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How Fisdom is making financial investments easy – going the mobile-first, no-jargon way.

“In the consumer internet product space, everything is replicable, but what really makes you distinct from your competitors is the thinking, orientation and value system that you bring in. And that’s true for us,” says Subramanya S V, co-founder and CEO of fisdom. Wisdom is a nine-month-old wealth management app that helps people manage their money. The startup’s website says, ‘fisdom takes the guesswork...

It’s Not Just Wells Fargo: Disgraced Executives Who Get the Golden Ax

It’s the definition of “failing upwards.” It’s become almost rote that when executives resign in disgrace they get to walk away with massive paydays. This time around, though, there may be some small measure of comeuppance after Wells Fargo CEO John Stumpf, under fire after his bank was caught creating 2 million accounts that may not have been authorised by customers in order to rack...

Index changes may drive interest in Reits

Once a niche investment, real estate investment trusts (REITs) have seen enormous growth in recent years, and the flow of money into the sector may be about to accelerate. Earlier this month, global equity indices were reconfigured. Since it was established by MSCI and Standard & Poors in 1999, the Global Industry Classification Standard (GICS) has consisted of 10 sectors. Now there are 11. Real estate,...

Sempra Energy’s Unit IEnova Awarded Its First Two Solar Energy Projects In Mexico

SAN DIEGO /PRNewswire/ — Sempra Energy (SRE) today announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (IENOVA.MX), has been awarded two solar energy projects in a recent auction conducted by Mexico’s Centro Nacional de Control de Energía. The two projects will total 141 megawatts (MWac) of capacity with an expected investment of approximately $150...

Yahoo Has Been Hacked: What You Need to Know

It’s time to change your password. It’s a cyber catastrophe. Yahoo on Thursday confirmed a massive security breach that saw hackers steal personal information for over 500 million accounts. Yahoo YHOO -2.56% says a foreign government is to blame. The incident is a big deal, since so many have a Yahoo account of some type or other — for email or finance or fantasy sports and so on. The fallout will have...