BRICS plans a guarantee fund to reduce political and financial risks in developing countries. • The fund will be managed by the New Development Bank (NDB) and unveiled at the July 2025 Rio summit. • ...

First Horizon Corporation's strong credit metrics and stable deposit base may not drive upside amid stretched valuation and ...

Stablecoins – cryptocurrencies backed by real assets – are all the rage and have been enthusiastically backed by Donald Trump ...

In other words, expected pre-tax yields from non-investment-grade debt investments now approach or exceed the historical ...

SINGAPORE--Singapore's central bank has imposed more than US$20 million in penalties on nine financial institutions, including major international banks, for what it said were breaches of ...

The World Bank convened a series of meetings in Brazzaville, Congo, in May, bringing together key economic stakeholders, including finance ministers, from the Economic and Monetary Community of ...

BNP Paribas Cardif has finalized the acquisition of AXA Investment Managers (AXA IM) and signed a long-term partnership with ...

The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to reduce financing costs and encourage investment, according to two sources ...

In fact, only 11 U.S. states guaranteed students access to a personal finance course in high school before 2021, according to ...

High R&D Expenses & Rising Debt Levels Ail Toyota (TM) Per the Zacks analyst, high R&D expenses on advanced technologies and alternative fuels are likely to limit Toyota's near-term margins. Rising ...

XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license ...

Compared with peers, CIB has better room to lower its funding costs by replacing high-cost interbank funding with retail deposits at a lower cost.