Finance sector

Calling it "code red" for humanity, half the world faces calamities such as droughts, floods and dirty water, says the director of one of the largest independent consultancy and financial advice to the world. He is convinced that…

Climate change threatens the stability of the global economy, but the financial sector remains far behind on the climate progress needed to mitigate it. To accelerate the scale of this progress, the industry must take full advantage of the…

Islamic finance industry looking for growth in new areas. London: Global Islamic finance industry watchers predict significant growth in Sharia-compliant environmental and social governance…

The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index showed overall new business volume for May was $9.4 billion, up 16% year-on-year. the other relative to the volume of new business in May 2021.ELFAThe…

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By Dan Middleton, Regional Vice President for UK & Ireland at Veeam Over the past decade, two big changes have taken place in the way companies create, deploy and use digital technology. The first is the consumerization…

When Alison Mirams started construction in 1998, she was often the only woman on the site and had to walk down the road to find a toilet. Today, she's CEO of construction company Roberts Co, tackling some of the toughest…

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Monday, falling 5.60% to $25,767.27 as of 8:30 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,356.23, falling 5.45%,…

Speaking at Money20/20 Europe, one of the biggest fintech events in the world, is always a privilege. This is an opportunity to reflect together and discuss the most pressing fraud trends in the financial sector and together find the best…

Background 1.1 Financial services firms and financial market infrastructure firms (“firms”) increasingly rely on third parties outside the financial industry for key functions or services (e.g. cloud computing services ) through…

People walk along the bank of the River Thames outside the City of London's financial district in London, Britain, May 18, 2022. UK banks, insurers and lobbyists have donated 15 million…

By Kao Shih-ching / Staff Reporter Yuanta Financial…

BSO, a global infrastructure and connectivity provider, has revealed new research revealing a "resilience paradox", suggesting that financial institutions have come to tolerate poor cloud connectivity experiences. Almost all IT…

How big is BigTech in financial services? In India, fintech has entered ventures that go beyond the scope of a single regulator. The most popular are in the…

Marhaba DeFi Network (MRHB), an ethical Muslim-focused decentralized finance platform, has started providing non-fungible token (NFT) minting for what it calls the “world’s first halal compliance certifications.” Hosted on the MRHB's…

The financial services industry is a "story of stability" as there has not been a major financial crisis since 2008, according to a report by US consultancy Oliver Wyman. He published The State of the Financial Services Industry 2022 which…

Despite the advent of hybrid working, new figures suggest that a large number of financial services and banking professionals are considering leaving the sector due to the high pressure. The study, by LemonEdge, a digital accounting…

The Bank first announced its intention to introduce a mandatory and uniform stress testing regime for the sector in 2019 and delivery progressed to the original schedule despite Covid-19. The Bank was finally…

According to the latest Bridging Trends report, total bridge loan transactions for the first quarter amounted to £156.78m, a significant increase of around 8.5% on the same period. last year. Evidence suggests that more borrowers than…

May 19, 2022 Herbert Smith Freehills…

The LCIA released its annual case report for 2021, showing that disputes in the banking and finance sector represented the largest industry sector in the LCIA in 2021, surpassing disputes related to energy and resources. The 2021 Report…

The report, titled "Delivering a Net Zero Financial Centre: Recommendations from the UKSIF Net Zero Survey”, comes in response to the government's pledge at last year's COP26 conference for the UK to become the world's first net zero…

Migration to the cloud is well underway in the world of finance and accounting. Finance executives are recognizing the benefits of cloud-based enterprise solutions, enabling them to become more agile and flexible. These solutions improve…

- For the second year in a row, 100% of Boeing deliveries were financed by third parties, with the main sources of financing for deliveries coming from treasury, capital markets and sale-leasebacks.- Capital markets continued to play a key…

London has long dominated the UK's financial landscape, and new research is bolstering its reputation as the best city to build a career in financial advice. However, Cardiff and Glasgow show that England is not the only region where…

Over the past year, several companies have announced ambitious plans to each hire hundreds of employees in Connecticut. Financial services are arguably the main driver of this surge. Mirador and other fast-growing companies…

By Lee Daniels, JLL Workforce Manager, EMEA Last September, financial services specialists joined forces to create the Group for Autism, Insurance and Neurodiversity (GAIN) to champion the world of neurodiversity and…

