Finance News: Latest Financial News, Finance News today in Bangladesh

MTB sees steady growth

Mutual Trust Bank (MTB), a leading private commercial bank, has witnessed a steady growth in financial indicators.Skilled human resources and tech-savvy products of the bank played important roles in the growth of the bank during the period, officials said.The bank's net income rose 15.81 per cent to Tk 9.83 billion...

Mercantile Bank holds business confce

The Half-Yearly Business Conference - 2019 of Mercantile Bank Limited was held at Le Meridien in the city on Saturday. The heads of the bank's 139 branches and Head Office divisions participated in the conference. Morshed Alam, Chairman of the Board of Directors, was present as the chief guest in...

MFs rule weekly gainers' chart on DSE

FE ReportMutual funds (MFs) dominated the top 10 gainers' chart on the Dhaka Stock Exchange (DSE) last week riding on the investors' increased participation in transactions.The rise of the fund unit prices ranged between 18.56 per cent and 59.71 per cent.The MFs are SEML FBLSL Growth Fund, SEML IBBL Shariah...

Managing Director and CEO of EXIM Bank Dr Mohammed Haider Ali Miah (3rd from left) and other officials posing at t

Managing Director and CEO of EXIM Bank Dr Mohammed Haider Ali Miah (3rd from left) and other officials posing at the Half-Yearly Business Development Conference 2019 of the bank at its head office in the city on Saturday

EXIM Bank holds business dev conference

EXIM Bank held its Half-Yearly Business Development Conference 2019 at its head office in the city on Saturday. The conference highlighted the achievements of the first half of 2019 and elaborated business plans for the second half. Managing Director and CEO of the bank Dr Mohammed Haider Ali Miah was...

Walton brings in three models of washing machine

Walton, the country's electronics giant, has released three new models of automatic washing machine featuring eco-friendly, energy-efficient and front loading system, in the domestic market. The local brand unveiled the fresh models of washing machine having the capacity of 6.0 kg, 7.0 kg and 9.0 kg at a programme at...

Earnings show Amazon, Twitter cutting into Google-Facebook ad duopoly

In a week that brought earnings from the top online advertising companies, Google and Facebook showed that they still dominate the market. But smaller players are growing faster and picking up market share, reports CNBC.In addition to Facebook and Alphabet, which control a combined 51 per cent of the global...

London Stock Exchange in talks to buy Refinitiv

The London Stock Exchange Group said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings for $27 billion, including debt, reports CNBC.The deal comes less than a year after buyout firm Blackstone Group acquired a majority stake in Refinitiv from Thomson Reuters, valuing the company...

Cloud company Datadog hires banks for IPO

Datadog Inc, the cloud monitoring company whose investors include a wealth manager for Facebook Inc Chief Executive Mark Zuckerberg, has hired investment banks for its initial public offering (IPO), according to people familiar with the matter, reports Reuters.New York-based Datadog has hired Morgan Stanley, Goldman Sachs Group Inc, JPMorgan Chase...