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. 0435 GMT – Australian wealth manager Netwealth remains on track to deliver solid full-year growth despite a volatile…
Bajaj Finance rises Friday, underperforms market
Shares of Bajaj Finance Ltd. 500034 inched up 0.26% to 908.70 Indian rupees Friday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.65% to 78,493.54. Bajaj Finance Ltd. closed…
Trading on prediction markets may be illegal in Hong Kong, Investor and Financial Education Council says
Trading activities on prediction markets in Hong Kong may constitute illegal gambling and is difficult or impossible to seek recourse if problems arise, Investor and Financial Education Council said. SCROLL TO CONTINUE WITH CONTENT The IFEC…
Finance Minister Urges Global Efforts to Stabilize Supply Chains at G20
Finance Minister Koo Yun-cheol has called on the international community to unite to strengthen global supply chains amid the ongoing crisis in the Middle East. The Ministry of Economy and Finance disclosed in a statement on Friday that Koo made…
Manulife Financial Corp. stock falls Thursday, underperforms market
Shares of Manulife Financial Corp. MFC shed 0.66% to C$52.98 Thursday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.30% to 34,052.23. Manulife Financial Corp.
Amerisafe Appoints Ramos as Finance Chief
Amerisafe appointed Guillermo Ramos as its next chief financial officer, effective May 7. Ramos joins the workers compensation insurance provider from Hiscox US, where he currently serves as head of finance strategy. He has also served as vice…
Watch Schwab Considering Prediction Markets Tied to Finance Events
Schwab Considering Prediction Markets Tied to Finance Events Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space. Schwab is…
Sun Life Financial Inc. stock rises Thursday, outperforms market
Shares of Sun Life Financial Inc. SLF inched 0.18% higher to C$94.06 Thursday, in what proved to be an otherwise all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.30% to 34,052.23. Sun Life…
Global Financial Watchdog to Share Insights on Anthropic's Mythos
The Financial Stability Board is gathering information from members about potential risks posed by Anthropic's Mythos model as it look to share such insights more broadly among its network of regulators and central bankers to help them judge the…
Finance ministers and top bankers raise serious concerns about Mythos AI model
Finance ministers, central bankers and financiers have expressed serious concerns about a powerful new artificial intelligence (AI) model that could undermine the security of financial systems. The development of the Claude Mythos model by…
Carbios announces fiscal-year 2025 financial results
Carbios significantly reduced its operating expenses during 2025, resulting in a €7 million reduction in operating loss Carbios has a solid cash position of €59 million as of December 31, 2025, on a Group basis including subsidiaries…
Financials Down Amid Mixed Earnings - Financials Roundup
Shares of banks and other financial institutions ticked down amid mixed earnings. Charles Schwab shares fell amid concerns that the surge in trading activity that buoyed its quarterly profit could subside. Custodial bank Bank of New York Mellon…
Wall Street bets against AI with financial weapons of mass destruction
The toxic assets that helped crash the economy in 2008 are roaring back, and this time Wall Street is offering them to bet on an AI crash. Giant tech companies are building huge AI data centers across the US as fast as they can, and they've taken…
Iran War Casts Gloom Over Outlook of World Finance Ministers and Investors
The yearly meetings in Washington bring together heads of state and financial officials from around the world to meet with each other and consult with investors and bankers. Participants predicted that economic and financial turbulence related to…
Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool
British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact. Anthropic, which has so far limited the release of…
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