Finance news

WSFS combines two businesses to form equipment finance division  American BankerThe Delaware company said newly formed NewLane Finance will use "advanced technologies" to provide expedited financing decisions.

Photo Release -- WSFS Bank Combines Equipment Finance Companies to Create NewLane Finance  Yahoo FinanceNewLane Finance will leverage the technology platform and industry expertise of Neumann Finance with the maturity and heritage of Beneficial Equipment ...

The Best Corporate Finance Textbooks for 2019 • Benzinga  BenzingaDiscover the best corporate finance textbooks you can get this year, whether you're a student, professor or learning on your own.

Interserve finance chief resigns weeks after rescue deal  Yahoo FinanceBritain's troubled outsourcer Interserve Group Ltd said on Wednesday its finance chief Mark Whiteling had resigned after being in the post since Oct. 2017.

10% Yielding New Mountain Finance Receives Fitch Rating  Seeking AlphaOn April 4, 2019, Fitch Ratings assigned a rating of 'BBB-' to NMFC with a stable outlook including its senior secured and unsecured debt obligations.

Investors given hope of compensation on London Capital & Finance  Financial TimesLawyers investigating the London Capital & Finance scandal are aiming to bring claims against the UK's financial compensation scheme on behalf of the 11,600 ...

Andover Finance Board sends $12.3M budget to town meeting  Journal InquirerANDOVER — The Board of Finance voted Tuesday night to send a $12.3 million budget for 2019-20 to May's town meeting, but Selectwoman Cathy Desrosiers ...

In the annual report of the BO scheme, the RBI said a rise in the number of complaints from digital transactions, an ombudsman scheme for digital transactions is proposed to be formulated and implemented during 2018-19.

Finance Ministry Amends E-Way Bill System To Check GST Evasion  BloombergQuintThe Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for generation of e-way bill and ...

The Reserve Bank has exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), by selling its entire stakes to government for Rs 1,450 crore and Rs 20 crore, respectively, making them fully government-owned now.

Mahindra Finance posts 87% profit growth in Q4  Economic TimesMumbai: Mahindra Finance's March quarter profit surged 87% to Rs.588 crores on the back of strong loans growth and improved recovery of past bad loans.

ETZ Payments: Software group setting up finance arm to help protect from payday lenders  ExpressSOFTWARE group ETZ Payments is setting up a finance arm to help prevent gig economy workers from having to borrow from payday lenders.

Analysts turn bullish on AU Small Finance Bank  BusinessLineThanks to strong Q4 show, revival in sentiment for NBFCs.

Finance ministry may raise cap on 59-minute loans to ₹3-5 crore  LivemintThe cap on the 59-minute loans will be raised in a gradual manner.The 59-minute loan scheme has already drawn healthy response from the borrowers and ...

Fallen Wyoming coal giants tangled in high-finance feud  Oil City NewsApril 23, 2019 by Andrew Graham, WyoFile Two fallen Wyoming coal giants are caught at the center of a high-stakes feud between global business.

Finance Ministry brings in changes in e-way bill system to check GST evasion  Economic TimesNew Delhi: The Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for generation of ...

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance  Yahoo FinanceThe agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Shriram City Union Finance Ltd. - Results For March 31, 2019  The Hindu BusinessLinei. Considered and approved the standalone and consolidated financial results of the Company for the quarter and year ended March 31, 2019 which were ...

Brand Finance report names BHP as mining's strongest brand  Mining TechnologyBrand Finance has released the 2019 edition of its report into the world's most valuable mining brands, which named BHP as the sector's strongest brand.

Huawei Enables Smart Finance with "AI+DATA"  PRNewswireSHANGHAI, April 24, 2019 /PRNewswire/ -- The Huawei Global FSI Summit 2019 held in Shanghai today, under the theme "Holistic Digital Transformation, ...

The 9 Best Finance Textbooks for 2019 • Benzinga  BenzingaDiscover the best finance textbooks for college students, grad students and teachers to help enrich your finance cirriculum.

Is Annaly Capital Management (NLY) Stock Outpacing Its Finance Peers This Year?  NasdaqInvestors interested in Finance stocks should always be looking to find the best-performing companies in the group. Annaly Capital Management (NLY) is a ...

Has First BanCorp. (FBP) Outpaced Other Finance Stocks This Year?  NasdaqThe Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is First BanCorp.

$112 Million Bond Issued On Ethereum by French Finance Firm  Crypto DailySociete Generale Group is a French financial services company which has just issued more than $110 million worth of bonds in the form of a security token on ...

Equipment Leasing and Finance Association's Survey of Economic Activity: Monthly Leasing and Finance Index  Associated PressPress release *content* from Business Wire. The AP news staff was not involved in its creation.

LoC trade suspended: 10 Pakistan-based militants were using route to finance anti-national activities in...  FirstpostSecurity establishment sources said the firms operated by the 10 militants, who crossed over to Pakistan, were involved in trade with Indian businesses ...

