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Ant Financial Looking To Resurrect Stalled IPO

PYMNTS

Credit Suisse and China International Capital Corp are both reportedly in talks with Ant Financial as the groundwork begins, sources told the news outlet. . Ant Financial’s initial product was the 2004 payment-processing service Alipay. percent pre-tax profits for a 33 percent equity stake.

Taxes 131
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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

PYMNTS

The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital. Yes Bank was founded in 2004; it grew rapidly, but was affected by more corporate defaults in the country. On Thursday (Oct.

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Let’s take a look at the difference between PPF and NPS

BankBazaar

When launched in January 2004, it was exclusively meant for government employees. It is a risk-free scheme as the returns on invested sum are completely tax exempted. PPF is an efficient tax-saving investment, offering tax deduction under Section 80C. What is NPS? You can invest a maximum amount of Rs 1.5

Taxes 79
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FinTech Startups Take Advantage Of Talent Pool In Dublin

PYMNTS

Dublin, the capital of Ireland, is a burgeoning hub for startups in the technology sector. In addition, importantly, many multinationals have established their European offices in Dublin — for tax reasons — and bring in skilled workers. In 2004, Google arrived and other firms such as Facebook and Twitter came on the scene.

Fintech 101
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2004, US home ownership rose 7.45% to 69.2% It expanded by 262% from 1990-2004 and by over 369% through 2008. from 1965-1990.

US 52
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Lessons to apply to business valuations

Abrigo

There was a familiar conversation in 2004-06 where neighbors would find out what a house in the area sold for, peg the supposed value of their house off what their neighbor sold his or hers for and conclude that their house was worth $X. Here are four lessons for those wishing to value a business. Beware the Comps.

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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

The announcement in December came on the heels of a nearly 12-month project aimed at spinning its 15% interest (worth $30 billion) in Alibaba, the Chinese e-commerce company, to its shareholders, a transaction that has been abandoned over tax concerns. By spinning out the Alibaba stake to Yahoo!’s Ironically, Yahoo!

Google 100