Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Financial industry heavyweights compete to head banking lobby
With the Korea Federation of Banks (KFB) set to appoint its next chairman, several former financial executives and regulators are emerging as potential candidates to take the helm of the country's leading banking lobby, according to industry…
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. 0753 GMT – China is likely to be the key exception to Eastspring Investments' view that Asian central banks could…
Bajaj Finance slides Friday, underperforms market
Shares of Bajaj Finance Ltd. 500034 dropped 1.38% to 927.00 Indian rupees Friday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 0.17% to 73,123.83. Bajaj Finance Ltd. closed 21.28%…
The secret to financial happiness - and it's not the size of your paycheck
Money can't buy you happiness but knowing just how much you've got can certainly help. New research has revealed that understanding your finances can be as important to wellbeing as a big paycheck - and could even make holidays more enjoyable. The…
A Financial Checklist For Americans Planning To Move Abroad
Tom Zachystal | President of International Asset Management, providing financial planning and investment advice for Americans living abroad. Moving abroad is an exciting prospect, whether you're planning to retire overseas, taking up a new…
Financials Up After Strong Earnings - Financials Roundup
Shares of banks and other financial institutions rose after generally strong earnings. Shares of Blackstone rallied after it posted third-quarter distributable earnings above Wall Street targets. Chief Executive Steve Schwarzman said the boost to…
Tompkins Financial Raises Quarterly Dividend by 5.7%
Tompkins Financial's board has raised the banking and financial-services company's quarterly dividend by 5.7%, to 74 cents from 70 cents. The new payout, equal to $2.96 a year, represents an annual yield of about 2.94% based on Thursday's closing…
Personal finance app will encourage users to invest - and you might already have it
Personal finance app Plum has received the go-ahead from the Financial Conduct Authority (FCA) to encourage those with significant cash savings to consider investing some instead. As part of the government's wider initiative to get British people…
4 charts show how unrest in France has ripped through financial markets
Markets across Europe have been shaken by the upheavals and unrest in the streets of France. Volatility has surged as the cost-of-living protests that spiraled into violence in France have spread to other parts of Europe in recent day. Stocks…
Smart financial advisers are dropping ROI, NAV and QCD for plain English when talking to clients
The most credentialed financial advisers undergo years of intensive training and by the time they're ready to work with clients, their brains are overstuffed. Financial advisers learn the intricacies of portfolio design, risk management and tax…
UAE Capital Market Authority Reviews AIX Financial Consultations
The United Arab Emirates' Capital Market Authority (CMA) is examining AIX Financial Consultations after receiving information about the firm, placing the matter under official review as investors report delayed and missing investment payouts tied…
The secret to financial happiness - and it's not the size of your paycheck
Professor Paul Dolan of the London School of Economics and Political Science (LSE) Money can't buy you happiness but knowing just how much you've got can certainly help. New research has revealed that understanding your finances can be as important…
How England Leveraged Stock Markets To Influence the Ottoman Bank: Sovereign Debt and Financial Power.
The Ottoman Empire's downfall was shaped by more than war. England expanded its power by establishing a bank in the heart of Istanbul, using foreign loans and financial influence to gain control over Ottoman finances. The Ottoman Empire offers a…
Companies risk a CFO talent crisis by automating junior finance roles
The work AI does best is the work nobody wants to do. In finance, that is precisely the problem. For decades, junior accountants learned their trade by reconciling accounts, manually entering data, and grinding through the month-end close. The…
Synchrony Financial stock outperforms competitors on strong trading day
Shares of Synchrony Financial SYF advanced 1.32% to $75.09 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.02% to 52,867.98 and the S&P 500 Index SPX…
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