WebWire | News by Industry : Banking / Financial Services

Netherlands: Regional bus transport goes green with European backing

Wed, 24 Jun 2026 11:06:12 EDT

- - • Qbuzz benefits from a €70 million loan from the European Investment Bank (EIB) supporting the operation of 275 electric buses and related charging infrastructure. - • The electric buses have replaced diesel-powered vehicles to cover regional routes in the province of Zuid-Holland. - • Apart from cutting carbon emissions, the buses also support European climate goals by increasing the availability of sustainable public transport to disincentivise private car use. - - - The EIB su...

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Ardian and Lamar Development acquire 10,000 sqm building on Calle Alcal� 38-40, Madrid

Mon, 22 Jun 2026 10:59:22 EDT

Ardian, a global private investment firm, and Lamar Development, a real estate developer with presence in the Gulf and Europe, announced the joint acquisition of a prominent office building located on Calle Alcal� 38-40, in the heart of Madrid's city centre. - - The asset dates back to 1880 and features a total area of ca. 10,000 sqm distributed across seven floors with a private courtyard garden on the ground floor and a rooftop terrace. The property occupies a prime location on Calle Alca...

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Stingray Announces $15.4 Million Share Buyback

Mon, 22 Jun 2026 10:55:54 EDT

Stingray Group Inc. (“Stingray” or the “Corporation”) (TSX: RAY) announced that it has entered into a private agreement with CDP Investissements inc., a subsidiary of La Caisse for the repurchase for cancellation of 1,000,000 Subordinate Voting and Variable Subordinate Voting Shares of Stingray held by La Caisse at a price of $15.40 per share, for a total consideration of $15.4 million. The repurchase price represents a discount of 5.1% to the closing price of the shares on the Toronto Sto...

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Standard Chartered H2 2026 Global Market Outlook: Navigating Shifting Sands

Mon, 22 Jun 2026 08:25:37 EDT

Standard Chartered (“the Bank”) Wealth Solutions Chief Investment Office (CIO) has released its Global Market Outlook for the second half of 2026, outlining its investment strategy and key themes as investors navigate a more complex and evolving market environment. - - The Bank's CIO expects risky assets to remain supported by a soft-landing macro backdrop, even as investors face increased volatility across energy prices, equity supply, investor positioning and central bank policy. Agains...

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Transactions carried out as part of a share buyback program and outside of a liquidity contract

Mon, 22 Jun 2026 02:55:00 EDT

These shares have been acquired to honor obligations related to long-term incentive plans for corporate officers and senior employees. The long-term incentive plans, which are conditional on presence and performance, were set up with the aim of involving Group key managers in the success of its strategic plan. - - Name of the issuer: Orange (LEI: 969500MCOONR8990S771) - - References of the share buyback program: A description of the program authorized by the Shareholders' General Meeting...

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XRPPower Launches Enhanced Digital Asset Management Platform to Support Global Users in 2026

Thu, 18 Jun 2026 20:10:20 EDT

As the global digital economy continues to evolve, individuals and businesses are increasingly seeking more efficient ways to manage digital assets. Industry analysts note that technological innovation, security, and transparency are becoming key factors influencing user adoption across the digital asset sector. - - In response to these trends, XRPPower has announced a series of platform enhancements designed to provide users with a more streamlined and secure digital asset management e...

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Standard Chartered China is among the first foreign banks to sign CBETS Direct Participant Agreement

Thu, 18 Jun 2026 08:38:33 EDT

Standard Chartered Bank (China) Limited (“SCB China”) announced the signing of Cross-border e-CNY Transfer Services (CBETS) Direct Participant Agreement with e-CNY Centre International Co. Ltd, which is established and managed by the Digital Currency Institute of the People's Bank of China which is responsible for building and operating the cross-border and blockchain infrastructure for digital RMB. We are among the first foreign banks to sign the CBETS agreement. - - CBETS serves as a di...

