Home Awards Award Winners Best Sub-Custodian Banks 2026: Africa Global Finance honors the financial institutions modernizing sub-custody. Africa STANDARD BANK Suemantha Dahya, Standard Bank Standard Bank offers the most comprehensive custody franchise on the continent through its powerful range of solutions and market expertise, providing international investors with secure and efficient access to regional markets. In…
SpaceX employees celebrate the market close of the SpaceX initial public offering (IPO) at the Nasdaq Marketsite on June 12, 2026, in New York City. Spencer Platt | Getty Images SpaceX believers are trying a new approach in the options market. Up until now, options flows were largely dominated by out-of-the-money call-buying, but the most…
“I was approached by one company who wants to use AI to dispatch ambulances.”
A prolonged slowdown in UK initial public offerings is restricting exit options for private equity and venture capital investors, increasing their reliance on sales to other financial sponsors and strategic buyers, according to a report by Bloomberg citing data from PitchBook. IPOs have traditionally represented one of the three main routes for private equity firms…
Successful AI transformations follow the 1:3:5 pattern: For every dollar invested in agentic technology, organizations spend three on process redesign and five on capability building and adoption. However, most companies invert this formula entirely. Technology captures the lion’s share of executive attention and investment while capability building and behavior change are treated as implementation details….
Mortgage rates are a little higher this morning, but are likely to soften on the heels of a lackluster jobs report. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.54% APR, according to rates provided to NerdWallet by Zillow. This is seven basis points higher than yesterday but 16 basis points lower…
The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a downwardly revised 20,000 for June. The Dow Jones…
It didn’t have to be Spokane. A fast-moving wildfire could sweep into the suburbs of any one of hundreds of cities across the United States. It’s happening with increasing frequency. Paradise. Marshall. Lahaina. Los Angeles. This time it was Spokane, Washington, but scientists warn it will happen again. It’s a pattern that has become “uncomfortably…
British Army soldier aims a combat shotgun during a counter-drone exercise, July 10, 2026, Getty Images Artillery used to be the biggest threat to foot soldiers, now most casualties are caused by drones. One big difference is that FPVs can be shot down, giving troops a chance to save themselves in the last second before…
As the United States moves past its 250th anniversary, artificial intelligence has emerged as one of the defining technologies of the next era of economic growth. Throughout American history, sustained economic growth has depended on broad skill shifts. The industrial era required workers who could operate increasingly sophisticated machinery. The information age demanded digital literacy…
