Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SBM Offshore completes US$465 million financing of FSO Chalchi
SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million. The project financing is provided by a consortium of international banks and institutional investors and includes partial insurance…
What Nike's Choice for CFO Says About Finance Hiring
This article is for subscribers only. Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, I take closer look at Nike's choice for CFO and talk to recruiters about Dave Denton's hire. We…
New Fed Chair Kevin Warsh Says There's a Huge Problem With Financial Markets Right Now. His Solution Could Be Bad News For Stock Investors
Kevin Warsh is already having a noticeable impact on the Federal Reserve. The FOMC held its first meeting since Warsh took the position of chairman earlier this month, and there were a few things worth noting. First, the statement released after…
From housing wealth to financial flexibility
Many of the pressures facing homeowners emerge during mid-life, when several financial demands often converge at once. Collison says these can include mortgage repayments, funding renovations, helping children into the property market, starting a…
FB Financial Corporation Stock's Asset Quality Shines Through (NYSE:FBK)
FB Financial Corporation earns a 'buy' rating due to strong balance sheet growth and recent merger-driven expansion. FBK's deposits and loans have risen materially, with manageable uninsured deposit exposure and diversified loan portfolio risks.
'Financial pandemic': £1 in every £11 spent on UK public contractors goes to private equity
One pound in every £11 of UK government spending on contractors went to private equity-controlled companies last year, research shows, including key services such as transport, waste management and healthcare. Politicians and economists have…
Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns
An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the…
The stocks tipped to rebound when the new financial year kicks off
Energy stocks and a rare earths mining company backed by Gina Rinehart are expected to rebound when the new financial year begins on Wednesday after facing heavy selling in June from peace talks in the Middle East that sent commodity prices…
Tokenization is becoming the financing layer for AI and robotics, Framework bets with $400 million fund
The biggest investment opportunities in blockchain may no longer be in crypto itself, but in how the technology can finance capital-intensive industries such as artificial intelligence (AI), robotics and energy. That's the thesis behind Framework…
BIS Warns AI Debt Bubble Could Spark Global Financial Crisis
The Bank for International Settlements has warned that artificial intelligence “exuberance” could have major financial consequences, as heavy reliance on debt financing in AI ventures raises the risk of cascading defaults if investor…
Google Caps Meta's Use of Gemini AI, Financial Times Reports
Google has placed limits on Meta Platforms Inc.' s use of its Gemini artificial intelligence models because it could not provide as much computing capacity as the social media company wanted, according to the Financial Times. In the latest sign of…
AI boom risks global financial crash, warn central bankers
London | Debt-fuelled spending on AI is driving up the risk of a global financial crisis, central bankers have warned. The Bank for International Settlements (BIS) said on Sunday (Monday AEST) that “excessive” spending on new AI data…
I Wouldn't Bet Against This Financial Stock in a Recession.
There's no question that a recession could be a problem for Progressive (PGR +4.05%). If that economic downturn led to a bear market, it would be an even heavier burden. However, neither a recession nor a bear market is likely to derail Progressive…
July horoscope will bring 'good fortune and financial success' to 1 star sign
Mercury retrograde began last month and will, unfortunately, be continuing well into July, and it won't be the only planet in retrograde, with three others joining Mercury throughout the month. Astrologer Inbaal Honigman says: 'In July of 2026…
Miles Bridges trade grades: Suns get financial relief at steep cost
The Charlotte Hornets continue to reshape their roster in lieu of LaMelo Ball, trading forward Miles Bridges to the Phoenix Suns in exchange for Grayson Allen, Royce O'Neale and an unprotected 2033 first-round pick. The Suns also receive a less…
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