The US Fed may raise interest rate a lot higher than previously anticipated, making it difficult for the market to adjust, but the greater damage is being caused by geopolitical events such as the Ukraine war and the clouds over Taiwan, he said.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and