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Deutsche Bank is President Donald Trump’s largest lender. While the troubled bank has settled several of the charges against it, it’s still undergoing scrutiny by the Justice Department and other federal regulators, and is being overseen by six independent monitors, making conflicts of...
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  • An Indian-American man has been sentenced to 20 months in prison for a USD 1 million insider trading scheme involving the failed Apollo Tyres bid to takeover Cooper Tire, prosecutors said on Wednesday.   Amit Kanodia, 49, was sentenced in Boston by Federal Judge Nathaniel M. Gorton,...
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  • The ‘Magic Formula’ strategy of hedge fund manager and professor Joel Greenblatt is well known among serious investors. Joel Greenblatt is a value-styled manager of the investment firm Gotham Capital which has averaged 40% annual returns for over 20 years. The strategy outlined in the Little...
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     In a move to speed up the availability of internet-connected cars in India, WhatsApp Co-Founder Brian Acton with other global business leaders on Monday announced they will invest an undisclosed amount in Trak N Tell -- a Gurgaon-based car tracking telematics solutions...
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  • Asset managers have started their detachment from London following Britain’s historic vote to leave the European Union (EU), with fund companies finalising plans to reduce their reliance on the capital city.   M&G, Columbia Threadneedle, Legg Mason, Fidelity International and T Rowe...
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