According to a study by a financial consulting firm that works with plaintiffs in securities litigation, JPMorgan Chase & Co. inflated the value of complex bonds it sold to individual investors, by 15 percent in one example. According to the study from… Read More ›
Day: October 21, 2016
Info of up to 3.25 Million Indian Debit Cards could have been Breached
Due to fears that the card data may have been stolen in one of India’s largest-ever cyber security incidents, a slew of banks in the country are replacing or asking their customers to change security codes of as many as… Read More ›
Wal-Mart invests $50 million in New Dada to tap the burgeoning Chinese online groceries market
New Dada has a joint venture with JD.com, in which Wal-Mart has a stake. Wal-Mart has realized that in order to survive and thrive in the Chinese market, local partners are key. In order to tap the world’s second largest… Read More ›
Brexit impact weighs heavily on Nissan
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
Altice USA could hit the primary market with an IPO
The company is drawing up plans to test the waters. Nothing is sure yet. Its at a preliminary stage. However, it makes sense if it were to come out with an IPO since it would give it a strategic hold… Read More ›