July 1, 2025

sector

Banking

People’s Bank marks 64 years in SL’s banking sector today – Business News

Chairman  Prof. Narada Fernando Chief Executive Officer  Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion.  Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent

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Investment

Meet the Tiny Investment Bank Behind Newsmax’s Rip-Roaring Stock Debut

Newmax’s stock debut may be the talk of Wall Street, but the investment bank behind the deal is not normally associated with the sector’s splashiest IPOs. Rather than using a large advisory firm like Goldman Sachs or Morgan Stanley, Newsmax tapped a relatively obscure advisor: the Laguna Beach, California-based Digital Offering LLC, which has just

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