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. 0754 GMT – There are a growing number of reasons to be positive on Liontrust, Berenberg says in a research note after…
Japan finance minister to discuss Mythos threat with banks
Finance Minister Satsuki Katayama plans to meet with leaders from the country's biggest banks and other financial institutions to discuss Anthropic's latest AI model Mythos as early as this week, people familiar with the matter said. Katayama is…
Inside The Convoluted Finances Of Kevin Warsh
Kevin Warsh (center), President Donald Trump's nominee for Chair of the Federal Reserve, and his wife Jane Lauder (left) greeting Senate Committee on Banking, Housing, and Urban Affairs Chairman Senator Tim Scott at Warsh's confirmation hearing on…
Bajaj Finance falls Wednesday, still outperforms market
Bajaj Finance Ltd. 500034 shares inched down 0.49% to 934.80 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 0.95% to 78,516.49. Bajaj Finance Ltd. closed…
Cango Names Simon Ming Yeung Tang Finance Chief
Cango said it appointed Simon Ming Yeung Tang as chief financial officer and director, effective immediately. The bitcoin mining company on Wednesday said that Chang-Wei Chiu and Yongyi Zhang resigned from their respective positions as director and…
Car finance compensation scheme faces challenge and delay
A consumer group is planning a legal challenge to a scheme designed to compensate millions of drivers who were mis-sold motor finance agreements. Consumer Voice said the City regulator's scheme, which is expected to cost lenders a total of…
Industrial Logistics Properties Trust Shares Climb on $1.62B Financing for Joint Venture
Shares were up 16.7% to $7.35 as of midday Wednesday. The stock is up 33% year to date. The real estate investment trust said the five-year, interest-only fixed rate mortgage financing would be secured by 90 industrial properties. The proceeds from…
Car finance compensation scheme faces challenge and delay
Kevin PeacheyCost of living correspondent A consumer group is planning a legal challenge to a scheme designed to compensate millions of drivers who were mis-sold motor finance agreements. Consumer Voice said the City regulator's scheme, which is…
AI Is Becoming The Operating System For Financial Life. We Need To Build It Right.
Photo Illustration by Nikolas Kokovlis/NurPhoto via Getty Images Something big is happening in finance. We are moving from a world where AI-powered tools are helping people manage their money to one where bots will be operating it for them.
HKMA and HKAB launch task force for Hong Kong's Northern Metropolis financing
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on Wednesday the joint establishment of the Northern Metropolis Financial Advisory Taskforce, which will explore financing solutions for the development…
Brits can easily check car finance agreements to see if they're owed £1846.23*
Brits can find out if they might be due compensation for their car finance agreements, after an investigation by the Financial Conduct Authority (FCA) found that some car finance agreements sold between April 2007 and November 2024 may be…
HKMA and HKAB establish Northern Metropolis Financial Advisory Taskforce
The Hong Kong Monetary Authority and the Hong Kong Association of Banks announced on Wednesday the joint establishment of the Northern Metropolis Financial Advisory Taskforce, which will explore financing solutions that support the development of…
Financials Down on Middle East Trepidation -- Financials Roundup
Shares of banks and other financial institutions ticked down amid trepidation about the outlook for the Middle East conflict and interest rates. Northern Trust's first-quarter net income rose as client inflows and strength in stock, bond and…
City watchdog faces legal action over £9.1bn car finance compensation scheme
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. A consumer group is preparing a legal challenge against…
AI will reshape financial markets with real-time risk monitoring, says SBI chairman CS Setty
Artificial intelligence will play a central role in transforming financial market infrastructure by strengthening risk management, improving operational efficiency and enabling real-time market surveillance, State Bank of India chairman CS Setty…
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