Industry News

Climate change, cost of living & geopolitics among top points at Davos

Climate change, cost of living & geopolitics among top points at Davos 2023

Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.
FCA

FCA launches inquiry into financial advisers’ ongoing services

The Financial Conduct Authority (FCA) has initiated a comprehensive survey involving 20 of the largest financial adviser firms.
regulatory

Are regulatory inefficiencies holding back the UK?

A new report from TheCityUK has found that financial regulatory authorisations at the FCA and the PRA can be slow and inefficient.
Google

How Google’s AI initiative is setting a new standard for digital defense

Google has unveiled its latest venture, the AI Cyber Defense Initiative, poised to harness the power of AI in the realm of cybersecurity.
Will BNPL thrive or fail in high interest, high inflation market?

Will BNPL thrive or fail in high interest, high inflation market?

Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?
BCA

BCA advocates for international benchmarking in climate reporting

The Business Council of Australia (BCA) has underscored the necessity of aligning climate-related financial disclosures closely with international standards. This alignment, according to BCA, is...
Brookfield-reinsurance-argo-group-definitive-merger-agreement-all-cash-transaction-insurance-acquisition

Brookfield Reinsurance to acquire Argo Group

Brookfield Reinsurance and Argo Group International Holding have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1bn.
ATEO

Trading Technologies acquires ATEO to broaden post-trade solutions in global markets

Trading Technologies, a global capital markets technology firm, has acquired ATEO SAS, a provider of post-trade solutions for listed derivatives.
ESG

Arizona to end investigations into ESG investing practices

Arizona will no longer investigate banks and other financial institutions over ESG investing practices, according to the state’s new Attorney General Kris Mayes.
ESG

How new reporting requirements are changing ESG data management

Investors across Europe are currently facing significant challenges in managing ESG data, as highlighted by a recent survey from Bloomberg.

News Stories

Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately.

Aspen appoints Tony Bishop as chief data & analytics officer

Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately. In...
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced a successful closure of a $60m Series C equity investment round.

Cyber insurance leader Cowbell secures $60m Series C investment from Zurich

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced a successful closure of a $60m Series C equity investment round.

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

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