07/15/2014

Geojit BNP Paribas Q1 profit jumps 42.8%

Geojit BNP Paribas announced Tuesday a sharp rise of 42.81% in consolidated net profit to Rs 235.5 million for the quarter ended Jun. 30, 2014 as compared to Rs 164.9 million in the same period last year.

07/14/2014

New Zealand P2P lender Harmoney gets FMA license

Harmoney today announced that it was the first lender in New Zealand to reach the standard required to obtain a Peer-to-Peer Lending License as granted by the sector's regulator, the Financial Markets Authority.

07/14/2014

Money Flows In, Profits Shrink for China Fund Managers

China's mutual-fund managers' profits have slumped even as assets under management have hit a record high, reflecting Chinese investors' shift to money-market funds and a reluctance to fully embrace the nascent fund industry for the long te