The International Monetary Fund has formally integrated digital assets into its global statistical framework, marking a pivotal development in how countries report cross-border financial activity. In the newly released seventh edition of its Balance of…

Bank of America has eliminated several investment banking positions, including in New York, according to three sources familiar with the matter. The affected employees include junior bankers such as analysts and associates. Some of those…

Microsoft has announced a further investment of ZAR 5.4 billion ($287 million) in South Africa, reinforcing its commitment to the region’s digital transformation. The funds, to be deployed by 2027, will bolster the company’s cloud…

Banco Santander has received regulatory approval to acquire a majority stake in Spanish alternative finance and private equity firm Tresmares Capital, marking a strategic move to strengthen its position in the growing private debt and…

Apple has announced a sweeping $500 billion investment in the United States over the next four years, highlighting plans to create 20,000 jobs and construct a new server manufacturing facility in Houston, Texas. The commitment,…