The wealthtech sector in Asia-Pacific could be worth more than $2trn by 2027 thanks to technological advancements, according to a report published by McKinsey.

Rachel Reeves, UK Chancellor, announced reductions to allowance for tax-free cash savings in a push to get the public to allocate more funds into stocks and shares to boost the economy. However, backlash from building societies and banks has led to these plans being shelved.

UBS and CIBC have executed a world-first intraday FX swap transaction on the DLT-enabled Finteum Platform.

Stock market investment app Robinhood has marked its launch in the UK with the erection of an eight-foot-tall Robin Hood statue firing an arrow in the direction of the Bank of England.

Google parent Alphabet has dissolved its stake in stock trading app Robinhood.

The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.

In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.

In July 2025, the US passed the GENIUS Act, making it the first federal regulatory system for stablecoins, and laying down groundwork for stablecoin innovation in the banking and retail sectors.

Nasdaq and AWS have joined forces to bring the benefits of cloud to market operators around the world.

The European Securities and Markets Authority (Esma) has called for the EU to migrate to a T+1 settlement cycle by October 2027, ensuring coordination with the UK.

Growing levels of financial crime and regulatory scrutiny are forcing organisations to step up spending on compliance, but they are less sold on AI as the standalone solution, according to a global survey of risk and compliance officers by LSEG Risk Intelligence.

ABN Amro has become the first Dutch bank to register a digital green bond on a public blockchain.

Stock trading app Robinhood has laid off another seven per cent of its workforce, about 150 employees, according to the Wall Street Journal.

Artificial intelligence is no longer just a technology; it’s a credit risk. That’s the message from Moody’s Ratings in its latest update to the AI Corporate Heatmap, which assesses the impact of AI advances on corporate creditworthiness through 2030.

Binance has agreed to pay $4.3 billion to settle a long-running investigation by the US Department of Justice, with the crypto exchange’s founder Changpeng “CZ” Zhao also stepping down as CEO and pleading guilty to violating anti-money laundering requirements.