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Banks see biggest job cull since 2015,cut a combined 77,780 jobs

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015, according to filings by the companies and labor unions. Banks in Europe, which face the added burden of negative interest rates for years to come, account for almost 82% of the total.The 2019 cuts bring the total for the last six years to more than 425,000.

City of London’s unity begins cracking over Brexit trade deal: Opinion

Under Johnson’s current agreement with Brussels, British financiers will in 2021 lose their so-called EU “passporting” rights (which allow them to work anywhere in the bloc). The U.K. and the EU have agreed instead on the principle of “equivalence,” which will give the City access to the EU for many financial services as long as Britain adheres to Brussels rules.

Free WiFi to all villages connected via Bharat Net till March 2020: Prasad

In a digital village, residents are encouraged to become digitally literate. Residents can avail quality healthcare through tele-medicine consultations under allopathy, homeopathy and ayurvedic systems.The digital village also promotes a financially inclusive society by providing banking, insurance and pension services at the doorstep of citizens. In addition, the entire village is WiFi enabled, so residents are digitally connected.

Fund raising via IPOs plunges 60% to Rs 12,362 cr as economy sputters

But from the listing side, the year was good with IPOs with strong debut trade. Of the 15 IPOs which got listed, seven gave a return of over 10 per cent, based on closing price on listing date. IRCTC gave a stupendous return of 128 per cent, followed by CSB Bank (54 per cent), Ujjivan (51 per cent), Indiamart Intermesh (34 per cent), Neogen Chemicals (23 per cent), Polycab (22 per cent) and Affle (17 per cent)

Gene therapy to conquering hepatitis C: A decade of medical breakthroughs

Multiple new categories of medicines have moved from dreams and lab benches into the market and people’s lives, and investors who came along for the ride often reaped extraordinary profits. The Nasdaq Biotech Index is up 360% over the last 10 years to the S&P 500’s 190%. And that’s without mentioning the hundreds of billions of dollars in takeovers that rewarded shareholders with windfalls.