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Left with no finance employees, Vernon Hills tests outsourcing option

Left with no finance employees, Vernon Hills tests outsourcing option

Vernon Hills is considering outsourcing its finance department now that all three full-time employees have resigned. The resignations come as the village is experiencing considerable staff turnover this year. It began with the village manager and village attorney leaving in March following a vague confrontation with Mayor Roger Byrne over legal spending. Nikki Larson resigned […]

We aim to get 40 lakh customers by 2020: Jana Small Finance Bank CEO

We aim to get 40 lakh customers by 2020: Jana Small Finance Bank CEO

Jana Small Finance Bank has a loan book of Rs 76 billions during the year ending March 31 and aspires to add 40 lakh customers by 2020, managing director and chief executive officer of the bank Ajay Kanwal said. Speaking at the launch of the operations of the bank here, Kanwal said it had started […]

Bajaj Finance likely to report strong earnings in Q1; key things to watch out for

Bajaj Finance likely to report strong earnings in Q1; key things to watch out for

Non-banking finance company Bajaj Finance is expected to report another robust set of numbers for the June quarter on July 19. Brokerages estimate the company’s bottomline to rise 35-45 percent YoY and its net interest income to increase 30-40 percent. Assets under management (AUM) are seen increasing 35 percent compared to last year’s quarter. “For […]

Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders

Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders

Japan: Major Finance Firm SBI Opens Its Crypto Exchange to Traders  Cointelegraph Full coverage Source link

Stiglitz: Benefits of multiple layers of financial regulation so much higher than costs

Stiglitz: Benefits of multiple layers of financial regulation so much higher than costs

Getty Images Nobel prize-winning US economist Joseph Stiglitz The U.S. needs multiple layers of regulation of the finance industry because the damage from malfunction is so much higher than the costs, a Nobel economics laureate said Monday. Joseph Stiglitz, a professor at Columbia University, who was the Nobel laureate in economics in 2001, […]

Cholamandalam Investment and Finance Company Limited (NSE:CHOLAFIN): What We Can Expect From This Growth …

Cholamandalam Investment and Finance Company Limited (NSE:CHOLAFIN): What We Can Expect From This Growth …

In March 2018, Cholamandalam Investment and Finance Company Limited (NSE:CHOLAFIN) released its most recent earnings update. Generally, analyst consensus outlook appear cautiously optimistic, with earnings expected to grow by 27.80% in the upcoming year against the past 5-year average growth rate of 24.62%. Presently, with earnings at ₹9.75b, we should see this growing to ₹12.47b […]

Finance Ministry may seek extension of deadline from Sebi for PSBs on minimum public float norm

Finance Ministry may seek extension of deadline from Sebi for PSBs on minimum public float norm

NEW DELHI: The finance ministry may approach markets regulator Sebi to seek relaxation on the minimum 25 per cent public shareholding norm for some public sector banks (PSBs). There are 13 PSBs including IDBI Bank, Bank of India in which the government holding is more than 75 per cent. If these banks are unable to […]

Latest lawsuit from Aaron Starr focuses on Oxnard finance director

Latest lawsuit from Aaron Starr focuses on Oxnard finance director

Buy Photo Oxnard’s Chief Finance Officer is seen at a June City Council meeting.(Photo: WENDY LEUNG/THE STAR)Buy Photo Aaron Starr has filed another lawsuit against the city of Oxnard, and this time, it’s directed at the outgoing chief finance officer. The lawsuit filed on Wednesday claims Chief Finance Officer Jim Throop has never prepared thorough […]

These five finance experts are still excited about cryptocurrency – here's why

These five finance experts are still excited about cryptocurrency – here's why

Bitcoin had has a rough year. The cryptocurrency plummeted from $20,000 at the end of 2017 to under $6,000 by June. But the bitcoin faithful remains excited, and some experts see the digital currency surpassing its record highs from the end of 2017. Chamath Palihapitiya, the CEO and founder of Social Capital, predicted on CNBC’s […]

Nedbank bets on drones reshaping agri finance

Nedbank bets on drones reshaping agri finance

Nedbank’s venture capital fund is betting on drones reshaping agri finance by investing in Aerobotics, a Cape Town-based aerial data-analytics company making waves internationally. The R100 million venture capital fund, which sits within Nebank Corporate and Investment Banking’s (CIB) disruption and innovation hub, NEDX, has made an undisclosed investment in the start-up as it seeks […]