driven by the earnings growth of 15-20 percent, high current valuations may ...

Majesco appoints finance and operations expert Wayne Locke as new CFO  Equity BullsMajesco (NASDAQ: MJCO), a global leader of cloud software solutions for insurance business transformation, today announced the appointment of Wayne ...

Buy Shriram Transport Finance Company, target Rs 1,288: Kunal Bothra  Economic TimesIndependent analyst Kunal Bothra has a buy call on Shriram Transport Finance Company Ltd. with a target price of Rs 1288. The current market price of Shriram ...

Decentralized Finance Now A $430 Million Economic System  CryptoGlobeApproximately 2.5 million Ether (ETH), currently valued at around $444 million, have been locked in by smart contracts issued on decentralized application ...

AUD/USD: Sellers keep lurking around 0.7130 ahead of Australian housing finance data  FXStreetThe AUD/USD pair is witnessing pullback after registering another failure to surpass 0.7130 upside barrier ahead of Australian housing finance data.

House DFLers target overseas tax shelters  Finance and CommerceDemocrats who control the Minnesota House said Monday that the state could generate as much as $1.2 billion largely by going after corporate tax havens ...

Deutsche Bank Needs to Transform With or Without Merger, Says Risky Finance's Dunbar  BloombergRisky Finance Founder and Editor Nick Dunbar discusses the Deutsche Bank planned merger with Commerzbank with Bloomberg reporters on 'Bloomberg ...