Executive Summary The discussion included the overall calibration of bank capital requirements in the UK, as well as the areas identified by the FPC for further work in December, which were: the usability of buffers, the functioning of the leverage ratio framework; and the interactions between different elements of the capital stack, particularly in relation…
As mobile wallets have become increasingly mainstream, they have largely been dominated by technology giants like Google and Apple. Mastercard is looking to broaden that landscape with new tools that allow banks and fintechs to build their own digital wallets directly into their existing apps. Mastercard’s Wallet Services platform enables companies to develop digital wallets…
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.”
Flexi cap mutual funds, which are known for giving fund managers the flexibility to invest across large-, mid- and small-cap stocks, have had a subdued year. Data shows that not a single flexi cap fund delivered double-digit returns over the past year. The best-performing scheme, Quant Flexi Cap Fund, returned 9.91%, while only five funds…
The Indian Rupee risks falling into new record lows amid the renewed US-Iran conflict and elevated oil prices !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Visa announced the launch of the Visa Stablecoin Platform (VSP) on Thursday, a new platform it said is designed to help financial institutions, fintechs and crypto natives access stablecoin capabilities through a single Visa-managed environment. Building on Visa’s broader crypto strategy, VSP is said to give financial institutions, fintechs and other payment providers a way…
S antorini has a well-established sunset industry. Not in the sense of an industry in decline. Quite the opposite. The business of watching the sun melt into the sea is booming on the Greek island. Upwards of three million people visit Santorini every year and the majority head to the northern tip of this crescent-shaped…
At the end of last year, the cannabis industry was rocked by a significant change in the laws covering the drug. This, however, wasn’t as momentous as it first seemed. Let’s shine a grow light on how it will affect — or not — three prominent marijuana companies, Canada-based Canopy Growth (CGC 2.71%) and Tilray…
The Employees’ Provident FundScheme, 2026 has introduced a revised framework for exempted provident fund (PF) trusts, bringing in an interest rate ceiling, mandatory digital compliance, stricter governance standards and time-bound exemptions for employers that manage provident fund accounts through their own recognised trusts. The changes are part of the Employees’ Provident Fund Scheme, 2026, notified…
Perhaps not realized by some investors, U.S. companies’ preferred method of returning capital to shareholders for the bulk of this century has been share repurchases, not dividends. Buybacks are flexible and more tax efficient than cash payouts. Plus, there’s the added benefit of boosting earnings per share for companies that materially shrink their share counts….