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A nonprofit foundation backed by Italian billionaire Andrea Pignataro is merging with the tech incubators of Milan's leading universities in a bid to boost early-stage investment in the country....

Focusing on outerwear and the brand's trench coats is driving the turnaround at Burberry, with its shares up 27 per cent on a year ago....

Financial Services Secretary M. Nagaraju urged LIC to intensify digital marketing and a mobile-first approach to achieve 'insurance for all'. He stressed LIC's crucial role in financial stability and its responsibility as a Domestic Systemically Important Insurer....

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An increasing number of Chinese and foreign banks are launching gold-linked structured deposits to attract investors seeking higher returns tied to gold prices, which analysts say provide an alternative to poor returns from time deposits. Rising gold prices, which continue to hit new highs this year, are fuelling renewed enthusiasm in gold as an investment in mainland China. While gold has increased 6 per cent this year to over US$4,620 an ounce, a Goldman Sachs forecast last month projected......

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Sheila Bair, former FDIC chair and a member of the Center for Financial Stability Advisory Board, says the Supreme Court may draw a line to protect the Fed's independence. She speaks with Romaine Bostick and Emily Graffeo on “The Close.” (Source: Bloomberg)...

In Iran ist die Ayandeh Bank nach Milliardenverlusten untergegangen. Auch eine mit den Revolutionsgarden verbundene Großbank hat Probleme. Ein Kollaps würde das Mullah-Regime schwer treffen....

President Donald Trump's call for a 10% cap on credit card interest rates sent shares of financial firms tumbling as major banks released their earnings. Ximena Aleman, co-CEO and co-founder of Prometeo, discusses the impact of new tech on the financial industry and AI in banking with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...

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Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week....

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CNBC's Leslie Picker joins 'Squawk on the Street' to discuss the latest earnings reports from regional banks....

Die Sparkasse Göttingen muss dem Verein Rote Hilfe, der linke Aktivisten unterstützt, vorläufig weiter ein Girokonto anbieten. Das Landgericht erklärte die Kündigung für rechtswidrig....

Noch liefern die Finanzhäuser Bank of America und Citigroup solide Gewinnzuwächse. Aber die abnehmende Verlässlichkeit der Rahmenbedingungen in den USA macht ihnen zu schaffen....

EG Group is lining up banks for an initial public offering in the US this year that could value the gas station operator at as much as $9 billion, according to a person familiar with the matter....

President Donald Trump's unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, while leaving the heads of Wall Street's biggest lenders fielding a swarm of questions on their quarterly earnings calls....

India's ASG Hospital Pvt. has hired five banks for an initial public offering of as much as $500 million in the second half of the year, according to people familiar with the matter....

Semiconductor and bank stocks helped lift the broad market higher on Thursday....