Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
KB Kookmin Bank to lead $9.45 bil. AI infrastructure financing
KB Kookmin Bank has secured the lead arranger role in a 12.6 trillion won ($9.45 billion) project to build artificial intelligence (AI) computing infrastructure in Korea, the lender said Sunday. Led by Brookfield, one of the world's largest…
Here's what Trump has done to Americans' finances - the good, the bad and the ugly
With the midterms just days away, President Donald Trump is in a precarious position, in large part due to his impact on the average voter's wallet. While the Trump administration has taken some positive steps to help consumers' bottom line, the…
ISS backs Lee Jae-keun's appointment as KB Financial chairman
Institutional Shareholder Services (ISS) has recommended that shareholders vote in favor of appointing Lee Jae-keun as chairman of KB Financial Group. In its voting recommendations report obtained by The Korea Times, Sunday, the world's largest…
Election pledges inflate Victoria's runaway health budget despite dire finances
Victoria's next government faces urgent pressure to curb runaway health spending to begin repairing the state's finances, even as both major parties unveil billions of dollars in health promises during an election-year splurge that economists have…
PIO financial journalist rings closing bell of LSE
A UK-based financial journalist became one of the first Indian-origin media professionals to ring the closing bell of the London Stock Exchange during a Diwali celebration at the iconic bourse. Shruti Tripathi Chopra, editor-in-chief of Financial…
Japan's Film Funds Look Beyond Production Committees to Build New Financing Models
Japan's production committee system, in which a group of companies jointly finance a film and share its rights, has helped spread risk across the industry. But it can also cap budgets at what the industry itself can raise, make it harder for…
The Financial Literacy Gap: Why Credit Unions Must Invest in the Next Generation
The credit union industry's sole focus is helping communities build wealth, plan, and navigate economic uncertainty. Yet, data from Forbes Finance Council shows 80% of U.S. adults report never receiving formal financial education in school, and 88%…
Baywatch' star Nicole Eggert exposes financial toll of cancer battle: 'The bills don't stop
Nicole Eggert admitted that finances are a neglected conversation when it comes to fighting cancer. Eggert, 54, was diagnosed with stage 2 cribriform carcinoma breast cancer in December 2023. Two years later, the actress revealed her cancer status…
GBank Financial Holdings Stock: Tough Quarter Necessitates A Downgrade (NASDAQ:GBFH)
GBank Financial Holdings (GBFH) is downgraded to a 'sell' due to weak financial results, declining profitability, and elevated non-performing assets. GBFH's Q3 revenue and EPS missed analyst expectations, with net profits falling to $3.9M and…
A Helping Hand: How Gregory Ricks built a career guiding others through life's financial changes
Sometimes life changes unfold in small, measured moments. Other times, they arrive with hurricane force. Regardless of how quickly they come, these moments test the strength of a support system—and reveal how vital financial guidance can be…
ServiceNow Finance Chief Urges Companies to Set Rules for AI Use
Amid investor debate over artificial intelligence's threat to enterprise software, ServiceNow President and CFO Gina Mastantuono said companies need clear policies for deploying the technology. In an interview, Mastantuono said, “Every…
Medallion Financial (MFIN) Q3 2026 Earnings Call Transcript
President and Chief Executive Officer - Andrew Murstein Executive Vice President and Chief Financial Officer - Anthony Cutrone President and CEO of Medallion Bank - Justin Haley Investor Relations - Ken Cooper Net Income -- $2.4 million, or $0.10…
Financial Strategy for Profitability and Growth
Growth creates complexity, and finance plays a critical role in helping organizations navigate it. As a business grows, the finance function often needs to evolve beyond reporting and control to become a more strategic resource for leadership. A…
As Reports Swirl Around Todd Chrisley's Money, He Has A Big Claim About Daughter Savannah's Finances
While it's been well over a year since Todd and Julie Chrisley were pardoned from their prison sentences, the couple continue to make headlines for legal reasons. It was most recently reported that the two reality TV stars still owed a considerable…
Wahoo CEO talks finances, artificial intelligence and the company's 'next big opportunity
Wahoo Fitness has returned to year on year growth following its recapitalisation in 2023, CEO Gareth Joyce has revealed. Speaking exclusively to Cyclingnews, Joyce opened up on a broad range of subjects, including why it took so long to update the…
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