Kotak Mahindra Bank jumps on report of Berkshire investment
Friday, 7 December 2018 () Shares of India's Kotak Mahindra Bank Ltd jumped as much as 8 percent on Friday after CNBC-TV18 reported that Warren Buffett's Berkshire Hathaway Inc is planning to invest about $4 billion to $6 billion in the bank.
According to a report by Reuters, on Wednesday, Danske Bank's leading investors are looking to Denmark's Maersk family to chart a course through the turmoil of a 227 billion dollar money laundering scandal. After ousting the bank's chairman Ole Anderson, the Danish clan’s investment firm A.P....
Bank of America Merrill Lynch is set to report third-quarter earnings at about 6:45 a.m. Analysts expect the bank to report adjusted earnings per share of $0.62, a 29.5% increase from last year. Here's..
Benchmark indices broke their three-day falling streak on Friday driven by strength in global equities, sliding crude prices, recovering rupee and a surge in... Firstpost - BusinessAlso reported by •Reuters India