Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
South Korea's financial industry hit by fresh wave of cyberattacks
South Korea's financial institutions have been hit by another wave of cyberattacks, highlighting the growing risk of AI-driven hacking in Asia. The latest incidents affect brokerages Daishin Securities and Mirae Asset Global Investments, as well as…
Webinar Marketing For Financial Advisors: What Fills The Pipeline, Not The Room
Aaron Domino is Founder and President of Onimod Global, a performance digital marketing agency he launched in 2009. Advisors tend to think marketing is expensive. It is, but not where they think. Kitces Research puts the average cost of…
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. 0758 GMT – Adyen's third-quarter revenue beat expectations, but this is likely to be overshadowed by the Dutch…
Manulife Financial Corp. stock falls Wednesday, underperforms market
Shares of Manulife Financial Corp. MFC dropped 0.84% to C$62.67 Wednesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.26% to 36,265.09. Manulife…
Radian Names Kobell as Permanent Finance Chief
Radian Group has appointed Dan Kobell to be its permanent chief financial officer, elevating him from the interim position. Kobell was named interim CFO beginning in February, after joining the company in 2015. He will report to Chief Executive…
Sun Life Financial Inc. stock rises Wednesday, outperforms market
Shares of Sun Life Financial Inc. SLF inched 0.67% higher to C$113.18 Wednesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.26% to 36,265.09. Sun Life…
Bajaj Finance advances Wednesday, outperforms market
Shares of Bajaj Finance Ltd. 500034 inched up 0.47% to 917.25 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 0.48% to 73,246.03. Bajaj Finance Ltd. closed…
Financials Up After Mixed Earnings, Fed Hold -- Financials Roundup
Shares of banks and other financial institutions rose after a mixed round of earnings and the Federal Reserve decision to hold interest rates steady. Insurance brokerage Aon posted a higher third-quarter profit and revenue as demand for commercial…
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams
With Russia's invasion of Ukraine intensifying the strain on state finances, President Vladimir Putin is reaching for cash to fund his government and the war, squeezing tax revenue from an economy that's increasingly skewed toward the military…
Cincinnati Financial Corp. stock underperforms Wednesday when compared to competitors
Shares of Cincinnati Financial Corp. CINF slipped 1.11% to $179.39 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.28% to 7,743.98 and the Dow Jones Industrial…
Skydance Sets Finance Leadership Team Following Paramount-Warner Bros. Merger
Skydance Corp., the new company formed from David Ellison's massive Paramount-Warner Bros. Discovery merger, has established the leadership team overseeing financial operations across the business. Ellison and Ynon Kreiz, co-CEO of Skydance…
As war strains Kremlin finances, Putin reaches into more pockets in search of new revenue streams
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Google's Flashy New Model Gets Outshone By Its Financial Troubles
Google's free cash flow continued tanking in its third quarter of the year. The tech giant had reported its first negative free cash flow figure as a public company back in July in its second quarter earnings, when it came in at negative $5.9…
Demand Solves AI's Financing Problem; But Inflation Derails It (SPY)
Anthropic's S-1 demonstrates robust AI demand, strong unit economics, and adjusted profitability, reinforcing the bullish AI investment thesis. Inflation remains the primary risk, threatening valuations and financing for neoclouds and smaller data…
Microsoft reveals strong cloud growth amid financial reporting overhaul
Windows and Xbox revenues have declined during Microsoft's first quarter of the 2027 financial year. Windows and Xbox revenues have declined during Microsoft's first quarter of the 2027 financial year. Image: Cath Virginia / The Verge Tom Warren is…
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