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BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
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.
A global framework for the usage and regulation of generative AI was introduced by Japanese Prime Minister Fumio Kishida on Thursday, contributing to the ongoing
The City of London reported on Tuesday that although the UK is still a top travel destination, foreign investment in the country’s financial and professional
A new study conducted by the Royal Society in collaboration with EngineeringUK and with funding from Wellcome has revealed a significant gender disparity in young
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More time is spent on TikTok than on Instagram, Snapchat, or YouTube on a daily average by adult U.S. users (54 minutes), according to research
In order to draw foreign investment and dollar inflows into the economy, Nigeria is looking for fund managers for a proposed $10 billion diaspora fund,
Federal, state, and corporate officials announced on Thursday that Amazon Web Services, the company’s cloud computing division, intends to invest $11 billion to construct a
On Tuesday, the Senate passed a bill that would compel TikTok’s parent company, which is based in China, to sell the social media platform or
On Tuesday, German Chancellor Olaf Scholz urged greater uniformity in European financial markets and called for the completion of a European banking union, referring to
A U.S.-based rights group that has long encouraged the global lender to take such action claims that the World Bank has discontinued funding for a
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