Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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. 0849 GMT – Swiss Re's profit guidance for next year could disappoint, as it seems soft, JPMorgan analysts write in a…
Bajaj Finance rises Friday, outperforms market
Bajaj Finance Ltd. 500034 shares rose 1.89% to 1,048.45 Indian rupees Friday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.52% to 85,712.37. Bajaj Finance Ltd. closed 4.90%…
Why Financial Mindfulness Should Be A Core Part Of Wealth Management
Aaron Cirksena is the founder and CEO of MDRN Capital. Procrastination is common when it comes to financial planning. In fact, starting too late in life is one of the top regrets people voice when it comes to retirement planning. Even after people…
Africa Turns To Bitcoin For Real Financial Solutions
Illustration, a Bitcoin logo. Photo Illustration by Omar Marques SOPA Images/LightRocket via Getty Images The African Bitcoin Conference in Mauritius began with an undeniable truth. For generations Africa has been boxed out, priced out and pushed…
Abu Dhabi: the financial bridge between Asia and the Middle East
As the capital of the United Arab Emirates (UAE) prepares to host the fourth edition of Abu Dhabi Finance Week (ADFW) in December, ADGM – the city's international financial centre and economic free zone, formerly known as Abu Dhabi Global…
EU unveils financial 'super regulator' plan
BRUSSELS: The European Commission unveiled on Thursday plans for a beefed-up “super-regulator” as part of an effort to unify financial markets in the hope of gaining autonomy from the United States. Under the proposal the…
SBP financed over 20,000 women-led businesses in 2024
RAWALPINDI: State Bank-led initiatives resulted in more than 50 outreach sessions reaching over 1,500 women entrepreneurs and the disbursement of Rs24 billion in financing to over 20,000 women-led businesses in 2024, it was said. In addition, over…
Finance Minister Highlights AI And Semiconductor Strategy In Meeting with Fitch Analysts
Deputy Prime Minister and Finance Minister Koo Yoon-cheol told Fitch Ratings' annual consultation team on Thursday that South Korea is strengthening cooperation with economic players to boost its competitiveness in industries such as artificial…
How Finance Teams Can Make Sense Of Generative AI Costs
Michael Wu is GM and President of Phison Technology Inc. (USA), a leading provider of NAND controllers and NAND storage solutions. Enterprises have embraced generative AI (GenAI) faster than any prior technology wave. According to McKinsey…
UK Should Go for Bolder Revamp of Finance Rules, Lady Mayor Says
The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the City of London's new Lady Mayor. “The trouble with incremental change, especially in a fast-paced world, is that…
Hearts 'comfortable' with finances as Ann Budge stands down as chair
Heart of Midlothian decided to 'invest heavily' in their squad this summer to reap early rewards from Tony Bloom's investment and have no fears about long-term finances as Ann Budge stands down as club chair, according to chief executive Andrew…
Lukoil's US Arm Turns to Tiny Banks as Sanctions Roil Financing
Lukoil North America, the US arm of sanctioned Russian oil giant Lukoil PJSC, is relying on two small New Jersey banks to keep its gas stations afloat after losing financing. The company is now working with OceanFirst Bank NA and Parke Bancorp to…
Pope Leo reverses one of Francis's final acts amid financial crisis
Pope Leo has dissolved a high-level Catholic commission, established by his predecessor Francis to encourage Vatican donations, rolling back one of the late pontiff's final decisions. The 'Commission on Donations for the Holy See' was instituted by…
Synchrony Financial stock outperforms competitors on strong trading day
Shares of Synchrony Financial SYF advanced 1.58% to $80.40 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.11% to 6,857.12 and the Dow Jones Industrial Average DJIA…
Financial fluency in the cradle
A global survey two years ago found that 84% of people understood the definition of inflation. Only 42%, or half as many, understood compound interest, or the accumulated earnings from interest on savings and investments. This month, the United…
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