Imports worldwide worth $2,640 billion, or 11.1 per cent of total imports, were affected primarily by tariffs along with other trade measures introduced between mid-October 2024 and mid-October 2025 - more than four times the $611 billion coverage recorded...
Capital markets, wealth management, banking boost . Royal Bank of Canada handily beat analyst expectations as it reported record fourth-quarter results that showed rising profits across most divisions. Canada’s most valuable bank, and company, reported a profit of $5.43 billion in...
A group of 10 European banks, including ING, UniCredit and BNP Paribas, have formed a company to launch a euro-pegged stablecoin in the second half of 2026, in a move they hope will counter U.S. dominance in digital payments. The...
The bank’s wealth management business earned $699M in the quarter. TD Bank Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago, weighed down by one-time restructuring charges. TD says its profit amounted to $3.28...
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks. Banks could give investors a clearer view on how they manage risks, such as those associated with changing interest rates, under a new model...
American National’s banking subsidiary will integrate into Associated Banc-Corp’s subsidiary, Associated Bank. Associated Banc-Corp has agreed to acquire American National for up to $604m, to expand its presence across key markets in the US Midwest. The acquisition will see American National’s...
Businesses across industries are already benefiting from the strong growth of the green economy, the second-fastest growing sector over the past decade, according to World Economic Forum (WEF). A new report, titled 'Already a Multi-Trillion-Dollar Market: A CEO Guide to...
The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and Development Agency said on Tuesday. Shifts in financial markets now drive global...
Australia’s economy slowed unexpectedly in the September quarter as a large drag from inventories offset strength in government and business investment, which still boded well for an increase in capacity that could help cool inflation. Data from the Australian Bureau...
Assets in infrastructure funds have surged to a record high of $1.35tn, according to new analysis from Ocorian, an asset servicing provider for private markets and corporate and fiduciary administration. Assets have more than doubled in value since 2020 from...
