Financial Services

Financial Services news section.
17.Sep.21 6:40 PM

Retail investors are waiting for a big drop in the stock market

Retail investors have been very good about buying the dip in the past few years. As institutional and other non-retail players shrink in fear, regular folks with Fidelity and Robinhood accounts pile money into the market.
17.Sep.21 5:46 PM

IMF reviews independent report into World Bank corruption allegations

The executive board of the International Monetary Fund is reviewing an independent report prepared by the World Bank about the actions of IMF chief Kristalina Georgieva in her previous senior role at the WorldBank, IMF spokesman Gerry Rice said on Friday.
17.Sep.21 5:01 PM

Major investors in high-risk real estate firm's bondhold

Bloomberg - Some of emerging markets major investors had significant holdings in the bonds of high-risk real estate firm China Evergrande Group Plc, a London-based money manager that specializes in buying emerging market debt, aLondon-based funds.
17.Sep.21 4:30 PM

Exclusive: Storage explores sale for $1 B

Bloomberg - All Storage, a closely held owner of self storage facilities, is exploring a sale of the company that could fetch more than $1 billion, according to people with knowledge of the matter.
17.Sep.21 4:25 PM

Invesco in talks to merge with State Street's asset management business

Invesco Ltd. is in talks to merge with State Street Corp's asset management business, people familiar with the matter said.
17.Sep.21 3:36 PM

Investors react to revelations that World Bank pressured staff to boost China's score

At investors and campaigners expressed dismay on Friday at revelations that World Bank staff pressured staff to boost China's score in an influential report that ranks countries on how easy it is to do business there.
17.Sep.21 3:00 PM

Here's how to pay for your home renovation

Home improvements are a great way to add value to your property, all while making it a more comfortable place to live in the future. Although renovating her home can seem like a significant upfront cost, it may be more beneficial than you think.