Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Andy Burnham is already terrifying financial markets with leadership election imminent
Burnham win could crash pound, experts warn Andy Burnham's spending plans could spook the markets and lead to a drop in the pound, experts warn. The Greater Manchester Mayor is expected to begin moves to become Prime Minister within days, should he…
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. 0813 GMT – Rathbones has scope for a multiyear journey of earnings growth and re-rating, RBC analysts Ben Bathurst and…
Sun Life Financial Inc. stock rises Tuesday, outperforms market
Shares of Sun Life Financial Inc. SLF rallied 1.42% to C$108.70 Tuesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.32% to 35,389.58. Sun Life Financial Inc.
Financials Up as Treasury Yields Retreat - Financials Roundup
Shares of banks and other financial institutions rose amid hopes that moderating energy inflation and Treasury yields would alleviate credit-market stress. The yield on the policy-sensitive two-year Treasury fell to the lowest level since May ahead…
Claret Capital Partners participates in €130m financing for Inventiva
Claret Capital Partners participates in €130m financing for Inventiva Inventiva is a clinical biopharmaceutical company developing an oral treatment for chronic liver disease, MASH Claret Capital Partners is providing growth funding of…
Shanghai to lead 'financial superpower' push as China unveils plan to boost yuan
Top Chinese financial regulators have vowed to accelerate Shanghai's transformation into a full-fledged global financial hub and encourage the yuan's overseas adoption, as Beijing seeks to tout China's stability amid volatility in the global…
U.S. set to offer Iran broad financial gains in peace deal
Iran is set to receive broad financial incentives as part of its agreement with the U.S., including the right to sell oil immediately, tap a $300 billion development fund and get eventual access to its frozen assets, according to a final draft of…
Africa's clean energy projects face financing barrier from credit rating rules
Billions of dollars have been pledged for Africa's clean energy transition, yet many renewable energy projects across the continent are still failing to get off the ground as countries struggle with soaring financing costs driven by a financial…
Shinhan launches AI-powered all-in-one finance app
Shinhan Financial Group introduced its new integrated financial platform, Shinhan Super SOL, on Wednesday as part of a broader strategy to unify services across its banking, card, securities and insurance affiliates. The group also unveiled an…
Mirae Asset joins with U.S.-based Ondo Finance for tokenized ETFs
June 16 (UPI) -- South Korea's Mirae Asset Global Investments said Tuesday that it has signed a memorandum of understanding with U.S.-based Ondo Finance to advance the ecosystem for tokenized exchange-traded funds, or ETFs. The Seoul-based asset…
Teenagers will not be financially independent until age of 26, survey suggests
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Parents of teenagers are typically expecting to support…
Leadership: The Real Differentiator In Insurance & Financial Services
Mike Vietri is Executive Vice President, Distribution, and Senior Advisor to the Office of the CEO for AmeriLife. Most organizations can offer competitive products. Most have modern tools. Most are experimenting with AI. Compensation structures…
Africa's clean energy projects face financing barrier from credit rating rules
Nairobi, KENYA (AP) — Billions of dollars have been pledged for Africa's clean energy transition, yet many renewable energy projects across the continent are still failing to get off the ground as countries struggle with soaring financing…
Gov't to review tax incentives for young workers at SMEs: finance minister
Korea will review measures to offer income tax cuts for young workers at small and medium-sized enterprises (SMEs) in line with efforts to revitalize regional economies, the finance minister said. 'We will review applying differentiated income tax…
Cincinnati Financial Corp. stock outperforms competitors on strong trading day
Shares of Cincinnati Financial Corp. CINF rose 1.45% to $171.79 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.64% to 51,999.67 and the S&P 500 Index SPX…
Receive a Daily briefing on Financial Industry News
Get Started