Mega-mergers are not good for business, finance chief says

Mega-mergers are not good for business, finance chief says

Deciding to merge large companies can be disruptive and will likely cause problems for at least one of the firms involved, the chief financial officer of Zurich Insurance told CNBC Wednesday. Recent reports have suggested that German firm Allianz could be interested...
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These are the five-alarm personal finance stories of 2017

These are the five-alarm personal finance stories of 2017

Globe and Mail readers and I agree that housing is possibly the most important personal finance topic of recent years. Seven of my 15 most-read columns and newsletters this past year were about housing, and I’m sure much the same...
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Standard Chartered is close to selling its real estate principal finance unit to Actis : Sources

Standard Chartered is close to selling its real estate principal finance unit to Actis : Sources

Standard Chartered is close to selling its real estate principal finance unit to private equity firm Actis, sources with knowledge of the matter said, following the bank’s decision last year to exit the loss-making business. It is also in discussions...
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Trading Calls: Buy L&T Finance, HDFC, Sell Hindalco, Say Experts

Trading Calls: Buy L&T Finance, HDFC, Sell Hindalco, Say Experts

Indian stock markets started Wednesday’s session on a weak note with the BSE benchmark index Sensex falling over 200 points and the broader Nifty index trading below 9,900. Losses in energy, metal, banking, auto, realty, pharma and healthcare stocks &#82...
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Finance ministry may provide capital support for merger of PSU banks

Finance ministry may provide capital support for merger of PSU banks

The finance ministry is open to providing capital support for facilitating consolidation among state-owned banks, which are reeling under mounting bad loans, official sources said. The Union cabinet has approved the setting up of an alternative mechanism, or a...
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What you need to juggle career and family in finance

What you need to juggle career and family in finance

Reliable childcare, a supportive partner, and being able to afford to hire help running the household are the three most important factors that enable women to balance family and a successful career, according to the 2017 Women in Finance Survey....
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