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Edward Jones Buys Natixis’ Overlay Management Services to Power its UMAs

Wealth Management

Louis-based broker/dealer Edward Jones announced it intends to acquire Natixis Investment Managers’ overlay management services capabilities “through the purchase of select assets and an exclusive license for certain proprietary technology.” at Natixis IM, said in a statement.

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Edelweiss Financial Services Limited announces ₹3,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs)

Trade Brains

About Edelweiss Financial Services Limited: Edelweiss Financial Services Limited (“ EFSL ”) was incorporated on November 21, 1995, under the name of Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. and EDEL.BO and Bloomberg: EDEL IS and EDEL IB.

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Transcript: Ron Shaich, Au Bon Pain, Panera Bread & CAVA

The Big Picture

00:09:05 [Speaker Changed] So you licensed the spot. None of that existed in 2011. And that’s what led them to borrowing a great deal of money against their own personal real estate. And as I said, opening 13 units of which by the time I came along, they had closed 10 of them. How does that lead to eventually purchasing Obum Pot?

Food 130
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Alcohol stocks in focus after Maharashtra Govt hikes IMFL excise duty by 50%–60%

Trade Brains

The shares of the prominent alcoholic beverage company have seen bearish movement after the Maharashtra government hiked duty on Indian Made Foreign Liquor (IMFL) by 50%–60%, the steepest increase since 2011. This move is expected to raise IMFL’s Maximum Retail Price (MRP) by 30%–50%, potentially impacting demand and margins.

License 59
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High FII Holding Stocks Under Rs 100 To Add To Your Watchlist

Trade Brains

This JV was established in 2011 and continues to run smoothly even today. The Bank received its RBI License in 2016 & received its scheduled bank status in February 2017. Capital First on the other hand had a solid track record in terms of RoE & NPA’s and was eyeing for a Banking License. Market Cap (Cr.) 35346 EPS -0.3

Banking 105
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Debt Ceiling Primer | Weekly Market Commentary | February 27, 2023

James Hendries

We continue to believe the chances that Congress will fail to raise the debt ceiling before the x date remain extremely low, but current political dynamics have likely increased the risk and there are some negative consequences to even an eleventh hour agreement, as we saw in 2011. S&P has maintained that AA+ rating since 2011.

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Satyam Scam – The Story of India’s Biggest Corporate Fraud!

Trade Brains

PwC was found guilty and its license was temporarily revoked for 2 years. On 4th November 2011, bail was granted to Raju and two others accused. The CBI also found 13,000 fake employee records created in Satyam and claimed that the scam amounted to over Rs. 7000 crores. Investors too became vary of other companies audited by PwC.

Banking 131