Finance News: Markets, Economy & Global Finance

Exterior of a modern office building in Manhattan's Financial District at dusk, representing Jane Street's headquarters.

Jane Street Posts Record $10 Billion First-Quarter Profit, Doubling Trading Revenue

Jane Street, the closely held proprietary trading firm, has reported a staggering $10 billion in profit for the first quarter of 2026,...

Microsoft corporate headquarters in Redmond, Washington, shown under overcast skies, representing the company's central role in the AI industry.

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Hedge Fund Titan Chris Hohn Cuts Microsoft Stake by $8 Billion, Citing AI Disruption Risk

Chris Hohn’s TCI Fund Management has dramatically reduced its position in Microsoft, slashing its stake from approximately 10% of the fund’s portfolio...

Modern corporate office building in London representing Capita headquarters under overcast sky

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Oasis Management Builds Capita Stake to 15% Ahead of AGM, Raising Pressure on Outsourcer

Hong Kong-based activist investor Oasis Management has steadily increased its stake in UK outsourcing firm Capita plc to 15%, according to regulatory...

UBS CEO Sergio Ermotti in a boardroom with a serious expression, European city skyline in background

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UBS CEO Warns Europe Faces Deep Decline Amid ‘Over-Regulation Across the Board’

ZURICH — Sergio Ermotti, the chief executive of UBS Group AG, has issued a stark warning about Europe’s economic trajectory, arguing that...

Commerzbank headquarters in Frankfurt, Germany, on a clear day.

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Commerzbank to cut 3,000 jobs as it restructures to fend off UniCredit takeover threat

Commerzbank, Germany’s second-largest listed lender, announced plans to cut approximately 3,000 jobs as part of a broader restructuring effort aimed at strengthening...

Commerzbank headquarters in Frankfurt, Germany, under overcast sky, symbolizing corporate defense strategy.

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Commerzbank Lifts Targets to Fortify Defenses Against UniCredit Takeover Bid

Commerzbank has announced an upward revision of its medium-term financial targets, a strategic move widely interpreted as an effort to strengthen its...

Young professionals analyzing financial data and AI network graphics on monitors in a modern office

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The Jury Is Still Out on AI in Finance: Why Critical Thinking Matters More Than Ever

The financial industry is in the midst of a technological transformation, with artificial intelligence being deployed for everything from algorithmic trading and...

Financiers and business leaders entering the Beverly Hilton for the Milken Institute Global Conference

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Milken Conference Highlights Investor Optimism Amid Geopolitical and Market Stress

Beverly Hills, California — The annual Milken Institute Global Conference drew thousands of financiers, investors, and policymakers to the Beverly Hilton this...

Goldman Sachs office building in Hong Kong financial district at dusk

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Goldman restricts banker use of Anthropic’s Claude in Hong Kong

Hong Kong, April 29, 2026 — Goldman Sachs has blocked its bankers in Hong Kong from using Anthropic’s Claude AI models, according...

Bank of England building in London under cloudy sky, symbolizing UK bank tax debate

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UK Bank Taxes Return to Political Spotlight

LONDON, April 26, 2026 — The debate over taxing UK banks is heating up again. Labour Party officials have signaled they are...

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