Career Financial News

HSBC Holdings Plc’s Chief Executive Officer Noel Quinn is stepping down, an unexpected move that comes as Europe’s largest lender tries to navigate the deterioration of ties between China and the US.

Canada and Argentina branches, ANI reported.HSBC’s Hong Kong-listed shares rose nearly 1.5 per cent in afternoon trade Tuesday, while its London-listed stock increased by 2.5 per cent in early trading, Financial Times reported.The search for Quinn’s successor is underway, with the bank considering both internal and external candidates. Quinn, 62, who also steered the banks shift in focus to Asia, will remain in his role to oversee the transition until a new CEO is appointed.

Rohit Sharma turned 37 on Tuesday; we take a trip down memory lane and relive some of the achievements of the amazing batter. Widely hailed as one of the best of his generation, Rohit continues to be a star batter for India, particularly in white-ball cricket. This right-handed batter has entertained and mesmerised audiences worldwide with his classy strokeplay and calm mindset while batting or captaining his side. He is among the best players of Pull shot in the game, often employing it during powerplay overs in white-ball cricket. But there is also a patient and determined side of him visible when he dons the white colours. This versatility makes him a perfect all-format batter of the modern era.

Freestone Capital Management has just secured a valuable addition to its bench of advisors in San Francisco.

Sue Bird says becoming a part-owner of the only WNBA franchise she ever played for felt like an inevitability

gender equality have three times higher loyalty, productivity, and motivation than those working with laggards, a survey said on Monday. Deloitte's 'Women @ Work' survey said the transition to full-time work has resulted in difficult adjustments for many women professionals. Around 41 per cent women have asked for a reduction in their hours, 31 per cent said it has negatively impacted their mental well-being. These parameters are better for those who are returning to office in a hybrid setup, the survey said.

In his new role, Jack will report to global head of Schroders Family Office Service Clare Anderson. Jack started his career at Schroders in 2005 as a fund manager assistant. He went on to work as an analyst, first on UK equities then on pan-European equities, before being promoted to co-head of pan-European research and then becoming the sole head in 2019. Schroders Wealth Management appoints Clare Anderson as global family office head Anderson said: «Harry Jack's extensive experience and expertise in the European equities sector at Schroders, spanning 19 years, makes him a valuabl...

Taylor Swift is «floored» by the love her fans have shown to her latest album "The Tortured Poets Department", which debuted to 2.61 million units following its April 19 release. According to music trade website Billboard, «Tortured Poets» opened at No 1, marking Swift's 14th chart-topping album in her career, which ties Jay-Z for the most No.1s among solo artists in history. At 2.61 million units, it is the highest number of any album since Adele's 2015 release, «25». In an X post, Swift on Sunday expressed gratitude to the listeners for welcoming the album in their life. «My mind is blown. I'm completely floored by the love you've shown this album. 2.6 million ARE YOU ACTUALLY SERIOUS?? Thank you for listening, streaming, and welcoming Tortured Poets into your life. Feeling completely overwhelmed,» she wrote alongside the behind-the-scenes pictures from a recording studio.

Let's start with your personal story I hail from Madhya Pradesh, where I completed my Bachelor of Engineering. My father served in the state government, while my mother was a homemaker. Coming from a middle-class background, I was the first in my extended family to venture into the field of finance. My interest sparked during my college days through participating in IPOs during the era of the erstwhile CCI. A couple of experiences during the famous Harshad Mehta bull run acted as sort of Eureka moments, further fuelling my fascination with the stock markets. I chose this profession deliberately, opting to transition to Mumbai for a career in financial services, after completing my MBA. How did you land up in this job? I spent a few years in sell-side research before transitioning to the buy-side with a Portfolio Management Service. In 2008, I joined Mirae Asset, where I currently serve as Chief Investment Officer, overseeing the equity investment function with assets under management of approximately Rs 140,000 crore.

Bengaluru: BJP MP from Karnataka's Chamarajanagar and former Union minister V Sreenivasa Prasad, who was undergoing treatment at a private hospital here, died on Monday, family sources said. He was 76. Prasad is survived by his wife and three daughters. The six-time MP from Chamarajanagar and two-time MLA from Nanjangud in Mysuru district was ailing for some time. On March 18 this year, Prasad announced his retirement from electoral politics, marking an end to his almost 50 years in public life.

Dry promotion: 'New title, no raise' appraisal trend leaves employees in a pickle According to a study done by audit and consulting firm Deloitte India, the average pay hike across Indian companies is estimated to slip to 9.1% this year from 9.4% last year, with the IT sector facing spending cuts by clients seeing the worst hikes in a decade. Some profiles are expected to get better hikes given their demand. "Over the past few years, many sectors have seen a trend towards more substantial increments for tech and digital roles, while traditional roles may see steadier, moderate increases.

