UK inflation hits 3.5% in September on fuel costs; BoE hike seen in November

What regulators found The US Treasury said last week that its Financial Crimes Enforcement Network assessed a $1.2 billion penalty, the third-largest in Treasury history. It includes credit for a $750 million penalty from the Office of the Comptroller of the Currency (OCC), the largest in that agency’s history. A separate $11.6 million sanctions settlement…

Paramount Skydance CEO David Ellison announced Friday that upon closing his company’s merger with Warner Bros. Discovery next week, the combined entity will be named Skydance. It’s a full-circle moment for a company that has undergone two major acquisitions within the last 18 months. “Paramount and Warner Bros. shaped over a century of culture,” Ellison…

Good morning. This week, Fortune released the third annual Most Powerful Women Asia list, recognizing 100 women whose leadership, business performance, and influence are helping shape the region’s economic future. The ranking spans 14 markets across Asia-Pacific. DBS Group CEO Tan Su Shan retains the No. 1 position. She made history in March 2025 as…

To counter major cyber threats, Danmarks Nationalbank is pioneering an offline emergency payment system. This article appears in the July/August issue of Global Finance Magazine. Danmarks Nationalbank, the Danish central bank, has launched a financial systems security project to establish a Dormant Emergency Bank (DEB) to serve as a robust reserve bank in the event…