Keywords: Financial services
Business activity across the European Union weakened during the second quarter of 2026, with the number of newly registered companies declining while corporate bankruptcies increased, according to the latest data from Eurostat. The number of new business registrations fell by 0.5% compared with the......
Citigroup has appointed Jean-Baptiste Charlet to lead its operations in France, bringing in a senior Morgan Stanley veteran with more than three decades of experience in financial markets. Charlet will take the formal position of Citi Country Officer and Banking Head for France, giving him responsibility......
British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......
Azimut Holding continues to reinforce its international expansion strategy, with Morocco playing an increasingly important role in supporting the Italian asset manager’s global growth. The company has reported strong financial performance in 2026, reflecting sustained investor confidence and the......
Jio-BlackRock Asset Management has officially entered India's exchange-traded fund (ETF) industry with the launch of the JioBlackRock Nifty 50 ETF, a move that expands competition in one of the world's fastest-growing investment markets. The new product, introduced by the joint venture between......
Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
The Dubai International Financial Centre (DIFC) has surpassed 10,000 active companies for the first time in its history, highlighting the continued expansion of Dubai's financial and business ecosystem. The milestone was reached during the first half of 2025, with the number of registered companies......
X has taken another significant step toward becoming an all-in-one digital platform by introducing a financial offering that combines interest-bearing accounts with peer-to-peer payment capabilities. The latest move reflects Elon Musk's long-term ambition to transform the social media network into......
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