Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Warsh likely to side with financial markets over Trump as Fed rate hike expected
WASHINGTON (AP) — Barely four months into the job, Federal Reserve Chair Kevin Warsh is stuck between two strong and opposing forces: Financial markets that anticipate the central bank will raise interest rates, and President Donald Trump…
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. 0703 GMT – The Bank of Japan 's monetary policy is shifting from a stance of cautious normalization after years of…
Finance's Golden Ratio: Rethinking Unit Economics For AI-Powered CFOs
Hemant Kapadia is the CFO at Anaplan, a leading AI-driven scenario planning and analysis platform designed to optimize decision-making. For decades, building a finance organization followed a predictable formula: define the necessary…
Apollo Gives $585 Million of Financing to The Executive Centre
Apollo Global Management has provided $585 million of financing to flexible workspace provider The Executive Centre, according to a statement, in the global asset manager's largest Asian hybrid deal combining debt and equity. The Executive Centre…
OpenAI's CFO says AI is reducing the need for people to do mundane finance tasks like credit checks
OpenAI CFO Sarah Friar said that AI is reducing the need for some workers, but only repetitive ones. In a Tuesday interview with CNBC's Jim Cramer on 'Mad Money,' Friar addressed AI use for efficiency at OpenAI, using her own finance department as…
Indonesian finance minister notified of his firing in mid-meeting call
Purbaya Yudhi Sadewa, who was sacked as Indonesia's finance minister this week, said on Tuesday he was upset to be removed from his job, but was half expecting the decision. President Prabowo Subianto abruptly removed Purbaya as finance…
Hong Kong finance chief urges Cathay to keep fares attractive, add routes
Hong Kong's finance chief has called on Cathay Pacific Airways to offer attractive fares and expand its route network, as China's national development plan reinforces the city's status as a global aviation hub. Speaking at Cathay's 80th anniversary…
Finance Minister Nominee Promises Recovery for Everyone
Deputy Prime Minister and Finance Minister nominee Lee Hyoung-il says he intends to lead a unified economic team to make sure the recovery can be felt everywhere in society. Speaking at his parliamentary confirmation hearing on Tuesday, Lee said he…
Indonesian Power Politics, Not Markets, Forced Out Finance Chief
The end came quick for Indonesia's finance minister. Purbaya Yudhi Sadewa was interrupted by a phone call from a top presidential aide while speaking in parliament in Jakarta on Monday. Within about two hours, his replacement had been announced.
Indonesia's new finance minister faces an uphill battle on fiscal credibility
The reshuffle comes weeks after Bank Indonesia Governor Perry Warjiyo abruptly resigned, intensifying scrutiny over how much control Prabowo now wields over fiscal and monetary policy. For investors, elevating a known technocrat could restore…
Nigel Farage's party financing will have consequences far beyond politics
After the 2024 general election, the independent Electoral Commission reported that the total spending by all political parties totalled some £94.5m – a record high. Of that, the larger established parties spent £69.3m trying to…
Wells Fargo finance chief shares growing trend that signals healthy US economy
Wells Fargo expects loan growth in 2026 to be better than its previous forecast and signaled healthy spending and credit trends in the US, CFO Mike Santomassimo said at an investor conference on Tuesday. Shares of the US banking giant jumped 3% in…
Intact Financial Corporation (IFC:CA) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
Intact Financial Corporation (IFC:CA) Barclays 24th Annual Global Financial Services Conference September 15, 2026 3:30 PM EDT Kenneth Anderson - Executive VP & CFO Taylor Scott - Barclays Bank PLC, Research Division Barclays Bank PLC, Research…
Why compliance, not technology, will decide the future of digital sovereign finance
Somewhere in the Marshall Islands, a citizen receives a universal basic income payment directly to a mobile wallet. There is no bank branch, no paper check, and no in-person distribution involved. The funds come from USDM1, a United States…
Ousted Indonesia finance minister says he was 'upset', but half expected removal
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA, Sept 15 (Reuters) - Purbaya Yudhi Sadewa, who was sacked as Indonesia's finance minister this week, said on Tuesday he was upset to be removed from his job, but was half expecting the…
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