Financial Industry News
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Opinion | AI has been known to hallucinate. So have financial markets
We've never had it so good. The S&P 500 and Nikkei 225 have hit record highs this month. SpaceX had its spectacular initial public offering, the largest in history. The company raised an eye-popping US$75 billion and saw a sharp rise in its share…
Bajaj Finance rises Friday, outperforms market
Shares of Bajaj Finance Ltd. 500034 inched up 0.23% to 961.30 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 0.78% to 76,802.90. Bajaj Finance Ltd. closed…
MFA Financial Inc. stock rises Thursday, still underperforms market
Shares of MFA Financial Inc. MFA rose 1.60% to $9.53 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.91% to 26,517.93 and the Dow Jones Industrial Average…
Warning over 'fragile' public finances as borrowing rises
The UK borrowed £23.3bn in May, according to official figures, up almost a third on the same month last year. May's borrowing figure — the difference between spending and income from taxes — was £5.6bn higher than forecast…
Digitalist Group structures its financing
Digitalist Group Plc Inside information 18 June 2026 at 19:00 Digitalist Group structures its financing Digitalist Group Plc's (“Digitalist Group” or “Company”) has agreed with Turret Oy Ab (“Turret”) on a…
Financial Shares Fall On Rate Hike Worries -- Financials Roundup
Shares of financial companies fell as the market prices in a greater chance of a rate hike this year following Wednesday's rate hold by the Federal Reserve. Individual investors accelerated their withdrawal requests from once-hot private-credit…
Finance Minister Considers Support for Vulnerable Borrowers
The South Korean government is reviewing measures to assist vulnerable borrowers and small to midsize importers in anticipation of a prolonged period of monetary policy tightening. Deputy Prime Minister and Minister of Economy and Finance Koo…
AI Data Center Bonds Are Being Priced As Project Finance At Last
A QTS bond tied to Microsoft has lagged the tech giant's own debt, and Citi says investors are finally pricing data-centre risk on structure, not the tenant's name. There is an old rule in lending that a name on the door is worth less than a claim…
Temasek Appoints Wendy Koh as Chief Financial Officer
Singapore's state-owned investment company Temasek Holdings has named Wendy Koh as its chief financial officer. Koh will be CFO-designate from Aug. 1 before her appointment takes effect on Oct. 1., Temasek said on Friday. Koh is group CFO of…
AI reshapes client acquisition economics in financial services
Artificial intelligence is beginning to influence not just how financial services firms operate, but how they are discovered. A new case study points to a marked shift in client acquisition dynamics, where visibility inside AI-generated responses…
Am I Financially Okay? A 4-Part Test For Women Who Feel Behind
A woman sits at her dining room table with laptop and financial reports doing her monthly budget. She is smiling at the ease of use as she works on her smart phone banking app to do monthly finances, pay taxes and save money for the future.
He retired from Netflix at 36 after quietly working for years toward financial independence
Kaska Adoteye, 36, lives in Atlanta and recently left his job at Netflix as part of his pursuit of the FIRE movement, or Financial Independence, Retire Early. Business Insider verified his former employment, investment holdings, and medical status.
Bristol Rovers finances show brutal economic reality of football
Bristol Rovers' latest financial accounts have laid bare the brutal economic reality of modern football, with the losses the Gas have made. Figures filed at Companies House for the financial year ending June 30, 2025, show the Gas posted a total…
US-Iran MOU poses new opportunities, challenges for Korea: finance minister
The recent memorandum of understanding (MOU) between Washington and Tehran aimed at ending their conflict presents both opportunities and challenges for Korea, the finance minister said Friday, noting the government will implement post-conflict…
AFRC fines three Convoy Financial Holdings senior officers for CPA misconduct, totaling $760,000
The Accounting and Financial Reporting Council has imposed a total fine of HK$760,000 and disciplinary sanctions on three senior officers of Convoy Financial Holdings for certified public accountant misconduct. SCROLL TO CONTINUE WITH CONTENT The…
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