World Cup, stronger travel boost hospitality sector in the second quarter
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Blood sample for a lipoprotein(a) test. Md Babul Hosen | Istock | Getty Images Novartis‘ failure in a closely watched cardiovascular trial has raised questions about one of the pharmaceutical industry’s biggest drug races and rival treatments from U.S. heavyweights Amgen and Eli Lilly. The pelacarsen drug, developed jointly with Ionis Pharmaceuticals, reduced a particularly…
Key insight: Fincen’s guidance expands the types of information banks can share about suspected fraud and illicit activity while protecting participating institutions from liability. Supporting data: Banks can share information including transaction records, video footage, IP addresses, device identifiers and fraud indicators. Forward look: The guidance comes as the Treasury pushes to overhaul anti-money-laundering rules…
Bank of America’s Merrill Lynch has added several advisors from rivals, representing a combined $1.8 billion in client assets. The largest win is The Aliaskari Group, which joins Merrill Private Wealth Management in McLean, Va., bringing about $1.2 billion in client assets from Morgan Stanley Private Wealth Management. The group includes founding partner Mehrak Aliaskari,…
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according to a report Saturday (July 25) from Bloomberg News, which says the decision comes days after viral comments on American-Chinese AI competition, widely attributed to the company’s founder. Sources familiar with the matter told Bloomberg that DeepSeek had told some…
IG Targets Premier League; Funding Pips Faces Complaints IG Targets Premier League; Funding Pips Faces Complaints IG Targets Premier League; Funding Pips Faces Complaints IG Targets Premier League; Funding Pips Faces Complaints IG Targets Premier League; Funding Pips Faces Complaints IG Targets Premier League; Funding Pips Faces Complaints Today’s financial news recap covers IG buys…
Santander is the latest lender to announce rate increases, effective 22 July. The lender has said it will push prices up on fixes rates across its new business range. It also says there will be an expansion of its range with new 10-year fixes for first-time buyers and home movers across multiple loan-to-value (LTV) bands,…