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Blackstone Launches SablePointe Credit Strategies to Expand Origination Capabilities Across Asset-Based Lending and Specialty Credit Markets

Thu, 18 Jun 2026 08:34:47 EDT

Blackstone Credit & Insurance (“BXCI”) today announced the launch of SablePointe Credit Strategies (“SablePointe”), a new platform supporting origination, underwriting, and portfolio management in asset-based lending. SablePointe has hired James Garlick, former co‑founder of Wingspire, as President to lead its buildout and strategic growth. - - Headquartered in Alpharetta, Georgia, SablePointe will support BXCI as it sources, structures, and manages senior secured asset-based and f...

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I Squared Capital and U.S. International Development Finance Corporation Launch $3 Billion Platform to Develop Critical Energy Infrastructure Across the Indo-Pacific

Wed, 17 Jun 2026 13:25:54 EDT

I Squared Capital (“I Squared”), a leading global infrastructure investor, is pleased to announce plans to form a strategic partnership with the U.S. International Development Finance Corporation (“DFC”) to establish a new $3 billion investment platform focused on developing critical energy infrastructure in South and Southeast Asia. I Squared managed vehicles will look to commit a total of $1.5 billion from I Squared and an additional $1.5 billion from DFC to establish the platform which...

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ING appoints Hilde Garssen to the Management Board Banking

Wed, 17 Jun 2026 13:19:18 EDT

ING announced that Hilde Garssen will be appointed to the Management Board Banking (MBB) as chief human resources officer (CHRO), effective 1 September 2026. Hilde is currently chief people officer and a member of the Board of Management at KPN. She will succeed Ruth McGill, who left ING in November 2025. Isaac Vitini has overseen the CHRO role on an ad interim basis since then. - - The addition of the CHRO to the MBB reflects the increasing importance of our people and culture in our str...

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CaixaBank, Banco Santander and BBVA launch FrauDfense Check to strengthen the fight against financial crime across the sector

Wed, 17 Jun 2026 09:48:02 EDT

- - • CaixaBank, Banco Santander and BBVA through their joint company FrauDfense, announced the launch of FrauDfense Check, the company's first-live operational service. It is open to participation from the entire Spanish financial sector and marks a milestone in the fight against financial crime. - - • The service is launched following a pilot phase that demonstrated its capacity to detect millions of euros in fraud, supported by a high-performance technology platform. - - - - Frau...

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Photon AI Announces $124M Target Series A To Build Africa's Sovereign AI Infrastructure

Mon, 15 Jun 2026 20:58:54 EDT

Photon AI today announced the launch of a $124 million Series A fundraising round to build vertically integrated AI infrastructure across Africa — spanning compute, foundation models, and autonomous cybersecurity. The company argues that the architecture of existing AI systems structurally disadvantages African users. It is building an alternative from scratch. - - The problem is in the code - - AI is no longer just software. It is becoming the underlying layer of modern economies —

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Egypt and EU join forces on €690 million clean-energy grid investment

Mon, 15 Jun 2026 10:56:05 EDT

Egypt and the European Union are deepening their strategic partnership in the field of renewable energy with a financing package of up to €690 million to upgrade and expand the Egyptian electricity network. The package combines a €600 million loan from the European Investment Bank's development arm, EIB Global, with up to €90 million in grants by the European Commission. - - Led by the state-owned Egyptian Electricity Transmission Company (EETC), this project aims to integrate a total of 22...

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Barclays to acquire GoHenry, a money management platform for 6-18 year olds

Mon, 15 Jun 2026 10:25:51 EDT

Barclays PLC (“Barclays”)1 announces that Barclays Bank UK PLC (“Barclays UK”) has entered into an agreement to acquire GoHenry, operating through GoHenry Limited 2 (“GoHenry”) (the “Transaction”) from Acorns Grow Incorporated (“Acorns”). Completion of the Transaction (“Completion”) is expected to occur in Q4 2026, subject to certain regulatory approvals and other conditions. - - GoHenry's digital platform allows UK children to learn to earn, save, spend and invest through a purpose-built...

