Financial Industry News
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Financial Services Roundup: Market Talk
0153 GMT – Malaysia 's banks are expected to adopt a more cautious stance in 2H, as higher inflation, geopolitical uncertainty and potential election-related risks weigh on lending demand, TA Securities analyst Li Hsia Wong says in a note.
Finance Minister Katayama says G7 will discuss AI defense standards
The Group of Seven nations will discuss standards on artificial intelligence security and defense, Finance Minister Satsuki Katayama has said. Speaking in a recent interview, Katayama said that financial institutions “need to decide the…
Bajaj Finance climbs Thursday, underperforms market
Bajaj Finance Ltd. 500034 shares inched up 0.41% to 1,018.75 Indian rupees Thursday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 rising 0.75% to 77,502.12. Bajaj Finance Ltd. closed…
Personal Finance Is More Personal Than Finance: How The Smart Rich Master Emotional Control
Stop letting your emotions run your bank account and start playing the long game Personal finance success depends more on emotional discipline than on financial knowledge. The smart rich exercise emotional control to create the life they want…
Car finance: Compensation payments delayed until next year
Kevin Peachey Cost of living correspondent Millions of drivers who were mis-sold car finance agreements must wait until at least 2027 to receive compensation, regulators have announced. Average payments of about £829 are expected under the…
Payouts on UK watchdog's car finance compensation scheme paused by tribunal
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 UK's financial watchdog has been forced to pause…
Your Best Finance Person Is A River Guide. You Need To Scale Them
Jack O'Hara is the founder and CEO of Translucent. After weeks of building a business forecast with every row balanced and assumption documented, you walk into the board meeting, deck in hand, ready to present the financial road map. That's when…
Car finance compensation delayed for millions of drivers as payout scheme paused
Millions of drivers will have to wait longer for car finance compensation after the UK financial watchdog was forced to suspended part of its redress scheme. The Financial Conduct Authority (FCA) had previously estimated that around 12.1 million…
London faces £15 billion hit to annual finances as heatwaves intensify
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. London faces a potential annual cost of up to…
Make Hong Kong China's 'space finance capital', legal group urges Beijing
An independent legal group has proposed that Beijing designate Hong Kong as the country's “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian…
New Coventry superstore 'vital to club finances' say Sky Blues
Alec Blackman, West Midlands and Lorna Bailey, in Coventry Coventry City Football Club's new shop is 'massive' in terms of the team's income, its chief business officer has said. The COV Store is spread over two floors at the Coventry Building…
VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
Collaboration to expand accessible and inclusive financial services across Ukraine, Kazakhstan, Pakistan and Uzbekistan Mete Guney, Executive Vice President, Market Development, EEMEA, Mastercard and Kaan Terzioglu, CEO, VEON Group Dubai, July 2…
New Coventry superstore 'vital to club finances' say Sky Blues
Coventry City Football Club's new shop is 'massive' in terms of the team's income, its chief business officer has said. The COV Store is spread over two floors at the Coventry Building Society Arena and covers 15,000 sqft and opens to the public on…
Payouts on UK watchdog's car finance compensation scheme paused by tribunal
The UK's financial watchdog has been forced to pause payouts on its £9.1 billion car finance redress scheme, meaning millions of motorists are facing further delays to compensation. The Financial Conduct Authority (FCA) is facing legal…
Rangers finance chief James Taylor exits 'by mutual agreement
Rangers say James Taylor is to step down from his role as the Scottish Premiership club's chief financial officer 'by mutual agreement'. The son of former Scottish FA chief executive David Taylor had spent three years in the role. In a three-line…
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