Banking Retail

Latest News for: Banking retail

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Access Bank Partners She Leads Africa

This Day 16 Jul 2019

A statement from the bank quoted the Executive Director, Retail banking, Access Bank Plc, Victor Etuokwu, while speaking in Abuja, to have said. “As one of the fastest growing retail banks in the country, Access Bank is always at the forefront of leveraging technology to drive emerging businesses....

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Fidelity Organises Campus Activation, Targets Increased Customer Base

This Day 16 Jul 2019

Speaking at the event yesterday in Lagos, the Divisional Head Retail Banking, Fidelity Bank Plc, Richard Madiebo, said the programme was a platform through which the bank engages students during major academic events such as matriculation, student week, convocation and others....

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ICICI, Kotak among top bank bets, ITC in play, too

The Times of India 16 Jul 2019

ICICI Bank ... The bank will see strong re-rating as fundamentals are improving, their book is becoming retail-focused and liabilities are one of the best, because of which return on equity is likely to expand, said Kochhar ... Kotak Mahindra Bank ... KOCHHAR SAID the stock is cheap in the context of the growth the bank can achieve....

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Gold holds steady as investor focus turns to US retail sales data

Business Day 16 Jul 2019

Bengaluru — Gold prices held steady on Tuesday as investors awaited US retail sales data that could serve as an indicator of the strength of the world’s largest economy amid lingering concerns over global economic slowdown ... “Today we are sort of getting neutralised because we are heading into retail sales tonight....

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Gold steady as investors eye U.S. retail sales data

Yahoo Daily News 16 Jul 2019

retail sales data that could serve as an indicator of the strength of the world's largest economy amid lingering concerns over global economic slowdown ... "Today we are sought of getting neutralised because we are heading into retail sales tonight ... central bank later this month kept the greenback on the defensive....

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Goldman Sachs Stock Rises as Earnings, Revenue Beat Forecasts

Barrons 16 Jul 2019

Analysts expected the bank to report $8.9 billion in revenue and $4.89 in earnings per share, according to FactSet ... Expect questions seeking insight into what was behind the strong trading revenue, as well as inquiries about the bank’s relatively newer consumer-focused businesses, such as its Marcus retail banking unit and Apple credit card....

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Federal Bank Q1 result: Net profit rises 46% to ₹384 crore

Live Mint 16 Jul 2019

The bank also set aside ₹192 crore as provisions in the June quarter of FY20, down 3.5% y-o-y ... Shyam Srinivasan, managing director and chief executive, Federal Bank said that while the bank has been watchful of credit growth in certain stressed sectors, retail continues to go do well....

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Hold IndusInd Bank; target of Rs 1550: ICICI Direct

Moneycontrol 16 Jul 2019

ICICI Direct recommended hold rating on IndusInd Bank with a target price of Rs 1550 in its research report dated July 15, 2019 ... ICICI Direct's research report on IndusInd Bank ... Healthy CASA growth of 25% YoY & healthy traction in retail term deposit aided bank to maintain 26% YoY growth in deposits....

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OPINION: Investing in the Fourth Industrial Revolution: Part 1

Independent online (SA) 16 Jul 2019

Think media companies, retailers and banks ... It’s bigger than global asset manager BlackRock or US bank Goldman Sachs, with a valuation of $150billion (R2.1trillion) ... The company grew quickly, and in 1997 it went public, expanding to sell a full range of retail products ... Amazon today is far more than an online retailer....

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MF shopping list: Top 30 stocks that fund managers bought sold in June

Moneycontrol 16 Jul 2019

Mutual funds increased allocation to private banks, consumer, utilities, technology, NBFCs, retail, metals and PSU bank stocks in June, an ICICIdirect report said ... UPL, Piramal Enterprises, Yes Bank, Indiabulls Housing Finance and Bandhan Bank were the most sold large-cap stocks in the month....

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Savings platform Raisin taps Goldman for top-up investment

This is Money 16 Jul 2019

... and as a way for banks that need liquidity to access additional funding ... Goldman has launched an online bank called Marcus and while its investment in Raisin is not directly tied to that venture, it did show that the investment bank "understood the power of retail", said Freund....

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Asian shares tick up, U.S. data, earnings in focus ahead of Fed

This is Money 16 Jul 2019

retail sales data and more corporate earnings to gauge the health of the world's biggest economy, with markets remaining focused on a likely U.S ... trade frictions and slowing world growth reinforced expectations of policy easing by major central banks ... retail sales figures, signs of ......

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News & Views To Prepare You For Today's Trading Day

Yahoo Daily News 16 Jul 2019

Markets are eyeing US retail-sales report, bank earnings this week. US June retail sales are expected to rise from the previous month ... Mutual funds (MFs) differ with banks over DHFL resolution, and may opt for the Debt Recovery Tribunal (DRT) route to recover their Rs 4,000 crore investment ... HDFC Bank ... State Bank of India ... Union Bank....