North American banks accelerated growth by implementing AI and enhancing their client experience. Across North America, the winners of our Best Banks awards continue to accelerate growth by embedding advanced technology and solutions driven by artificial intelligence throughout their organizations. With the rollout of new platforms and applications, these banks are enhancing the client experience,…
IAG shares are falling because the British Airways owner has warned that higher jet fuel costs, linked to the Iran war and wider oil-market pressure, will cut into profit, capacity growth and free cash flow. The group now expects its 2026 fuel bill to reach about €9.0bn, leaving investors to judge how much of that…
Western Europe’s banks were well capitalized, digitally evolving, and strategically acquisitive—despite rate headwinds. After the exceptional windfall years of 2022 and 2023, when aggressive rate hikes fattened net interest margins, most Western European banks had a strong 2024, particularly the larger players with extensive branch networks and franchises. Fast forward to 2025, and a more…
Brian Chesky received $242,122 in 2025 reported compensation as Airbnb’s co-founder and CEO, but that number barely explains his wealth. A reasonable current estimate for Chesky’s net worth is $9.5 billion to $12.5 billion, with the clearest evidence sitting in Airbnb’s proxy filing, his disclosed shareholding and the company’s latest share price. Airbnb’s 2026 proxy…
Home Private Credit Suntera’s Von Bevern on the ‘Speed’ Advantage of Private Credit Michael Von Bevern of Suntera breaks down how private credit lenders are faster and act more like business partners than banks in a tightening global market. As traditional banks continue to retreat from risk, private credit is stepping in to provide the…
Disney reported $25.2bn in quarterly revenue and $1.57 adjusted earnings per share, sending its shares higher even as attendance at its US parks slipped. Investors looked past the weaker footfall because Disney made more money from the customers it still had, while streaming, cruises and stronger earnings guidance gave the market a wider profit story….
Earlier this spring Canada hosted representatives from 18 countries to establish the Defence, Security & Resilience Bank (DSRB). The initiative aims to create a multilateral AAA-rated bank that can provide loans to allied governments and allow countries to borrow directly from the institution at a lower cost. Backers of the proposed DSRB want it to…
Apple has agreed to pay $250mn to settle claims that it overstated Apple Intelligence features tied to Siri, including a personalised AI assistant promoted around the iPhone 16 launch but delayed after customers had already bought eligible devices. The settlement is small by Apple’s standards, but the damage risk is larger: the company has turned…
Last year I dropped $2,847 helping my sister untangle her finances after divorce. And that wasn’t even for lawyers because she couldn’t swing those fees, just dealing with the avalanche of financial garbage that showed up later. She’d used online divorce and yeah that part went smoothly enough. But the financial aftershocks kept rolling in…
Coinbase is cutting around 700 jobs, roughly 14% of its workforce, as the crypto exchange tries to cut costs and reshape itself for the “AI era.” The company expects $50mn to $60mn in restructuring charges, mostly from severance, but the larger signal is for the whole tech sector: AI is now part of the financial…