Rachel Reeves wants Brits investing — just as the City fears an AI bubble – POLITICO
“There is no doubt that the government would find it much harder to drive retail investment in a…
Linklaters advises the underwriters of Cirsa’s €1bn high yield refinancing | Deal | About Us
Linklaters has advised the underwriters of Cirsa’s high yield refinancing, with an aggregate principal amount of €1bn and…
Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies…
Equity Bank experiences bank-to-mobile wallet transfers interruption
Equity Bank branch in Nairobi County Equity Bank Kenya has announced a temporary disruption in
its bank-to-mobile wallet…
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt…
Indonesia’s Danantara Wealth Fund Weighs Creating $8 Billion Asset Manager
Danantara, Indonesia’s nascent sovereign wealth fund, is mulling plans to create a national asset manager by combining units…
UK Explores Private Credit Stress Tests as Risk Worries Grow
The Bank of England has begun industry outreach about stress testing the private credit market, as Governor Andrew…
Is Venmo down? Banking issues reported by thousands amid AWS outage
Amazon Web Services outage downs Snapchat, Fortnite and more An Amazon Web Services outage has downed leading websites…
Fitch Ratings warns Thai banks’ bad loans to rise to 3.7% in 2025 amid weak economy
Fitch Ratings has warned that the asset quality of Thai banks remains “fragile,” projecting a slight rise in…
Consumer Adoption and Security Trends
“Pay by Bank: Consumer Adoption Hinges on Security Concerns,” a PYMNTS Intelligence and Trustly collaboration, explores the forces…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…