-
FCA plans to allow lenders longer to respond to complaints over car loan mis-selling
The City regulator plans to intervene in the car loan mis-selling scandal, in a move that could give lenders up to a year to respond to the rising number of customer complaints after a shock court ruling.The Financial Conduct Authority has been under pressure to take action after a court of appeal ruling in October…
-
Trump could finally end one of the oldest financial fights on Wall Street
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC) and Fannie Mae (FNMA), ending one of the oldest fights on Wall Street. The stocks of Freddie Mac and Fannie Mae — semi-acronyms for Federal Home Loan Mortgage and the Federal National Mortgage Association…
-
Cop29 climate finance deal hits fresh setback as deadline looms
Hopes of a breakthrough at the deadlocked UN climate talks have been dashed on Thursday morning after a new draft of a possible deal was condemned by rich and poor countries.Faith in the ability of the Azerbaijan presidency to produce a deal ebbed, as the draft texts were criticised as inadequate and providing no “landing…
-
Banco Santander (SAN): The Financial Powerhouse Thriving Under $25
We recently published a list of 12 Best Stocks Under $25 To Invest In Right Now. In this article, we are going to take a look at where Banco Santander, S.A. (NYSE:SAN)) stands against other best stocks under $25 to invest in right now. As reported by NPR, the Dow Jones Industrial Average soared…
-
COP29 Bulletin Day 10: Presidency finally releases draft finance text
This article will be updated throughout the day and an edited version will be sent out each evening as a newsletter – you can sign up here.Text offers two far-apart visions for finance goal without numbers Early on Thursday morning, the COP29 Presidency released a draft document intended to serve as the basis for a deal…
-
BOJ Ueda says will ‘seriously’ take into account FX impact on economy, prices
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will “seriously” take into account foreign exchange-rate moves in compiling its economic and price forecasts. On monetary policy, Ueda reiterated that the BOJ will reach a decision “meeting by meeting” on the basis of information that…
-
Japan urgently needs to plug its CFO deficit
$75 per monthComplete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex:…
-
Unlocking Opportunities in the Age of Digital Finance
Emerging technologies like big data, AI and blockchain are reshaping finance. New products, such as platform finance, peer-to-peer lending and robo-advisory services, are examples of this transformation. These developments raise important questions: How concerned should traditional financial institutions be? What strategies can fintech and “techfin” (technology companies that move into financial services) disruptors adopt to…
-
Nvidia nearly triples in value over 11 months: Is it time to invest?
Nvidia (NVDA) stock opened the year at about $50 per share, on a split-adjusted basis. As of late November 2024, the semiconductor stock’s price had eclipsed $145. The growth equates to a year-to-date value increase of almost 195%. The gain is related to the rising demand for Nvidia’s high-performance chips that can power artificial…
-
Ole Miss Finance Club Has A ‘bull’ Semester
Andrew McDonough and Yiping Wang, presidents of the Ole Miss Finance Club. Photo by Antonella Rescigno. The Ole Miss Finance Club, formerly known as the Ole Miss Financiers’ Club, has experienced unprecedented growth. In less than a semester, the organization has grown from 25 to 170 members and weekly meeting attendance has surged from an…
