Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Foreign workers take on bigger roles in Korea's financial industry
Oleg Smagin's workday in Seoul looks much like that of his Korean colleagues. The 31-year-old Russian national works as a senior manager in JB Financial Group's AX Strategy Division at its Seoul office in Yeouido, the heart of Korea's financial…
What Say You, Financial Markets?
Until recently I did the following such calculations ‘by hand,' but I recently realized that ChatGPT can reliably perform these calculations accurately and much more quickly than I can ‘by hand.' So I asked ChatGPT to compare the…
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. 0800 GMT – Elections on Sept. 13 pose a material risk for Swedish bank earnings, should the opposition party that is…
Why The Hardest AI Lever In Finance Has No Budget Line
Pankaj Prasoon is senior director of CFO systems at LinkedIn, leading finance technology and building AI fluency across finance teams. The hardest part of AI transformation isn't getting people to trust AI. It's getting great people to let…
UCLA has a seat on the Big Ten gravy train, so why are its finances such a mess?
When UCLA left the Pac-12 in 2024, the athletics department had a chance to parlay Big Ten cash into financial solvency. Instead, the affiliation change only exacerbated the department's deteriorating financial portfolio. Whether it was…
G20 finance chiefs - except China - back action on distorted trade
The Trump administration won backing from all Group of 20 financial leaders except China's on Tuesday to act against “non-market” policies and distortions that cause over-reliance on exports and hinder growth elsewhere. The finance…
Q&A: AI, identity verification, and financial security
There has been a growing role of artificial intelligence in identity verification, fraud prevention and digital trust. Experian's 2026 Identity & Fraud Report finds that while consumers increasingly use AI for activities such as shopping and online…
With the record signing of Bouaddi: Lille rewrite their financial history in the transfer market
Morocco's Ayoub Bouaddi has helped Lille bank a fortune from player sales in recent years. Bouaddi's move to Manchester City is the most expensive sale in the French club's history at 100 million euros. Since 2021, Lille have sold players worth…
Inside Arsenal's transfer window: Attacking plans unresolved, Berta in spotlight, financial situation
In the moments that followed Arsenal's Champions League final defeat against Paris Saint-Germain, Mikel Arteta laid out his manifesto for the summer. “We want to reach another level,” the emotional Arsenal manager told Europe's…
From Peru to Columbia: Marialexandra Horna Arrieta's Path to Climate Finance
Marialexandra Horna Arrieta's family hails from a small mountain town in the Peruvian Andes called Tarma, nicknamed the “city of flowers” for its natural beauty. Growing up in one of the most biodiverse countries in the world, Horna…
Truist Financial Corp. stock outperforms competitors on strong trading day
Shares of Truist Financial Corp. TFC rallied 2.77% to $50.81 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.46% to 7,666.60 and the Dow Jones Industrial Average DJIA…
Raymond James Financial Inc. stock outperforms competitors on strong trading day
Shares of Raymond James Financial Inc. RJF rallied 1.41% to $175.95 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.46% to 7,666.60 and the Dow Jones Industrial…
China dissents as Bessent says 19 finance ministers agree to address 'cheap exports
ASHEVILLE, N.C. (AP) — Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 agreed to address streams of 'cheap exports' that cause global economic imbalances, but China dissented. Bessent said that getting even 19…
PNC Financial Services Group Inc. stock outperforms competitors on strong trading day
Shares of PNC Financial Services Group Inc. PNC advanced 2.09% to $242.46 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.46% to 7,666.60 and the Dow Jones Industrial…
Finance minister nominee names inflation control top mission
Lee Hyoung-il, nominee for deputy prime minister and minister of finance and economy, vowed to make price stability a top priority Wednesday, calling grocery prices a key gauge of the economic team's performance. “Price stability is the…
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