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Wolters Kluwer leads the next era of tax and accounting

Mon, 15 Jun 2026 10:15:34 EDT

The tax and accounting profession is at a critical inflection point, driven by talent constraints, increasing regulatory complexity, and rising client expectations for more strategic, advisory-led services. As firms look to move beyond automation toward intelligence that can proactively manage and advance work, agentic AI is emerging as a defining capability. Wolters Kluwer Tax & Accounting is leading this shift, helping firms reimagine how work gets done through connected, AI-powered wo...

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UKRI backs Midlands Mindforge to deploy first spinout investments

Mon, 15 Jun 2026 04:30:45 EDT

Marking a major milestone in scaling high‑potential, research‑led businesses emerging from the Midlands, this will help unlock an initial £30 million of capital into the region. - - This active investment stage follows support from UK Research and Innovation (UKRI) (through Research England) along with the: - - - • Mayors of the East and West Midlands - • Rigby Group - • Department for Science, Innovation and Technology (DSIT) via the Invest in UK University Research and Developm...

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Aon Appoints Simon Hawkins to Executive Managing Director on Global Legacy Team

Fri, 12 Jun 2026 10:04:36 EDT

Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Simon Hawkins as executive managing director for Reinsurance within the global legacy team, joining later this year. - - In this role, he will advise clients on complex legacy and run‑off transactions, supporting the delivery of innovative capital advisory solutions across global markets. He joins an experienced global legacy team and will work closely with regional hubs for capital...

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Broadcom, Apollo, and Blackstone Establish Landmark Strategic Platform to Accelerate More Than 20 Gigawatts of Global AI Deployments

Thu, 11 Jun 2026 09:56:05 EDT

Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, announced the establishment of the AI XPV Platform with Apollo (NYSE: APO) and Blackstone's (NYSE: BX) Credit & Insurance Business as initial anchor investors. The Platform is designed to enable more than 20 gigawatts in compute capacity using Broadcom's XPUs and networking solutions customized for leading frontier AI labs, including Anthropic a...

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Standard Chartered PLC announces a change to its board

Thu, 11 Jun 2026 09:51:18 EDT

Standard Chartered PLC (the “Company”) announces the appointment of Mr Tanate Phutrakul (aged 61) as an independent non-executive director of the Company with effect from 1 July 2026. Tanate will join the Audit and Board Risk Committees from the same date. - - Tanate is a highly experienced international banker and former Group Chief Financial Officer and member of the Executive Board of ING Group, a company listed on Euronext Amsterdam and the New York Stock Exchange. He brings deep e...

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Quantova Opens Post-Quantum Blockchain Infrastructure to Developers as Industry Confronts Accelerating Quantum Computing Threat

Thu, 11 Jun 2026 09:50:30 EDT

Quantova, a post-quantum Layer-1 blockchain network approaching testnet launch, today published its complete developer documentation and significantly expanded its public GitHub repository, making quantum-resistant blockchain infrastructure directly accessible to developers and institutions for the first time. The release follows a period of accelerating concern across the technology and financial industries as quantum computing research compresses the estimated timeline for breaking the e...

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Banking, but make it extra

Wed, 10 Jun 2026 15:26:16 EDT

Zero ATM fees abroad, airport lounge access, insurance protection, multiple accounts, free investment trades, and FX transfers. These are some of the many features behind ING's new global subscriptions model, which combines everyday banking services with additional convenience and lifestyle benefits. Customers can choose one of four plans – ING Go, ING More, ING Extra or ING Max – starting with ING Go for everyday banking, with the flexibility to upgrade over time. - - Everyday essentials,...

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Aviva stops record levels of claims fraud as scams become more sophisticated

Wed, 10 Jun 2026 08:55:34 EDT

- - • Across all Aviva brands including Direct Line, more than 18,400 suspect claims worth £233m were uncovered in 2025 - or £638,000 of fraud detected every day - • This is the first year Aviva has reported combined fraud figures including Direct Line brands - • Ghost broking rose 7%, part of more than 105,000 fraudulent insurance applications stopped by Aviva - • Fraudsters increasingly using AI generated images and documents - • 37 years of custodial and suspended sentences were secured i...

