February 2024 - Page 8

TLDR: PNB Housing Finance introduces limited-time promotion with fixed deposit interest rates up to 8.30% for senior citizens Revised FD rates are set at 8% for individuals below 60 years and 8.30%

TLDR: Capital One is considering acquiring Discover Financial Services, potentially creating the largest US credit card company. The deal may be announced soon, but there is no certainty it will happen. According

TLDR: London Capital & Finance was found to have run a ‘Ponzi’ scheme. Court proceedings revealed the fraudulent activities of the company. The court case surrounding London Capital & Finance has revealed

Article Summary TLDR: Capital One is reportedly set to acquire Discover Financial in an all-stock deal. The deal is expected to value Discover at more than $28 billion. Capital One Financial Corp.

TLDR: Key points: EIU is hosting a virtual event to discuss the financial outlook for 2024, focusing on interest rates, banking sector forecasts, and implications for insurance, private equity, and financial markets.

TLDR: Students across America are delaying college decisions due to a delay in financial aid applications, as the revised FAFSA rollout has been postponed. The Education Department introduced a new, supposedly simpler

TLDR: Bankruptcy in local government is a nationwide crisis. Last year, exclusive polling found that a quarter of English councillors believe their authority will soon go bankrupt. A nationwide crisis of bankruptcy

TL;DR: Foreign direct investment in China hits lowest level in decades. Fall in investment attributed to geopolitical tensions and regulatory crackdowns. In a recent development, foreign direct investment in China has plummeted

TLDR: SEC Chairman Gary Gensler warns against AI washing, where companies exaggerate their use of AI to attract investors, potentially leading to SEC rule violations and eroding trust in the financial industry.

TLDR: Chris Calvert named Vice President for Administration and Finance and CFO of Northern Kentucky University. Calvert led a financial turnaround at Cincinnati State Technical and Community College. Chris Calvert, J.D., has