Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Investors Are Getting Palpably Nervous About the AI Industry's Financial Situation
For years now, some of the biggest players in the AI space have been investing in smaller startups — which in turn use the same exact money to purchase services from the same large companies. Investors have watched this circular financing…
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. 0828 GMT – NatWest still has sector-leading fundamentals despite warning of a flatter net interest margin in 2027…
Republic Business is LIVE! | Bullish On India | Non-Stop Market & Financial News
Tune in for non-stop, sharp & fearless coverage of equity markets, commodity markets, corporate news, startups, personal finance, banking, industry trends and the Indian macroeconomy. With the powerful tagline “Bullish On India”…
KB Kookmin Bank to arrange $8B in financing for Brookfield AI project
SEOUL, Nov. 2 (UPI) -- South Korea's KB Kookmin Bank said it won the contract to arrange financing for a $9.4 billion AI computing infrastructure project headed by global alternative asset manager Brookfield. The lender said Sunday it would serve…
Korean financial firms are buying into Japan's brokerage market
Japan's stock market rally and retail investing boom are attracting Korean financial firms seeking overseas growth, as mounting pressure on smaller brokerages creates acquisition opportunities, industry officials said Monday. Viva Republica, the…
Skilled migrants could contribute £115bn to public finances, think tank says
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. Skilled migrants settling in Britain are…
The mid-term races Wall Street and other financial firms are watching
Wall Street and financial market players are watching this year's US midterm elections for more than which party controls Congress. SCROLL TO CONTINUE WITH CONTENT A handful of unusually competitive races could determine the fortunes of some of the…
Winning customer trust: The challenge of invisible embedded finance
As financial products become part of everyday transactions, brands are finding new ways to reach consumers. But while embedded finance may simplify customer acquisition, building brand recall and lasting relationships remains a bigger challenge.
Finance minister, Hyundai Motor chief discuss EV policies: sources
Korea's finance minister met with the head of Hyundai Motor Group to discuss ways to develop the country's electric vehicle (EV) industry, along with government tax incentives for the sector, sources said Monday. Finance Minister Lee Hyoung-il met…
Oracle files to sell $20 billion in new stock, bonds to finance AI buildout
Oracle filed plans on Monday to issue $10 billion in stock and $10 billion in bonds, it said in a filing. The plans were outlined last week at its investor day. Oracle filed plans on Monday to issue new stock and more debt to finance its artificial…
Finance minister discusses economic ties, cooperation with US ambassador
Finance Minister Lee Hyoung-il met with U.S. Ambassador to Korea Michelle Steel on Monday to discuss ways to strengthen bilateral economic cooperation, the finance ministry said. During the meeting held at the government complex in Seoul, Lee said…
CIO sees ILS opportunity in AI financing
bc7a55a6-8578-449c-ba11-3575d2be3d84 Christine Todd, chief investment officer, Arch Group Ltd (File photograph) An opportunity for the insurance-linked securities markets arising out of emerging technologies was presented to reinsurance executives…
HKGAI, Du Xiaoman, and HKUST launch first self-evolving financial large model 'XuanYuan 4.5' for fintech's global push
The Hong Kong Generative AI Research and Development Center (HKGAI), Hong Kong University of Science and Technology (HKUST) and financial technology firm Du Xiaoman launched the first self-evolving financial large model “XuanYuan 4.5”…
The CFO-to-CEO pipeline is growing but does a finance background always make a good leader?
When Toyota needed a new chief executive this year, it looked one seat over. Kenta Kon, the carmaker's chief finance officer, took the top job in April. Kon joins a long list of CFOs that have risen to the CEO role, including ConocoPhillips CEO…
Korea, IMF to hold annual consultation on economy, financial policy
Korea will hold an annual consultation session with the International Monetary Fund (IMF) this week to discuss the country's overall economic situation and policies, the finance ministry said Monday. An IMF delegation, led by mission chief Corinne…
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