On Friday gold jumped over 1% to unprecedented highs after the dollar and Treasury yields fell. The movements followed remarks from Federal Reserve Chair Jerome Powell that suggested an interest rate reduction in September. Concerns about inflation near the Fed’s 2% goal added to signs of lower interest rates, as Powell’s comments did. For a … Read more
The holiday season encourages generosity, and while we often think of gifts for others this year, why not consider giving yourself the gift of financial security? Switzerland has a reputation for stability, sophistication, and long-term security, making it a strategic choice for individuals looking to diversify their wealth. This investment isn’t just about protection; it’s … Read more
The bank is awaiting approvals from NPCI to extend the app to all its customers. Public sector lender Indian Bank has joined private banks and a few tech savyy PSU banks to build its own UPI app. Indian Bank recently launched IND-UPI, a UPI-based payment solution developed by them. The app, which is now live … Read more
Allianz Asset Management GmbH lessened its holdings in KE Holdings Inc. Sponsored ADR (NYSE:BEKE – Free Report) by 45.5% during the first quarter, HoldingsChannel.com reports. The firm owned 1,022,858 shares of the company’s stock after selling 852,642 shares during the period. Allianz Asset Management GmbH’s holdings in KE were worth $20,603,000 as of its most … Read more
Since Tuesday 4th March when the Kitwave Group (LON;KITW) announced its Final Results for its year to end-October 2024, its shares have put in something of a lacklustre performance. Upon the results they were went up 4p to 280.28p, before closing that night at 255p. Since then, they have wavered between 248p and 268.50p – … Read more
Employers seeking to assign their employees to customers who intend to employ them within the framework of a service contract must make all contractual agreements clear in advance in order to avoid unintentionally slipping into unauthorized employee leasing. As it is, the contractual agreement for such assignments can determine whether the employee assignment takes place … Read more
Consumer advocates led by Rise Economy have sued the Consumer Financial Protection Bureau for the second time for failing to implement the small-business data collection rule mandated by Congress 15 years ago. On Wednesday, Rise Economy, formerly the California Reinvestment Coalition, led a coalition of consumer groups in filing a lawsuit in the U.S. District … Read more
Al Dominick December 12, 2024 The stage is set for a massive leadership transition that will reshape the foundation of the banking industry. Picture this: a tidal wave of change comes crashing over the financial services industry, sweeping away the old guard and ushering in a new era of leadership. Fiction? Not if you trust various … Read more
It’s still January…so by now, I’m sweating to wrap this up by month-end (at the very latest!), while you’re probably feeling besieged (& bamboozled) by the media’s parade of talking heads who seamlessly re-write their broken #2019 narratives & still pitch their #2020 market prognostications with undaunted confidence. Which is a tad discouraging when I’m … Read more
22. Dezember 2023 Nachhaltige Fonds sind weiterhin ein Nischenmarkt. Umso erstaunlicher, dass sie den Neugeldzufluss in Schweizer Publikumsfonds beinahe vollständig dominieren. Und dies bereits seit mehreren Jahren in Folge. Jetzt überschreiten die «nachhaltig» verwalteten Vermögen erstmals die Billionengrenze. [1] Autoren: Manfred Stüttgen, Brian Mattmann In unserem letzten Blog-Beitrag haben wir gezeigt, dass nachhaltige Fonds – … Read more