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. 0318 GMT – Tidlor Holdings' loan growth should continue to be supported by Thailand 's cash handout scheme, UOB Kay…
The Calcutta Stock Exchange and the making of India's financial markets
For nearly a decade, Kolkata 's famous ‘ share market ' at Lyons Range has been known for almost everything — especially its food — except the stock exchange itself. Economic consultant Thomas A Timberg recalls making frequent…
Nigel Farage to make statement 'on future in public life' after finance row
Nigel Farage is facing various questions about his finances. The latest came at the weekend, when the Sunday Times accused him of not properly declaring support from George Cottrell - a long-time ally who was jailed for fraud in the US in 2017. The…
Farage will 'make a statement on future in public life' amid finances scrutiny
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Nigel Farage has said he will make a…
Nigel Farage quits as MP amid scrutiny over finances
Nigel Farage has announced he is to resign as the MP for Clacton to fight a byelection, after revealing he is under a second investigation by the parliamentary standards watchdog over undeclared gifts. In a high-stakes move, the Reform UK leader…
Don't rely on AI for personal finance advice, study finds
A new study in the Journal of Financial Planning found that artificial intelligence programs can provide inconsistent, inaccurate or biased recommendations when it comes to personal finance. Researchers prompted seven AI programs — ChatGPT…
Chris Mason: Farage attempts to seize back the agenda after finance row
Nigel Farage has long had a capacity for political theatre – and here he goes again. Having tantalised Westminster with a teasing social media post about his 'future in public life', he took to Reform's stage, in front of Reform's camera and…
Farage will 'make a statement on future in public life' amid finances scrutiny
Nigel Farage said he would make a statement “on my future in public life” later on Tuesday following a series of damaging articles about undeclared donations that raised questions about his probity. The Reform UK leader said on X that…
BOE Sees Heightened Threat to Financial Stability as Leverage in Equity Markets Rises
Increased borrowing by investors in equity markets has raised the risk of a sharp fall in prices that could threaten the stability of the financial system, the Bank of England warned Tuesday. In its twice-yearly report, the BOE's Financial Policy…
Nigel Farage about to make statement 'on future in public life' after row over financial support
It is unclear what Farage will say, and that is likely to be the case until he starts speaking. The context, though, is clear — months of scrutiny, which has intensified in recent days, about gifts and support he received in the year before…
Virtual Assets Regulatory Authority CEO: Finance's AI future moves at the speed of its slowest regulator
Most industries are passive recipients of artificial intelligence. Financial regulation is not. Regulators are both being transformed by AI and acting as the gatekeepers deciding how much of its gains reach the financial industry. That dual…
Why is Nigel Farage facing renewed scrutiny over his finances?
Nigel Farage has faced renewed scrutiny over his financial affairs in recent days. Since May, the Reform UK leader has been under investigation from Parliament's standards commissioner after not declaring a £5m gift he received from a…
BOE Lifts Veil on Private Financing of 520 British Companies
Alternative asset managers have given the Bank of England detailed information on their investments in 520 UK corporates with revenue of more than £230 billion ($308 billion), as part of the watchdog's probe into potential economic fallout…
High-spending online gamblers to face financial risk assessments
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Gambling Commission has confirmed proposals to…
LG AI Research, KOSCOM to launch AI-powered financial services
SEOUL, July 7 (UPI) -- South Korea's LG AI Research said Tuesday it joined with financial info-tech company KOSCOM to launch AI-powered services for the country's stock market. LG AI Research noted the firmt would combine its advanced AI technology…
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