Employees increasingly find that robust workplace volunteer programs meet their desires for in-person connections, professional growth and altruistically inclined employers — career objectives that might be missing in conventional corporate atmospheres

social media generation. It came into existence during my coaching career. For me to identify and understand this is difficult at times. However, for athletes of this generation, who have grown up immersed in social media, things are different. For instance, I see a lot of athletes immediately get on social media after a match. In my view it is a very important time to reflect on the match and evaluate performance. But, many young athletes seem overly concerned with the likes and comments on social media. This can have a negative impact on their performance. MS Dhoni once wisely remarked, “It is important to play the sport and leave the rest to take care of itself.” That’s how it should be. In this age of social media overdrive, it is important that we keep distractions at bay and focus on the things we are good at. In my case, I know how to coach, how to help players improve. Whenever I face challenges, I go back to the basics and do what I know best. It has always yielded positive outcomes. With continuous abuse heaped on us, we lose hope. Losing hope and motivation is the worst thing that can happen to us. Our enemies say things to us in a way that we are forced to give up and lose the motivation that has made us who we are. You cannot let your enemies push you into a position where you are forced to give up. The moot point is that as professionals, we have a certain set of skills. It is important we continue to use those skills and do what we know.

ALSO READ: Biden celebrates computer chip factories, pitching voters on American 'comeback' He said when he was serving as a Senator in the 1970s “a lot of lovely women ... would send very salacious pictures and I just give them to the Secret Service. And I thought somebody would think I was ...." It is to be noted that US Senators and House representatives are not provided protection from the Secret Service.

Becoming Karl Lagerfeld,' a French TV series exploring the early years of the iconic fashion designer Karl Lagerfeld. Starring Daniel Brühl, the show is set to premiere on June 7, 2024, offering a glimpse into Lagerfeld's journey to fashion stardom.

Bharatiya Janata Party (BJP) has selected lawyer Ujjwal Nikam as its candidate for the Mumbai North Central constituency, replacing Poonam Mahajan. Nikam, known for his role as the prosecutor in the 26/11 attacks case, will contest against Congress' Varsha Gaikwad. Who is Ujjwal Nikam Ujjwal Nikam was born in Maharashtra's Jalgaon on March 30, 1953, to lawyer Deorao Madhavrao Nikam and Vimaladevi, a well-known freedom fighter. He has a Bachelor of Science degree and obtained his law degree from SS Maniyar Law College in Jalgaon.

Ardi Ndembo, a heavyweight boxer, has died in Miami after suffering fatal injuries during a bout. He was just 27-year-old. Ndembo, who had secured 8-0 in his professional career, lost the boxing fight through knockout. Subsequently, he was in induced coma, as per a report in New York Post. During a recent Team Combat League fight on April 5, Ardi Ndembo suffered a devastating knockout at the hands of his opponent, Nestor Santana. The brutal blow rendered Ndembo unconscious in the ring for an extended period, prompting concern and attention from spectators and officials alike.

boarding a chopper during election campaigning in the state’s Durgapur city. The incident comes in the middle of the ongoing Lok Sabha Elections in which Mamata Banerjee-led Trinamool Congress is involved in a high-stake battle with the Bharatiya Janata Party and the Congress in 42 seats of West Bengal. In 2019 general elections, the TMC had won 22 of the 42 Lok Sabha seats in West Bengal.

Change is afoot at the leadership levels of Huntington National Bank’s wealth business.

Comedian and content creator Tanmay Bhat recently addressed reports claiming his net worth to be Rs 665 crore, emphasizing the dynamics of India's booming content creator economy. A wealth management startup's report had placed Bhat's estimated net worth at Rs 665 crore, ranking him among India's wealthiest content creators.

Today’s competitive financial landscape also transforms because of regulatory changes, market dynamics, etc. Business education also needs to be reoriented, looking at the evolving nature of the industry. For instance, while teaching economics, greater emphasis is placed on qualitative learning. But when it comes to businesses, finance, and data analysis, a quantitative approach is crucial, too. IIT Kanpur’s e-Masters degree in Business Finance, conceptualised for professionals who want to establish new milestones in finance and economics, fills this gap. It is a comprehensive curriculum that takes a deep dive into the core principles of economics and finance and their applications in the business world. It empowers professionals with tools and techniques that can aid them in devising strategies that drive growth for their companies. Professionals can sign up for this programme basis an academic, professional background test, and an interview, where needed, without needing GATE. Why pursue an e-Masters degree in Business Finance from IIT Kanpur