by Vasu Jit Kalia | August 19, 2024 | Banking, Investment Banking
The American multinational investment bank and financial services company Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25%. This was based on the latest weekly jobless claims and retail sales...
by Vasu Jit Kalia | August 12, 2024 | Investment Banking
Khalid Al Falih, Saudi Minister of Investment, said that the pro-investment measures introduced by Saudi Arabia in recent years include the introduction of the Civil Transactions Law, Private Sector Participation Law, Companies Law, Bankruptcy Law and Special Economic...
by Vasu Jit Kalia | July 18, 2024 | Investment Banking
The Securities and Exchange Board of India (Sebi) had floated a consultation paper on introduction of ‘New Asset Class’ on Tuesday. The aim of introducing this asset class is to bridge the gap between mutual funds and Portfolio Management Services (PMS) in...
by Jibran Munaf | July 2, 2024 | Investment Banking, News
Saudi Arabia’s Public Investment Fund (PIF) announced a significant financial turnaround, reporting a profit of 138.1 billion riyals ($36.81 billion) for 2023, following a loss of $15.6 billion the previous year. Total revenues for the PIF more than doubled,...
by Jibran Munaf | June 25, 2024 | Investment Banking, News, Wealth Management
Hedge funds are increasingly optimistic about the UK, boosting bets for a stronger pound to the highest in nine months on hopes that the upcoming election will cement the country’s shift to more stable, centrist policies. Hedge funds and leveraged investors are...
