The Wall Street tycoon's hedge fund Saba Capital has taken out short positions against eight firms, effectively betting that their share prices will fall.

BNY Mellon International Equity Fund outperformed its benchmark index, the MSCI EAFE, during the fourth quarter of 2024. Read ...

The UK Financial Conduct  Authority (FCA) and Payment Systems Regulator (PSR) have published a statement on the rise and usage of digital wallets. The two ...

Mako Financial Markets Partnership will pay $2.1 million (1.7 million pounds) in penalties to the U.K. Financial Conduct ...

On 14 February 2025, the Financial Conduct Authority (the “FCA”) updated its webpage on consultation paper (CP24/8) on ...

AI in finance needs human oversight By Nkhensani Nkhwashu, ITWeb portals journalist.Johannesburg, 19 Feb 2025Nolwazi Hlophe, senior specialist: fintech at the Financial Sector Conduct Authority, ...

The UK Supreme Court on Monday rejected a move by finance minister Rachel Reeves to intervene in a landmark case on car loan ...

The UK Financial Conduct Authority (FCA) has recently published its updated priorities for payments firms, providing crucial guidance on what is expected of Payment Institutions (PIs), Electronic ...

Britain's financial watchdog on Tuesday fined investment services firm Mako 1.7 million pounds ($2.14 million) for failure to ...

Chancellor Rachel Reeves' attempt to intervene in a landmark case over controversial car loans has been blocked by the UK's ...

Close Brothers is to earmark £165m to cover the costs of investigations into the potential mis-selling of car finance, as the ...

Oil futures rose early Friday, supported in part by the delay in President Trump's reciprocal tariffs. Sentiment is further supported by IEA's more bullish outlook on the oil market, ANZ said. The IEA ...