Spain’s second-largest bank is edging closer to creating Europe’s third-largest lender by market value, behind only HSBC and Santander. BBVA has raised its hostile takeover offer for Banco Sabadell by 10% to €17 billion (about $20 billion). The revised allshare proposal—one BBVA share for every 4.8376 Sabadell shares—would eliminate the …
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President Donald Trump is pushing back against longstanding US immigration rules. In a September proclamation, Trump imposed a one-time $100,000 fee for new H-1B visa applications, which permits skilled foreign workers to be temporarily employed in the US. The White House claims the program has been exploited, facilitating the large-scale …
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Banks are joining private equity funds in issuing private credit to corporate borrowers—despite regulators’ concerns about unseen risks. As private equity becomes an increasingly dominant force in backing corporate transactions, banks are taking an “If you can’t beat ’em, join’em” approach to the business of debt-capital financing. Standing to benefit …
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Rohini Jain, CFO of business payments platform Bill, has strong views on how artificial intelligence is transforming the role of finance, the future of cross-border payments, and the challenges facing SMBs in today’s economic environment. Global Finance: How is AI changing finance? Rohini Jain: I’ve been in finance for over two decades. …
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Tariff fights, rising US debt, and policy volatility weigh on global expansion—even as AI investment fuels some resilience. This has been a turbulent year, marked by uncertainty over global economic policies. US tariffs remain undefined in form and scope, fueling instability. Global growth is projected to ease in the final …
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One year after an eleventh-hour bailout, Egypt’s economy is brightening. Reforms are being implemented, inflation is declining, and FDI is up. Egypt’s economic outlook is brightening, thanks in part to the commencement of long-delayed structural reforms, ambitious economic transformation plans, and an influx of foreign capital. Rebounding from the prolonged …
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September was life-changing for 81-year-old billionaire entrepreneur Larry Ellison and his family. After announcing that his flagship database software company, Oracle, had a backlog of orders amounting to nearly $100 billion on red-hot demand for artificial intelligence, as well as announcing several other multi-billion-dollar contracts with companies including OpenAI, Nvidia, …
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The first half of 2025 marked a decisive shift from balance-sheet defence to strategic deployment, with issuance patterns reflecting not just a recovery in confidence but a deliberate repositioning of funding models. European investment-grade corporate bond issuance exceeded €100 billion in May 2025, up 22% year on year and the …
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The move aims to expand digital finance across Europe. Exchange operator and markets infrastructure provider Deutsche Börse Group has signed a deal with global stablecoin issuer Circle Internet Group to integrate Circle’s EURC and USDC stablecoins into Deutsche Börse’s financial market infrastructure. This collaboration aims to bridge traditional finance with …
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Citi Investor Services rolled out Single Event Processing (SEP) technology, which promises real-time transaction processing and improved efficiency, in North America. This platform, which was already unveiled in some European markets, enables real-time processing of all global asset-servicing transactions, with the majority of Citi’s custody flows expected to utilize SEP …
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