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Belgian Insurer Ageas Acquires UK’s Esure From Bain Capital For €1.5-B
Belgium’s Ageas has agreed to acquire UK insurer Esure from private equity firm Bain Capital for around £1.3 billion (€1.5 billion).

By The Financial District
2 days ago1 min read


Goldman Sachs Earns $4.19-B In Q1
Goldman Sachs' stock traders posted their highest quarterly revenue on record, driven by market volatility stemming from the global trade war.

By The Financial District
5 days ago1 min read


Private Credit Market Starts to Show Cracks
Cracks are beginning to appear in the $1.5 trillion private credit market, where major players like Ares Management, Apollo Global Management, Blue Owl Capital, Blackstone, and KKR have long dominated.

By The Financial District
6 days ago2 min read


U.S. Venture Capital Flows Back to The Coasts
For a moment during the pandemic, it looked as if Silicon Valley might lose its dominance in startup investment.

By The Financial District
Apr 221 min read


Citigroup Results Top Estimates on Gains in Fixed Income and Equities Trading
Citigroup has reported first-quarter earnings that exceeded analysts’ expectations, driven by strong performance in fixed income and equities trading.

By The Financial District
Apr 221 min read


Bank of America Tops Analysts’ Estimates On Higher Interest Income, Trading
Bank of America (BofA) has reported first-quarter results that surpassed analysts’ expectations for both profit and revenue, thanks to stronger-than-expected net interest income and trading gains.

By The Financial District
Apr 211 min read


Big Banks Maintain "The Sky Is Not Falling" Amid Trump Tariff War
Big banks are offering a cautiously optimistic view of how their customers are faring amid President Trump’s escalating tariff war — and so far, the message is that things aren’t as bad as feared.

By The Financial District
Apr 201 min read


Thousands Of Immigrants' Social Security Numbers Marked as Dead
The Social Security Administration (SSA) has mistakenly classified thousands of immigrants as deceased, effectively preventing them from collecting benefits or working legally in the U.S.

By The Financial District
Apr 161 min read


DOF Pushes Sustainable Finance
The Department of Finance (DOF) is strengthening the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF) as it unveils its strategic plans and priorities for 2025.

By The Financial District
Apr 152 min read


Banks Raise Fears About Britain’s New Private Share Trading Platform
Efforts to revive the equity capital markets in the UK are facing early headwinds, as banks express concerns over the upcoming Private Intermittent Securities and Capital Exchange System (PISCES).

By The Financial District
Apr 152 min read


Indonesia’s Central Bank To "Act Boldly" To Maintain Rupiah Stability
Bank Indonesia (BI) will “act boldly” to stabilize the rupiah by intervening in the spot market, domestic non-deliverable forwards, and the bond market after the currency hit a record low against the U.S. dollar.

By The Financial District
Apr 142 min read


Canada And Forest Foundation Philippines OK PHP25M Grant for Climate Adaptation Projects
The Forest Foundation Philippines, with support from the Government of Canada, has awarded over PHP25 million in grants for nature-based solutions (NbS) aimed at climate adaptation in Negros Occidental, Maguindanao del Sur, and Palawan.

By The Financial District
Apr 142 min read


Mobile Money Surpasses 2 Billion Accounts Globally—Philippines Rides The Digital Wave
A new report from the GSMA Mobile Money Programme, funded by the Gates Foundation, reveals a global milestone: mobile money has now surpassed two billion registered accounts and over half a billion monthly active users.

By The Financial District
Apr 113 min read


White House Ends Dozens of Research Grants at Princeton University
The Trump administration has halted dozens of research grants at Princeton University, marking the latest escalation in its pressure...

By The Financial District
Apr 102 min read


World Bank OKs $800-M Loan for PH Energy Transition, Resilience
The World Bank has approved an $800 million loan to support the Philippine government’s efforts to scale up the adoption of clean energy...

By The Financial District
Apr 72 min read


Central Banks of PH and Hong Kong Bolster Cooperation
The Bangko Sentral ng Pilipinas (BSP) and the Hong Kong Monetary Authority (HKMA) have held a High-Level Bilateral Meeting to exchange...

By The Financial District
Apr 71 min read


China’s State Banks Plan $72 Billion in Private Placements to Bolster Capital
Four of China’s largest state-owned banks plan to raise up to $72 billion through private placements to strengthen their core Tier-1...

By The Financial District
Apr 22 min read


Glass Lewis Urges Investors to Reject CEO Pay at Goldman Sachs
Proxy adviser Glass Lewis has recommended that investors vote against the compensation packages for top executives at Goldman Sachs.

By The Financial District
Apr 21 min read


PH, Japan Sign Five Loan Deals Worth PHP65-B For Infrastructure, Climate, and Health Programs
The Philippine government has secured a total of PHP65 billion in financing from Japan for major infrastructure projects, as well as...

By The Financial District
Mar 284 min read


Lifeline For Small U.S. Businesses on The Chopping Block
A vital funding program for small businesses is at risk of being cut under an executive order from President Donald Trump.

By The Financial District
Mar 271 min read


Privatizing Fannie and Freddie Not a Top Priority, Says Housing Finance Chief
Bill Pulte, who was confirmed by the U.S. Senate to lead the Federal Housing Finance Agency (FHFA) under the Trump administration, said he..

By The Financial District
Mar 251 min read


Social Security Administration to Require In-Person Identity Checks
In an effort to combat fraudulent claims, the Social Security Administration (SSA) will implement stricter identity-proofing measures...

By The Financial District
Mar 241 min read


Philippine Retirement Authority to Promote Property Sector to Retirees
The Philippine Retirement Authority (PRA) is working to promote real estate projects to retirees and expatriates seeking to reside in the...

By The Financial District
Mar 241 min read


U.S. Officials Warn of Costly Medusa Ransomware Attacks
The FBI and the US Cybersecurity and Infrastructure Security Agency (CISA) have issued a warning about an escalating ransomware threat.

By The Financial District
Mar 191 min read
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