Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Finance Minister Aurangzeb arrives in US on 3-day visit, expected to hold talks on trade, finance, investment
WASHINGTON: Finance Minister Muhammad Aurangzeb arrived in Washington on Saturday evening for a three-day visit during which he is expected to hold talks with US officials on trade, finance and investment. Pakistan and the United States will resume…
Fun, fitness and finances raised during Run Melbourne
Despite sleeping through her alarm before rushing to brave a crisp 6.30am winter start time, 16-year-old Tess Baird found running a half-marathon easy compared with her previous challenges. Baird was first diagnosed with leukaemia when she was six…
Standard Bank ordered to compensate woman R5,000 for unfair treatment in car finance dispute
Standard Bank to compensate woman R5,000 for unfair car finance treatment. Standard Bank has been ordered to pay a complainant R5,000 in compensation after the National Financial Ombud (NFO) found that the bank's conduct caused inconvenience…
A financially independent millennial shares 2 'golden rules' of real estate that helped him build wealth
Real estate played a major role in Cody Berman's path to financial independence. The ' Retire by 30 ' author started with a house hack, a strategy that involves renting out part of your home to offset or eliminate your housing costs. 'I think house…
Beacon Financial: Q2 Earnings Preview, With Shares Still Cheap (NYSE:BBT)
Beacon Financial trades near book value but below peer P/B multiples as investors await proof that its post-merger operating performance can hold. BBT posted a Q1 2026 operating ROE of 8.85%, an operating ROA of 1.01%, and a net interest margin of…
India probe into stolen donations tests trust in temple finances
Police launched an investigation in June and arrested eight people responsible for handling donations at the revered Hindu shrine in the northern city of Ayodhya. Authorities have not disclosed the amount allegedly stolen, but media reports say it…
Tokenization has become a strategic priority for 84% of financial firms
Tokenization has become a strategic priority for much of Wall Street, with 84% of financial institutions saying the technology is important to their business, according to a new survey from financial technology provider Broadridge. The survey of…
India probe into stolen donations tests trust in temple finances
NEW DELHI: A probe into donations allegedly siphoned off at India's grand Ram temple has renewed scrutiny of how religious sites manage vast amounts of cash and gold entrusted to them by devotees. Police launched an investigation in June and…
Storm clouds gather over America's financial supremacy PRINT ONLY
Last month Jamieson Greer, America's top trade official, complained that Pix, a Brazilian instant-payments system, unfairly disadvantages American firms such as Visa and Mastercard. America proposed an additional 25 per cent tariff on Brazil in…
Financier Funding US World Cup Soccer Coach Wants Him to Return
As US soccer coach Mauricio Pochettino mulls a new contract offer, at least one of the financial backers responsible for funding his salary is eager for him to stay on. “I think he's the best coach we've ever had for a men's national team. I…
Man who predicted 2008 financial crash and The Big Short's Michael Burry share same devastating prediction
It's been a rollercoaster few years to say the least, but worse could be on the way if Robert Peston and Michael Burry are both correct. Peston is a political editor at ITV News, while Burry is best known for Christian Bale portraying him in The…
Chart Industries, Inc. $GTLS Shares Bought by Principal Financial Group Inc.
Principal Financial Group Inc. grew its position in shares of Chart Industries, Inc. (NYSE:GTLS - Free Report) by 12.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The…
Powell Industries, Inc. $POWL Shares Acquired by Principal Financial Group Inc.
Principal Financial Group Inc. boosted its stake in Powell Industries, Inc. (NASDAQ:POWL - Free Report) by 44.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 65,051 shares of the industrial products…
Does The AI Industry Need Its Own FINRA?
The Trump administration is weighing a new AI oversight body modeled on FINRA, the private regulator that polices the brokerage industry. Bloomberg reported last week that the Trump administration is weighing the creation of an independent body to…
Molina Healthcare: The Market Has The Story Backwards (NYSE:MOH)
Molina Healthcare is rated Hold as its stock fully prices in a 2027 recovery, with no clear upside or downside at $225. Headline earnings deterioration is driven by non-recurring charges and membership losses, not by underlying cost inflation or…
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