Bank of America faces over $1.21 billion in US penalties after regulators found anti-money laundering failures and delayed reporting of suspicious activity.
Marty Vergel Baes
Oct 14, 2026
US and European regulators are intensifying scrutiny of banks' AI use, focusing on autonomous systems, cyber recovery, third-party providers and threats to financial stability.
Maybelyn B. Paden
Oct 13, 2026
Geoff Ogunlesi married Jennifer Meyer in Hawaii. Discover his music management career, artist credits and family background, including billionaire father Adebayo Ogunlesi
Athena Freya
Oct 13, 2026
Goldman Sachs upgrades Palantir to 'Buy', citing rising demand for sovereign and customised AI, but questions remain over the stock's lofty valuation and rivals.
Penuel Joseph Ares
Oct 09, 2026
Elon Musk has suggested SpaceX could eventually be worth orders of magnitude more than the global economy, but provided no valuation, timetable or evidence to support the prediction.
Arcelie Fernandez
Oct 09, 2026
The OCC fined American Express $350 million after finding AML failures left $13 billion in suspected activity inadequately identified and reported.
Niloy Chakrabarti
Oct 09, 2026
London remains just behind New York in the latest Global Financial Centres Index, but sharp gains by Gulf hubs highlight growing competition and the need for long-term strategic planning.
William Jones
Oct 08, 2026
Citigroup overtakes Goldman Sachs in global IPO rankings as investors question whether its 'pricey' dividend can be sustained amid a fragile deals market.
Penuel Joseph Ares
Oct 06, 2026
SEC fines Merrill Lynch $7.5M after a risk-score threshold kept potentially suspicious activity from reaching human investigators for review.
Ma. Kyla Morco
Sep 30, 2026
AI voice cloning and a fake WhatsApp identity reportedly helped trigger $108M in transfers from Fideuram, leaving about €36M unrecovered.
Ma. Kyla Morco
Sep 30, 2026
Anthropic plans $518B in AI infrastructure commitments as it heads toward a potential $2T IPO after a $42B 2025 net loss.
Dani Oh
Sep 29, 2026
Siddharth Jawahar, sentenced to 11 years for a $35 million Ponzi scheme involving Travis Kelce among its investors, sought to marry while in custody, prompting immigration concerns from prosecutors
Anna Katrina Sevilla
Sep 29, 2026
Truist CEO Mike Lyons buys $1M in shares after the bank agrees to sell its near-prime auto-loan unit to Apollo for $5.5B.
Niloy Chakrabarti
Sep 29, 2026
AI agents could automate rate shopping and move household cash between accounts, challenging the low-cost deposits banks rely on to fund loans
Dani Oh
Sep 28, 2026
Barclaycard blamed human error after a Manchester reader received another customer's emails and overdue payment notices for 13 months. It offered £200.
Stephanie Cruz
Sep 25, 2026
Looking for top prop firms with transparent rules in the UK? Check our top 5 list. We compared and ranked these firms based on certain metrics.
Alex Rivers
Sep 25, 2026
Roberto Masud discusses building Masud International Limited as an integrated advisory platform for complex cross-border transactions involving finance, law, regulation, capital and execution.
William Jones
Sep 25, 2026
Howard Buffett becomes Berkshire Hathaway chairman after Warren Buffett steps down, taking responsibility for protecting the $1.1T company's culture.
Stephanie Cruz
Sep 24, 2026
Paramount is reportedly considering asking Elon Musk to join the investor group funding its proposed £83bn Warner Bros. Discovery takeover, following Larry Ellison's backing of X's acquisition.
Aiza Moraña
Sep 23, 2026
US mortgage rates hit 7.12% as ARM applications climb, offering lower initial payments but exposing borrowers to future rate resets
Dani Oh
Sep 23, 2026
Elon Musk joked about Berkshire Hathaway's Coca-Cola investment after its 400 million shares generated roughly £526 million in 2022, with annual dividend income projected to rise further.
Mathew Erpansizo
Sep 21, 2026
Sir Evelyn de Rothschild led N M Rothschild through privatisation, international expansion and the City's Big Bang, preserving the family bank's independence until its 2003 merger.
William Jones
Sep 18, 2026
The US House backs legislation to end penny production, round cash totals to five cents, and keep existing one-cent coins as legal tender.
Akshay Puri
Sep 15, 2026
OpenAI's ChatGPT for Financial Services automates research, modeling, and pitchbooks, helping cut down the 100-hour workweek and boost productivity with AI-driven financial analysis.
Ma. Kyla Morco
Sep 11, 2026
Tatsiana Masiuk, with extensive experience in international finance, served as a jury member for the Eurasian Entrepreneurship Award, assessing entries on financial logic, scalability, and regulatory resilience.
Eric Bergmann
Sep 02, 2026
FSB Chair Andrew Bailey warns frontier AI could accelerate cyberattacks and amplify financial risks through shared technology providers
Dani Oh
Aug 31, 2026
Georgia residents can claim their share of the $240M SunTrust overdraft settlement. Eligible customers could receive up to $1,000. Act before the 14 September 2026 deadline.
Stephanie Cruz
Aug 28, 2026
A technical glitch disrupted mobile and digital services for Lloyds Bank, Halifax, and Bank of Scotland, leaving thousands unable to access their accounts and sparking widespread complaints.
Johann Calderon
Aug 18, 2026
Nike's stock has dropped below $40 (£29.55) for the first time in over a decade, raising concerns about its turnaround strategy. Analysts are sceptical, with mixed forecasts on the company's recovery.
Robert Gorgonio
Aug 18, 2026
Companies face challenges in measuring AI spending, leading to the rise of tokenomics. The Linux Foundation's Tokenomics Foundation aims to establish standards for evaluating AI investments.
Bernadette B. Tixon
Aug 12, 2026
