Five custodian banks alert Sebi on FPI licence renewal
A fund whose registration is not renewed is disallowed from taking fresh positions.
German minister commits suicide after 'virus crisis worries'
Schaefer, 54, was found dead near a railway track on Saturday.The Wiesbaden pros...
How Coronavirus has upended economics in just a few weeks
Economic orthodoxies are getting tossed aside at a furious pace. Some of them may b...
Deutsche Bank not keen on DHFL buy
This now leaves 23 suitors in fray who have expressed interest to buy DHFL.
Offshore funds dump blue chips as Covid-19 fears plague investors
Stoppage of fresh inflows on worries of recession are forcing foreign funds to liquidate holdings.
Morgan Stanley, Goldman declare global recession is under way
Morgan Stanley’s team said a worldwide recession is now its “base case.”
'D' word rears head as coronavirus-hit markets brace for recession
Strategists said that the market's recent volatility was coming at "a frequency previously seen only in the Great Financial Crisis and the Great Depression."
FPIs seeking compliance relaxation from custodians
Local custodians have received requests seeking compliance relaxations for FPI accounts as investors overseas are working from home.
Discretionary allotment at reverse repo will help rate transmission: Srinivas Varadarajan, Deutsche Bank
The coronavirus outbreak has thrown financial markets into a tizzy, compounding growth woes. Liquidity is plenty and rates have come off. Srinivas Varadarajan, managing director at Deutsche Bank tells Saikat Das and MC Govardhana Rangan that these may not be enough to get the economy back on track. Edited excerpts:
Coronavirus impact: Banks take emergency steps to reduce disruption
Axis Bank has invoked its emergency business continuity plan (BCP) and asked two-thirds of employees in its headquarters to work from home. Deutsche Bank has asked some of its employees to not come to office.
Yard sales! Market rout may force Indian tycoons to sell their crown jewels
The S&P BSE Sensex Index has declined 15% since setting a record high in January.
Deutsche Bank boosts loans to cash-strapped tycoons in India
The NBFC crisis is creating new prospects for Deutsche Bank. Goldman Sach has been another beneficiary.
Lot of interest in India with earnings seen coming back: Christian Nolting, CIO, Deutsche Bank
Christian Nolting, chief investment officer at Deutsche Bank Wealth Management believes the low interest rate environment is here to stay for some time. In an interview with Sanam Mirchandani, Nolting said he likes equity as an asset class but added that this asset class will not deliver the same returns in 2020 as it did in the previous year. Edited excerpts:
Ex Blackstone official Punita Sinha set to join InCred Capital
Punita Sinha, wife of former aviation minister Jayant Sinha, will be the chief investment officer of InCred, which is looking to expand to a full-service financial services company from retail and MSME focused NBFC, multiple sources with knowledge of the matter told ET.
YES Bank ropes in Anshu Jain, former Chief of Deutsche Bank, to raise funds
Anshu Jain is currently the president of Cantor Fitzgerald, an investment bank and brokerage firm.
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