Finance
Non-banking finance firm Power Finance Corporation records 49% jump in net profits in FY21
State-owned non-banking finance firm Power Finance Corporation (PFC) has recorded the highest-ever net profit of ₹8,444 crore for financial year 2020-21, a 49 per cent jump over the previous year.
Dan DeFrancesco,Jordan Parker Erb
Goldman Sachs considers sending more 100 traders, salespeople to West Palm Beach
Goldman Sachs is looking to move more than just parts of its asset management team down to West Palm Beach.
HDFC Bank mobile app faces outage, issue resolved after one hour
The mobile banking app of the largest private sector lender HDFC Bank, which has been under the regulatory lens for network outages, was down for an ...
Prabhjote Gill
MSMEs with bank loans due up to Rs.50 crore can get their loans restructured
The Reserve Bank of India (RBI) has doubled the exposure threshold for MSMEs looking to apply for restructuring their busine...
Dan DeFrancesco,Jordan Parker Erb
Mapping out all the recent key Credit Suisse departures
We've mapped out all the recent key departures at Credit Suisse, from executives to bankers and traders.
Narayan ‘Naru’ Ramamoorthy
Cash, capital and credit trickle down to small businesses at a frustratingly slow pace — tech can speed them up
The second wave of the COVID-19 pandemic has stopped in its tracks the green shoots of economic recovery that...
Rebecca Ungarino
Shell considers selling assets in the largest US oil field, Reuters reports, highlighting pressure to focus on low-carbon investments
Shareholders and activists have pressured the largest oil companies, including Royal Dutch Shell, to reduce their carbon footprints.
Ben Gilbert
How billionaires like Jeff Bezos and Elon Musk avoid paying federal income tax while increasing their net worth by billions
American Billionaires are able to skip paying federal income taxes by reducing their income to zero, even as their net worth soars.
Alex Morrell
The deal whisperer: Inside the rise of Raine Group's Jeff Sine
How Jeff Sine became SoftBank CEO Masayoshi Son's deal whisperer and built The Raine Group into a $4 billion investing empire along the way
Reed Alexander
JOIN OUR LIVE EVENT JUNE 24: Execs from Deutsche Bank, AllianceBernstein, and Accenture will break down how Wall Street is navigating the return to work
Execs from financial firms like Deutsche Bank, AllianceBernstein and Accenture will explain how they're navigating the transition back to work.
Zahra Tayeb
Goldman CEO David Solomon releases charity single called 'Learn to Love Me' as part of his electronic-dance side project
A Goldman spokesperson said its CEO "enjoys producing music, and he is dedicated to giving back. All proceeds from his releases go to benefit charity."
Meredith Mazzilli
Get to know 12 top fintech bankers
Top fintech bankers; a profile of Raine Group's Jeff Sine; influential women in PayPal's early days; HSBC hires Credit Suisse traders.
Shannen Balogh,Anita Ramaswamy,Dan DeFrancesco,Carter Johnson
See 7 pitch decks that fintechs looking to disrupt banking, wealth management, and credit scores used to raise millions
Insider tracked the next wave of startups blending finance and tech. Check out these pitch decks for examples of fintech founders sold their vision.
Reed Alexander
JOIN OUR LIVE EVENT JUNE 24: Execs from Deutsche Bank, AllianceBernstein, and Accenture will break down how Wall Street is navigating the return to work
Execs from financial firms like Deutsche Bank, AllianceBernstein and Accenture will explain how they're navigating the transition back to work.
Dan DeFrancesco,Jordan Parker Erb
Top fintech bankers helping startups make deals and IPO
These 10 fintech bankers are helping startups make deals and hit the public markets. They share insights on the hottest areas in the space.
Aleeya Mayo
JPMorgan says these 10 books can help 'light a path forward' after the pandemic
The bank's 21st annual summer reading list spans topics like climate change, self-improvement, history, and interior design.
Rebecca Ungarino
Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager
The asset manager has become a force in DC, and three executives with BlackRock on their resumes are set to hold prominent roles in Biden's cabinet.
Anna Cooban,Kate Duffy
Goldman Sachs has asked US employees to report whether they've had a COVID-19 shot by midday today
Goldman Sachs said it "strongly encourages" getting a COVID-19 shot, but that it's a "personal" choice.
Dan DeFrancesco,Jordan Parker Erb
The other PayPal mafia: 20 women who helped build the payments giant
They weren't part of the PayPal Mafia, but these 20 women played key roles during the early years at the payments giant.
Kate Duffy
US authorities are investigating the 'illegal' leak of billionaires' tax information, including data on Jeff Bezos, Elon Musk, and Warren Buffett
ProPublica published a report on the income and tax payments of Jeff Bezos, Elon Musk, Bill Gates, and other billionaires.
Dan DeFrancesco,Jordan Parker Erb
Credit Suisse credit traders jump to HSBC
Robbert Vorhoff, General Atlantic's top healthcare dealmaker, details the hottest trends in the space he is eyeing.
Josh Barro
ProPublica's billionaire tax data shows the importance of closing 2 key tax loopholes. Here's how.
Our tax code has two massive tax loopholes that reward billionaires like Mark Zuckerberg, Jeff Bezos, and Elon Musk. Biden has a plan to fix that.
Dan DeFrancesco,Jordan Parker Erb
Inside Goldman-backed Marqeta's IPO paperwork ahead of its trading debut
Check out four key details from Marqeta's S-1 in the lead up to it hitting the public markets on June 9.
Neal Freyman, Morning Brew
G7 nations announce their support for a global corporate minimum tax rate of 15%
Multinational companies have been taking advantage of existing tax rules by shuffling money between jurisdictions with super-low rates.
Dan DeFrancesco,Jordan Parker Erb
Inside BlackRock's powerful consulting arm
Take an inside look at BlackRock's Financial Markets Advisory unit, the small but powerful consulting arm of the world's largest money manager.
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