StoneX Group Inc. NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (NASDAQ: SNEX), a global financial services firm connecting clients to the markets across asset classes and geographies, today announced the successful completion of its acquisition of The Benchmark Company, LLC (“Benchmark”), a leading provider of investment banking, equity research, and institutional
The M&A recovery may look strong on paper, but that doesn’t guarantee generous bonuses for dealmakers. A new compensation report from Johnson Associates shows traders riding a wave of volatility to bigger year-end bonuses while many private equity professionals and M&A bankers brace for another year of stagnant or shrinking pay. Equities traders are on
Mizuho Bank has hired Devendra Sharma from Mashreqbank to be its co-head of corporate banking in India, according to people familiar with the matter, as the Japanese lender seeks to expand in the country. Sharma will join the unit of Mizuho Financial Group in the coming weeks after completing his gardening leave at the Dubai-based
The combined group net profits of Japan’s five major banking groups in April-June increased 2.7% from a year earlier to ¥1.375 trillion ($9.34 billion), due partly to growth in income from their lending operations reflecting interest rate hikes by the Bank of Japan, according to their earnings reports released by Monday. Net profit grew 1.5%
KARACHI: Mashreq, a global digital bank headquartered in Dubai, is looking to transform the banking landscape in Pakistan by transitioning from physical branches to digital transactions. At the core of its extended operations to the South Asian country is a key project to digitalize inflows of workers’ remittances from UAE and other parts of the
PETALING JAYA: The banking sector appears poised to maintain its resilience into the second half of 2025, despite expectations of a quarter-on-quarter (q-o-q) uptick in loan loss provisioning (LLP) during the second quarter of financial year 2025 (2Q25). Industry-wide indicators show manageable risks amid stable credit trends and a modest slowdown in loan growth. According
Standard Chartered CEO Bill Winters is standing out in the global banking sector by maintaining a flexible, hybrid work policy and resisting the rigid office mandates now sweeping through much of Wall Street. As peers from companies like JPMorgan and Goldman Sachs urge staff back to traditional office rhythms, Winters has doubled down on a
TBS Report 04 August, 2025, 10:20 pm Last modified: 04 August, 2025, 10:21 pm Representational image. File Photo: Mehedi Hasan/TBS “> Representational image. File Photo: Mehedi Hasan/TBS The stock market snapped its three-day winning streak today, dragged down primarily by profit-booking in the banking sector. The benchmark index DSEX of the Dhaka Stock Exchange (DSE)
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Mastercard CEO Michael Miebach expects the open banking trend to keep gaining ground, and seems to prefer that over banks charging for consumer data. The card network chief gave his view on the
A financial revolution is reshaping how money moves globally, from infrastructure to customer experience. At Scottish Mortgage, we’re backing the companies rethinking the system from the ground up, providing meaningful exposure for our shareholders right across the value chain. As with any investment, your capital is at risk. From São Paulo to Singapore, a quiet