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Cash is no longer king. Here are 3 alternatives investors are trading it for, according to chief money managers.
Three alternatives resembling cash are emerging as investors face diminishing returns from interest…
Laila Maidan
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth
An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wea…
Reed Alexander
Cash App Banking Review 2023
We review Cash App's Cash App Card, a debit card linked to a checking account, with no minimum depo…
Taylor Milam-Samuel
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…
Theron Mohamed
Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
Warren Buffett's Berkshire Hathaway has cut its Bank of America stake by 23% since July, and it's n…
Theron Mohamed
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
Banks scramble to repair the damage caused by Crowdstrike IT outage
British banks Santander and Metro Bank said they were impacted by Friday's outage, which affected t…
Jyoti Mann
Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case
Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…
PTI
Stocks to watch out for tomorrow : Vodafone, Paytm, Hindustan Aeronautics
Both Sensex and Nifty recorded all time highs during the day's trade. HDFC, ICICI, Mahindra and Mah…
Taylor Swift fans in the UK have been scammed out of $1.2 million, bank says
Taylor Swift fans in the UK have been scammed out of over $1.2 million while trying to buy Eras Tou…
Katie Balevic,Kenneth Niemeyer
5 things to keep in mind before taking a personal loan
A personal loan can come in handy when you need money in case of an emergency. Being an unsecured l…
Turns out being a venture capitalist can be really hard and some VCs want out
It's been a difficult two years for VCs, from difficulty raising money to subpar valuations. That's…
Dan DeFrancesco
Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…
Jennifer Sor
Why Gen Zers aren't leaving the nest
Young people are living at home and relying on their parents for money well into their 20s. Their p…