Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Sibos Wrap-Up Examines AI Agents' Role in Financial Market Services
A Day 2 Sibos wrap-up discussion brought together Chainlink co-founder Sergey Nazarov, J.P. Morgan's Sam Cauvain-Welsh and GLEIF's Alexandre Kech. They discussed what AI agents acting as market participants could mean for custody and asset…
Nvidia's role as AI financier faces first big test as neoclouds take market hit
As Nvidia has transitioned from chipmaker to industry financier, some investors see the company taking on outsized risk tied to the AI buildout. Those concerns are showing up in the market with shares of neoclouds tanking and bond yields rising.
Lenders Are Mystified by Virgin Media's Vendor Financing Notes
This article is for subscribers only. Welcome to The Brink. It's Libby Cherry, Edward Clark and Eleanor Duncan, and we've been reporting on Virgin Media's vendor financing notes, which divide opinion among lenders. We also have news on Optimum…
Yashar's Gadi Eisenkot reacts to Netanyahu's plan for alternative state financing
Yashar party chairman Gadi Eisenkot reacted to Prime Minister Benjamin Netanyahu's plan for Israel to make use of alternative financial mechanisms, releasing a campaign video on X/Twitter on Saturday in which the former IDF chief described the plan…
Ondo Finance Token Falls 4.33% to $0.4067 in Latest Data
At 4:30 p.m. ET (20:30 UTC) Saturday, live CoinGecko/exchange spot data showed Ondo Finance (ONDO) at $0.4067, down 4.33% in 24 hours as of 20:30 UTC, below an earlier Oct. 24 reading. A separate Oct. 24 snapshot put ONDO near $0.433, down 0.9%…
Vision Financial Markets LLC Purchases 31,600 Shares of Frontline PLC $FRO
Vision Financial Markets LLC acquired a new stake in shares of Frontline PLC (NYSE:FRO - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 31,600 shares of the shipping…
Earnings Scorecard: Financials log 80% EPS beat rate vs. revenue this week
Financial stocks outperformed the broader market this week as investors assessed third-quarter earnings across banks, insurers, consumer finance providers, and capital-markets firms. The Financial Select Sector SPDR Fund (XLF) gained 2.35% over the…
Forget the riots - France's downfall will come from its completely broken finances
The English say all bad ideas come from France, but that is unfair to the Germans. The scenes of riot and destruction from France may arise from our Gallic friends' particular circumstances and peculiar habits, but they reflect Europe's general…
WSFS Financial (WSFS) Q3 2026 Earnings Call Transcript
Chief Financial Officer - David Burg Chairman, President and Chief Executive Officer - Rodger Levenson Core EPS -- $1.75, representing 25% year-over-year growth compared to the third quarter of 2025. Core ROA -- 1.58%, up 10 basis points from the…
Money and fear: The financial lessons from iconic horror villains Ghostface, Samara, and Candyman
I was a card-carrying scaredy-cat through my childhood and early teen years, but the release of Wes Craven's 1996 film Scream single-handedly turned me from nervous Nellie to horror aficionado overnight. Watching Neve Campbell's Sidney Prescott…
X Finance Bull Sees Institutional Uses for Evernorth's XRP Plan
Evernorth's plan to put some of its XRP treasury to work has drawn a bullish response from crypto commentator X Finance Bull, who pointed to possible uses in institutional markets. The deployment remains conditional, and the company has not…
DeepSeek Financing Reaches 100 Billion Yuan After Fundraising Goal Rises
DeepSeek's fundraising target rose by 20 billion yuan before the round closed, bringing the financing to 100 billion yuan, or about $15 billion. The earlier 80 billion yuan amount referred to the goal before it was revised, not a separate…
Campaign financing is outrageous, out of control | Letter
Read all of our coverage of Maine's 2026 election or stay up to date with the latest developments through the Maine Political Report in your inbox or text messages from politics editor Kirby Wilson. I am appalled by the amount of money that is…
Truist Financial: Combination Of High-Yielding Preferreds And Common Stock Makes Sense
Truist Financial reported a Q3 EPS of $0.57, impacted by non-recurring portfolio rotation losses and a provision reversal. Normalized EPS, excluding non-recurring items, was $1.16, positioning TFC for approximately $4.75/share in annualized…
Chemung Financial: Strong Q3 2026 Results But Watch Out For Balance Sheet Constraints (NASDAQ:CHMG)
Chemung Financial Corporation is rated BUY, justified by above-sector EPS and ROE growth and strong 3Q26 results. CHMG's expansion in Western New York leverages semiconductor supply chain growth, supporting future commercial loan and deposit…
Receive a Daily briefing on Financial Industry News
Get Started