Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lawyer urges probe into Crans-Montana finances
WHO candidate Hanan Balkhy: ‘The bottom line is that the funding is slimmer' Read more: WHO candidate Hanan Balkhy: ‘The bottom line is that the funding is slimmer' Swiss components also found in new Russian weapons Read more: Swiss…
Bank Mizrahi-Tefahot will help finance after-school activities for children
A new initiative by Bank Mizrahi-Tefahot offers a one-off grant of NIS 1,000 to parents of children to fund after-school activities, as part of a Bank of Israel framework requiring banks to provide benefits to customers and amid the strain on…
KB Kookmin Bank to lead $9.45 bil. AI infrastructure financing
KB Kookmin Bank has secured the lead arranger role in a 12.6 trillion won ($9.45 billion) project to build artificial intelligence (AI) computing infrastructure in Korea, the lender said Sunday. Led by Brookfield, one of the world's largest…
Adesugba Urges Finance Sector to Recognize African Creative Assets
Professor Adesoji Adesugba urged African financial institutions to treat creative works and royalty income as assets, saying local production capacity and stronger rights enforcement could help creators retain more value. Nigeria's News Agency of…
HK to host two financial mega events, Q3 GDP expected to beat estimates: Paul Chan
Hong Kong will kick off the first week of November by hosting two major global financial events and announcing third-quarter economic growth, which Financial Secretary Paul Chan Mo-po expects to beat market estimates on accelerating exports and…
Pakistan Assumes G-24 Chair With Development Finance Reform Agenda
Pakistan assumed the chairmanship of the Intergovernmental Group of Twenty-Four (G-24) on Nov. 1, with Finance Minister Muhammad Aurangzeb pledging to seek affordable development finance and greater influence for developing economies in global…
ISS backs Lee Jae-keun's appointment as KB Financial chairman
Institutional Shareholder Services (ISS) has recommended that shareholders vote in favor of appointing Lee Jae-keun as chairman of KB Financial Group. In its voting recommendations report obtained by The Korea Times, Sunday, the world's largest…
Election pledges inflate Victoria's runaway health budget despite dire finances
Victoria's next government faces urgent pressure to curb runaway health spending to begin repairing the state's finances, even as both major parties unveil billions of dollars in health promises during an election-year splurge that economists have…
Andy Burnham's Government cause '£49bn black hole in UK finances
Kemi Badenoch has claimed that John Healey has left the UK facing a staggering £49bn black hole that will demand significant tax hikes to plug. The Conservative party leader warned that Labour would need to raise taxes by £1,700 per…
Baywatch' star Nicole Eggert exposes financial toll of cancer battle: 'The bills don't stop
Nicole Eggert admitted that finances are a neglected conversation when it comes to fighting cancer. Eggert, 54, was diagnosed with stage 2 cribriform carcinoma breast cancer in December 2023. Two years later, the actress revealed her cancer status…
The Financial Literacy Gap: Why Credit Unions Must Invest in the Next Generation
The credit union industry's sole focus is helping communities build wealth, plan, and navigate economic uncertainty. Yet, data from Forbes Finance Council shows 80% of U.S. adults report never receiving formal financial education in school, and 88%…
GBank Financial Holdings Stock: Tough Quarter Necessitates A Downgrade (NASDAQ:GBFH)
GBank Financial Holdings (GBFH) is downgraded to a 'sell' due to weak financial results, declining profitability, and elevated non-performing assets. GBFH's Q3 revenue and EPS missed analyst expectations, with net profits falling to $3.9M and…
A Helping Hand: How Gregory Ricks built a career guiding others through life's financial changes
Sometimes life changes unfold in small, measured moments. Other times, they arrive with hurricane force. Regardless of how quickly they come, these moments test the strength of a support system—and reveal how vital financial guidance can be…
Medallion Financial (MFIN) Q3 2026 Earnings Call Transcript
President and Chief Executive Officer - Andrew Murstein Executive Vice President and Chief Financial Officer - Anthony Cutrone President and CEO of Medallion Bank - Justin Haley Investor Relations - Ken Cooper Net Income -- $2.4 million, or $0.10…
Financial Strategy for Profitability and Growth
Growth creates complexity, and finance plays a critical role in helping organizations navigate it. As a business grows, the finance function often needs to evolve beyond reporting and control to become a more strategic resource for leadership. A…
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