A Greenwich, Conn.-based team with more than $1.7 billion in client assets is joining Wells Fargo Advisors from RBC Capital Markets, the wirehouse announced Tuesday. The Sheresky Samsen Group of Wells Fargo Advisors includes managing directors of investments Steven Sheresky and his brother Jeffrey and Jeffrey Samsen. Additionally, Steven’s son, Kenneth Sheresky, is on board […]
FuelCell Energy prices $225 million stock offering at $21
Shares of Knack Packaging are set to make their stock market debut on the BSE and NSE on July 8 after the company’s Rs 439.5-crore initial public offering (IPO) received an overwhelming response from investors. Ahead of the listing, the grey market indicates a positive debut. The IPO is currently commanding a Grey Market Premium […]
The possibility of a major salary hike under the 8th Pay Commission has generated interest among central government employees and pensioners. There are expectations in some corners of a possible 60% hike in payments, once the recommendations of the 8th Pay Commission are implemented. The projected increase is not driven solely by how high the […]
The majority of over-55s continue to favour passing on wealth after death, despite widespread experience of family conflict. This is according to new research from Mattioli Woods, which revealed almost three quarters (64%) have witnessed disputes among relatives or friends over inheritance. Many have also seen more serious disagreements escalate into formal legal disputes. Wales […]
Hightower Advisors, the Chicago-based registered investment advisor with more than $350 billion in client assets, has added three firms, Private Vista, Hightower Great Lakes and The McGuirk & De Nevi Group, to Hightower Signature Wealth, the branded W-2 channel it launched in October. The three practices bring about $5 billion in combined assets under management, […]
Business loan payback periods and ROI are related because the payback period influences the total cost of the loan and how much the monthly payment is, which impacts a company’s cash flows. The ROI from a business loan comes from this equation: ROI = (Return – Cost) / Cost With this said, a full and detailed analysis […]
What’s in a custodian’s name? When you’re an advisor working with upper-high-net-worth clients considering a move to independence, it may mean more than people traditionally think. Nate Lenz, CEO of Concurrent, said his firm’s decision to add Goldman Sachs as a custody option has been a draw for some captive advisors looking to move into […]
Mumbai: Pre-IPO placements are making a comeback after a subdued start to 2026, with companies seeking to capitalise on strong institutional demand for upcoming public issues by locking in valuations and bringing in marquee investors ahead of their listings. So far in July, three companies have raised funds before launching their initial public offerings. At […]
LE CASTELLET, France, July 7, 2026 /PRNewswire/ — Geely Group Motorsport and Geely Cyan Racing navigated a highly demanding and dramatic weekend at the third round of the 2026 Kumho FIA TCR World Tour at Circuit Paul Ricard, securing three podium finishes as Santiago Urrutia protected his lead in the standings. Facing intense summer heat […]