Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
How Goldman and Morgan Stanley avoided losses after…
In this articleMSGS8604.T-JPCSG.N-CHVIACPPeople are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021.Brendan McDermid | ReutersWhen investors are stampeding for the exits, it pays to be…
Credit Suisse is giving junior bankers special $20,000…
Credit Suisse bank.NurPhoto | NurPhoto | Getty ImagesOne Wall Street firm may have found a solution to the unhappiness of overworked junior bankers amid a boom in deal activity: Money.Credit Suisse executives told mid- and…
Lenders cut exposure to lower rated developers, improve…
Lenders to home builders have reduced their exposure to lesser rated firms drastically in the past year as the proportion of exposure to double B and above rated builders have risen more than a quarter…
MSME credit up on Govt guarantee
(This story originally appeared in on Feb 19, 2021)MUMBAI: There has been a revival in bank credit to small businesses driven by public sector banks on the back of the government's emergency credit line guarantee…
Funding and MSMEs: Can banks & fintech together…
MSMEs are key contributors to the country's economic activity as an important source of employment, growth, and innovation. Despite their essential role, MSMEs receive a disproportionately small share of credit from the financial system, a…
Bank credit grows by 6.36%, deposits by 11.41%
Mumbai: Bank credit grew 6.36 per cent to Rs 106.41 lakh crore, while deposits increased by 11.41 per cent to Rs 146.25 lakh crore in the fortnight ended January 15, RBI data showed. In the…
Credit card fraud will increase due to the…
Payment card fraud losses reached $ 28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible for more than a third of the total global loss,…
KKR’s big bet on India credit turned from…
Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a…