financial-sector
Top StoriesUK’s Barclays to Sell German Consumer Finance Business
TechnologyCompliance Constraints: Why the Finance Sector Is Unable to Leverage GenAI
Top StoriesSpain’s BBVA Turns Hostile With $13 Billion Takeover Bid for Sabadell
Top StoriesAnalysis-Apple Aims to Tell an AI Story Without AI Bills
Tepid Economic Data Weighs on Equities; Yen Sinks to Fresh Lows
Date: April 25, 2024
Tepid economic data weighs on equities; yen sinks to fresh lows By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country’s climate-warming tailpipe emissions....
Spain Sees US-style Economic Boost From Immigrant Workers
Date: April 24, 2024
Spain sees US-style economic boost from immigrant workers By Belén Carreño MADRID (Reuters) – Achieving her career ambitions in Spain has proved remarkably easy for Sara Hernandez, a systems architect from Venezuela who found her skills were in hot demand when she arrived in Madrid. Spain may have Europe’s highest unemployment rate but moving to...
Europe’s SMEs Need One Set of Rules, Report to Say
Date: April 11, 2024
Europe’s SMEs need one set of rules, report to say By Giselda Vagnoni (Reuters) – Europe’s export-oriented small businesses should be offered a single regulatory framework with the same rules governing their activities wherever they operate in the region, a report to be presented to national leaders next week will propose. The report is being...
Key Considerations for ML Ops in the Finance Sector With AWS Solutions
Date: March 28, 2024
Key Considerations for ML Ops in the Finance Sector with AWS Solutions By Varun Narayan, Hegde Principal Engineer at Amazon 28 March 2024 The global machine learning as a service market size reached USD 22.86 billion in 2022 and is projected to reach an estimated USD 626.64 billion by 2032, growing at a double digit...
Thousands of Spanish Bank Staff Strike to Demand Pay Rise, Union Says
Date: March 22, 2024
Thousands of Spanish bank staff strike to demand pay rise, union says MADRID (Reuters) – Around 60,000 banking employees across Spain went on strike on Friday to demand pay rises they see as justified after big lenders such as Santander booked record profits last year. Trade union CCOO said that 75.8% of the country’s roughly...
China Sets Higher Bar for Consumer Finance Companies
Date: March 18, 2024
China sets higher bar for consumer finance companies BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non-bank financial businesses providing small personal loans in the world’s second-largest economy. The stricter measures, which will take effect on April 18, come amid...