Financial Industry News

Bajaj Finance advances Thursday, outperforms market

Bajaj Finance Ltd. 500034 shares inched up 0.58% to 1,046.00 Indian rupees Thursday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.19% to 74,902.59. Bajaj Finance Ltd. closed…

Running the numbers on Trump's $5,000 dividend proposal, from its cost to the impact on average American's finances

President Donald Trump on Wednesday night floated the idea of a $5,000 dividend to every adult. Here are the numbers on what it would cost and the more complex analysis of what it mean for the economy. The cost is relatively straightforward.

The ICICI Bank case study: From industrial finance to digital banking

ICICI's journey is a classic case of institutional re-invention. ICICI was established as a developmental financial institution in 1955 and realised the change in the financial landscape with liberalisation and moved into consumer and commercial…

New Sheriff of 'Y'all Street' Beefs Up as Finance Heads to Texas

For generations, the most consequential Wall Street cases have tended to lead to the same place — the federal courthouse in Manhattan. The US Attorney's Office for the Southern District of New York, sometimes called the Sovereign District…

Korea showing clearer signs of economic recovery: finance minister

Korea is showing clearer signs of economic recovery, with its gross national income (GNI) per capita on course to exceed $40,000 this year, the finance minister said Thursday. Finance Minister Koo Yun-cheol made the remarks during a meeting of…

Datarails Launches Desk, the First Ticketing System Built for Finance Teams

The launch follows the company's recent $70 million Series C round and a string of new offerings extending FinanceOS across the CFO's Office, including Spend Control in February of this year, and the AI Transformation Package in August, which…

HSBC Chief Financial Officer to Leave in 2027

Women are driving one of Washington's most important bipartisan conversations on financial innovation

Opinions expressed by Digital Journal contributors are their own. At a time when Washington is better known for deadlock than problem-solving, one of the more practical bipartisan conversations in Congress is happening around financial innovation…

Consumers are growing worried about their personal finances and the job market

A New York Fed survey has found that consumers grew more worried in August about their personal financial situation and the job market. The survey looks at how consumers expect overall inflation and prices for food, gas housing and education to…

MFA Financial Inc. stock outperforms competitors despite losses on the day

Shares of MFA Financial Inc. MFA slipped 1.24% to $8.75 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.64% to 26,253.34 and Dow Jones Industrial Average DJIA…

Famous name in Scottish finance is enjoying a renaissance, but trouble looms

The deal looks to have turned out better than even its most enthusiastic supporters could perhaps have envisaged. Phoenix Group acquired the closed life and pensions business of Standard Life for £3.2 billion in 2018. It bought the book from…

BBC drops RuPaul's Drag Race UK due to 'significant financial pressures'

Sign up to our free weekly newsletter for exclusive competitions, offers and theatre ticket deals I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The BBC has dropped RuPaul's Drag Race UK…

A Prayer For Financial Breakthrough And Freedom

Books connect our company's digital roots with our love of traditional book publishing. Our books are designed as beloved art pieces. We publish work we love. Finding peace starts with surrendering our worries to the universe and trusting that…

Andy Burnham torn apart by top finance boss - 'is this any different to Rachel Reeves?'

Andy Burnham's strategy has been ripped apart A top finance boss has shredded Andy Burnham and John Healey's economic strategy. Nigel Green, CEO of global financial advisory firm deVere Group, suggested after the Chancellor spoke in Coventry on…

Councillors discuss latest overspend as council's finances examined

Solihull councillors have been told tough decisions will need to be made to avoid the council going effectively bankrupt as a latest £1.4m overspend went under the spotlight. The authority's finances has been a hot topic among councillors for…