Finance
Ridhima Saxena
Srei Group may leave a $4 billion hole in some of India’s biggest banks
Most Srei Group’s lenders have either already recognised it as a non-performing account, or are planning to do so over the next three months. So...
Jordan Parker Erb
Zoom nabs JPM banker - Citi DEI head's plans - BofA's new org chart
The top finance news for Sept. 23, including the latest on Zoom poaching one of JPMorgan's tech bankers, and BofA's new org chart.
Karen Fernandez
The federal funds rate is the benchmark interest rate that affects borrowing costs across the US economy
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis for other interest rates.
Ridhima Saxena
Indian financial system steadily maturing, as it moves away from banks, says RBI Governor Shaktikanta Das
While banks have been the primary channels of credit in the economy, recent trends suggest an increasing role of non-banking...
Jordan Parker Erb
PayPal's 'super app' - JPM loses top tech exec - Merrill's pay plans
The top finance news for Sept. 22, including the latest on PayPal's revamped app, JPMorgan's loss of a tech exec, and Merrill's plans for pay raises.
S. Sriniwasan
Opinion: The creation of a bad bank helps banks but not necessarily the bankrupt
The structure of the bad bank is different from the conventional ARCs wherein the management of the stressed asset and the p...
Ridhima Saxena
Two years after the PMC Bank crisis, depositors of stressed banks to get up to ₹5 lakh by December
Depositors of 21 stressed Indian banks can withdraw funds up to ₹5 lakh by December. As per DICGC’s instructions, banks will...
Bianca Chan,Shannen Balogh,Carter Johnson,Melia Russell,Candy Cheng
70 promising fintechs disrupting trading, investing, banking, and lending, according to 42 top investors
Some of the US's top investors have placed their bets - and startups that provide back-end tech to other businesses dominated the series.
Phil Rosen,Lisa Ryan
Elliott under fire - Deutsche poaches BNP exec - SoftBank's Miami digs
In Insider Finance, union groups are targeting Elliott Management, Deutsche Bank poaches a distressed veteran, and SoftBank's heading to Miami.
Jordan Parker Erb
PE firms' legal wars - KKR targets rich clients - Companies use ESGs to bolster IPOs
The top finance news for Sept. 20, including the latest on PE firms' legal wars and KKR's push to reach more wealthy clients.
Ridhima Saxena
Kotak Mahindra Bank to buy about 10% in KFin Technologies for ₹310 crore
Post the deal announcement, Kotak Mahindra Bank’s shares rose to its highest in the last 12 months. KFin Technologies claims...
Carter Johnson,Jack Newsham,Anita Ramaswamy,Rebecca Ungarino,Anneke Ball,Brittany Stephanis
Insider spoke with protesters, Wall Street veterans, and city officials to find out whether Occupy Wall Street made a difference
Did Occupy Wall Street matter? We talked to insiders to find out how they feel about its legacy, ten years later.
Shannen Balogh,Anita Ramaswamy,Dan DeFrancesco,Carter Johnson
Check out 17 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions
Check out examples of real fintech pitch decks. You'll see pitch decks from Qolo, Lance, and other startups that nabbed millions in VC funding.
Jordan Parker Erb
Alt data's turning point - Whistleblowers make millions - AOC targets family offices
The top finance news for Sept. 17, including the latest on alt data's turning point, and Wall Street's whistleblowers making millions.
Hannah Towey
Wall Street's newest millionaires are whistleblowers
The SEC announced a $110 million award to a Wall Street whistleblower on Wednesday, bringing the agency's total whistleblowing payouts to $1 billion.
Bhakti Makwana
Wealth management firm White Oak Capital gets SEBI’s nod to enter mutual fund business
White Oak Capital’s wholly owned subsidiary GPL Finance and Investments had acquired YES Asset Management Company last year....
India's bad bank gets government nod — green lights NARCL with ₹30,600 crore guarantee
The cabinet today approved a central government guarantee to the tune of up to ₹30,600 crore, wherein NARCL will buy bad loa...
Jordan Parker Erb
Crypto dossiers - Goldman to buy GreenSky - Robinhood's CMO exits
The top finance news for Sept. 16, including the latest on Goldman's GreenSky acquisition and Robinhood's CMO's departure.
Claire Turrell
I'm a former Goldman Sachs analyst who raised over $8.5 million for my fashion startup. Here's how I realized finance wasn't for me.
"When I looked at my fellow analysts, I could tell they enjoyed the job more - I had an inner ecommerce geek that needed to get out," says Meg He.
Jordan Parker Erb
PE recruiting in overdrive - Merrill Lynch's 'Project Thunder' - Goldman's new CFO
The top finance news for Sept. 15, including the latest on PE recruitment, Merrill Lynch's 'Project Thunder,' and Goldman's new CFO.
Jordan Parker Erb
Morgan Stanley diversity disclosure - JPM axes some fees - Walmart litecoin hoax
The biggest finance news for Sept. 14, including the latest on Morgan Stanley's diversity goals and JPMorgan dropping some of its fees.
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022, a ASSOCHAM-Crisil joint study had said.
Ridhima Saxena
You can send to and receive money from Singapore via UPI in a year from now
The RBI and the Monetary Authority of Singapore have partnered to provide instant, low-cost cross-border fund transfers betw...
Casey Sullivan,Daniel Geiger
Insider spoke with more than a dozen people to find out more about Marc Rowan, the Apollo Global Management CEO tasked with taking the firm beyond Leon Black
Marc Rowan is now CEO of Apollo. Here's a rundown of the challenges he's facing.
Jordan Parker Erb
BofA leadership shuffle - Battle for mortgage talent - Dyal's hunt for NBA deals
The top finance stories for Sept. 13, including the latest on Bank of America's leadership shuffle and the battle for mortgage talent.
