Markets have remained volatile over the past two years, making many retail investors question where to park their money. While fixed deposits, debt funds, arbitrage funds, hybrid funds and balanced advantage funds all promise relatively lower risk, choosing the right one is far from straightforward. With inflation eroding returns, how should conservative investors balance safety,…
Paragon Bank has appointed Colin Sanders to spearhead the development of a new bridging proposition. He joins Paragon with more than three decades of specialist lending experience after having previously led bridging lender Omni Capital as its CEO, before founding Tuscan Capital and selling the businesses to Allica Bank. He is joined by Patel, who…
Companies have spent the past two years teaching employees how to use AI. Most of that training has focused on the basics, such as prompting skills. It has helped people become comfortable with AI and begin to see its value. But that level of interaction is only the beginning, and it will not hold up…
Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.
Brave’s clients will be able to use AlphaCore’s internal tax planning and tax preparation services. Credit: khunkornStudio/ Shutterstock.com. AlphaCore Wealth Advisory has acquired Brave Family Advisors, a wealth management firm managing $700m in client assets. The deal broadens AlphaCore’s footprint in the northeastern US, supporting its longer-term expansion plans. Access deeper industry intelligence Experience unmatched clarity with a single platform that combines unique data,…
Andrew DiCapua, principal economist at the Business Data Lab and the Canadian Chamber of Commerce, said the breadth stood out. In an email to Wealth Professional, he said the figures suggest “the economy is not just surviving, but thriving,” with rate-sensitive sectors, not just energy, driving the gain. The data reinforces the Governing Council’s view that “they…
Mortgage rates are slightly higher today, though they haven’t quite hit the highs we saw last week. The average interest rate on a 30-year, fixed-rate mortgage ticked up to 6.7% APR, according to rates provided to NerdWallet by Zillow (but don’t say that number out loud in front of your kids). This is three basis…
As wildfires spread across the United States, the federal government is confronting the consequences of cuts made early in President Donald Trump’s second term. The U.S. Forest Service was among the agencies hit by the Department of Government Efficiency, or DOGE, and MS NOW reports that the reductions have hampered the government’s response to the…
Chengappa joined in July and reports to Ambuj Chandna, who oversees consumer banking for DBS in India. Credit: Tang Yan Song/ Shutterstock.com. DBS has named Nitin Chengappa, previously with Standard Chartered, to run its wealth operations in India. Bloomberg sources said Chengappa joined in July and reports to Ambuj Chandna, who oversees consumer banking for DBS…
German fintech group NAGA has expanded its technology stack by integrating iSAM Securities’ Radar and Apex solutions, bringing real-time risk analytics and low-latency execution capabilities into its trading infrastructure The integration is designed to help NAGA support higher trading volumes and a growing client base while easing the operational load on its risk and dealing…