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Launch of the seventh “No home without food” campaign, sponsored by the “la Caixa” Foundation and CaixaBank

Tue, 9 Jun 2026 08:15:55 EDT

The Spanish Federation of Food Banks (FESBAL), together with the “la Caixa” Foundation and CaixaBank, is calling for participation in this initiative, which begins on Tuesday 9 June and aims to ensure proper nutrition for families who rely on food banks. Since 2020, the campaign has raised over €13 million across the country and collected more than 12,500 tonnes of essential food items. - - In 2025, in Spain, around 10 million people (19.5% of the Spanish population) were at risk of poverty...

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Barclays backs UK AI Innovation with investment in CommonAI

Tue, 9 Jun 2026 08:09:38 EDT

- - • Barclays invests in CommonAI fuelling further growth of its AI engineering platform - • The investment supports the growth of the UK's AI capabilities, focused on developing trusted, domestic AI infrastructure - • CommonAI launches programme focused on High Assurance, developing AI systems for highly regulated and essential environments such as financial services - - - Today, Barclays has announced an investment in CommonAI, supporting the acceleration and development of artific...

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TPG-Led Investor Group Acquires Grocery-Anchored Retail Leader ECHO Realty

Mon, 8 Jun 2026 17:09:59 EDT

TPG Real Estate (“TPG”) announced the acquisition of ECHO Realty (“ECHO”), a full-service owner and operator of best-in-class grocery-anchored retail real estate, in a transaction valued at approximately $2 billion. The transaction was led by TPG in partnership with leading global investment groups, including PSP Investments, La Caisse, and Norges Bank Investment Management. - - ECHO owns and operates approximately 230 retail centers located across key Midwest and Southeast U.S. markets, an...

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UK innovation firms plan to scale at home despite procurement delays slowing routes to revenue

Mon, 8 Jun 2026 10:17:18 EDT

- - • 56 per cent of UK innovation firms are planning next major phase of growth in the UK - • 71 per cent are upbeat about their own business prospects - • Computer hardware and defence-focused firms report highest increase in cash inflows into Barclays accounts amongst Tech and Innovation businesses - • This is despite sales being slowed by delays, with 54 per cent citing longer procurement timelines and 56 per cent experiencing legal, compliance and security barriers - • Meanwhile 90 per ce...

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HearstLab & Fitch Learning Take Major Stake in Founderz To Launch Strategic AI Partnership To Help Close Industry Skills Gap

Mon, 8 Jun 2026 10:12:29 EDT

Fitch Learning, the global leader in financial services education, and Founderz, Europe's premier AI business school, announced a strategic partnership that will provide learners worldwide with innovative, personalized training that combines Fitch's deep expertise in financial services education with Founderz's award-winning, multilingual AI learning platform and global community reach. - - The partnership is underpinned by a strategic investment in Founderz by HearstLab, a Hearst ...

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EU implements Palestine facility with $395 million for local banks and €2.1 million in technical assistance

Mon, 8 Jun 2026 10:06:16 EDT

- - • The European Investment Bank (EIB) and the European Commission are launching the implementation of the €400 million facility announced in October 2025 by making available up to $395 million for Palestinian micro, small and medium sized enterprises (MSMEs). - • The funds will be channelled through Bank of Palestine, The National Bank, Quds Bank, Cairo Amman Bank and Palestine Investment Bank to expand access to credit through local financial intermediaries. - • The package also inc...

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Standard Chartered appoints Edward McBride as Global Head, Consumer & Retail, M&A Advisory

Mon, 8 Jun 2026 10:00:34 EDT

Standard Chartered announces the appointment of Edward McBride as Global Head, Consumer & Retail, M&A Advisory, effective today. - - Based in London, Edward will report to Rajesh Singhi, Global Head, M&A Advisory. - - In his new role, Edward will help drive the growth of Standard Chartered's global consumer and retail advisory franchise, deepening client relationships and enhancing the Bank's ability to deliver complex, cross-border transactions across its global network. His appointment r...

