Read the latest news from regional and global sources, presenting different voices and perspectives.

PTC Financial Services CEO outlines four-pillar strategy amid board changes
R Balaji, CEO of PTC Financial Services (PFS), addressed questions regarding the resignations of three independent directors in a recent interaction with ET Now. On potential issues cited by the directors, Balaji said: "I would categorically say...

OpenText™ and Fiserv Drive Resilient Information Management in Financial Services
The joint showcase at Fiserv Forum Client Conference Sep. 29-30, 2025, highlights new solutions to reduce manual effort, strengthen governance and improve customer experiences OpenText™, a global leader in secure information management for AI, and...

Financial Services Company BNP Paribas Buys 1% Stake In Two-Wheeler Maker Hero MotoCorp For ₹1,035 Crore
New Delhi: Financial services company BNP Paribas on Monday bought nearly 1 per cent stake in two-wheeler maker Hero MotoCorp for Rs 1,035 crore through an open market transaction.Paris-based BNP Paribas, through its affiliate BNP Paribas...

Pierre de Raismes leads A&M’s Private Equity Financial Services team in Europe
Global professional services firm Alvarez & Marsal (A&M) has brought Pierre de Raismes on board to lead its Private Equity Financial Services team in Europe. Based in Paris, Pierre de Raismes brings significant experience leading transactions and...

Pierre de Raismes leads A&M’s Private Equity Financial Services team in Europe
Global professional services firm Alvarez & Marsal (A&M) has brought Pierre de Raismes on board to lead its Private Equity Financial Services team in Europe. Based in Paris, Pierre de Raismes brings significant experience leading transactions and...

How Can Financial Services Embrace AI Safely? Ant International’s AI SHIELD Offers A Solution
From foreign exchange demand prediction to AI-powered credit scoring, the adoption of artificial intelligence (AI) is helping banks, fintechs and consumers reimagine what’s possible. But as the sector races ahead, the risks are evolving just as...
The Main Issues Raised By The Japan Financial Services AgencyAt Opinion Exchange Meetings With Relevant Associations In The Financial Sector
The Financial Services Agency has published the main issues raised at opinion exchange meetings with relevant associations in the financial sector. July, 2025 June, 2025 May, 2025 April, 2025 March, 2025 February, 2025 January, 2025 December, 2024...

Saudi Arabia’s Public Investment Fund is acquiring Electronic Arts
Saudi Arabia is furthering its gaming hub ambitions with a record $55B deal for electronic arts. The investments in the gaming industry are being touted as avenues to diversify the economy, create jobs and attract international tourism. Saudi...

FS-ISAC urges global coordination for migration to post-quantum cryptography in financial services
White paper provides key considerations and clear milestones for the sector’s transition In response to the global challenge of the transition to quantum-resilient cryptography, FS-ISAC, the member-driven, not-for-profit organisation that advances...

EA Acquired By Saudi Public Investment Fund For US$55 Billion
Electronic Arts (EA), the developer, publisher, and owner of AAA IPs such as Battlefield, the Star Wars Jedi franchise, and the Sims, has been sold to the Saudi Arabia Public Investment Fund, for a sum of US$55 billion (~RM231 billion). The...

Bank credit costs likely to decline in H2FY26: UBS
Delhi Credit costs in Indian banks are expected to continue in declining trend in the second half of the current financial year 2025, though near-term slippages are likely to remain elevated, according to a report by global financial services firm...
Bank credit costs likely to decline in H2FY26, near-term slippages to remain elevated: UBS
New Delhi [India], September 30 (ANI): Credit costs in Indian banks are expected to continue in declining trend in the second half of the current financial year 2025, though near-term slippages are likely to remain elevated, according to a report...

Banking hub confirmed for Hawick after another bank announces closure
An access to cash crisis has been avoided after customers in Hawick were offered a lifeline following the latest bank closure in the town. It was announced last week that the town’s Bank of Scotland branch was to close in October next year The...

Banks shut for 18 days in October; check RBI’s list
October 2025 will be marked by several important festivals across India, making it a month filled with celebrations. From Dussehra to Diwali, banks will remain shut on multiple days, which could impact regular operations. If you have any...

Bank Credit Surges For MSMEs As Retail Lending Fuels Growth, Corporates Shift To Bonds
Show Quick Read Key points generated by AI, verified by newsroom Bank credit to Indian Medium, Small and Micro Enterprises (MSMEs) is on a roll, increasing to 17.4 per cent year-on-year in June 2025, compared to an increase of 11.5 per cent in...

Banks Lodge ₦5.4trn In Deposit Facility Window Amid Rising Rates
Deposit Money Banks (DMBs) are increasingly channeling excess liquidity into the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF), where returns currently outpace yields on one-year Treasury bills. A mix of maturing inflows and...

Bank Of India Officer Steals Rs 16 Crore From 127 Accounts, Spends On Crypto Betting
In a recent development, the Enforcement Directorate (ED) has revealed that 32-year-old Hitesh Singla, the suspended Bank of India (BOI) officer accused of siphoning off ₹16.10 crore from 127 customer accounts. Virtually No Proceeds Of Crime Left...
Bank of Korea sold net $800 million for FX intervention in Q2
SEOUL :South Korea's foreign exchange authorities sold a net $800 million in currency market intervention transactions in the second quarter, after selling $2.96 billion in the first quarter, central bank data showed on Tuesday. It was the third...

Banking on butterflies – a conservation experiment
Nik Shelton of the Wildlife Trust in Cambridgeshire looks at a conservation experiment that could help butterflies tackle climate change. If you go down to Trumpington Meadows, four mysterious giant letter Es have appeared in recent days. What do...

Anand Rathi Share & Stock Brokerage make a muted debut; stock list at 4% premium
Shares of Anand Rathi Shares & Stock Brokers made a muted Dalal Street debut on Tuesday, September 30, as the broking and financial services player was listed at Rs 432.10 on BSE, a premium of 4.37 per cent over issue price of Rs 414 apiece. The...