[ad_1] The initial public offer (IPO) of ESAF Small Finance Bank opened for subscription today. The issue will close on November 7.Analysts advised investors to subscribe to the issue given the company's superlative return ratios in the last few years."At the higher price band, the...
[ad_1] Longtime investor Bill Gross said Thursday that regional banks are poised to bounce back with the tailwind of falling interest rates. "Regional banks … benefit from lower interest rates," Gross said on CNBC's " Last Call ." "We've gone down by 40 basis points....
[ad_1] The need for second — and often third — incomes is mounting, according to a top digital bank executive.Current CEO Stuart Sopp finds almost half of the firm's payment customers have more than one job."If you're having a paycheck over the past year, 20,...
[ad_1] Steve Eisman of the "The Big Short" fame said Thursday that one investment mantra he swears by is telling him that buying beaten-up bank stocks won't be fruitful. "One thing I've learned in my career over the years is that buying something just because...
[ad_1] New Delhi: The Supreme Court on Thursday sought to know if the Centre could come up with an alternative electoral scheme to overcome 'flaws' in the electoral bond scheme. The remark was made by a Constitution bench headed by Chief Justice of India DY...
[ad_1] Target CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets.In an interview with CNBC's Becky Quick that aired Thursday morning, he emphasized that the retailer has posted seven consecutive quarters of declining sales of discretionary...
[ad_1] Jimmy Choo. Versace. Michael Kors. Kate Spade.These distinct designer brands all have something in common: a single parent company named Tapestry, Inc. That parent company has been getting bigger and bigger throughout 2023. Rising rates, sticky inflation and the prospect of slowing consumer spending...
[ad_1] The Ferrari original factory entrance.Courtesy: FerrariFerrari on Thursday said its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive "personalization" options for their new cars.As it did last quarter, Ferrari again boosted its guidance for the full...
[ad_1] We often spend the weekend looking ahead to potential market-moving catalysts. What are the major economic releases? Which companies will be reporting earnings? While we don't ignore upcoming events once the trading week is underway, we must also keep an eye on what is...