MPS investor Norges to oppose Monte dei Paschi's bids to buy Banco BPM and Banca Generali

In 2025, Moneybox reported annual revenue of more than £115m. Credit: Ascannio/ Shutterstock.com Moneybox is preparing a secondary share sale of up to £45m ($60.19m) for long-serving employees, valuing the business at about £800m, or nearly $1.1bn. The valuation marks an increase of around 45% from 2024. Access deeper industry intelligence Experience unmatched clarity with…

The People’s Bank of China granted Visa (NYSE: V) approval to begin formal preparations for a bank card clearing institution through its local subsidiary, Visa Information Technology (Beijing) Co. Ltd. The decision allows the U.S. payments company to advance toward handling renminbi-denominated card transactions inside China on its own network, marking a long-sought expansion after…

The breakout to record highs by bank stocks, plus their strong earnings and favorable valuations, suggest more good times ahead for the financial sector.

Often we see headlines touting direct indexing’s growth rate—assets doubling, adoption curves bending upward, analysts projecting trillions in the category within a decade, etc. I don’t dispute those numbers or those trends. But after nearly three decades of building this business, I’ve come to believe that the growth number isn’t the story with direct indexing….

Say there is an interest-bearing account that pays even say some exorbitant number, 10%, 20%, whatever. Do you know what the interest payment is if there’s no money in the account? Processing Content Zero, of course. Which is something to keep in mind when you think about competition from stablecoins and other digital assets. In…

Key Takeaways There are five banks that have Sunday hours, but it’s usually only a select few branch locations. If you deposit a check on a Sunday, it will likely take an extra day for the funds to become available. Even though many branches are closed on Sundays, ATMs remain open and available for customers…