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Barclays highlights gambling support ahead of a summer of sport

Fri, 5 Jun 2026 09:41:16 EDT

With the FIFA World Cup kicking off on 11 June, Barclays is encouraging customers to feel more in control of their spending as excitement around a summer of sport grows. - - For many, a flutter adds to the fun. But for some it can go further than planned, sometimes dangerously so. With that in mind, Barclays is encouraging customers to make use of its simple in‑app tools to manage their spending this summer. - - Barclays data shows gambling activity increases around major sporting...

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Aviva expands ChatGPT app to life insurance applications

Thu, 4 Jun 2026 09:45:31 EDT

Aviva has expanded its ChatGPT app to allow customers to obtain an initial life insurance quote. - - The development builds on Aviva's Chat GPT launch in April which enables customers to receive a quote for its home insurance Signature policy. - - Customers can enter their details into the app to generate a quote with their information pre-populated into the Aviva journey. Any customers who wish to proceed with cover will complete their application and purchase on the Aviva website. - - Th...

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Hospitality and leisure sector boosts investment in the experience economy despite rising costs

Thu, 4 Jun 2026 09:39:26 EDT

Barclays' new Hospitality & Leisure (H&L) report reveals that businesses are continuing to invest and expand, particularly in providing experience-led offerings, even as rising costs and geopolitical uncertainty impacts confidence and consumer spending. - - Anonymised Barclays' client data from 73,000 UK Hospitality & Leisure (H&L) businesses, combined with Business Prosperity research from 500 industry leaders and 2000 consumers shows how the sector is adapting quickly to harness custome...

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Are You Ready to Buy a Home? Most Prospective First-Time Buyers Aren't and Don't Know It

Wed, 3 Jun 2026 11:00:24 EDT

For many Americans, buying a home is the largest financial commitment they will ever make. But with the annual homebuying season kicking into full gear, a new Wells Fargo quiz reveals a troubling knowledge gap: most would-be buyers don't understand some basic facts about purchasing a home. - - Develop by Wells Fargo and conducted nationwide by Ipsos, the Ipsos‑survey tested more than 2,000 aspiring first‑time homebuyers on fundamental mortgage topics including budgeting, inter...

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Nippon Life Insurance Company Enters into Strategic Partnership with Blackstone

Wed, 3 Jun 2026 10:22:05 EDT

Nippon Life Insurance Company (“Nippon Life”) has entered into a memorandum of understanding for a comprehensive strategic partnership (the “Strategic Partnership”) with Blackstone (“Blackstone”) to provide investment management services in the private credit and real estate sectors. - - Blackstone is the world's largest alternative asset manager with over $1.3 trillion in assets under management and globally leading platforms in private credit and real estate. - - Through this Strategic Par...

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Rick Hansen Foundation, RBC and RBC Foundation Announce 40 Recipients of the RBC Barrier Buster Grants Program

Wed, 3 Jun 2026 10:18:29 EDT

- - • Forty communities across Canada -- including municipalities, schools and community groups -- will each receive grants of up to $40,000 to fund physical accessibility improvements through RBC Barrier Buster Grants Program. - - • Over half (64 per cent) of Canadians have a disability or live with or take care of someone who does -- making this program relevant to the majority of Canadian households. - - - - Traditional territory of the xʷməθkwəy ̓əm (Mus...

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“Future Walking” by Rafael Manzon is Now an International Bestseller

Tue, 2 Jun 2026 14:27:39 EDT

Best Seller Publishing is proud to announce the International Bestselling status of “Future Walking: D�j� Vu for Money, Health, and Happiness” by entrepreneur, strategist, and thought leader Rafael Manzon. In celebration, the eBook will be available for.99 cents for the month of June. - - What if the biggest problems in your life weren't random? What if the warning signs for financial setbacks, health struggles, and emotional burnout were already showing up long before the crisis arrived...

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Barclays calls for refocussed UK strategy to attract global capital

Tue, 2 Jun 2026 09:49:20 EDT

Today, Barclays has published a report calling for a refocussed UK foreign investment strategy to strengthen its position as a global investment hub, helping to deliver an investment-led growth model by attracting more high-quality international capital. - - “Building an investment-led growth model: A new blueprint for attracting global capital into the UK” examines how while Foreign Direct Investment (FDI) still plays a core role in driving growth and productivity in the UK, supporting the...

