Financial Industry News
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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. 0101 GMT – Weakness in the Indonesian rupiah is expected to weigh on Indonesian operations of Maybank and CIMB despite…
Shanghai needed as finance hub, as Hong Kong 'not enough': proposal
Shanghai has been urged to build itself into a hub serving the rising outbound investment needs of Chinese firms, potentially increasing rivalry with Hong Kong as both cities race to augment their status as financial centres. The suggestion by Liu…
AI Will Never Replace A Good Financial Advisor
There's a narrative gaining momentum that artificial intelligence will eventually replace financial advisors. It's an appealing idea, AI is efficient, data-driven, fast and a fraction of the cost of what many advisors charge. In fact “the…
Genesco Is the Latest Shoe Firm to Have a New Finance Guru
Nike Inc. is not the only shoe firm that has a new financial sheriff. Genesco Inc. on Monday named Jonathan Collins as its new senior vice president, finance, and chief financial officer (CFO). Collins, who begins his new position on Aug. 3, will…
Bessemer, Georgian Back Canada's Dominion in Record Early-Stage Financing
Dominion Dynamics has raised C$139 million ($98 million) in what the company says is the largest Series A round ever for a Canadian defense startup, underscoring a surge of investor interest in the sector. The financing was led by Georgian…
Supreme Court justices' wealth ranked in new financial disclosures
Members of the Supreme Court reported millions of dollars in book income, investments and outside earnings in newly released annual financial disclosures, offering a rare window into the personal finances of the nation's highest judges. The…
HOFSETH BIOCARE ASA: FIRST QUARTER 2026 FINANCIAL REPORT AND NEW COMMERCIAL UPDATE FOR CURRENT TRADING
Commercial update — second quarter 2026: Since the end of the first quarter, the Company has seen a very significant pick-up in commercial activity. Second-quarter top-line revenue is expected to be comparable to the second quarter of last…
HDFC Bank Appoints Former Finance Secretary Rajiv Kumar As Part-Time Chairman
India's banking sector witnessed a series of senior management changes on Monday, with HDFC Bank, Axis Bank and Bandhan Bank announcing key appointments and resignations through separate stock exchange filings. The most significant development came…
Scottish Friendly study finds women face greater pressure over everyday finances
The findings, published in Scottish Friendly's latest Family Finance Tracker, suggest financial pressures are also affecting women's ability to save and invest for the future. The research found women are more likely to rely on short-term financial…
ADB approves financing to boost clean energy access in Sri Lanka
The Asian Development Bank (ADB) has approved a $57.4 million financing package to help Sri Lanka expand access to affordable clean energy and reduce greenhouse gas emissions through rooftop solar aggregation and virtual net metering. The financing…
Break point: the Wimbledon finances row explained
Wimbledon fortnight is underway with a record prize pot of £64.2 million, but this has done little to assuage the sport's “increasingly mutinous” players, said The Observer. Tennis is “having a moment”.
I'm in my 30s. Should I pay for financial advice, or do it myself?
You have reached your maximum number of saved items. Remove items from your saved list to add more. My wife and I are in our mid-30s. We don't have children. We have some savings, and one investment property. Beyond saving, we haven't done much…
Ripple's Garlinghouse Slams Strategy's Financial Engineering
The long-standing ideological battle between Ripple CEO Brad Garlinghouse and MicroStrategy (now operating under the ticker Strategy) Executive Chairman Michael Saylor has flared up once again. In a new social media post, Garlinghouse fired a fresh…
FuelCell Energy wins $49M in EXIM financing for exports to South Korea (FCEL:NASDAQ)
FuelCell Energy (FCEL) up 10.2% pre-market Monday after saying the Export-Import Bank of the United States approved a $49M financing package to support the export of American clean energy technology to South Korea. The first tranche, expected to…
Woori Financial's bid to take Tongyang Life private continues to stall amid shareholder backlash
Woori Financial Group's plan to take Tongyang Life Insurance private has hit a snag in the final stages, as a dispute over the proposed share-swap ratio draws heightened regulatory scrutiny and underscores Korea's growing emphasis on protecting…
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