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Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
Google invested over $1 billion in Africa in the last 5 years.
Trump’s filing shows a windfall of $1.4 billion from crypto companies last year.
A €2 billion ($2.3 billion) capital infusion into Hungary’s Magyar Fejlesztesi Bank was approved by the European Commission on Monday. This comes as Hungary pledges
SoftBank Corp. and mobile payments operator PayPay are in talks to invest in retail giant Seven & i Holdings. The investment is expected to reach
Cloud service providers Microsoft, Google, Amazon, and Oracle have been classified by Britain as critical third-party suppliers to the financial sector, subject to direct regulatory
Global financial messaging network SWIFT, in an effort to enable 24-hour payments and compete with the developing stablecoin market, unveiled a blockchain-based shared ledger on
The Bank of England stated on Tuesday that investors’ large bets on artificial intelligence’s success and the technology’s increased susceptibility to hackers make it an
As it capitalizes on the global AI boom with one of the largest new share sales in history, South Korean chipmaker SK Hynix on Monday
Continental announced on Saturday that it had reached a deal with private equity firm Lone Star Funds to sell its ContiTech plastics and rubber division
On Thursday, the European Central Bank resisted industry demands for reduced bank capital requirements, claiming that the current rules are necessary for safety and do
Google announced on Wednesday that it had surpassed a five-year goal of investing $1 billion in Africa, as it made public projects on infrastructure and
Federal filing made public on Tuesday showed President Donald Trump earned around $1.4 billion from his cryptocurrency ventures last year, locking in profits as his
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