Srei bets on co-lending for equipment finance with RBI norms in place  Business StandardKolkata-based non-banking finance company, Srei Infrastructure Finance is tweaking its lending model, as it plans to start co-lending in the equipment finance ...

Wall Street Finance Ltd launches 'Mobile App' for the Agent Partners  Equity BullsWall Street Finance Limited had launched its Digital Corporate Platform for corporates to manage their foreign exchange requirements for business travel and in ...

Finance Ministry simplifies self-assessed to file GST composition scheme  Business StandardBusinesses that use the composition scheme to pay GST can file 'self-assessed tax' return on a quarterly basis in a simplified form, the finance ministry has said.

Bolton finance firm appoints experienced commercial broker  Business Up NorthNorth West firm, Hilton Smythe Finance, has appointed a new Commercial Finance Broker to its team. Alex Heylings brings more than 10 years' experience in ...

HSBC rolls out sustainable supply chain finance programme for Walmart  Global Trade Review (GTR)HSBC and Walmart have developed a sustainable supply chain finance (SSCF) programme, which will see suppliers who meet sustainability goals get cheaper ...

Wall Street Finance launches WSFX Smart Agent mobile app for Agent Partners  Business StandardWall Street Finance announced the launch of 'WSFX Smart Agent' mobile app, for the Company's agent partners. The agent platform along with Smart Agent app ...

Finance Elite Flocking to Riyadh Show Khashoggi Furor Is Over  BloombergIf there were any doubts that the titans of global finance aren't holding grudges over Saudi Arabia's human rights record, their appearances at a Riyadh ...

Women in Finance: 31-35 revealed!  Accountancy AgeOur first Women in Finance ranking in 2018 spotlighted influential women across various sectors, including government, business, finance and accountancy, ...

Cordia inks loan deals to finance city projects  Budapest Business JournalResidential real estate developer Cordia has announced loan deals to the total value of HUF 27.7 billion with OTP Bank, Takarék Group, and Sberbank, in order ...

Buy Au Small Finance Bank, target Rs 720: Motilal Oswal Securities  Economic TimesBuy Au Small Finance Bank Ltd. at a price target of Rs 720.

Indiabulls Housing Finance March quarter net falls 2% to Rs 1,006 crore  MoneycontrolThe second largest pure-play mortgage lender Indiabulls Housing Finance on April 24 reported a marginal 2 percent dip in net income at Rs 1,006 crore for the ...

Finance Ministry may raise cap on 59-minute loans to Rs 3-5 crore  Economic TimesThe scheme has already drawn healthy response from the borrowers and some of the PSU banks associated with this portal are now keen on hiking the credit ...

China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance  CoinDeskThe agency that regulates and manages China's foreign exchange reserves has developed a blockchain system aimed to address inefficiencies in cross-border ...

AU Small Finance Bank Q4 review: Great execution & good outlook  MoneycontrolHighlights: - Strong quarter led by core performance - Robust business growth - Signs of cost moderation - Adequate capital to take care of growth.

Wharton School invites high school students for Summer Finance Program  Careers360A firm grasp of finance is a valuable skill, and the sooner young students learn it, the better.

Separating climate finance and ODA - World  ReliefWebEnglish News and Press Release on World about Climate Change and Environment; published on 24 Apr 2019 by ANU.

Indiabulls Housing Finance Q4 results today: What you should watch out for  CNBCTV18Indiabulls Housing Finance will report its Q4FY19 numbers today. Here are key expectations:Get latest Earnings online at cnbctv18.com.

China Finance Online Co., Ltd. (JRJC) Q4 2018 Earnings Call Transcript  Yahoo FinanceJRJC earnings call for the period ending December 31, 2018.

Verizon Media Group Revenue Falls; Finance Brands Spend More On Social  AdExchangerVerizon Media Group, the company formerly known as Oath, is shrinking as the telco shifts its focus and most of its resources to 5G. The media group, which is ...

Modern Monetary Theory continues to gain traction in the US  World FinanceAs the world's foremost economic superpower, the idea that the US could suffer from hyperinflation seems preposterous. Hyperinflation is associated with failed ...

FXCC continues to thrive through its customer-centric approach  World FinanceVolatility and daily price swings are to be expected in the forex market, but long-term predictions regarding currency shifts can still be made. As such, exciting ...

Housing Development Finance Corporation receives RBI approval for acquisition of stake in Bandhan  Business StandardHousing Development Finance Corporation has on 22 April 2019 received the final approval of the Reserve Bank of India to acquire shareholding of 9.9% or ...

Buy Bajaj Finance, target Rs 3,130: Manas Jaiswal  Economic TimesManas Jaiswal of manasjaiswal.com has a buy call on Bajaj Finance Ltd. with a target price of Rs 3130. The current market price of Bajaj Finance Ltd. is Rs ...

MCA body recovers Rs 1,514 crore deposits from Peerless General Finance  Economic TimesNEW DELHI: An investor protection authority under the ministry of corporate affairs has recovered Rs 1,514 crore of deposits belonging to small investors from ...