Financial Industry News
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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. 0658 GMT – Barclays is undervalued as the bank's stock has fallen 6.2% over the past month and hasn't recovered from a…
Five things to know from G20 finance summit
Treasury Secretary Scott Bessent hosted economic officials from around the world in Asheville, N.C., this week, seeking to rally support for the Trump administration's financial agenda regarding Iran and China. During the Group of 20 (G20) finance…
G20 finance leaders close talks marked by US welcoming Russia
G20 finance leaders closed their two-day gathering on Tuesday with a statement that all but China backed in full, as Washington insisted that the presence of a Russian minister had no effect on talks. SCROLL TO CONTINUE WITH CONTENT US Treasury…
Macroscope | Asia is not on the edge of a new 1997-style financial crisis
Doom-mongering pervades financial markets, especially these days when there are mounting concerns about a rise in interest rates and an artificial intelligence-fuelled bubble in stock markets. The alarmism invariably stems from attempts by…
Why The Hardest AI Lever In Finance Has No Budget Line
Pankaj Prasoon is senior director of CFO systems at LinkedIn, leading finance technology and building AI fluency across finance teams. The hardest part of AI transformation isn't getting people to trust AI. It's getting great people to let…
Hong Kong's Digital Asset Moment: Forthright Securities on What Bitcoin Asia Signals for Licensed Finance
The scale of the opportunity is sizeable. According to the Securities and Futures Commission's Asset and Wealth Management Activities Survey 2025, Hong Kong's asset and wealth management business reached HK$42.2 trillion (~US$5.4 trillion). A…
Kepco Seeks Billions from Samsung, SK Hynix to Finance Grid
State utility Korea Electric Power Corp. is in talks with tech giants Samsung Electronics Co. and SK Hynix Inc. to secure a multi-billion dollar prepayment in order to finance the construction of power grids for new semiconductor clusters. Korea…
Movie Marketing and Publicity Expert Rob Deacon Sets Up Phoenix Film Finance (EXCLUSIVE)
Movie marketing and publicity specialist Rob Deacon has set up Phoenix Film Finance to leverage his expertise in the industry to make an impact on the independent production scene. Phoenix will seek to support British independent film production…
Financial union to go on strike Friday as planned over relocation plan
Unionized workers affiliated with the country's umbrella labor union will go on strike Friday to oppose the government's plans to relocate policy lenders and other public financial organizations from Seoul to provincial areas. The Korea Financial…
Moody's head of sustainable finance: Asia is embracing a 'pragmatic transition' on energy
An “erosion of multilateralism” is changing Asia's push for sustainability, as countries pursue individual goals of energy security and supply chain resilience instead of “virtue signalling,” says Rahul Ghosh, global…
Microsoft discloses Azure revenue as part of major financial reporting changes
Xbox and Windows are now part of a new Devices and Consumer segment. Xbox and Windows are now part of a new Devices and Consumer segment. Image: Cath Virginia / The Verge Tom Warren is a senior correspondent and author of Notepad, who has been…
Q&A: AI, identity verification, and financial security
There has been a growing role of artificial intelligence in identity verification, fraud prevention and digital trust. Experian's 2026 Identity & Fraud Report finds that while consumers increasingly use AI for activities such as shopping and online…
Microsoft reveals Azure cloud sales in financial reporting shift
Microsoft on Wednesday reported sales from its Azure cloud computing unit on a quarterly basis for the first time, providing a direct comparison to its top rivals Amazon.com and Alphabet's Google as the three compete in the computing market amid an…
BRP Announces Planned Financial Leadership Transition
'On behalf of BRP and our Board of Directors, I would like to sincerely thank Sébastien for his unwavering commitment and outstanding contributions over his 20+ years at BRP. His leadership, strategic vision, and financial discipline truly…
Mainland Chinese investors buy Hong Kong AI stocks, sell financials
Chinese mainland investors rotated into Hong Kong stocks tied to artificial intelligence and pulled out of companies in traditional industries in August, taking advantage of a market dip to boost bets on the world's most cutting-edge technology. AI…
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