Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Manulife Financial Corp. stock rises Wednesday, outperforms market
Shares of Manulife Financial Corp. MFC rose 2.15% to C$53.18 Wednesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 1.25% to 34,161.82. Manulife Financial…
Close Brothers accelerating cost cuts as motor finance bill mounts
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. Close Brothers is speeding up cost cutting to help narrow…
Are Financial Institutions Failing To Back The Low-Carbon Economy?
PALM SPRINGS, CALIFORNIA - MARCH 06: Wind turbines operate at a wind farm near solar panels on March 06, 2024 near Palm Springs, California. (Photo by Mario Tama/Getty Images) Only two of 400 major financial institutions around the world have…
First Nations Finance Authority surpasses $4 Billion in financing since its founding
December 3, 2025 — Ottawa, Ontario — First Nations Finance Authority (FNFA) and Crown-Indigenous Relations and Northern Affairs Canada Today, Ernie Daniels, President and Chief Executive Officer of FNFA, and the Honourable Rebecca…
Financials Up as Treasury Yields Fall -- Financials Roundup
Shares of banks and other financial institutions rose as Treasury yields fell and hopes for a record-breaking wave of initial-public offerings built. Goldman Sachs Group shares jumped after reports that it would be involved in the IPOs of both…
Financial sector reforms get a shot in the arm - Opinion
Billionaire actress Zhao Wei and her husband Huang Youlong have been banned from China's securities markets for five years for market violations [Photo/VCG] Two recent but separate developments show the Chinese authorities' resolve to expedite…
Close Brothers accelerating cost cuts as motor finance bill mounts
Close Brothers is speeding up cost cutting to help narrow losses after setting aside another £30 million to cover mounting costs of the motor finance scandal. The banking group confirmed its total provision for the car finance redress scheme…
Final results for the financial year ended 31 March 2026
For the financial year ended 31 March 2026 Delivering significant growth from flagship and scaling strategies, maintaining disciplined approach to investment performance and a focus on cash realisations (DPI) AUM of $126bn; fee-earning AUM of…
ADS: How AI Redefines Master Data Management In Financial Services
LPL Financial, specializing in AI-driven data governance and agentic architectures For years, master data management (MDM) has been treated as a necessary but reactive function inside financial institutions. Issues were found after the fact, fixed…
Wider financial opening-up shows confidence in abilities - Opinion
Investors look at computer screens showing stock information at a brokerage in Shanghai, August 13, 2015.[Photo/Agencies] AT A NEWS CONFERENCE in Beijing on Friday, China's vice-finance minister said that China will increase the share ceiling for…
Stronger financial supervision - Opinion
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How Long To Keep Your Parents' Tax And Financial Records-And Your Own
After my dad died, my siblings and I began sorting through the things he left behind. That included the expected things, like clothes and photographs, and the unexpected things, like financial records tucked into places we hadn't known existed.
SpaceX's IPO paperwork offers first look at the finances of Elon Musk's rocket company
Houston, we have the SpaceX filing everyone has been waiting for. The S-1 paperwork, one of the most hotly anticipated financial filings of the year, gives the public its first look at the inner workings of Elon Musk's rocket company and AI venture…
The fine art of maintaining financial stability
By Xin Zhiming | China Daily | Updated: 2019-12-02 07:49 China is facing 'significantly increasing challenges in terms of financial risk prevention and tackling', but given the country's sound economic fundamentals and its pre-emptive approach to…
Famously secret about its finances, SpaceX opens its books for the first time
After nearly a quarter of a century operating as a private company, with its financial accounts a closely guarded secret, SpaceX on Wednesday afternoon released a detailed accounting of its business in a nearly 400-page S-1 filing with the US…
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