Woodford suspension could cause Hargreaves Lansdown to halt withdrawals from its multi-manager funds

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Woodford suspension could cause Hargreaves Lansdown to halt withdrawals from its multi-manager funds

Hargreaves Lansdown, Britain’s biggest investment broker, could be forced to prevent withdrawals from some of its multi-manager funds that hold stakes in the suspended Woodford Equity Income fund, experts have warned. Multi-manager funds are …
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New NPA resolution norms retain Feb 12 spirit, but offer leeway to lenders, borrowers

Mumbai: Two months after the Supreme Court struck down the February 12 circular, the Reserve Bank Friday issued a revised framework for resolving stressed assets by offering lenders a 30-day period to label an account an NPA but has withdrawn all other …
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Tucker Mathis

Tucker Mathis is the CEO of FINSYNC, a consolidated cash flow management platform focused on helping businesses grow. He has dedicated nearly
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Artificial intelligence is coming: Microsoft, Louisville announce partnership

Louisville is partnering with Microsoft to explore the future of artificial intelligence, Mayor Greg Fischer announced Friday. According to a recent report from the Brookings Institution, Louisville ranks eighth among metropolitan areas in risk of losing jobs to …
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Xiaomi recalls some of its popular M365 scooter model

Xiamoi recently discovered a safety issue with the M365 electric scooter where a screw could become loose in the folding apparatus. That would then cause the vertical component of the scooter to break off while in use. Xiaomi said it only affected a “limited …
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