German government not stopping UniCredit's takeover of Commerzbank, Merz says

Anna Rose Layden/Bloomberg Processing Content Key insight: Custodia Bank is continuing its legal battle with the Federal Reserve over access to its payments system via a master account. Expert quote: “Given the Federal Reserve’s unique independence from presidential control, it is particularly important for the court to ensure that the power the Fed claims to…

Caprock, a Boise, Idaho-based $16 billion multi-family office registered investment advisor, announced Tuesday that it had acquired Venturi Private Wealth, an Austin-based wealth manager with about $4 billion in assets under management. The transaction brings approximately 30 employees to Caprock, including 10 advisors, and expands the firm’s footprint in Austin and Oklahoma City, where Venturi…

Personal Finance Published: Thursday, July 9, 2026, 7:10 [IST] After one of the sharpest single-day selloffs in weeks, equity market benchmarks will enter Thursday’s trading session likely in the green, as indicated by GIFT Nifty. The Nifty 50 closed at 23,882.05 on July 8, down 2.12%. The Bank Nifty slid to 56,742.60, down 2.51%, while…

The workshop panel — titled “AI, In Practice: Real Mortgage Workflows, Honest Results” — is designed to cut through the noise surrounding artificial intelligence and deliver practical, field-tested guidance to mortgage brokers and lending professionals across Canada. No vendor pitches, no theoretical frameworks: just documented workflows from practitioners actively managing files today. At the…

Enterprise AI has spent the last two years proving it can summarize documents, answer questions and automate repetitive work. Banking has spent the same two years asking a different question: can artificial intelligence be trusted to make decisions that carry financial, regulatory and legal consequences? That threshold, as Maik Taro Wehmeyer, co-founder and CEO at Taktile,…

Removing stamp duty costs could bring more than 300,000 owner-occupied homes to the market across England within less than a year, a Jackson-Stops report reveals. The housing mobility report estimates that figure could rise to more than 750,000 owner-occupied homes over three years, which Jackson-Stops says underlines the potential impact upfront moving costs can have…