Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd. because of low fees, according to people familiar ...

Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd. because of low fees, according to people familiar ...

Citigroup and JPMorgan have opted out of advising SBI Funds Management’s $1.4 billion IPO over low advisory fees. The IPO is offering fees of around 0.01% of the issue size, far below market averages.

* Investments in securities are subject to market risks. These are indicative and should not be interpreted as investment advice or guaranteed returns.

SBI Funds Management is jointly owned by State Bank of India and Amundi. The partners said last year they plan to sell a combined 10% stake through an IPO. SBI Funds Management Ltd. has hired nine ...

SBI Funds Management Ltd. has hired nine banks to advise on a proposed initial public offering that may raise around $1.4 billion in the first half of 2026, according to people familiar with the ...

Saudi Arabia-based fintech Tamara is set to get at least $1.4 billion in financing from a group of lenders including Goldman Sachs Group Inc., according to people familiar with the matter. Citigroup ...

The Davis City Council this week will receive a comprehensive Market Velocity Report from the Greater Sacramento Economic Council (GSEC), a public-private partnership that includes 22 cities and six ...

Every June, national brands celebrate Pride Month with colorful displays of solidarity. This year, expect fewer rainbow logos and less corporate revelry. “Normally this time of year, our company and ...

The LIV Golf circuit is back in action from Mexico City beginning on Friday at 3:15 p.m. ET as Club de Golf Chapultepec hosts the 54 competitors this week for three days of play. This is the first ...

The LIV Golf season kicks back into gear this week with the 2025 LIV Golf Mexico City event at Club de Golf Chapultepec. Here’s everything you need to know to watch the tournament, including a full ...