News
BNP Paribas and Google Cloud Expand Agentic AI in Banking
BNP Paribas and Google Cloud are expanding their collaboration through a five-year agreement focused on artificial intelligence, cloud infrastructure and the development of agentic AI in banking. The agreement will expand BNP Paribas' access to Google Cloud's AI-optimised infrastructure,...
Banking
Tokenised Deposits Move into Live Interbank Payments
Britain's largest banks have completed live interbank transactions using tokenised deposits, marking the first time commercial-bank money has moved between separate financial institutions through shared blockchain-based infrastructure. The milestone emerged from the Great British Tokenised Deposit project, a collaborative...
Financials
Major AI Investment Gets Backing From Jumbo Bond Sale
SoftBank Group has launched a jumbo bond sale exceeding $11 billion to help finance its planned investment in OpenAI. The offering consists of $10 billion of senior unsecured dollar notes and an additional โฌ1 billion of euro-denominated notes, marking...
Asset Management
World Bank Reaches Record Private Capital Mobilisation
The World Bank Group has mobilised a record $112 billion in private capital during fiscal year 2026, more than tripling the $35 billion figure recorded in FY2022 and marking a substantial increase from $69 billion in FY2025. Combined with...
Americas
Banking Agencies Rework Third Party Risk Management Framework
The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration and the Office of the Comptroller of the Currency have jointly proposed new interagency guidance designed to strengthen third party risk management across the banking...
Africa
AfDB and KEXIM Strengthen Co-Financing for Africa Projects
The African Development Bank and Korea's Export-Import Bank have formalised a new co-financing partnership aimed at channelling additional capital into projects across Africa. The two institutions signed a memorandum of understanding on 9 September 2026 in Seoul, establishing a...
Americas
House Passes FUTURES Act to Upgrade Financial Agencies’ Technology
The US House of Representatives passed the FUTURES Act on 15 September 2026 by a sweeping 417-7 vote, advancing legislation that would require federal financial agencies to conduct thorough assessments of their technology capabilities and report their findings to...
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