Urinating incident | Air India’s response should have been much swifter: Tata Sons chairman

Urinating incident | Air India’s response should have been much swifter: Tata Sons chairman

“We fell short of addressing this situation the way it should have been,” Tata Sons chairman N. Chandrasekaran said in a statement, on January 8, 2023. File  | Photo Credit: The Hindu photo library Tata Sons chairman N. Chandrasekaran on January 8 said the urinating incident on November 26 aboard an Air India flight from … Read more

JPMorgan profit beats estimates on M&A boost

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JPMorgan Chase & Co reported a 14% fall in fourth-quarter earnings on Friday but sailed past analysts’ estimates, helped by a stellar performance at its investment banking unit that offset a slowdown in its trading arm. The country’s largest lender, whose fortunes are often seen as a barometer of the health of the U.S. economy, … Read more

The man who started the $11 trillion index revolution

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By Sam Potter The unsung hero of modern investing spends his days on the sunny vineyards of Sonoma, California — a world away from Wall Street. John “Mac” McQuown never helmed a big bank, crafted policy from Washington D.C., nor enjoyed name recognition like his kindred spirit Jack Bogle. But exactly 50 years ago to … Read more

Facing a Profitability Crisis, Europe’s Banks Rush to Restructure

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At beleaguered European banks, coronavirus is fast-tracking plans for fundamental restructuring after years of poor performance. Many of the region’s most prominent lenders are tearing up old business models, cutting business lines or doubling down on domestic markets as they try to find a formula that works for them. HSBC Holdings PLC is… Source link