Financial Industry News
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The Bank of Lithuania's Financial Market Supervision Committee has granted Modestas Sutkaitis permission to serve as a member of the Management Board of UAB Urbo bankas
UAB Urbo bankas (hereinafter – the Bank), juridinio asmens kodas 112027077, adresas: Konstitucijos pr. 18B, Vilnius. Following the Bank's application for permission for Modestas Sutkaitis to serve as a member of the Management Board of the…
Financials Down Amid Bond Volatility -- Financials Roundup
Shares of banks and other financial institutions fell amid volatility in bond markets. The yield on the 30-year Treasury bond fell by the largest increment since 2025 after the Treasury Department unveiled a plan to increase the size of bond…
Bajaj Finance falls Wednesday, underperforms market
Bajaj Finance Ltd. 500034 shares slipped 1.31% to 1,078.60 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index 1 falling 0.42% to 76,909.68. Bajaj Finance Ltd. closed…
Interim Financial Report H1 2026
In connection with the publication of Jyske Bank's Interim Financial Report H1 2026, Lars Mørch, CEO and Member of the Executive Board states: “Jyske Bank has delivered its highest-ever Q2 earnings per share. We maintained our leading…
South Korean financial sector uneasy over relocation plans
Aug. 18 (Asia Today) -- Concern over South Korea's plans to relocate government and public institutions outside Seoul is spreading across the country's financial industry amid speculation that financial regulators and other institutions could also…
How Do Creators Can Create Financial Stability?
How Creators Are Balancing Financial Stability And Creative Freedom The creator economy increasingly looks like a small-business economy, creating a new challenge along the financial path it is opening for creators: The demands of sustaining a…
Beyond the casino: Macau bets on modern finance, fintech in new five-year plan
Macau has unveiled a sweeping five-year strategic blueprint to break its long-standing dependence on casino revenues by pivoting towards modern financial services, digital currency adoption and deeper economic integration with mainland China. Under…
Chemung Financial Raises Dividend by 6%
Chemung Financial is raising its dividend by two cents to 36 cents a share. The parent company for community bank Chemung Canal Trust said its board has approved of the 6% increase. The board has now increased the payout by five cents a share since…
Alvotech Announces Financial Results for the First Half of 2026 and Provides a Business Update
REYKJAVIK, ICELAND (August 19, 2026) — Alvotech (NASDAQ: ALVO; ALVO-SDB) (“Alvotech” or the “Company”), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for…
Nvidia's new financial strategy does not compute
Only the British fleet stands before him I see it is once again time to talk financial innovation. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are all working with Nvidia to put together $500 billion in financing to turn…
Blue Owl Technology Finance: The Turnaround Is Coming (NYSE:OTF)
Blue Owl Technology Finance Corp. trades at a deep discount to NAV after a 25% stock price drop in just 1 year. OTF's portfolio targets upper middle-market tech companies with mission-critical, sticky products, mitigating AI disruption risks…
Keeping the human in the finance loop
Claire van der Merwe: Practice Head for Dynamics 365 Business Central Consulting at Braintree. As of April 2026, Microsoft production deployment for wave one for Dynamics Business Central started within production environments and made available to…
Finance Minister: S. Korea, US Discussing Investment Projects; US Keen on Energy
Finance Minister Koo Yun-cheol says the U.S. has shown keen interest in the area of energy in discussions with South Korea on Seoul's 350 billion dollar investment plan for U.S. industries. Koo made the remark during a luncheon held at the American…
Monzo down LIVE: Banking app down as customers 'can't transfer money' | Personal Finance | Finance
The Monzo banking app has gone down, with thousands of customers reprting issues. The latest data from Downdetector shows nearly 3,000 reports regarding issues as of 12.51pm. A Monzo spokesperson told The Express: “We're currently…
An economist who studies financial crises says the US is on the brink of recession: 2 warning signs
A professor who has spent years studying financial crises thinks the US economy is on the verge of trouble. Tuomas Malinen, an economist who specializes in geopolitics and and financial crises, is laying out a grim outlook for the US. In a post on…
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