Finance
CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO General Insurance Company
Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In Jun...
Bhakti Makwana
Bad loans at ICICI Bank have never been this low in the last seven years
Shares of ICICI Bank surged over almost 10% to hit one year high of ₹827 as investors cheered the lender’s strong profit gro...
ICICI Bank net profit rises 25% on lower provisions in September quarter
ICICI Bank on Saturday reported 24.7 per cent rise in consolidated net profit at Rs 6,092 crore for September quarter 2021-2...
Elizabeth Aldrich
Understanding compound interest is key to building wealth or avoiding crushing debt
Understanding the way compound interest (interest paid on both principal and interest) works is key to building wealth or avoiding crushing debt.
Anne Field
Passive investing is a long-term wealth-building strategy all investors should know - here's how it works
Passive investing is a long-term strategy in which investors buy and hold a diversified mix of assets in an effort to match, but not beat, the market.
Jordan Parker Erb
Blackstone scouts hot tech deals - Deutsche's new office - Las Vegas dealmakers
The top finance stories for Oct. 22, including the latest on Blackstone's deal strategy, a Las Vegas deal spree, and Deutsche Bank's new office.
Casey Sullivan,Reed Alexander
Blackstone's president reveals how to nail an interview and get hired at the PE giant, where its first-year analyst acceptance rate is under 0.5%
What it takes to ace your interview and get hired at private-equity giant Blackstone, including questions to expect and how the hiring process works.
Samantha Stokes,Crystal Cox
Take a look inside Deutsche Bank's brand-new NYC office - trading floors with sweeping Central Park views and amenities like a pool table and a bar
Deutsche Bank's office next to Columbus Circle features a terrace that overlooks Central Park.Crystal Cox/Insider.
Jordan Parker Erb
Apollo CEO talks culture - Credit Suisse’s talent exodus - PayPal considers Pinterest purchase
The top finance news for Oct. 21, including the latest on Credit Suisse's talent exodus and PayPal's potential Pinterest acquisition.
IDBI Bank's net profit jumps 75% despite higher provisions
IDBI Bank on Thursday reported a rise of 75 per cent in its net profit for Q2FY22 on a year-on-year basis. The bank's net profit rose to Rs 567 crore...
Elizabeth Aldrich
The Rule of 72 is a quick and simple formula to estimate when your investments will double
The Rule of 72 is a math formula that estimates how long it takes something to double or decline in value and illustrates how compounding interest works.
Bianca Chan,Carter Johnson,Bradley Saacks
Inside the public-cloud strategies for 6 top investment firms looking to use the tech cut costs and analyze data faster
Inside spoke to tech executives at a number of top buy-side firms, including Point 72, Two Sigma, and AQR, about their public cloud strategy.
Kritti Bhalla
Digital rights advocacy group IFF notices 70% drop in donors as banks unable to keep up with RBI’s recurring payments regulation
IFF claimed that its membership has dropped from over 423 members to 177, shaving off ₹2.5-3 lakh in donation...
Jordan Parker Erb
Apollo tackles fintech investing - ContractPodAi pitch deck - 4-day work weeks
The top finance stories for Oct. 20, including the latest on Apollo's fintech investing ambitions and advice for a four-day work week.
Alex Morrell,Bradley Saacks
How Viking Global became the hedge-fund industry's hottest launch pad
Viking Global alums are on a launch streak. Grant Wonders, 31, launched Voyager Global this year, raising over $1 bln. Here's what's driving it.
Jordan Parker Erb
D.E. Shaw's data dilemma - Bitcoin ETF trades today - Citi nabs Capital One exec
The top finance news for Oct. 19, including Bitcoin ETF's first day of trading and Citi's new Capital One and PayPal hire.
Bad loans of India's banks to rise to 8-9% this year, says CRISIL
Gross non-performing assets (NPAs) of banks will rise to 8-9 per cent this fiscal, well below the peak of 11.2 per cent seen at the end of fiscal, ra...
BI India Bureau
India’s central bank imposes ₹1 crore penalty on the country’s biggest lender
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore on State Bank of India, the country’s largest len...
Casey Sullivan,Daniel Geiger
Meet Marc Rowan, the Apollo Global Management CEO tasked with taking the firm beyond Leon Black
Marc Rowan is now CEO of Apollo. Senior management will discuss the firm's long-term growth strategy at an investor day on Tuesday, Oct. 19.
Jordan Parker Erb
Citigroup nabs Credit Suisse banker - Frustrated Goldman execs - PwC's remote-work plan
The top finance stories for Oct. 18, including the latest on Citigroup nabbing a Credit Suisse banker and PwC's flexible-work policy.
Jordan Parker Erb
Payments crazy for cannabis - 'Boomerang employees' - Youngkin chats Carlyle
The top finance stories for Oct. 15, including the latest on FIS's cannabis ambitions and a new trend of "boomerang employees."
Shannen Balogh,Anita Ramaswamy,Dan DeFrancesco,Carter Johnson
Check out 22 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions
Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs.
Jordan Parker Erb
Dimon's fintech warning shot - Blackstone's secret weapon - N62 nears mega funding round
The top finance news for Oct. 14, including the latest on Jamie Dimon's battle against BNPL and Blackstone's secret weapon.
Rebecca Ungarino
Merrill Lynch is bringing in a wave of changes for its storied 'thundering herd' of financial advisors
As the wealth management business grapples with advisor exits and fierce competition, it has made changes for its advisor force and trainee program.
Hayley Cuccinello
Serial entrepreneur David Adelman runs his family office like a VC firm with 60-plus deals
David Adelman's net worth is north of $1 billion. For the past 22 years, he's been CEO of Campus Apartments. The bulk of his wealth comes from FS Investments.