The Swiss financial industry: a little less important than ten years ago, but still a big pillar of the economy. Keystone / Gian Ehrenzeller The contribution of the Swiss financial sector to the country's gross domestic…

According to VMware's latest Modern Bank Heists report, ransomware is plaguing financial institutions as they face increasingly complex threats in previous years due to the changing behavior of cybercriminal…

Shifting financial flows at scale is key to achieving the transformations needed to reach net zero Published Tuesday, April 12, the initiative latest guidance document "represents the first step in the…

Qatar has made efforts to support the Islamic fintech ecosystem. Highlighting the role of technology in Islamic finance at an online event, experts said fintech companies have an important role to play as they bridge the gap in the…

GCC governments have the potential to unlock $2 trillion in cumulative contribution to GDP (gross domestic product) and over a million jobs in addition to foreign direct investment in sustainable industries through green finance, said…

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The country's first green finance taxonomy was released following a two-year consultation process. South Africa has its first green…

WTW has announced the appointment of Joe Noss as Senior Director of Finance at the…

Travis Toews, President of the Treasury Board and Minister of Finance for Alberta, said, "The world of finance is changing rapidly, and our government understands that we need to partner with business if Alberta is to stay ahead of the…

SINGAPORE - Customer satisfaction here with the financial sector improved 1.2% year-on-year in the fourth quarter of last year to 74.8 points out of a possible 100. The findings were part of a national customer satisfaction survey that the…

WTW, a global advisory, brokerage and solutions company, has appointed Joseph Noss as Senior Director, Financial Sector, within the firm's Climate and Resilience Hub (CRH), where he will be based in London. In his new role, Noss will lead…

“This legislation is a game-changer for our industry,” added Koleya Karringten, Executive Director, Canadian Blockchain Consortium.. "This shows that Alberta is leading the way as a destination for blockchain technology and innovation.…

When most people hear the term financial services industry, the first thing they are likely to think of is the hustle and bustle of Wall Street. But the industry is not limited to stock trading, investment services and big banks. In…

The financial services sector is often considered one of the most traditional industries. However, it is also one of the fastest, making it an ideal candidate for digital transformation. In fact,…

During the recent meeting of the Standing Committee of the National Assembly, a delegate raised the issue of the management of e-commerce activities, saying that e-commerce is a trend and has developed rapidly. Many people use e-commerce…

Turkish President Tayyip Erdogan addresses members of parliament from his ruling AK Party (AKP) during a meeting at the Turkish parliament in Ankara, Turkey, January 15, 2019. REUTERS/Umit BektasJoin now for FREE unlimited access to…

The global economy has gone through turbulent times over the past two years. The COVID-19 pandemic has wreaked havoc and posed a medical risk to the entire world. Consequently, the financial downturn that emerged from the panic hit the…

The explosive growth of the decentralized finance sector could slow, according to Morgan Stanley…

Currency controls have been one of the main areas. It is to understand the guarantee of the hustle and bustle of Big Data. The rush of innovation that came with it – including AI. Computer intelligence is an integral asset.…

Leading auto finance provider, JBR Capital, is proud to announce a new sustainability initiative that will significantly reduce the environmental impact of its customers' cars.Leading the automotive finance sector through the establishment…

The financial sector has been told to step up surveillance of all customers linked to Russia or Belarus, due to an "increased risk" of money laundering and financing of terrorism or weapons of mass destruction. In a joint statement,…

By Dominique Norton, Sales Manager, Spitfire Network Services Limited Over the past couple of years, organizations of all shapes and sizes have faced the challenges that COVID has inflicted on us all. Companies in the…

Trust and Business Services staff at JTC's Douglas office have raised £6,500 to support the work of the Island Family Library. The fundraising efforts were part of the group-wide 'Maximizing Potential' initiative, which saw more than 1,000…

The archipelago is seeking to become an Islamic finance hub for South Asia, but needs more legislation and the country's half-million Muslims to embrace Islamic banking. The Maldives…

By Federica Urso(Reuters) - It will take 30 years for the number of women employed in senior management in Britain's financial sector to reach parity with men at the current rate, a British government-backed initiative said on Monday as it…

