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In the newly created role, he will be responsible for the firm's advice-led wealth management offering for private clients. Reporting to chief commercial officer Robin Eggar, he will be based in the firm's London office. Brooks Macdonald enjoys 8% revenue boost from acquisitions Charalambous worked at Investec W&I between October 2020 and October 2023, most recently as co-head of private clients and global high net worth. Before that, he was managing director at Julius Baer and has held senior roles at RBC Wealth Management and JP Morgan. Former Brooks Macdonald CIO Edward Park joi...

For more than a year now, the acquisition of United States Steel Corporation (NYSE:X), the iconic American steel giant, has appeared nothing short of inevitable.

existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at a slightly lower level. Existing home sales advanced 9.5 percent in February from January to an annual rate of 4.38 million, seasonally adjusted, the National Association of Realtors (NAR) said.

Rural Development Ministry may notify revision in wage rates under the Mahatma Gandhi National Rural Employment Guarantee Scheme and it has received a clearance from the Election Commission as the poll code is in force, sources said on Thursday. Though ministry officials refused to comment on the issue in view of the model code of conduct (MCC) being in place after the announcement of the Lok Sabha poll schedule, they said it is a «routine» matter and that ministries approach the EC for clearances when the model code is in place. According to a source, the changes in rates are to be notified for the upcoming financial year starting April 1. «It's the regular process of revision of rates every financial year from April 1. The ministry has taken permission from the EC for notifying it,» the source said.

Money mule scam: In today's digital transaction landscape, transferring funds between bank accounts has become remarkably convenient, taking just a few minutes. However, alongside this ease, there's been a concerning surge in fraud cases. Fraudsters are utilizing more sophisticated tactics to exploit vulnerabilities within the digital transaction ecosystem. One such scheme gaining prominence is the money mule fraud.

Digital banking has brought a paradigm shift to the way we carry out financial transactions. The collateral damage, however, is the spate of frauds that accompany it. To minimise these frauds, the banking regulator has taken a number of steps so that banking remains safe and secure.

Investing.com — U.S. futures rose Thursday, continuing the positive tone generated by the Federal Reserve sticking with its plan to cut interest rates three times this year.

In recent news, the UN stated that North Korea has been actively involved in “malicious” cyber activities and crypto theft, contributing to nearly half of its foreign currency revenue and funding its weapons programs. 

Sweet Easter baskets will likely come at a bitter cost this year for consumers as the price of cocoa climbs to record highs

The Noida Expressway is a principal corridor harboring unlimited potential. Built with a clear purpose to decongest National Highway- 2, it establishes a direct connectivity channel between Delhi and Noida and further stretches to Greater Noida.

Congress leader Bhupesh Baghel must not be afraid of an investigation against him in the alleged Mahadev betting app scam if he is innocent. In an interview with PTI as his government completed 100 days in power on Thursday, Sai exuded confidence the BJP would win all 11 Lok Sabha seats in the state as people are eager to see Narendra Modi as prime minister for a third term. He, however, added his party is not overconfident and does not consider the opposition weak. Asked about Baghel claiming he was being implicated in the Mahadev online betting app case, Sai said the former CM should not be scared at all if he is innocent. The state Economic Offence Wing (EOW) earlier this month registered a case against Baghel and 18 others in the betting app «scam» on a report submitted by the ED, which has been probing the alleged money laundering part. Asked about alleged selective action against Baghel, Sai said «an accused never admits his/her offence.» Speaking about the works of his government, which came to power following the Assembly polls in November last year, the 60-year-old Sai said he had launched the BJP's Lok Sabha campaign from Bastar on Wednesday and the massive turnout in sensitive areas like Narayanpur showed the level of people's support for the party.

Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6% in premarket trading. Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%.

Javed, surrendered at a police post in Bareilly, police said on Thursday. Javed, who had been absconding since the murders on Tuesday, surrendered at Satellite Police outpost of Baradari Police Station of Bareilly, Budaun Senior Superintendent of Police Alok Priyadarshi said. According to news agency PTI reports, a video had surfaced where Javed is claiming innocence.

Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6% in premarket trading. Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%.

Google researchers are setting their sights on another pressing global challenge: flood prediction. Their efforts are outlined in a recent research paper published in Nature, shedding light on how AI can revolutionize flood forecasting and potentially save countless lives, reported HT Tech.

banks have seen an erosion in their low cost deposits as customers chase higher yields, and infrastructure demand is accelerating with the segment witnessing strong loans growth, showed a survey of bankers. ``Customers’ search for higher rates and the ability to lock those interest rates for a longer time has led to a shift in favour of term deposits,’’ said the FICCI-IBA Survey of Bankers. ``Term deposits have picked up pace. Around 70% respondents have reported a decrease in the share of CASA deposits in total deposits.’’ Some sectors like infrastructure, iron & steel and food processing are witnessing growth in long term credit demands. Major infrastructure development plans have been in place by the Government to facilitate quick capital spending with a strong multiplier effect and this is likely to spur demand for infrastructure financing, said the report.

By Bansari Mayur Kamdar and Shashwat Chauhan

Shares of Accenture (NYSE:ACN) fell 5% in premarket trading Thursday after the professional services company reduced its revenue growth outlook for the full fiscal 2024 year.

By Terje Solsvik

MUMBAI : E-commerce platform Flipkart has rejigged its increment policy, splitting annual salary increases into two tranches rather than have those reflecting in an employee’s pay structure. In an effort to plug attrition, especially at the senior levels, the company will also roll out 100% bonuses to all its employees. According to a senior Flipkart executive, the Bengaluru-based e-commerce firm has detailed out the new compensation structure to its employees in a letter, which Mint has reviewed.

Indian Banking sector is structurally in stronger shape to ride the retail credit growth story over the next decade, amid rising consumerism. However, funding such growth via retail deposits at a reasonable cost among rising structural disruptions could emerge as the biggest challenge, said domestic brokerage firm Emkay Global Financial Services in its latest banking analysis report.