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Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion

Tue, 2 Jun 2026 09:36:59 EDT

Blackstone (NYSE: BX) today announced the final close of Blackstone Capital Partners Asia III (“BCP Asia III”) at $13.1 billion, exceeding its $10 billion target and marking the firm's largest private equity fundraise in the region. The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy's first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle. - - Joe Baratta, Global Head of Black...

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RBC Investor Services surpasses $3 trillion assets under administration with strong momentum in Canadian market

Tue, 2 Jun 2026 09:33:14 EDT

RBC Investor Services (RBCIS), a Canadian leader in asset servicing, reached C$3.1 trillion in assets under administration in Q2 2026, up 15% year over year. The milestone reflects the momentum of RBCIS's strategic focus and commitment to the Canadian market to win for its clients, employees and RBC. - - “Our clients are navigating a complex world, and they need a partner who understands and anticipates the road ahead,” said Claire Johnson, Chief Executive Officer, RBC Investor Services. ...

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Oracle, Related Digital, Blackstone, OpenAI, Walbridge and Governor Whitmer Celebrate Construction of Stargate Campus in Saline Township

Tue, 2 Jun 2026 09:08:10 EDT

Oracle, Related Digital, Blackstone, OpenAI, Walbridge, and Governor Gretchen Whitmer celebrated construction of The Barn, the multi-billion-dollar Stargate data center campus under construction in Saline Township, which is the single largest economic investment in Michigan's history. The financing for the project includes equity from Related Digital, funds affiliated with Blackstone, and fixed-rate, long term debt financing anchored by PIMCO-managed funds and accounts. The project team wa...

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Papua New Guinea to expand drinking-water networks with $25 million in financing from EIB Global

Tue, 2 Jun 2026 09:01:07 EDT

- - • EIB Global provides Papua New Guinea with €25 million concessional loan combined with a €16.4 million financial contribution by the European Union to increase availability of drinking water countrywide. - • Project to deliver potable water to extra 400,000 people in the country. - • This project is part of Global Gateway, the EU's external investment strategy for sustainable development. - - - EIB Global, the development arm of the European Investment Bank (EIB), is providing $2...

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Visma's Inexchange emerges as Europe's leading e-invoicing solution

Mon, 1 Jun 2026 13:56:07 EDT

Visma, a global provider of mission-critical business software, announces the merger of four of its Nordic companies - Inexchange, Maventa, mySupply and efacto - to create one of Europe's leading providers of e-invoicing solutions. - - Uniting under the Inexchange brand from 1 October 2026, the combined organisation will spearhead Visma's most significant commitment to the e-invoicing category to date. By bringing together complementary strengths in technology, customer reach, and regulator...

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I Squared Capital Launches U.S. AI Inference and Edge Colocation Data Center Platform

Mon, 1 Jun 2026 13:53:21 EDT

I Squared Capital (“I Squared”), a leading global infrastructure investment manager, announced that it has entered into a definitive Purchase and Sale Agreement to acquire a portfolio of ten data center facilities from Cogent Fiber, LLC, an indirect wholly owned subsidiary of Cogent Communications Holdings, Inc. (NASDAQ: CCOI), for $225 million in cash. - - The acquisition will seed a new U.S. data center operating platform focused on colocation, high-density deployments, and AI inference i...

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Americans Are Paying More at the Pump–But Buying Less Overall, Rocket Money Study Reveals

Mon, 1 Jun 2026 13:48:32 EDT

- - • The average Rocket Money user spent 29% more on gas in early May than in early February, and 34% more than a year ago. Gas prices rose nearly twice as much, though, signaling that drivers are getting by on less fuel. - • Overall spending among Rocket Money users increased just 2.9%, suggesting that the Iran war and rising fuel prices are cutting into household budgets in other areas. - • Drivers in Arkansas and Oklahoma saw some of the biggest surges in their gas bills, with the...

