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. 0727 GMT – The recent re-escalation of the Middle East conflict could transform the energy supply disruption from a…
Manulife Financial Corp. stock rises Friday, outperforms market
Shares of Manulife Financial Corp. MFC rallied 1.43% to C$61.56 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.50% to 35,369.10. Manulife Financial Corp.
Packers report $453.2 million in revenue from NFL in unique financial disclosure
GREEN BAY, Wis. — The Green Bay Packers received $453.2 million from the NFL in the most recent fiscal year as part of the league's national revenue-sharing model, team president Ed Policy told reporters Friday. Extrapolated to 32 teams…
What Is A K-Shaped Economy And How It Can Affect Your Financial Future
Man with laptop checks bills and calculates expenses while sitting at table. In a K-shaped economy, people in the lower economic portion who depend on wages, not on investments, are more vulnerable to conditions. No matter where you stand in the…
The Finance Automation Problem Nobody Is Talking About
Finance automation is delivering on efficiency for most companies, but what it isn't delivering is control. When automation expands across regions, business units and systems without clear enterprise-level ownership, it amplifies whatever…
Flexible Finance applies for Utah-chartered industrial bank
Fintech Flexible Finance on Friday said it has applied to the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to charter Flex Bank. The proposed Salt Lake City-headquartered bank will operate nationally…
Japan Banks With Shipping Finance Expertise Are Latest to Merge
A proposed merger between Iyogin Holdings Inc. and Ehime Bank Ltd. adds to a series of recent M&A activity between Japanese regional lenders as an aging and shrinking population weighs on their business. The two lenders based on the island of…
Vir Biotechnology Financial Chief to Depart
Vir Biotechnology said its chief financial officer is leaving the company to pursue another opportunity. The biopharmaceutical company said Friday that Jason O'Byrne will remain in the C-suite through Aug. 3 to ensure a smooth transition. Vir has…
Community Capital: An Overlooked Force Behind Financial Confidence
Jo Christine Miles, Director, Principal Foundation and Community Relations, Principal Financial Group. Americans have more access to financial information than ever before. A quick search can surface budgeting tips, retirement calculators…
Tompkins Financial Raises Quarterly Dividend by 4.5%
Tompkins Financial's board has raised the banking and financial-services company's quarterly dividend by 4.5%, to 70 cents from 67 cents. The new payout, equal to $2.80 a year, represents an annual yield of about 3.02% based on Thursday's closing…
Raymond James Financial Inc. stock outperforms competitors on strong trading day
Shares of Raymond James Financial Inc. RJF advanced 1.90% to $169.30 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.05% to 7,411.98 and the Dow Jones Industrial Average…
Japan ready to take decisive action on forex, finance minister says
Japan's Finance Minister Satsuki Katayama reiterated on Friday the government's readiness to take action in the foreign exchange market, repeating the same language she has used all week as the yen hit a fresh 40-year low close to 164 per dollar.
Cincinnati Financial Corp. stock outperforms competitors on strong trading day
Shares of Cincinnati Financial Corp. CINF advanced 1.91% to $182.81 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.05% to 7,411.98 and the Dow Jones Industrial Average DJIA…
Packers CEO says financial bump needed to stay competitive
Green Bay Packers president/CEO Ed Policy says adjustments may be necessary as the NFL's only publicly owned franchise attempts to remain financially competitive in the long term. 'It's like other teams have access to this ATM machine that we just…
Colorado Secretary of State's Office finds Republican Gubernatorial nominee Victor Marx broke campaign finance law
The Colorado Secretary of State's Office says the Republican gubernatorial nominee Victor Marx's campaign received nearly 200 illegal campaign contributions during the primary election. Campaign finance law caps individual donations at $1,450 to…
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