Banks (Finance)
On August 12, 2025, the Saudi Investment Bank, listed on the Saudi Exchange's Main Market with the symbol 1030, reported a new development in its lending activity. The bank has a total issued shares quantity of 1.25 billion, with 814,579 shares lent out. This represents a
Banks (Finance)
Gregor Poynton MP has accused the Scottish National Party (SNP) of risking Scotland's economy and defense sector by refusing to reform the Scottish National Investment Bank's (SNIB) restrictive investment mandate, which is hindering Scotland's access to billions of pounds in defense contracts, thousands of
Financial markets
Kenanga Investment Bank Berhad, a Malaysia-based financial institution, has appointed Mr. Chan Tuck Kiong as its new Principal Officer, effective August 7, 2025. Mr. Chan, a 57-year-old Malaysian national, has almost thirty years of experience in the capital market industry, specializing in equity broking and dealing. Prior to his appointment,
Financial markets
Genghis Capital, a Nairobi-based investment bank, has settled a long-standing debt of Sh64.6 million ($500,000) to South African businessman Auswell Mashaba, averting a potential crisis that could have disrupted its operations. The settlement comes after a court-facilitated agreement, facilitated by the Capital Markets Authority (CMA), which stepped in
Banks (Finance)
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced that Joel Fishbein will join the firm's Technology investment banking practice as a Senior Managing Director to focus on advising companies in the software sector. Mr. Fishbein brings approximately 25 years of experience in equity
Banks (Finance)
Cambridge Wilkinson, a leading global investment bank, has announced the successful closure of the sale and purchase of a consumer home improvement loan portfolio valued at over $80 million. The transaction marks a significant development in the private credit markets, where alternative asset managers and private credit groups are filling
Banks (Finance)
Global investment banks, including JP Morgan and Goldman Sachs, have revised their forecasts for Korea's economic growth in 2025, citing improving economic indicators and fiscal stimulus. The banks' revised forecasts range from 0.6% to 1.2%, driven by strong exports and a rebound in manufacturing. Despite
Financial markets
StoneX Group Inc., a global financial services firm, has successfully completed its acquisition of The Benchmark Company, LLC, a leading provider of investment banking, equity research, and institutional sales and trading services. This strategic move enhances StoneX's capital markets offering and establishes a deeper presence in Investment Banking
Financial markets
Alpha Bank A.E. has made a significant move in its expansion strategy by acquiring AXIA Ventures Group Ltd, a significant step towards creating a leading investment banking and capital markets platform in Greece and Cyprus. The acquisition is a result of a competitive process, with Alpha Bank ultimately agreeing
Banks (Finance)
Securities Investment Bank, listed under the symbol SIBL on the Pakistan Stock Exchange (PSX), has witnessed a notable fluctuation in its stock price. The bank's stock closed at Rs. 10.46 on August 4, 2025, slightly below its daily weighted average rate of Rs. 10.47. The bank,
Banks (Finance)
The UK government has denied a freedom of information request to disclose the fees paid to investment banks for the privatisation of NatWest, citing concerns that it would undermine the commercial interests of the banks involved. The refusal comes amid criticism from a Liberal Democrat MP who argues that taxpayers
Financial markets
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, has announced the addition of three new hires to expand its global technology and services investment banking businesses in Europe. Dominic Emery, Phil Hare, and William Tridimas have joined the firm as Senior Managing Director, Managing Director, and
