This article was originally published on www.si.com/onsi/horse-racing as Belmont at Saratoga Late Pick 5 Strategy for Friday, July 4.

Dubai: HDB Financial Services, the shadow lending arm of HDFC Bank, made a strong debut on the Indian stock market, gaining nearly 15% on opening day. This came after a blockbuster Rs12,500 crore ($1.

Once considered fringe instruments, stablecoins now serve as a bridge between legacy financial systems and decentralized ...

The stress tests were born out of the 2008 financial crisis—a modest little meltdown you might recall as the one that took ...

President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very ...

"I think he's terrible," Trump said when asked during a news conference about his intentions for the next Fed leader. Trump ...

A new study from the University of Bath has found that highly leveraged loans are increasingly underpriced in the U.S. loan ...

“Shadow banking doesn’t include traditional banks. Instead, financial institutions such as hedge funds, private equity funds and non-bank mortgage lenders are examples of shadow banks,” he said.

The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow bankers. Read more here.