Abu Dhabi Bank Likely to Acquire Significant Stake in Indian Bank: UAE Envoy

An Abu Dhabi-based bank is reportedly in talks to acquire a significant stake in an Indian bank, according to UAE Ambassador to India Abdulnasser Alshaali. […]

Hedge Funds Increase Bets Against Financial Stocks Amidst Global Economic Uncertainty

Hedge funds ramp up their bets against bank and financial stocks during the week leading up to Friday, according to a note from Goldman Sachs. […]

Market Concentration Reaches Dot-Com Bubble Levels as Tech, Telecom, and Healthcare Dominate Global Stocks

Market concentration in global stocks has now reached levels reminiscent of the 2000 Dot-Com bubble. As of July 2024, the technology, telecom, and healthcare sectors […]