Corient's expansion into Canada highlights a critical gap in the multi-family office landscape, revealing a powerful demand from ultra-high-net-worth families for genuinely all-encompassing wealth management solutions
Browsing: financial services
KPMG Australia is now under intense scrutiny as corporate regulators launch a probe amid the unfolding audit leak scandal, raising urgent questions about audit integrity and corporate governance, Reuters reports
Edward Jones is gearing up to launch an exciting new technology hub in India-a bold strategy aimed at offsetting upcoming cuts at its U.S. headquarters while tapping into a world of top global talent and driving greater cost efficiency
Insurance Australia has reached a landmark settlement in the Greensill Federal Court case, putting an end to significant disputes linked to the collapse of the finance giant. This breakthrough marks a pivotal moment in the ongoing legal drama, Bloomberg reports
A recent cyber breach at Canada Life has exposed serious vulnerabilities within the benefits industry, experts warn. This shocking event highlights growing threats and the urgent need to bolster cybersecurity defenses now
The PRA is spearheading the UK's ambitious overhaul of captive insurance regulations, poised to turbocharge the sector's competitiveness and establish the UK as a leading global hub for captive insurance business
Australia's card payments sector is soaring to new heights as digital transactions dominate the scene. The future promises a dynamic blend of enhanced efficiency, cutting-edge innovations, and evolving regulations-reshaping the industry to better serve the ever-changing demands of consumers and businesses alike
Grant Thornton US has unveiled an exciting agreement to acquire its Australian member firm, dramatically boosting its global presence and elevating service capabilities throughout the Asia-Pacific region, according to Bloomberg Tax
AM Best continues to express strong confidence in France's life insurance sector, maintaining a stable outlook despite the headwinds of global economic uncertainty, rising geopolitical tensions, and domestic political instability, according to the latest Best's Market Segment Report
Italy's Economy Minister has strongly rejected UniCredit's potential move of its headquarters to Germany, emphasizing the bank's crucial role as a powerhouse fueling Italy's economic vitality during ongoing market discussions
X supercharges its global growth by acquiring Cboe Australia and Canada, turbocharging expansion, enhancing efficiency, and boosting recurring revenues-all while cementing its leadership in key international markets
Prudential Financial (PRU:NYSE) is extending its voluntary sales suspension in Japan, taking a proactive step amid ongoing regulatory reviews. This deliberate pause highlights their dedication to maintaining full compliance in an environment of heightened industry scrutiny
France's Carte Bancaire is set to challenge Visa and Mastercard's dominance in Europe, driving a new era of payment sovereignty and igniting innovation-all fueled by growing regulatory support, the Financial Times reveals
Informa TechTarget is broadening its financial services coverage to the United Kingdom, delivering deeper insights and customized content straight to UK professionals. This thrilling expansion not only boosts its global footprint but also enhances its expertise within the sector
TikTok is shaking up Brazil's financial landscape with a bold new move, having filed applications for Electronic Money Institution (EMI) and credit licenses, FinTech Futures reports
Apple has suspended all payment services in Russia following a government directive, 9to5Mac reports. This move reflects escalating regulatory pressures driven by the current geopolitical turmoil
Italy has hit digital banking service Revolut with a hefty €11.5 million fine for regulatory breaches. This significant penalty highlights Italy's intensifying crackdown on fintech firms, as authorities step up their push for tighter compliance across the sector
The UK watchdog has hit Bank of London and its parent company with a hefty $2.7 million fine over serious integrity breaches, Reuters reports. The regulator pointed to major shortcomings in their compliance and risk management systems
Apple Pay's launch in India faces tough regulatory hurdles amid strict local data laws, while TCS ramps up hiring to meet the surging demand for tech talent. Together, these shifts highlight the dynamic and fast-changing landscape of India's digital economy
Financial services are evolving at a breathtaking pace, fueled by bold deregulation, a wave of AI breakthroughs, and pioneering UK fraud laws. These powerful shifts unlock thrilling opportunities-and pose serious challenges-for the real economy