Banking
China Financial Sector Plan Sets a Broader Reform Agenda
China has issued a comprehensive China financial sector plan covering the period from 2026 to 2030, setting out a roadmap for building a modern financial system with Chinese characteristics. The plan was formulated by the office of the Central...
Asia Pacific
LinqAlpha and KOSCOM Sign MOU to Expand Korean Market Data Access
The LinqAlpha and KOSCOM MOU marks a significant collaboration aimed at broadening global access to Korean market data and advancing AI-powered investment analysis services for institutional investors. LinqAlpha, an AI-native financial intelligence company serving institutional investors, and KOSCOM, the...
Asset Management
Broadridge Launches DLX Tokenization Platform for Financial Markets
Broadridge Financial Solutions has announced the launch of DLX, a fully integrated tokenization and digital asset infrastructure platform built for institutional market participants. The Broadridge DLX platform enables financial institutions to operate across both tokenized and traditional markets through...
Asia Pacific
China Announces RMB300 Billion Capital Boost for State Financial Institutions
China's Ministry of Finance is pressing ahead with a major China capital boost through a RMB300 billion special treasury-bond programme designed to strengthen the capital of eight centrally administered state financial institutions. The recapitalisation effort spans major commercial banks,...
Banking
WaFd and EverBank Announce $3.9 Billion Reverse Merger to Form Nationwide Banking Organization
WaFd and EverBank Financial Corp have entered into a definitive agreement for a $3.9 billion reverse merger, a transaction that would create a larger nationwide banking organization with a diversified deposit base and more than 250 financial centers. The...
Financials
Nvidia to Acquire Hugging Face in $12.9 Billion Deal
The Nvidia Hugging Face Acquisition represents a major transaction in the AI technology sector, with Nvidia announcing plans to acquire the open source AI platform Hugging Face for $12.9 billion. CEO Jensen Huang confirmed the deal in a blog...
Financials
LSEG and Payward Advance Tokenised Equity Infrastructure
The London Stock Exchange has partnered with Payward, the parent company of Kraken, to explore tokenised equities through regulated market infrastructure.
The partnership will examine how digital native access and blockchain based systems can connect with LSEGโs regulated market ecosystem,...
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