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Indosuez Wealth Management in Monaco, partner of the Monaco Blue Initiative and the Blue Economy & Finance Forum 2026

Mon, 1 Jun 2026 06:46:28 EDT

CFM Indosuez, the leading wealth management bank in the Principality, alongside Cr�dit Agricole CIB and Cr�dit Agricole S.A., renewed its partnership with the Monaco Blue Initiative and the Blue Economy & Finance Forum, which will take place in Monaco from 27 to 29 May 2026. Organised by the Prince Albert II of Monaco Foundation and the Oceanographic Institute, these international events bring together decision-makers, scientists, investors and key figures from the worlds of finance and ph...

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Ennov Announces Strategic Growth Investment from Bregal Sagemount and Ardian

Mon, 1 Jun 2026 06:41:55 EDT

Ennov (the “Company”), a global provider of end-to-end regulatory, quality, and clinical software solutions for life sciences and healthcare companies, announced a strategic growth investment led by Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, with participation from Ardian, a global private investment firm. The investment will support the Company's continued expansion, with a focus on AI innovation, global go-to-market acceleration, and scaling its product...

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SAS launches its own business credit card program

Fri, 29 May 2026 11:47:34 EDT

The new program marks a significant milestone for SAS as the company develops and operates its own business credit card under the SAS EuroBonus umbrella. It positions SAS among the first global airline loyalty programs to launch a business offering enabled by embedded finance infrastructure, with SAS taking ownership of the customer experience and value proposition, alongside trusted financial partners - - “This program is built with a simple purpose: to make everyday business life easier...

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Standard Chartered appoints Shebani Baweja as Group Chief Data Officer

Fri, 29 May 2026 08:44:14 EDT

Standard Chartered today announced the appointment of Shebani Baweja as Group Chief Data Officer (CDO) with immediate effect. Shebani will be reporting to Alvaro Garrido, Chief Operating Officer for Technology & Operations (T&O) and Chief Information Officer for Information Security & Data, and will be based in Singapore. - - As Group CDO, Shebani will lead the Group Data Office and continue to shape the Bank's data strategy, setting the direction for how data is governed, managed and used...

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Apogee Therapeutics Announces $1.3 Billion Strategic Financing Collaboration with Blackstone Life Sciences to Advance Phase 3 Development and Commercialization of Zumilokibart

Fri, 29 May 2026 08:42:57 EDT

Up to $1.3 billion in flexible, non-dilutive capital, including up to $800 million of synthetic royalty and access of up to $500 million in senior corporate debt - - Combined with company's current total cash of $1.3 billion, this transaction positions Apogee to achieve a self-sustainable financial profile through commercialization of zumilokibart without need for future equity financing - - Apogee to host webcast with the APEX Phase 2 Part B results - - Apogee Therapeutics, Inc. (Nasd...

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Main Source Funding Highlights the Importance of Simplicity in a Complex Debt Relief Landscape

Wed, 27 May 2026 21:53:26 EDT

Main Source Funding, a national debt consolidation loan provider, highlights what it sees as a critical and underserved need in the consumer lending market: simplicity. In a space crowded with complex products, confusing terminology, and competing claims, the company is building its brand around a straightforward premise, making debt relief easier to understand, easier to pursue, and easier to sustain. - - The debt relief industry in the United States is large, fragmented, and often difficu...

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Iconic Launches AI-Powered M&A Platform to Unlock $5 Trillion in Small-Business Wealth

Wed, 27 May 2026 11:20:15 EDT

Iconic, a tech-enabled M&A advisory firm, today launched publicly with a purpose-built AI system that cuts deal time in half and gives small-business brokers the infrastructure to build scalable, six-figure practices serving Main Street. The company is entering the market at a critical inflection point: nearly 6 million U.S. small businesses are expected to change hands by 2035, representing an estimated $5 trillion in generational wealth — most of which is currently at risk due to a broke...

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BBVA Participates in the Validation of Project Agor�'s Tokenized Cross-border Payments Model

Wed, 27 May 2026 10:06:46 EDT

Agor� has demonstrated the potential of blockchain and programmable technologies to improve the efficiency of international corporate payments while preserving the safety and integrity of the transactions. BBVA is participating in the project along with central banks and more than 40 international financial institutions. The project has validated the feasibility of conducting settlements across currencies and jurisdictions using tokenized central bank reserves and tokenized commercial bank...