Workers cross London Bridge during the morning rush hour, on the anniversary of Britain's first coronavirus disease (COVID-19) lockdown, in London, Britain, March 23 2021. REUTERS/Toby Melville(Reuters) - It will take 30 years for the…

Three financial sector associations are launching the latest version of the code of conduct for banking and financial institutions on Friday. Photo provided Three financial sector associations have jointly developed a new code of conduct…

The financial industry is changing and many businesses are struggling to keep up. Gone are the days of brick and mortar systems, where paper filing and lengthy processes were the norm. Surprisingly, CFOs still often work with legacy…

But our information suggests that this significantly undercuts the issue.To defend the executive Richard Moscati just between October 1, 2020 and November 3, 2021 (when the bank's last annual report was released), ANZ spent $1.81 million on…

When the right to consumer data (CDR) came into force, it was a victory for consumers in the banking and financial sector. Consumers could control how their data was collected and used, and by whom, and the benefits…

Nearly two years after the death of George Floyd spurred concerns of social justice and systemic racism to the forefront of American corporate discourse, business leaders continue to push things forward in their spheres of…

Northampton, MA --News Direct--Northern TrustJamie Jones EzefiliBy Lori Llewellyn, Acting Managing Director, CDP North AmericaClimate change is a present and future risk that we cannot control without first tackling inequalities within…

The skills and experience of actuaries are fundamental to the insurance industry. Today, Finity harnesses this powerful resource for banking and finance. Traditionally, actuaries are best known for…

Ameriabank CJSC has been named Caucasus' Best Issuing Bank for 2021 by the International Finance Corporation (IFC), a member of the World Bank Group, at the 10th Annual Trade Finance Awards. IFC rewards its best international partners…

Pgiam/iStock via Getty Images Our investment thesis Is expressed in the bullet points above, where the ratings and size of short-term capital gains are put on a comparable basis with the alternative investment candidates. The dominance of…

Breadcrumb Links PMN Company Author of the article: Bloomberg News Kevin Orland, Brian Platt and Layan Odeh Content of the article (Bloomberg) - Prime Minister Justin Trudeau's emergency orders to cut off…

Core-Asset Consulting's 'Industry Trends and Salary Guide' has found a massive shortage of applicants and the pressure to dramatically increase salaries and benefits is looking grim for companies in the financial services sector in…

Blue, the color of confidence, has long been the hue of choice in financial marketing. That was until Klarna showed up with their millennial rose and Snoop Dogg in tow, looking to dismantle the sector. As part of The Drum's latest Deep…

Edinburgh-based recruiter Core-Asset Consulting has released its latest guide to industry and salary trends, describing the report, now in its seventh year, as a 'legal' review of salary levels and a gauge of market sentiment, activity and…

In 2021, the International Energy Agency (IEA) released its first guide to what the global energy system would look like if global warming were limited to 1.5°C. The IEA's Net Zero Emissions by 2050 (NZE) scenario grabbed headlines with…

Top Chinese finance official arrestedOne of ChinaChina's top financial sector officials have been arrested on suspicion of accepting bribes and abusing their power, according to a statement released by China's Supreme People's Procuratorate…

DOWNLOAD THE BRIEFING Briefing from Greenpeace, the International Institute for Sustainable Development (IISD) and Oil Change International February 2022 DOWNLOAD INFORMATION The International Energy…

CHICAGO, February 9, 2022 /PRNewswire/ -- ATLAS Fellows Inc. (“ATLAS Fellows” or “ATLAS”), a non-profit organization seeking to transform the financial industry by opening doors for bright, underfunded young people by giving them access to…

Through James Brier, CTO, Smart delivery solutions Rapid advances in technology have elevated the financial industry to levels that only science fiction fans could have imagined before. McKinsey estimates that artificial…

The organizations within the Irish financial services sector are strongly committed to achieving "net zero" carbon emissions, with 79% planning to achieve this goal, according to a Compliance…

The Hong Kong government's public relations machine is fighting a growing chorus of negative publicity about the number of people in the financial community leaving the territory. Banks and asset managers from the United States,…

GENEVA (ILO News) – An adequate policy environment is needed to reap the benefits of digitalization, concluded an ILO technical meeting on the impact of digitalization in the financial sector (24-28 January 2022) which brought together…

