Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Intact Financial Corp. stock falls Friday, underperforms market
Shares of Intact Financial Corp. IFC slid 2.22% to C$273.89 Friday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.18% to 34,471.36. Intact Financial…
Why Hybrid AI Is No Longer Optional In Banking And Finance
Sam Sammane is the CEO of TheoSym. Where finance and banking are involved, there is one thing I am sure about: You cannot afford to use ChatGPT or any generic AI “as is.” It is tempting to be dazzled by the ability of these…
Finance Bros Tremble in Fear That They Could Be Replaced by AI Too
Can't-miss innovations from the bleeding edge of science and tech It's not looking good for finance bros as another major banker has sung the praises of AI automating their profession. On Monday, CEO of JPMorgan Jamie Dimon said that the…
Alerus Financial Raises Dividend 4.8%
Alerus Financial raised its quarterly cash dividend 4.8% to 22 cents a share. The new dividend will be payable on July 10 to shareholders of record as of June 26, the Minneapolis-based bank said Friday. The new payout, equal to 88 cents a year…
IMF praises Hong Kong's resilient economic growth and financial system
The International Monetary Fund said on Friday it will publish a Staff Report shortly to elaborate on its assessment, commending Hong Kong's resilient economic growth and financial system, and reaffirming the city's position as an international…
First Carolina Financial Files for IPO
First Carolina Financial Services has filed to go public. The Raleigh, N.C., parent company of First Carolina Bank submitted a registration statement with the Securities and Exchange Commission seeking to list its shares under the ticker FCBM on…
Considering un-retirement? More older Americans are rejoining the workforce, often out of financial need.
Holly Morris Espy retired two years ago after more than 25 years as a reporter and anchor at WTTG in Washington, D.C. But the 55-year-old didn't really retire. “I graduated,” she told Yahoo Finance. Last year, Espy co-founded Moorlow…
Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
As pervasive fraud schemes continue to sweep across the U.S., a group that seeks to preserve economic freedoms at the state level says that former President Joe Biden 's policies were a main driver for the proliferation of the issue. OJ Oleka, CEO…
Cooking up financial stability - at home
The financial world is atwitter over public stock offerings expected to be issued soon by SpaceX, OpenAI, and other mega tech companies. “A welcome tribute to the U.S. capitalist system” is how The Wall Street Journal describes this…
Is Your Financial Present Threatening Your Financial Future?
Most people don't realize they have a financial blind spot until it they're paying the price for it. It might show up as a missed opportunity with an investment account, an unexpected tax bill, a hefty hospital bill following a health emergency or…
GOP State Treasurer Steers Contract To Allies In Christian Finance
by Lauren Windsor, Oklahoma Watch Oklahoma Treasurer Todd Russ has used the state investment pools he oversees against corporations engaging in climate change and diversity initiatives, purportedly to refocus their attention away from politics and…
Two Pizzas, 10,000 Bitcoin, and the Trade That Changed Finance
On May 22, 2010, a programmer sitting somewhere in Florida made what looked, at the time, like an unremarkable online transaction. Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas. The deal cost him roughly $41. Today, those same coins are worth…
Financial Authorities Prepare More Supply After 'Public Participation' Fund Sells Out in Minutes
Financial authorities are preparing for a second round of allocations for an investment product that offers tax benefits and partial loss coverage from state finances, after the initial launch sold out within minutes due to overwhelming demand.
EQ Inc. Reports First Quarter 2026 Financial Results and Annual General Meeting Results
31% Year Over Year Revenue Growth, New ClearLake Licenses, and Improving Margins Reflect Growing Platform Momentum EQ Inc. (TSXV:EQ.V) ('EQ Works' or the 'Company'), a leader in AI and data driven software and solutions that empowers brands to…
Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty
Japan's ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called the “Next-Generation AI/On-chain Financial Concept,” the plan outlines…
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