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UK businesses accelerate cyber and AI investment amidst geopolitical tensions

Wed, 27 May 2026 09:23:03 EDT

Barclays' Q1 2026 Business Prosperity Index 1 reveals that the vast majority of UK businesses (85 per cent) remain confident in the strength of their business, despite 80 per cent reporting a negative impact from the Middle East conflict. Businesses are doubling down on technology investment, with rising AI investment now matched by a sharp increase in cybersecurity spending. - - Key findings from the Q1 Index show: - - - • Geopolitical tensions continue to weigh on sentiment, with one...

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Ardian and iCapital Expand Distribution of Ardian Access Evergreen Strategies Through Leading Global Fund Platforms

Tue, 26 May 2026 11:30:18 EDT

Ardian, a global private investment firm, and iCapital 1, the global fintech company shaping the future of investing, announced the continued expansion of their partnership with the broader availability of the Ardian Access SICAV suite of evergreen 2 private markets strategies 3 through leading global fund platforms, including Allfunds, Clearstream and Euroclear Fundsplace. - - Building on a partnership that began in 2022, Ardian and iCapital have worked closely to design, structure, serv...

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Angola, Burundi, Ethiopia and Zambia among countries benefiting from €10 million in EIB Global support for primary healthcare

Tue, 26 May 2026 10:09:36 EDT

- - • EIB Global provides €10 million to support the provision of technical assistance, catalysing potential investments into bankable projects in Sub-Saharan countries - • The support is delivered through the Health Impact Investment Platform (HIIP), an initiative of EIB Global, Islamic Development Bank and World Health Organisation. - - - EIB Global, the European Investment Bank's development arm, has committed €10 million for a technical assistance programme aimed at supporting sub-...

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Are you a natural born investor?

Tue, 26 May 2026 09:31:50 EDT

- - • Six in ten (61%) [1] think some people are just “born investors” - - • Four in ten investors (42%) [1] would change how they managed their investments - • A quarter (23%) [1] admit they have made decisions they regret - • Two thirds (66%) [2] say they are interested in changing their attitude - - - New research from Aviva reveals that many UK adults believe investing is something that comes naturally, rather than a skill that can be learned. Six in ten people surveyed (61%) t...

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Renault Group successfully issues dual-tranche Samurai bonds for a nominal amount of ¥159 billion

Tue, 26 May 2026 01:51:25 EDT

Renault Group announces the successful issuance of dual-tranche Samurai bonds for a total nominal amount of ¥159 billion. The transaction is structured as follows: - - - • a tranche dedicated to retail investors for an amount of ¥100 billion, maturing in 2030 and carrying a coupon of 3.02%; - • a tranche dedicated to institutional investors for an amount of ¥59 billion, maturing in 2030 and carrying a coupon of 3.02%. - - - This transaction represents Renault Group's inaugural issuanc...

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Rockfield and ABP invest in affordable housing for students and starters

Mon, 25 May 2026 12:55:23 EDT

Rockfield Real Estate and Pension fund ABP are set to develop affordable and sustainable housing for students and young professionals in the Netherlands. With initial capital of €350 million, the parties aim to build more than 2,000 homes in Dutch student cities over the coming years. The investments will be made through the newly established Student & Starter Social Living Venture (SSLV). Students & starters Almost all Dutch student cities face a structural shortage of affordable housi...

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Ardian, Artefact, Bull, EDF, Capgemini, the iliad Group, Orange and Scaleway combine their expertise to run as a candidate for a European AI Gigafactory in France

Mon, 25 May 2026 11:12:16 EDT

In the coming years, the competitiveness of EU economies will directly depend on their ability to access massive computing power that is available, affordable and sovereign. The challenge is industrial, financial and strategic: enabling European companies to train, deploy and operate their AI models under controlled conditions in terms of performance, cost and sovereignty. - - This is precisely the aim of the project put forward by the AION consortium. - - Mobilizing French excellence to bu...

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