Since the outbreak of the COVID-19 pandemic, India's banking and financial sector has taken cautious and calibrated steps to stabilize various sectors and support them in their growth efforts. Over time, the Indian financial sector has…

news, local news, It was a strong sense of social responsibility that drove John Phillips to give back. With years spent volunteering in sports groups that matched his athletic endeavors and helping the less fortunate find their feet, from…

People walk past a TD bank in the Brooklyn borough of New York. This year is expected to bring continued, if not growing, threats to systems and financial data. (Photo by Drew Angerer/Getty Images)The past year has caused or exacerbated…

London: After two years of the COVID-19 pandemic and in a post-Brexit era, Islamic finance is set to play a bigger role in the country's economic recovery and future, but practitioners say…

Breadcrumb Links PF work FP Investor PF Finance The study is another signal that talent shortages are hitting parts of the financial sector Author of the article: Bloomberg News Layan Odeh…

January 14, 2022 Kevin Yuan, Lucca Li and Jocelyn Chen of FenXun Partners discuss China's efforts to support continued financial innovation in 2021 based on steady development, including taking…

Fertility benefits help cover costs of $ 15,000 to $ 30,000 per cycle of IVF, and more for adoption or surrogacy. Equally important is the savings to the employer, as the managed benefit increases the health and productivity of expectant…

Foreign cash outflows from the banking and financial services sector topped 50,000 crore in the first three quarters of the current fiscal year amid rich valuations of sector stocks and concerns about credit growth due to the news. variant…

State-owned Indonesian Aerospace has appealed to the country's financial sector to help finance the commercial development of its N219 turboprop. The company, also known as PTDI, notes that there is strong demand in the country for the…

As each year draws to a close, it is human nature to think only of the last twelve months. At the same time, it is good to remember that prudent investments are often held for the long term. Gold is one of those investments…

Some end of the year, Sunday thoughts... purely my story, of course... 2022 promises to be an exciting and deeply unpredictable year for the European financial sector. SEPA must urgently turn ambition into more results next year, while…

Sunny Yi, Chief Digital Officer of Shinhan Financial Group, speaks during the Korea Herald's Eurasian Economic and Cultural Forum held at Raum in Seoul on Wednesday. (The Korea Herald)The integration of the world of finance and the…

The announcement of a new variant of Covid has lowered hopes of a quick end to the pandemic disruption and cast a shadow over the outlook for the asset finance industry over the next twelve months. Data from trade associations and…

TOPSHOT - Delegates sit in the action zone as they attend day three of UN Climate COP26 ... Summit in Glasgow on November 3, 2021. (Photo by Paul ELLIS / AFP) (Photo by PAUL ELLIS / AFP via Getty Images) AFP via…

Business13 Dec 2021 16:004 minute readVehicle lenders have been hit hard by the lockdown. Photo/NZME Loan growth in the non-banking financial sector fell below 1% in 2021 – the weakest growth seen since 2010, when the sector was…

The increasing pace and sophistication of cyberattacks against U.S. public financial entities has led to increased costs and difficulties in acquiring robust cyberinsurance coverage. According to Fitch Ratings, public entities are…

Intelligent automation is revolutionizing the financial industry like never beforeThe growth of smart factories will forever affect how businesses operate as they attempt to recover from the global pandemic. In this article, you will learn…

Kroll bond rating agency took out his 2022 outlook for European structured finance, exploring key market trends over the coming year. Inflation has been at the forefront of!-->…

Australian financial sector organizations have seen "no material improvement" in their mitigation of supply chain and third-party cybersecurity risks over the past two years, according to corporate watchdog ASIC. The…

Aviation students at the University of South Australia will train in the cockpits of the world's two most popular airliners in the future. UniSA is due to take delivery of its second simulator this year - the Airbus A320 - allowing…

MOSCOW (Reuters) - The behavior of foreign investors poses potential risks to the stability of Russia's financial sector, the central bank said in a financial stability report on Thursday.Several months ago, Russia saw an influx of foreign…

The financial sector has seen its fair share of cases of discrimination and the trend continues. In Lacatus v Barclays Executive Services Limited the Labor Court turned to sexism. A Rates Options Structured Trading Middle Office analyst…

