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Nirmala Sitharaman, India’s finance minister, during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok, Thailand, on Thursday, Oct. 15, 2026. Bloomberg | Bloomberg | Getty Images Excess liquidity in India’s equity market has contributed to underperformance and may continue to do so, according to Finance Minister Nirmala Sitharaman. “Because of the…
The F&C Investment Trust aims to deliver long-term growth in capital and income for shareholders. It is a FTSE 100 constituent and is the oldest and one of the largest investment firm in the UK, with assets that exceed £7 billion. It invests in listed equities and private equity and has delivered 55 consecutive years…
Bosnia votes Sunday in election that could affect EU bid
Key insight: Fincen withdrew its first-ever proposal to treat an entire class of transactions, international crypto mixing, as a primary money-laundering concern. Supporting data: Fincen estimated about 15,000 institutions would have filed the mixer reports, spending a combined 1.47 million hours a year. Forward look: Fincen said it will keep monitoring mixers and “may take…
The macroeconomic challenges of recent years have hit small businesses hard, prompting many merchants to rely on personal credit cards to keep their operations running. While some small business owners may not qualify for business credit lines, a study from Bluevine identified another challenge: among the roughly two-thirds of business owners surveyed who applied for…
With SWIFT’s ISO 20022 compliance deadline looming in November, several banks are behind schedule. This article appears in the September 2026 issue of Global Finance Magazine. Cross-border payments are approaching a hard deadline in November, when SWIFT stops accepting unstructured address data under ISO 20022. The global messaging standard that replaced the old SWIFT MT…