Broking

Ardonagh made its first acquisition in Australia in February 2021 with the purchase of Resilium Insurance Broking.

For its part, CBA argues that the move to increase bonuses is an attempt to stop mortgage sales staff from moving into mortgage broking – where remuneration is largely commission-based.

She has worked in investment management, stock broking, and investment banking.

The accused person and his associates allegedly got access to the broking firm’s client data, and managed to illicitly operate their shares and make profits, causing them a loss of over Rs 14 crore.

The company provides insurance broking and advisory services primarily to SME clients; distributes ancillary products; and designs, distributes, and manages insurance products on behalf of licensed insurance companies.

To know what lies ahead for the equity markets in 2025, approached experts from the asset management as well as the investment banking and broking industry for their thoughts.

After falling prey to the infamous Karvy Stock Broking scandal in 2019, Ashok Ghose, a senior citizen from Pune, was feeling lucky in April this year when he received his shares back after months of efforts.

Also, a report that the government may not announce further capital infusion in the PSBs in the upcoming Union Budget further dented the sentiment,” Ajit Mishra, VP Research, Religare Broking told Financial Express Online.

Bids have been invited for 100 per cent stake in Reliance Securities Limited – Broking & distribution company offering services across asset classes including equities, commodities, derivatives, currency, mutual funds, bonds and corporate FDs.

IndiaNivesh Shares and Securities has shut down all its broking operations on account of the liquidity crunch caused due to the ongoing coronavirus pandemic.

Sebi chief Ajay Tyagi on Monday said it will soon come out with a circular to prevent incidents like Karvy Broking Services Ltd (KSBL), which had allegedly misused clients’s securities, and asserted that whatever action required will be taken.

We thus reiterate our cautious stance and suggest focusing more on risk management aspects,” Ajit Mishra, VP – Research, Religare Broking Ltd, said.

We’ve had considerable interest from the broking community internationally, so we felt the time was right to build and launch this product,” said Oren Schetrit, CyberCube’s director of Product.

Apart from prohibiting Karvy from taking new broking clients, the watchdog directed NSDL and CDSL not to act upon any instructions given by Karvy in pursuance of power of attorney given by its clients.

Global broking firm Goldman Sachs has forecast a mild recovery of the Indian economy from the economic slowdown by March next year, assuming a significant pick-up in consumer confidence and loosening of domestic financial conditions.

HDFC Securities, the stock broking arm of India’s largest private-sector lender, HDFC Bank, on Wednesday announced a partnership with Stockal, a US-based financial platform, to launch GlobalInvesting.

Just last month, Sebi barred Karvy Stock Broking Ltd. from taking on new customers after the firm was found to have allegedly misused clients’ shares.

Soon after, we were approached by a venture capital company who owned 70% of an insurance broking business operating in Central & Eastern Europe (CEE).

This will help you to estimate your annual fees across broking firms to make comparison easier.

We’re often better at negotiating and that’s what insurance broking is all about,” she says.