Financial Industry News
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Data Fabric and the Impact on Data Access for Financial Services
By Spiros Margaris (Margaris Ventures) When we talk about the fintech industry, we often refer to the great user experience, better value for money, and wide range of innovative products that it provides to customers. These great offerings of…
COP26: London losing to Europe on green finance
LONDON is losing out to Europe in the race to dominate the “green” finance industry, says an influential think tank in a report it says is a “reality check”. Ahead of COP26, the environmental summit that kicks off next…
Invesco QQQ Unveils 'How Not To Suck At Money' Digital Finance Education Platform
For Grant Hill's 18th birthday, the Duke University freshman basketball player and some of his teammates went out to dinner at a Japanese steak house with Hill's father, Calvin. During the course of dinner a hypothetical question came up: What…
Jeffrey Sachs: 'I see no financial obstacles to getting to net zero by 2050'
This is part of a series, ‘ Economists Exchange ', featuring conversations between top FT commentators and leading economists about the coronavirus economic recovery For more than three decades, Jeffrey Sachs has had a knack for placing…
MotoRefi Announces Auto Loan Re-Finance/Insurance Bundling
The insurance industry is all about convincing customers to bundle their policies putting all their coverage in the hands of one carrier. Now MotoRefi is shaking up that long-standing practice by offering a new option—bundling insurance with…
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Activists target Paris climate finance meeting ahead of COP26
PARIS, Oct 26 (Reuters) - Activists disrupted a green finance summit in Paris on Tuesday, saying that French President Emmanuel Macron had failed to get serious on investing in combating climate change. Macron's government says it is committed to…
Central Bank Charts Orderly Growth Track for Financial Industry
China's central bank issued dozens of new standards aimed at pushing the country's fast-evolving financial industry onto an orderly growth track, including the first set of criteria for the burgeoning green finance sector. The 47 types of standards…
Ally Bank acquiring Fair Square Financial for $750 million
Ally Financial is acquiring Fair Square Financial (FSF) for $750 million acquisition. The FSF acquisition will give Ally a fifth revenue source. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking…
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India's Biological E., U.S. body finalise $50 mln COVID-19 shot financing deal
BENGALURU, Oct 25 (Reuters) - The United States and India's Biological E. Ltd said on Monday they had finalised a financing arrangement for $50 million to expand the vaccine maker's capacity to produce COVID-19 shots. The agreement was struck in…
Antimatter Finance Integrates Chainlink Keepers to Offer Automated Limit Orders for its…
We are excited to announce our successful integration of Chainlink Keepers, giving Antimatter users the ability to place limit orders for financial NFTs on our platform. Chainlink Keepers is a decentralized service for automating smart contract…
Office Return Stalls in London's Financial Hubs
The influx of bankers returning to their London offices may have stalled last week, given stagnant demand for flat whites and tuna baguettes at Pret A Manger Ltd. stores. Bloomberg's Pret Index shows that transaction volume in the City of London…
Investor-Targeted Financial Market Systems
Amazingly, our financial system has never taken full advantage of electronic trading. We still use pre-2000 financial instruments and market tools. The markets are focused on the needs of issuers who cannot live without them, instead of investors…
'Three per cent of people in the financial sector are psychopaths.' Manfred Kets de Vries on CEOs
Anyone who tried and failed to write a book during lockdown should look away now: Manfred Kets de Vries has written seven since the pandemic began. “It's my antidepressant,” he said of writing. “I get up very early in the…
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Greenhouse gas levels hit record; world scrambles to contain damage
GENEVA/GLASGOW, Oct 25 (Reuters) - Greenhouse gas concentrations hit a record last year and the world is 'way off track' on climate goals, the U.N. weather agency said on Monday, showing the scale of the task facing governments scrambling to avert…
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India Insight: Climate fight goes way beyond coal
MUMBAI, Oct 26 (Reuters Breakingviews) - India is part of the global climate solution, not just part of a dirty problem to be fixed. That's the grand message Prime Minister Narendra Modi might prefer to emphasise when he attends read more the…
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