Nearly half of the nation's top financial services providers have raised their base salaries to attract more talent, according to research released Tuesday by Marlborough market research firm DALBAR, Inc. DALBAR…

Lin Shiwei, Vice President of Xiaomisaid in an interview with China Entrepreneur Magazine, IT Home reported on Thursday, that the company will enter the auto finance industry. The industry promises to be a big business in the future and…

China has asked its financial sector to adopt free and open source software (FOSS). A opinion of the People's Bank of China and the country's Cyberspace Central Administration basically comes down to "going for it". The document calls on…

AXA Tianping became one of the largest wholly foreign-owned P&C insurance companies in China in 2019 after receiving watchdog approval to buy its remaining 50%…

LONDON (Reuters) - The United Nations on Wednesday called on the world's largest economies to ensure net zero commitments by financial institutions are robust, backed by science and end funding for new fossil fuel projects.The call is the…

Financial regulators led by the Bangko Sentral ng Pilipinas (BSP) provide banks, financial institutions and businesses with the tools and guidance needed to effectively manage climate and environmental risks. BSP Deputy Governor Chuchi…

With Silicon Valley in the West and Shenzhen in the East having long dominated the tech scene, European leaders have called on the EU to achieve technological sovereignty. This means having local tech companies…

Cybercrime, Cybercrime as a Service,…

BEIJING (Reuters) - China's ruling Community Party turned to the country's vast financial sector this month, launching a new year-long campaign to uncover corruption and illegal dealings.FILE PHOTO: The headquarters of the Communist Party…

BEIJING, Oct 12 (Reuters) - China's top anti-corruption watchdog has launched a roughly two-month inspection of the country's banking and insurance regulator, part of a wider campaign to to eliminate corrupt Communist Party officials in the…

Donor: Darren Guccione, CEO - Keeper Security | Published: October 11, 2021 Darren…

Atos and IBM, two key players in digital transformation and professional services, have partnered to accelerate the migration to the cloud for banks and insurance companies. The partnership will…

Commonwealth Bank was approached for a response but declined to comment. The bank intends to plead guilty to the charges.The exchange between its outgoing CEO, Matt Comyn, and former CEO Ian Narev about the product was recorded in a…

One of the big four banks announced a second round of branch closures within a fortnight, signaling more job losses in the financial sector. Westpac announced the closure of seven branches in Victoria and Tasmania, and these closures are…

Access to accurate data is the backbone of any successful ESG initiative. However, cultivating such data is often easier said than done.Gavin Mee, Managing Director Northern Europe, UiPathIt is certainly true that in this golden age of…

A sign on the front of a former KeyBank branch in South Bend warns customers that it will be closing. Justin Hicks/IPB NewsMost industries in Indiana continued to see a recovery in employment in 2021. But, despite a brief recovery, the…

With the S&P 500 index nearing 4,500, it's time to take a look at its best performing sector: financials. The performance of the S&P 500 financial sector index, with a return of 30.3% since the beginning of the year,…

Biden urges companies to 'raise the bar'Microsoft and Google will invest billionsHalf a million unfilled cybersecurity jobsWASHINGTON, Aug 25 (Reuters) - The U.S. government said on Wednesday it would work with industry to develop new…

IBM's X-Force Threat Intelligence Index found that 23% of cyberattacks are against financial institutions. The total cost of a single data breach involving a financial institution is…

Asian and global banks and financial services firms operating in the region have communicated their sustainability credentials more aggressively than any other industry in recent years, but consumers are skeptical…

The Greensill Capital scandal has highlighted the risks associated with the spread of non-banking firms into areas of finance traditionally dominated by regulated lenders, Treasury committee MPs have said. The warning came from MPs!-- >…

Tiba Raja is Executive Director at Market Financial Solutions The debate surrounding diversity within the financial services industry, or lack thereof, has been raging for some time. It raised its head again this month when the Prudential…

People use ATMs next to a Bitcoin ATM at a shopping mall in Istanbul, Turkey on April 16, 2021. There are now more crossovers where decentralized financial architectures are being built around the world traditional…

Through Nick GallimoreDirector of Transformation and Talent Insight, Clear Review AApproaches to HR planning have changed significantly, and they will continue to do so. Among the many impacts of Covid-19, there is…