
In a stunning display of market momentum that has captured the attention of the global financial community, precious metals have embarked on an extraordinary ascent, with gold decisively breaking through the monumental $5,000 per ounce barrier for the first time in history. This powerful surge on
In a move signaling a significant shift in the financial technology landscape, buy now, pay later (BNPL) giant Affirm Holdings has officially applied for a bank charter in Nevada. By seeking to establish Affirm Bank, a state-chartered industrial loan company (ILC), the company is aiming to break
Bay Commercial Bank (BCML) recently presented a complex financial picture to investors, as its fourth-quarter results showcased strong year-over-year expansion while simultaneously falling short of Wall Street’s carefully watched projections. The bank disclosed quarterly earnings of $0.63 per
A tectonic shift in global finance is channeling unprecedented levels of capital into the Middle East and Asia, creating a new generation of ultra-high-net-worth families and sophisticated family offices whose complex needs are fundamentally reshaping the wealth management industry. Nomura
The simple act of sending money home to loved ones is undergoing a profound transformation, evolving from a basic transaction into a gateway for comprehensive financial inclusion for millions globally. In a move that underscores this industry-wide shift, UK-based remittance giant Zepz, the operator
The swift digital transformation of the financial sector is creating unprecedented opportunities in markets previously underserved by fintech innovation, and Albania is poised to witness a significant leap forward with the imminent launch of its first digital-only neobank. Jet Bank has embarked on
The Scottish National Investment Bank is facing a firestorm of public and political criticism after a year marked by staggering financial losses and controversial executive compensation. The year 2025 proved to be a pivotal moment for the taxpayer-funded institution, as long-standing concerns about
In a significant strategic realignment, the US business payments platform Checkbook has announced an immediate transition to a co-CEO leadership model, appointing company insiders Pia Thompson and Aditya Raikar to the top executive positions. The move signals a new chapter for the fintech firm,
With the sponsor bank industry facing intense scrutiny, Hatch Bank's recent appointment of Amanda Swoverland, a seasoned risk and compliance executive, as its new president is a move that has captured the sector's attention. We sat down with banking and finance authority Priya Jaiswal to dissect
The termination of the landmark TD-First Horizon deal was not merely a setback for two institutions; it was a watershed moment that ushered in a new era for bank mergers and acquisitions. This shift has given rise to a more cautious, yet highly strategic approach: opportunistic M&A, where banks
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