Financial services News & Breaking Stories

DOL's fiduciary rule changes impact on advisors' businesses; compliance deadline in September. Industry execs downplay effects, but changes are significant.

Finance House launches Sanad, UAE's credit card with the lowest interest rate at 1.25%, offering Emiratis significant savings and no annual fees.

Anthony Noto's fear of failure has driven him to success, leading SoFi to strong earnings and a promising future.

Pico announces Corvil Analytics 10.0 software release, using AI and ML for proactive notification and natural language descriptions in financial markets.

Prominent billionaire financier and philanthropist Lord Jacob Rothschild has died. His family announced the news on February 26.

"Tragic helicopter crash claims the lives of Access Holding CEO Herbert Wigwe, his family, and Bimbo Ogunbanjo. Nigerians mourn the loss deeply."

Des Moines hosted the grandest housewarming 155 years ago. Terrace Hill, built by Benjamin F. Allen, remains a symbol of prosperity.

Financial services secretary Vivek Joshi urges banks to operationalize inoperative accounts, increase private sector participation in financial inclusion, and fight cyber fraud.

OpenAI reinstates Sam Altman as CEO and adds Larry Summers to the board after firing him, in a surprising move.

Banks and businesses close for Veterans Day. Check if your bank is open. Many restaurants offer free meals to veterans.

Hedge funds are exiting their short positions at a rapid pace, signaling a potential market resurgence and a rebalancing of US dollar longs.

"Dumb Money" is a movie that tells the real story of a financial rebellion led by small investors against Wall Street. It focuses on the GameStop stock surge and the impact it had on hedge funds. The film aims to champion the little guy and shed light on the flaws of the financial system. The cast includes Paul Dano, Pete Davidson, America Ferrera, and Seth Rogen. The movie highlights the power of social media and the role it played in the stock market frenzy.

Verve, Africa's payment cards and digital token platform, has launched its annual 'Good Life' promo to appreciate and support customers. The promo includes cash prizes, free fuel, rent support, and school fees. Verve aims to improve cardholders' experience and reward loyalty.

Verve, Africa's payment cards and digital token platform, has launched its annual 'Good Life' promo to reward customers. The promo includes cash prizes, free fuel, rent support, and school fees. Verve aims to improve cardholders' experiences and improve their living conditions. To qualify for a win, customers must continue to transact with their Verve card.

Indian shares hit record highs as US inflation moderation boosts sentiment.

July 1, 2023: Celebrate doctors, accountants, GST, postal workers, gingersnaps, and jokes.