By 2075, India will have a bigger economy than the U.S., according to Goldman Sachs

Goldman Sachs predicts that by 2075, India will have the world's second-largest economy, passing not only Japan and Germany, but also the U.S.

India is the fifth biggest economy in the world right now, after Germany, Japan, China, and the U.S.

In a recent report, an invest...

Global Healthcare Investment Banking Market is Forecasted to Witness Growth at a CAGR of 14.9% over the Forecast Period (2022 – 2030)

Healthcare industry at present is making more money than several other industries. It is taking giant steps, which also helps multiple other industries associated with it to grow. In last couple of decades, it has generated more revenue compared to what combined by other leading industries. Meanw...

JP MORGAN SIGNS A $100M DEAL WITH FIGURE TECH

Highlights:

• Figure technologies is an online lending platform
• This will enable Figure tech to innovate better mortgage products

That banks have been involved in the domain of cryptocurrencies is a fact. Figure Tech, a blockchain mortgage platform on ...

BIDEN’S TRIUMPH IN PRESIDENTIAL ELECTIONS MAY SPELL TROUBLE FOR KOREAN BANKS IN US

• The triumph of Democratic candidate Joe Biden in the U.S. presidential election has brought a ray of hope for both the U.S. and the global community, but his attitude towards stricter financial regulations is apparently weighing on Korean banks doing business in the world's largest ma...

Banks for insurance unit IPO chosen by Brazilian state lender Caixa

According to three well-informed sources, Caixa Economica Federal, a Brazilian state lender, has opted for the bank syndicate that promises to operate the initial public offering of its insurance unit.

The sources stated that Morgan Stanley will head a 10-bank syndicate consisting of th...

Germany to launch green bonds in 2020

The World Bank and the European Investment Bank started green bonds which created lumpsum of investments in sustainable projects such as ecosystem protection, renewable energy, energy efficiency, climate-related projects, etc. which accounts to trillion of dollars. Their essential role provides t...

The European Investment Bank (EIB) has approved €8.1 billion

The European Investment Bank has funded € 8.1 billion in new funds for development in climate action, sustainable development, health and education throughout Europe and worldwide.

"The climate crisis requires that we move immediately. And the EIB is reacting. As I confirmed e...

S.Korea's economic downfall alarming for the world

In an October World Economic Outlook report, the IMF cut South Korea's economic growth profile this year to 2% from the previous 2.4%. The OECD has cut the projected GDP growth of the nation to 2.1% in 2019. All investment banks followed suit, lowering their outlook for the economy of South K...

The Asian Infrastructure Investment Bank (AIIB) in India gets close to approximately $2.99 billion

The Asian Infrastructure Investment Bank (AIIB) has increased its savings and reserves in India with total in-country sponsoring currently being around $2.9 billion.

2 of its most current projects—approved by The Asian Infrastructure Investment Bank (AIIB’s) Board of Directo...

Investment banking pulling the weight of banks failures

As the state of the banking system in the United States is not as good as we would think it should be, this is because the banking sector has been slow to adopt the changing trends in the international banking and now the customers are turning to private investment startups that are taking away t...

Will the goal of prime minister will be achieved?

The Indian economy has been slowing down but as per the data revealed by a private global investment banking and financial services company, the nation’s economic growth has been very good if we look at an overall scene.

The Indian economy has been defined by the total wealth in t...

European bank powers the pharma to research more

Pharmaceuticals all over the world are growing and the need for treatments and medicines are on the rise as we are not adopting healthy ways of life and causing more harm to our bodies and making more vulnerable to diseases.
The European Investment Bank and ISA Pharmaceuticals have signed ...

Goldman Sachs: Buy? Sell? or Wait?

Shares of Goldman Sachs Group Inc. (The) (GS) ended the trading day Friday at $204.68, representing a move of 2.41%, or $4.81 per share, on the volume of 3.33 million shares.

Goldman Sachs is a global investment banking firm and a world-class name whose activities are organized into inv...