Markets News
The Financial Ombudsman Service (FOS) has reported that they received 40% more complaints in the first half of 2024 than in the same period in 2023.
Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from its extensive research library.
ProPicks, an AI-based stock picker provided to subscribers of Investing.com, has outperformed the S&P 500 by almost 50% since its launch last year.
Polish identity verification vendor Authologic has closed on an $8.2 million Series A funding round.
Eurex Clearing has successfully tested the settlement of cash over a distributed ledger operated by the Banque de France.
On the second day of Sibos, Benedicte Nolens, centre head of the BIS Innovation Hub moderated the session ‘Reality check: How far have CBDCs come?', and the speakers outlined how central bank digital currencies (CBDCs) are in various processes of development in their countries.
