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

PYMNTS

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms. Regulators must approve it as well.

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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. As of October, the US ranked 32 nd according to the Organization for Economic Co-operation and Development (OECD) data. What’s left is an estimate of personal savings.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

In another easing action dubbed “Operation Twist,” the Fed stated that they will sell $400 billion of their shorter securities (less than 3 year maturities) and buy the same amount of longer securities (6 to 30 year maturities) by June, 2012. It will take time, but eventually, companies and banks will seek higher returns and invest and lend.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Much uncertainty still exists as to whether Congress will extend the tax cuts that are set to expire on January 1, 2013. So stay tuned!

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Thiel became an outside board member with his $500K seed investment in Facebook in 2004. Later, the retail giant sold its entire e-commerce operations in China to JD.com. King Digital Entertainment. Delivery Hero.

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