Monday , 21 August 2017
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Finance

What’s on the Agenda at China’s Five-Yearly Finance Meeting: Q&A

Xi Jinping  Photographer: SeongJoon Cho/Bloomberg Once every five years, China’s leaders get together to consider ways to improve the country’s gigantic and complex financial system. The next meeting of the National Financial Work Conference takes place July 14-15 in Beijing, with President Xi Jinping expected to attend. There’ll be plenty to talk about. Reining in financial risk is a key ... Read More »

Srei Equipment Finance to raise Rs 1,000 cr via NCDs

Industry machinery financier Srei Equipment Finance Ltd plans to raise up to Rs 1,000 crore by floating bonds in a public issue that opens next week. The company will issue unsecured, redeemable non-convertible debentures of face value of Rs 1,000 each amounting to Rs 500 crore with a green shoe option to retain over-subscription. The issue will be open for ... Read More »

The Difference Between Loans, Cash Advances and Factoring

Getting the right financial product for your small business is important. However, entrepreneurs should be careful about which small business financing options they choose. Some make more sense for your company than others. Small Business Trends talked with Hanna Kassis an expert at Segway Financial about how to differentiate between loans, cash advances and factoring. “The biggest difference is cash advances and factoring are not loans, ... Read More »

Uneasy lies London’s finance crown, says EY

London is still the top European destination for international finance firms, but Paris and Frankfurt are closing the gap thanks to Brexit, according to a survey of business sentiment by the audit firm EY. “The attractiveness of the UK financial services sector has not yet fallen,” said Omar Ali, UK financial services leader at EY. “We have to be realistic though, ... Read More »

The challenge of long-term finance

India is already the largest borrower from the World Bank. Photo: Hemant Mishra/Mint The 2008 financial crash is understood to have been caused by a combination of greedy loan-pushing bankers, carefree NINJA borrowers (or No Income, No Job or Assets), negligent rating agencies, hungry investors (for yield), and indulgent regulators. Nobody so far (outside of Iceland) has gone to jail ... Read More »

Does Your Bank Count Debits to Intentionally Create More Overdrafts?

Nearly 40 percent of the biggest U.S. banks surveyed order transactions in a way that leads to increased overdrafts, according to a new report by the Pew Charitable Trusts. Pew analyzed 44 of the 50 biggest U.S. banks and found that 18 of them process debit transactions — purchases, payments and withdrawals — in order from the highest amount to ... Read More »

How to Invest in Startups Using a Gold IRA

Did you know you could use a gold IRA to fund a startup venture? It requires taking some legal steps and placing the funds into a corporate account but is one way to provide a financial seedbed as the business grows and matures. And if you follow the rules, you can invest without incurring any tax liability. Here’s how to ... Read More »

How Fintech is Bridging the Big Bank Gap

Big banks have always been averse to risk.  They also tend to view small and medium-sized businesses as high-risk, choosing to restrict investment, in terms of both lending and services, for the SMB market. A 2015 credit survey by the Federal Reserve found that smaller institutions were 18 percent more likely to approve a small business loan than big banks, ... Read More »

One Freelancer’s Experience with the 52 Week Money Challenge

As a fashion blogger, travel enthusiast and freelance writer, Alysse Dalessandro has a variety of interests. When it comes to saving money, the 29-year-old is just as open-minded. In late 2015, Dalessandro read a blog post about the 52-week money challenge, a popular savings strategy that gained momentum on social media platforms like Facebook. The premise is simple: Every seven ... Read More »

Uber finance head Gautam Gupta quits; Jan-March loss narrows

Uber Technologies Inc said its head of finance is leaving, and the privately held ride-hailing company also said that its first-quarter loss narrowed substantially from the prior quarter, putting it on a path toward profitability. Head of finance Gautam Gupta is leaving in July to join another startup in San Francisco, the company said, making Gupta the latest high-profile executive ... Read More »