Financial Services Industry News
A collection of Financial Services latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
50 biggest and best stocks to buy in 2024: Stifel
A true recession never hit the US, encouraging impressive returns for the S&P 500 this year. Stifel's Barry Bannister says the growth stocks that drove the market higher will falter in 2024. He encourages investors to focus instead on cyclical…
Somerset Trust's Westmoreland construction bucks industry trend
The new Somerset Trust Co. bank branch in Hempfield that opened in late September is definitely not your father's or grandfather's financial institution. It has the traditional tellers, loan officers, conference rooms and vault. But the two-story…
Hong Kong's stock slump triggers wave of brokerage closures
The prolonged slump and the job losses are adding to questions about the future of the city's position as Asia's top international finance centre in the wake of Hong Kong's extreme pandemic curbs and Beijing's imposition of national security…
Closing bell: Saudi Arabia's benchmark index edges up to close at 11,281
RIYADH: Saudi Arabia's Tadawul All Share Index rose on Sunday, gaining 55.68 points, or 0.50 percent, to close at 11,281.03. The total trading turnover of the benchmark index was SR4.95 billion ($1.32 billion) as 156 stocks advanced, while 52…
Factors that will guide the markets this week
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. 'In the upcoming data-centric week, the focus will be on…
ACLU Latest Client Will Make Liberals Heads Spin
No matter how they framed it, the American Civil Liberties Union will catch a lot of flak with the announcement of their new client: the National Rifle Association. It's made me do a double-take. The ACLU has been one of the NRA's chief rivals, but…
Letter: Codes for credit unions need to be updated
We live in an ever-changing world. Reflecting on the 1920s, the television had recently been invented and women could now vote with the passage of the 19th Amendment. And in 1925, the Iowa Credit Union Act passed, which gave Iowans more access to…
UK FCA crypto skills gap is causing slow enforcement, says National Audit Office
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry. In a recent report titled 'Financial services regulation: adapting…
Here are the newly minted fintech unicorns
Image Credits: Cattallina / Shutterstock Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We're…
Ghana card helping to tackle challenges in the informal economy - Dr. Bawumia
Vice President, Dr Mahamudu Bawumia has highlighted the importance of the Ghana card as a key component of government's digitalization efforts. According to him, the Ghana card has aided in tackling corruption, identify fraud, among others…
What businesses could contend for Top Workplaces honors in 2024?
Welcome to The Oklahoman's 2023 Top Workplaces project. Every year The Oklahoman honors some of the top workplaces in the state, based on employee feedback. Based on the 2023 survey results, the Oklahoma-based companies that earned the highest…
Say what? ACLU announces it will represent the NRA in Supreme Court 1A case
In a throwback to the days when it was an actual defender of free speech rights, the American Civil Liberties Union (ACLU) is taking up a Supreme Court First Amendment case involving the National Rifle Association (NRA) and efforts by Democrat…
Qatar's non-energy private sector sees growth acceleration at year-end: PMI data
RIYADH: Qatar's non-energy private sector continued to see improved business conditions at the end of 2023, with the latest Purchasing Managers' Index survey data indicating an acceleration in growth. Released by the Qatar Financial Centre, the PMI…
Plans submitted to get rid of empty Leicestershire town centre
A planning application has been submitted to turn a vacant Shepshed pub into something altogether different. The proposal sets out plans to change the use of the building, which was home to the Red Lion pub in Market Place, Shepshed, from a public…
Flawed verdict: Here's a look at competition in the real estate industry | Home Front
October's bombshell verdict in the Sitzer/Burnett class-action suit, alleging questionable business practices among industry participants enabled by rules established by the National Association of Realtors (NAR), has received constant attention in…
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