Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Governance Gap That Could Break Financial Markets
The Federal Reserve may need to move quickly to ensure AI doesn't get further ahead of regulation. (Photo by Brooks Kraft/ Getty Images) On April 17, the Federal Reserve issued SR 26-2, its revised guidance on model risk management. The document…
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0754 GMT – There are a growing number of reasons to be positive on Liontrust, Berenberg says in a research note after…
Intact Financial Corp. stock falls Wednesday, underperforms market
Shares of Intact Financial Corp. IFC shed 1.22% to C$258.13 Wednesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.43% to 33,955.11. Intact…
Inside The Convoluted Finances Of Kevin Warsh
Kevin Warsh (center), President Donald Trump's nominee for Chair of the Federal Reserve, and his wife Jane Lauder (left) greeting Senate Committee on Banking, Housing, and Urban Affairs Chairman Senator Tim Scott at Warsh's confirmation hearing on…
Manulife Financial Corp. stock rises Wednesday, still underperforms market
Shares of Manulife Financial Corp. MFC inched 0.13% higher to C$52.35 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.43% to 33,955.11. Manulife…
STMicroelectronics Reports Q1 2026 Financial Results
STMicroelectronics Reports Q1 2026 Financial Results Q126 net revenues at $3.10 billion U.S. GAAP Gross margin at 33.8%. Excluding the Purchase Price Allocation (PPA) effects from the acquisition of NXP's MEMS sensor business, non-U.S. GAAP gross…
Bajaj Finance falls Wednesday, still outperforms market
Bajaj Finance Ltd. 500034 shares inched down 0.49% to 934.80 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 0.95% to 78,516.49. Bajaj Finance Ltd. closed…
Bigbank's Unaudited Financial Results for Q1 2026
By the end of the first quarter, loans to customers stood at a record high of 2.8 billion euros, having increased by 126 million euros (+5%) over the quarter and by 536 million euros (+23%) year on year. Compared to the end of the previous quarter…
Cango Names Simon Ming Yeung Tang Finance Chief
Cango said it appointed Simon Ming Yeung Tang as chief financial officer and director, effective immediately. The bitcoin mining company on Wednesday said that Chang-Wei Chiu and Yongyi Zhang resigned from their respective positions as director and…
Car finance compensation scheme faces challenge and delay
A consumer group is planning a legal challenge to a scheme designed to compensate millions of drivers who were mis-sold motor finance agreements. Consumer Voice said the City regulator's scheme, which is expected to cost lenders a total of…
Industrial Logistics Properties Trust Shares Climb on $1.62B Financing for Joint Venture
Shares were up 16.7% to $7.35 as of midday Wednesday. The stock is up 33% year to date. The real estate investment trust said the five-year, interest-only fixed rate mortgage financing would be secured by 90 industrial properties. The proceeds from…
Car finance compensation scheme faces challenge and delay
Kevin PeacheyCost of living correspondent A consumer group is planning a legal challenge to a scheme designed to compensate millions of drivers who were mis-sold motor finance agreements. Consumer Voice said the City regulator's scheme, which is…
AI Is Becoming The Operating System For Financial Life. We Need To Build It Right.
Photo Illustration by Nikolas Kokovlis/NurPhoto via Getty Images Something big is happening in finance. We are moving from a world where AI-powered tools are helping people manage their money to one where bots will be operating it for them.
Vivoryon Therapeutics N.V. Reports Full Year 2025 Financial Results and Provides Business Update
Vivoryon Therapeutics N.V. Reports Full Year 2025 Financial Results Compelling kidney function data and meta-analysis from two Phase 2 studies with varoglutamstat presented at ERA 2025, ASN kidney week 2025 and at WCN 2026 Analysis of data for…
HKMA and HKAB launch task force for Hong Kong's Northern Metropolis financing
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on Wednesday the joint establishment of the Northern Metropolis Financial Advisory Taskforce, which will explore financing solutions for the development…
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