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3 mins read
Reliance Industries share price jumps over 2% as brokerages cheer the upcoming rights issue
Mukesh Ambani’s Reliance Industries has set May 14 as the record date for its mega rights issue wor…
3 mins read
Macrotech Developers IPO lists at 10% discount — analysts recommend that shareholders should wait it out
Within the first 10 minutes, the price was able to reach a high of ₹472.95 before dipping back d…
4 mins read
TCS, Accenture and Barclays’ landlord, Brookfield REIT IPO, has received a mixed response from brokerages — here’s what they have to say
Global investment firm Brookfield Real Estate Investment Trust’s (REIT) public issue has hit the ca…
2 mins read
Tepid debut for UTI AMC—shares list at 12% discount over the issue price
It was a tepid debut for the ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Comp…
4 mins read
Bank of America is jumping into the brokerage price wars by axing commissions for most online trading clients
Previously, Merrill Edge had only waived commissions fees for 10 monthly stock and ETF trades for i…
Rebecca Ungarino
2 mins read
Weak debut for Angel Broking — shares list at 10% discount from the IPO price
It was a lacklustre debut for the ₹600 crore IPO of India’s fourth-largest stockbroking firm Angel …
1 min read
India’s first IPO listing of 2021 IRFC lists at 4% discount over issue price
It was a tepid debut for the ₹4,634 crore (about $634 million) IPO of the borrowing arm for the Ind…
2 mins read
Tepid debut for Equitas Small Finance Bank — lists at a 6% discount over the issue price
It was a subdued listing for the ₹518 crore IPO of the mass-market focused Equitas Small Finance Ba…
7 mins read
Knotel is scrambling to pay millions in bills that started stacking up before the coronavirus hit, and it's late on payments to some of New York's biggest brokerages
Knotel has also fallen behind on commission payments to major brokerage firms that have arranged le…
Daniel Geiger,Meghan Morris
2 mins read
Billionaire hedge-fund manager Steve Cohen just sold his New York City penthouse after 8 years and a 74% discount
The sale price was not disclosed, but the duplex penthouse was last asking $29.5 million - a 74% di…
Katie Warren
3 mins read
Online brokerage giant TD Ameritrade is gearing up for bitcoin futures
Cboe announced Monday its futures market would be ready to go live Sunday at 5 p.m. CT. It will all…
Frank Chaparro
2 mins read
Builders should offer discounts to sell units worth Rs 66,000 cr amid COVID-19 outbreak : Anarock
"Some states are now also mulling the introduction of e-registration of property documents, thereb…
PTI
3 mins read
Charles Schwab is losing a prominent markets analyst as the discount broker starts cutting 600 jobs
The company has plans to lay off around 600 staffers, or 3% of its current workforce, to help manag…
Rebecca Ungarino
3 mins read
Scammers Are Starting To Zero In On Brokerage Accounts
The two main benefactors are industries in which consumers spend disposable income, and transport i…
Stephanie Yang
3 mins read
$1.2 trillion brokerage giant TD Ameritrade is working on a new technology similar to Domino's pizza tracker, and it could save them millions
Vijay Sankaran, TD Ameritrade's chief information officer, told Business Insider that the firm is s…
Dan DeFrancesco
1 min read
BofA Set To Jack Up Fees For Thousands Of Brokerage Account Holders
With the new platform, unofficially called Merrill Lynch One, customers will be charged minimum fee…
Mandi Woodruff
7 mins read
Why Morgan Stanley, which has 15,000-plus financial advisers catering to the super-wealthy, is buying a discount broker known for its talking baby ads
Morgan Stanley is not the only firm increasingly relying on its wealth management arm to drive grow…
Rebecca Ungarino
2 mins read
Mukesh Ambani’s Reliance Jio may go public next year as debt for discounts starts to bite and 5G era beckons
Reliance Industries’, the energy-to-retail-to-telecom group however is keen on bringing in inves…
1 min read
No more discounts over 70% on Snapdeal. Read on to know more
The New Delhi-based firm sent out a communication to its sellers on May 9, in which it said, "We ha…
2 mins read
A lean and mean fintech brokerage just launched commission-free stock trading across Europe
iDealing's biggest market is the UK and Foster Bowman says they'd like to introduce commission-free…