Finance Archives

Intesa Sanpaolo registers profit hike, won’t pursue Generali takeover

IFM CorrespondentMay 12, 2026May 11, 2026

by IFM CorrespondentMay 12, 2026May 11, 2026

In the January-March 2026 period, Intesa's revenue rose 5% to 7.15 billion euros (USD 8.4 billion), above an LSEG estimate of 6.91 billion euros...

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Saudi Arabia leads GCC fixed income market in Q1 2026 surge

IFM CorrespondentApril 30, 2026April 30, 2026

by IFM CorrespondentApril 30, 2026April 30, 2026

Saudi Arabia GCC fixed income market dominates Q1 2026 as the Kingdom captures majority share of regional issuances, highlighting strong investor appetite and expanding debt market activity...

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JPMorgan hires top tech investment talents from Bank of America

IFM CorrespondentApril 27, 2026April 24, 2026

by IFM CorrespondentApril 27, 2026April 24, 2026

JPMorgan has also announced the appointment of Riaz Ladhabhoy as the new vice chair of its tech investment banking group...

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Westpac NZ launches Microsoft AI tool to support customer conversations

IFM CorrespondentApril 16, 2026April 15, 2026

by IFM CorrespondentApril 16, 2026April 15, 2026

Westpac has already rolled out the Microsoft Dynamics 365 Contact Centre as a Service platform...

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Saudi banks hold assets worth USD 1.33 trillion

IFM CorrespondentApril 9, 2026April 8, 2026

by IFM CorrespondentApril 9, 2026April 8, 2026

Saudi Arabia's total bank credit jumped to SR3.30 trillion by 2025-end, fuelled by strong demand for corporate financing tied to infrastructure and development projects...

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Andrew Bailey-led Financial Stability Board publishes its 2025 annual report

IFM CorrespondentMarch 26, 2026March 25, 2026

by IFM CorrespondentMarch 26, 2026March 25, 2026

Andrew Bailey noted that the FSB must continue to evolve to be fit for purpose in an ever-evolving world, a theme that will continue to guide the international body's work...