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Stressed assets: Banks to send 23 of 28 large dud accounts to NCLT tomorrow

These 28 accounts together account for 40 per cent of the system wide bad loans or worth around Rs 4 trillion.....»»

Category: topSource: business-standardDec 12th, 2017

Companies Leave Bean Counting to the Robots

Large corporations world-wide are increasingly turning to robotic software in an effort to cut costs, liberate workers from repetitive tasks and, in many cases, reduce finance-department employee numbers......»»

Category: smallbizSource: wsjOct 19th, 2017

The earlier normal was large amounts of cash in the system

The Finance Minister speaks about the challenges before a tax system in India.....»»

Category: topSource: business-standardOct 14th, 2017

There are 7 times more large comets in our solar system than scientists previously thought

Wikimedia CommonsNew research shows that the outskirts of our solar system are littered with many more large comets than has been previously estimated. These massive icy wanderers can take hundr.....»»

Category: topSource: businessinsiderJul 26th, 2017

Hedge fund titans pull money from funds to pay massive tax bills

Hedge-fund billionaires were already struggling to keep investors from heading out the door. Then along came another problem: big tax bills......»»

Category: topSource: moneycentralApr 20th, 2018

The Lack of Women in Design and Retail Is Now At Crisis Level

The Female Leadership Crisis report is out and it alludes to a problem we need to avoid if we want to begin closing the consumer retail product failure gap and bridge a massive gender bias gap......»»

Category: topSource: incApr 19th, 2018

Morgan Stanley Double Upgrades eBay, Names Stock A Top Large-Cap Pick

The bullish case for eBay Inc (NASDAQ: EBAY) is mostly based on its shift towards its own payment system as it pulls away from Paypal Holdings Inc (NASDAQ: Latest Ra.....»»

Category: blogSource: benzingaApr 18th, 2018

Philly Fed President: The way we finance college could hurt low- and middle-income students

Patrick Harker said this is a problem for the economy overall......»»

Category: topSource: marketwatchApr 17th, 2018

One Simple Finance Hack to Save Money on Your Mortgage Payments

In a capitalist society, it's important to understand why there needs to be competition. Now, there is some proof backing up the notion that competition can help consumers and borrowers......»»

Category: blogSource: 247wallstApr 17th, 2018

Hours after tweeting about interest rates, Trump nominates two people to Fed

President Trump nominated economist Richard Clarida and banker Michelle Bowman to serve on the Federal Reserve Board, which sets interest rates and plays a large role in steering the U.S. economy and banking system......»»

Category: topSource: washpostApr 16th, 2018

Citi: "There Is A Massive Problem" With The Bond Market

Is the global economic recovery over? That is the question investors are grappling with just as Q1 earnings season - the best since 2011 with its 18.....»»

Category: blogSource: zerohedgeApr 15th, 2018

These are the things that can get you punished under China"s creepy "social credit" system — from fake news to jaywalking

Ed Jones/AFP/Getty Images China is setting up a massive ranking sys.....»»

Category: topSource: businessinsiderApr 14th, 2018

One of Netflix’s biggest bears says the streaming giant "burns cash at an alarming rate" (NFLX)

Daniel Daza/Netflix/"Narcos" Netflix has a massive cash burn problem, one of the company's most bearish analyst says.  Wedbush has a price target of just $110 for the stock, which is cu.....»»

Category: topSource: businessinsiderApr 12th, 2018

China presents huge rewards -- and serious risks -- for US banks

China has promised to lift restrictions on foreign lenders in its massive banking system, creating a huge opportunity for America's biggest banks......»»

Category: topSource: moneyApr 12th, 2018

Why Big Data Won’t Save Central Planners From The Knowledge Problem

Among statisticians, economists, and business executives, “Big Data” is all the rage. Large and detailed data sets that, until recently, couldn’t even be stored on a computer are now managed and analyzed using innovative statistical.....»»

Category: blogSource: valuewalkApr 11th, 2018

Here"s a sneak peak at just how big Facebook"s trust problem is [exclusive data]

BI Intelligence The past few weeks have been a public relations disaster for Facebook and it shows in the massive consumer trust gap between the platform and other social media giants. Eig.....»»

Category: topSource: businessinsiderApr 11th, 2018

Improve your financial knowledge with online resources

The more than 1,500 local finance and investment professionals of the Atlanta Society of Finance and Investment Professionals (ASFIP) agree that for any individual or family to be successful, they need a basic understanding of budgeting, banking and cr.....»»

Category: topSource: bizjournalsApr 10th, 2018

HBR: Is lack of competition strangling the U.S. economy?

Mounting evidence suggests that the underlying problem is not “bigness” per se. Rather, it’s the combined effect of size, concentration and, importantly, incumbent-friendly regulation on the healthy competition that propels economic growth......»»

Category: topSource: bizjournalsApr 9th, 2018

The financial system is loaded up with a lot more debt than Wall Street wants you to know

REUTERS/Lucas Jackson New report from the International Monetary Fund highlights the risks of non-bank finance, which helps hide debt levels in the financial system. The debt has shifted over to the so-called shadow banking system. Federal Reserve .....»»

Category: topSource: businessinsiderApr 6th, 2018

Nassim Nicholas Taleb: Independence Should Be a Required Minimum for Finance Journalists... But It"s Not

If you don't have skin in the game, there's no filtering for the system to improve......»»

Category: topSource: foxnewsApr 3rd, 2018