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Arun Jaitley makes strong pitch for re-capitalizing World Bank

The meeting concentrated on the 'Forward Look' exercise done by the World Bank and discussed the Dy…

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1 min read

Bill Ackman's Pershing Square Reports 9.8% Stake In Freddie Mac

This after yesterday Bruce Berkowitz of Fairholme Capital Management announced that he and other in…

Linette Lopez   


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1 min read

CCEA approves recapitalisation of RRBs

Information and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will …

PTI   


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3 mins read

LEX, a marketplace offering commercial real estate stakes for small investors, just raised seed funding from Greycroft and Thor Equities

He used the example of a traditional partnership with five partners. If one were to leave, they'd n…

Alex Nicoll   


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FM Jaitley’s long term vision for banks is a welcome move

The Finance Minister appears to also have avoided (at least for now) the siren call of a sovereign …

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I belong to middle class, understand their pressures: Sitharaman before Budget

"I too belong to the middle class so I can understand the pressures of the middle class. I identify…

PTI   


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MoviePass is shutting down

Helios and Matheson's "board of directors has formed a strategic review committee, composed entirel…

Jason Guerrasio   


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Greek Bank Stocks Are Collapsing After Big Merger Is Called Off

National Bank of Greece and Eurobank Ergasias will stage their recapitalization separately, Bank of…

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3 mins read

10 things you need to know before European markets open

The EU wants to strengthen its antitrust regulators. EU antitrust regulators are seeking public fee…

Ben Moshinsky   


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1 min read

Cyprus: 4 Days 'Til Drop-Dead

Thereafter, Emergency Liquidity Assistance (ELA) could only be considered if an EU/IMF programme is…

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2 mins read

'A real missed opportunity': Andrew Yang swings at Obama's decision to bail out Wall Street over average Americans during the financial crash

Most of them heaped praise onto the former president, given his skyhigh popularity among Democratic…

Joseph Zeballos-Roig   


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3 mins read

BARCLAYS: Portugal has 3 big problems

"Spain and Portugal have come a long way. The two countries experienced severe economic and financi…

Will Martin   


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1 min read

And Now Borrowing Costs Are Jumping In Slovenia...

The country, another relative newcomer to the euro, is struggling with its own banking problems. Th…

Matthew Boesler   


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1 min read

And now it looks like the Greece drama could drag on... until 2016

And earlier on Monday, Business Insider's Mike Bird recapped some of the most recent Wall Street re…

Myles Udland   


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3 mins read

Some super bears are now expecting an imminent collapse of China's banking system and currency

China's banking system still enjoys ample liquidity - the most important thing for banks - in the f…

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1 min read

Carl Icahn Reports HUGE Stake In Herbalife

Herbalife is the stock that Icahn's decade-long rival Bill Ackman, the CEO of $12 billion Pershing …

Julia La Roche   


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GRANTHAM: We could be headed for a 'very different' type of crash in 2016

As for his most recent warning, Grantham conceded to the FT that because central banks were able to…

Myles Udland   


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5 mins read

BUITER: The Cyprus Deal Is The Best Thing That's Happened To Europe In Years

If contagion is not fundamentally warranted, but instead merely represents the self-fulfilling ‘bad…

Matthew Boesler   


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Futures are rallying

Dave Lutz, head of ETF trading at JonesTrading, pointed out in his morning briefing that futures ju…

Akin Oyedele   


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Top levfin bankers are enjoying a new 'golden age' of mega buyouts

Levfin bankers are advising on a surge in below-investment-grade debt issuance. Here's a rundown of…

Aaron Weinman