Financial Industry News

A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

marketwatch.com - MarketWatch Automation - Manulife Financial Corp. stock falls Friday, underperforms market
Manulife Financial Corp. stock falls Friday, underperforms market
MarketWatch

Shares of Manulife Financial Corp. MFC slid 0.39% to C$53.20 Friday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.22% to 33,891.18. Manulife Financial Corp.

marketwatch.com - Financials Up as Private-Credit Worries Ease -- Financials Roundup
Financials Up as Private-Credit Worries Ease -- Financials Roundup
MarketWatch

Shares of banks and other financial institutions rose as private-credit fears continued to dissipate. Ares Management shares rose after the private-credit manager posted an in-flow of capital, raising a record $30 billion during the first quarter.

theguardian.com - Jenna Zaza - Less financial stability, smaller social safety nets: inside the gen Z investing boom
Less financial stability, smaller social safety nets: inside the gen Z investing boom
The Guardian

Ambrico Ranginui first heard of cryptocurrencies when he was 12 years old. By the time he was 16, he had saved enough from birthday gifts and his allowance to invest. “Growing up in a single mum household, it made me quite a determined…

cnbc.com - Tobias Burns - Private credit turns to financial alchemy as an antidote to 'peak anxiety
Private credit turns to financial alchemy as an antidote to 'peak anxiety
CNBC

Ghosts of the 2008 financial crisis are haunting Wall Street as private equity firms are pooling and repackaging troubled corporate debt in a bid to raise liquidity. Redemptions from private credit funds have been spiking on fears of potentially…

marketwatch.com - MarketWatch Automation - Regions Financial Corp. stock underperforms Friday when compared to competitors
Regions Financial Corp. stock underperforms Friday when compared to competitors
MarketWatch

Shares of Regions Financial Corp. RF slid 1.26% to $28.19 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.29% to 7,230.12 and the Dow Jones Industrial Average DJIA falling…

mirror.co.uk - Tim Hanlon - Major airline shuts and cancels all flights after plunging into financial chaos
Major airline shuts and cancels all flights after plunging into financial chaos
The Mirror

A major airline has closed down and cancelled all flights after plunging into financial difficulty. Spirit Airlines, an ultra-low cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000 people…

marketwatch.com - MarketWatch Automation - MFA Financial Inc. stock outperforms competitors on strong trading day
MFA Financial Inc. stock outperforms competitors on strong trading day
MarketWatch

Shares of MFA Financial Inc. MFA rallied 1.37% to $10.39 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.89% to 25,114.44 and the Dow Jones Industrial Average DJIA…

nbcnews.com - Billionaire Illinois Gov. JB Pritzker would not fully self-finance a 2028 run
Billionaire Illinois Gov. JB Pritzker would not fully self-finance a 2028 run
NBC News

Illinois Gov. JB Pritzker may be a billionaire, but should the Democrat run for president in 2028, he would not fully bankroll the bid, NBC News has learned. Two people involved in discussions around Pritzker strategy said while the governor has…

federalreserve.gov - Speech by Vice Chair for Supervision Bowman on artificial intelligence in the financial system
Speech by Vice Chair for Supervision Bowman on artificial intelligence in the financial system
The Fed

Good morning, it is a pleasure to join you today to discuss artificial intelligence (AI), and the critical role it plays in cybersecurity and risk management. This event is one of a series of roundtables convened by the Financial Stability…

thehindu.com - Pti - Finance Ministry notifies 100% FDI in insurance sector, amends FEMA Rules
Finance Ministry notifies 100% FDI in insurance sector, amends FEMA Rules
The Hindu

The Finance Ministry on Saturday (May 2, 2026) notified 100% foreign direct investment (FDI) in the insurance sector under the automatic route. While 100% foreign investment will be allowed in insurance companies and intermediaries, including…

ibtimes.co.in - IBT Business Desk - Bajaj Finance hikes FD rates for select senior citizen schemes
Bajaj Finance hikes FD rates for select senior citizen schemes
IBTimes India

Non-banking financial company Bajaj Finance has increased interest rates on its fixed deposit (FD) schemes, now offering returns of up to 7.75% for senior citizens. The revision, effective May 1, 2026, comes amid growing demand for fixed-income…

thehindu.com - Pti - Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA
Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA
The Hindu

The Finance Ministry has notified a decision to allow overseas companies with Chinese shareholding of up to 10% to invest in India under the automatic route under FEMA, according to a notification. In March, the Union Cabinet approved amendments in…

breitbart.com - Sean Moran - Scott Bessent: Financial Literacy Unlocks 'Opportunity for Every American'
Scott Bessent: Financial Literacy Unlocks 'Opportunity for Every American'
Breitbart

Treasury Secretary Scott Bessent capped off financial literacy month on April 30, saying that financial literacy unlocks “opportunity for every American.” “We live in the greatest country on earth, and Financial Literacy is…

seekingalpha.com - SA Transcripts - BayFirst Financial Corp. (BAFN) Q1 2026 Earnings Call Transcript
BayFirst Financial Corp. (BAFN) Q1 2026 Earnings Call Transcript
Seeking Alpha

BayFirst Financial Corp. (BAFN) Q1 2026 Earnings Call May 1, 2026 9:00 AM EDT Scott McKim - Executive VP & CFO Robin Oliver - President, COO & Director Ross Haberman - Rlh Investments, LLC Good morning, ladies and gentlemen, and welcome to BayFirst…

fool.com - Joel O'Leary - Best Financial Advisors This Month, May 2026: Top Picks to Help You Finish the Year Strong
Best Financial Advisors This Month, May 2026: Top Picks to Help You Finish the Year Strong
The Motley Fool

The best time to find a great financial advisor was six months ago. The second best time is right now. Whether you're starting fresh or ready to level up your current investing situation, this month's picks have you covered. We update this list…

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