Tag: Finance
Ethnicity next step in UK financial sector diversity
Britain’s financial watchdog will publish requirements within a year for boosting ethnic diversity. This is among employees in finance, and by using targets and...
Temasek buys Bridgepoint’s Element materials
The London-listed private equity firm, Singaporean state-owned investor Temasek has acquired Element Materials Technology Group from Bridgepoint. The terms of the deal were not...
UniCredit unlikely to pursue deal for Russia’s Otkritie
UniCredit is unlikely to pursue a deal for Moscow-based lender Otkritie Bank. This was heard after Russian daily Kommersant reported that Italy’s second-biggest bank had lost interest....
European shares tumble in global selloff
European stocks slumped to mark a third week of losses. This is as jitters over monetary policy tightening by central banks this year. Weak economic...
No Evergrande fallout in Britain
Bank of England Governor Andrew Bailey said that resolving Chinese property developer Evergrande Group’s struggle with $300 billion in liabilities has been fairly protracted. But...
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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch
A coalition of 21 financial institutions, including Goldman Sachs,...
China Deploys Traffic Robots to Handle Routine Police Duties
China is testing humanoid robots for traffic-control work, assigning...
Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round
Smack Technologies, a defense technology startup developing artificial intelligence...
General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank
Investment firm General Atlantic is moving ahead with plans...


