Environmental activists staged a protest at the Swiss National Bank’s (SNB) annual general meeting in Bern, urging the central bank to divest from companies contributing to environmental degradation, particularly in regions like the Amazon rainforest and Brazil’s Cerrado savannah. The demonstration targeted the SNB’s
Standard Chartered has become the first bank to join the Temenos Exchange
Brazil’s central bank has announced it will roll over $18.4 billion in
Bank of America shareholders have voted in favor of the bank’s executive
Eurex, the derivatives arm of Deutsche Boerse, has announced plans to launch
Nomura Holdings has announced its largest acquisition to date, agreeing to purchase Macquarie Group’s U.S.
Bolt has introduced a new SuperApp designed to unify cryptocurrency transactions, peer-to-peer payments, and shopping
Luma Financial Technologies, a platform specializing in structured products and annuities, has raised $63 million
The Bank of Canada (BoC) has decided to maintain its benchmark interest rate at 2.75%,
IndusInd Bank’s stock experienced a notable recovery, climbing as much as 4.2% on Wednesday, following
The European Central Bank (ECB) is expected to lower its key interest rate at its
Global stock markets experienced a significant rebound on Monday, buoyed by the U.S. administration’s decision
Standard Chartered has partnered with cryptocurrency exchange OKX to introduce a collateral mirroring programme, enabling
Instapay Technologies has partnered with Mastercard to improve international money transfer services for Malaysia’s migrant workforce. Leveraging Mastercard Move, a suite of global money movement capabilities, the collaboration aims to provide over
Lomond School, an independent day and boarding institution in Helensburgh, Scotland, has announced that it will begin accepting Bitcoin as a form of payment for school fees starting in the autumn term of 2025. This initiative positions Lomond as the
Visa has invested in Mynt, a Swedish spend management platform, as part of a strategic move to bolster financial tools for small and medium-sized
DBS Bank and the Bank of China’s Singapore branch have confirmed that customer data was compromised following a ransomware attack on third-party vendor Toppan
U.S. stock futures rose on Tuesday, offering a glimmer of relief to markets battered by days of steep losses driven by escalating trade tensions. The rebound is being fueled by investor optimism that diplomatic negotiations could ease the standoff over sweeping U.S. tariffs and
Global markets are under pressure as escalating U.S. tariff policies drive investor anxiety, corporate earnings downgrades, and growing recession risks. With the S&P 500 nearing bear market territory, analysts warn that the worst may be yet to come if trade tensions continue to spiral.
European banking stocks have officially entered bear market territory as fears of a global economic slowdown intensify. The sector index dropped 4.8% on Monday, marking a decline of over 20% from recent highs. This sharp selloff comes amid growing investor anxiety over the economic
Credit markets across Asia are showing growing signs of stress, as heightened global trade tensions spill into fixed-income instruments. The strain follows the U.S. administration’s sweeping import tariffs, which have roiled investor sentiment and raised fears of a broader economic slowdown. Sovereign credit spreads
European financial markets experienced significant declines following the United States’ implementation of extensive import tariffs, which have intensified global trade tensions and raised concerns about a potential economic downturn. The Dow Jones
Former Bank of Japan (BOJ) board member Makoto Sakurai suggests that the central bank may implement another interest rate hike in 2025, potentially in April or June, raising the short-term rate from
The Reserve Bank of Australia (RBA) has expressed concerns that the United States’ recent tariff policies may significantly hinder global economic growth. In its semi-annual Financial Stability Review, the RBA highlighted that
UBS has completed the merger of Credit Suisse’s service company entities in India into its own UBS Business Solutions arm, consolidating a combined workforce of roughly 24,000 employees. This marks a key
The Commonwealth Bank of Australia (CBA) has launched a dedicated Technology Hub in Seattle, aiming to enhance its technological capabilities and accelerate the adoption of advanced solutions, particularly in artificial intelligence (AI).
Standard Chartered has rolled out a new generative AI platform, ‘SC GPT,’ across 41 markets in a major step toward scaling AI capabilities throughout its global operations. The tool is being made
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has entered into a Memorandum of Understanding (MoU) with Circle, the issuer of the USDC stablecoin, to investigate the application
Quintet Private Bank, a Luxembourg-based wealth management firm backed by members of Qatar’s Al Thani royal family, is accelerating its expansion across Europe through an aggressive hiring campaign. The bank is currently
Spanish energy utility Endesa has announced a substantial share buyback program worth up to €2 billion (approximately $2.15 billion), set to run through the end of 2027. The move reflects the company’s
UK inflation eased to 2.8% in February, down from 3% in January, according to data from the Office for National Statistics. The decline came in below economists’ forecasts of 2.9%, marking the lowest inflation rate since July 2021. The unexpected
Sweden’s central bank, the Riksbank, has decided to hold its key interest rate steady at 2.25%, opting for a cautious approach as inflation proves
President Donald Trump has issued an executive order instructing the U.S. Treasury Department to phase out paper checks for all federal payments by September
Rain, a global card issuing platform built around stablecoin technology, has raised $24.5 million in a funding round led by Norwest Venture Partners. The