In a significant move for gender equality, Japan has appointed its first female finance minister, Satsuki Katayama. This is a big deal because, in a country where politics has been male-dominated for ages, Katayama's appointment is a step forward. Katayama is not just any finance minister. She has
Big banks from the U. S. are making a move to Saudi Arabia. Citigroup just opened its new regional office in Riyadh. This is a big deal because it shows that Wall Street is getting more serious about doing business in the Middle East. The new office is in the famous Kingdom Tower. This is different
The Reserve Bank of India (RBI) has recently shared some new ideas about how much banks can invest in the stock market and help with company takeovers. They want to make sure banks don't put too much money in these areas. The RBI suggests that banks should not spend more than 20% of their strongest
In the world of finance, change is constant, and innovation is key. Now, there's a chance to shine a spotlight on the people and ideas pushing the industry forward. The Most Innovative People in Finance and Innovation of the Year awards are now accepting nominations. These awards are all about reco
In Asia, big things are happening with crypto. Hong Kong is stepping up its game. Standard Chartered Hong Kong is set to start trading crypto ETFs soon. This comes as nearly 80% of wealthy clients there plan to invest in digital assets within a year. Over 30% already have some crypto. The city is al
In the world of digital money, two big players have teamed up to make things faster and safer. Transak, a company that helps people buy and sell crypto, has joined forces with Cross River Bank. This bank is known for its quick and reliable payment systems. Together, they want to make it easier for p
Big banks are diving into the world of tokenization, turning traditional assets into digital tokens. This isn't just about crypto anymore. It's about making old-school finance work better with new tech. Goldman Sachs and BNY Mellon have already launched tokenized money market funds. These funds are
This week, two big tech companies, Tesla and Netflix, are sharing their financial results. People are watching Tesla closely because they want to see if the company can keep up its fast car deliveries in the U. S. The Model Y is popular, and the company has been improving how it gets cars to custome
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
In recent years, the crypto world has faced a tough challenge: getting kicked out of the banking system. This wasn't just a small issue; it was a big problem for many companies, from small startups to big exchanges. They often didn't even get a clear reason why their bank accounts were shut down. T
