In a striking development that has captured the attention of the global financial community, a major banking giant has unveiled a transformative plan to acquire full control of one of Hong Kong's most prominent lenders in a deal valued at a staggering US$37 billion. This ambitious proposal not only
In the heart of the Baltic region, Latvia is positioning itself as a formidable contender in the European fintech arena with the unveiling of its "Latvian FinTech Sector Development Strategy 2025-2027." Crafted through a partnership between the Ministry of Finance and Latvijas Banka, this plan
In a world where digital transactions are projected to surpass $10 trillion annually by 2027, the intersection of finance and technology has never been more critical, highlighting the urgent need for innovative solutions that can keep pace with rapid market shifts and consumer demands. Touareg
In an era where digital transactions dominate the global economy, access to banking services has become a fundamental pillar of financial stability and societal participation, yet a troubling trend known as debanking is casting a shadow over this foundation, threatening economic inclusion.
In a landmark development for Central Asia’s financial sector, Tuum, a pioneering provider of cloud-native core banking solutions, has joined forces with Bank CenterCredit (BCC), a leading financial institution in Kazakhstan, to unveil a cutting-edge Banking-as-a-Service (BaaS) platform. This
What happens when a rising star in London's financial scene crashes just four years after adopting an ambitious strategy? The sudden closure of Eisler Capital’s flagship multi-strategy fund sends shockwaves through the industry, exposing the brutal realities of competing in a market dominated by
What happens when the financial heartbeat of local economies begins to falter, and community banks, once the cornerstone of small-town America, start vanishing at an alarming rate? With a staggering 45% decline since their peak numbers, the crisis is not just a statistic—it’s a threat that could
In a groundbreaking development that is poised to reshape the financial advisory landscape, Creative Planning, recognized as one of the largest registered investment advisors (RIAs) in the United States, has entered into a definitive agreement to acquire SageView Advisory Group, a leading
As the U.S. government grapples with yet another shutdown, the financial stability of federal workers, servicemembers, and contractors hangs in the balance, with many unable to meet critical obligations like mortgage payments and credit card bills due to unpaid wages. This pressing issue has drawn
As the financial sector stands at a critical juncture in October 2025, the Federal Reserve’s (Fed) interest rate cuts have emerged as a transformative force, sending ripples across the S&P 500 Financials sector, which includes banks, insurance companies, and investment firms. These monetary policy
