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…
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…
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…
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…
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Hong Kong's financial revival: trading, tokenisation and governance in focus
Trading at scale: volume and simplification Naturally, as cross-border activity rises, operational demands across the market are increasing, too. “For the sell-side… there is an increase in volumes,” Kalis says, pointing to the…
Leaked financial docs show OpenAI is losing billions of dollars a year
As OpenAI files SEC paperwork ahead of an expected initial public stock offering, newly leaked financial documents show a company with quickly growing revenues that are currently being overwhelmed by even larger expenses. The audited financial…
CNN Taps Kyla Scanlon, a Financial Content Creator, as Analyst and Contributor
Kyla Scanlon doesn't have any formal background in business journalism but enough math tied to the creator economy adds up for her to have a new and potentially prominent role at CNN. The Warner Bros. Discovery-backed outlet named Scanlon, a former…
Financials lift FTSE 100 as oil heads below 80 dollars
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. The FTSE 100 made strong progress on Tuesday as oil fell…
Coinbase introduces AI advisor, stock options and pre-IPO markets in finance push
Coinbase is rolling out a broad suite of products spanning stocks, crypto derivatives, artificial intelligence tools and consumer finance as it pursues its ambition to become an “everything exchange.” The company is expanding into…
Iran Set to Reap Financial Windfall in US Peace Deal
Good morning. Iran is set for a big payday under the US peace deal. Beijing is stepping up its aid game as Washington retreats. And prediction markets are exposing a global rift in World Cup wagering. Listen to the day's top stories. Iran's peace…
Watch Financial Details Emerge as US, Iran Prepare for Signing
Financial Details Emerge as US, Iran Prepare for Signing The US and Iran are preparing to formally sign an interim peace deal, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz.
Auditors warn Don't Nod will run out of cash by November if it is unable to secure financing
French game developer Don't Nod could run out of money by November if it is unable to secure further financing. That's according to the company's auditor, who wrote in a report – spotted by journalist Guathier Andres – that the chair…
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