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Here, FT journalists explain the potential of these new developments in the retail and institutional financial services industry Supported by Infosys
...It said its audit committee believed sticking with KPMG would “aid a smooth transition and ensure continued audit quality”. It means Deloitte will miss out on significant fees....
...The move comes as charities face a stark financial crisis with inflation — which stands at 3.4 per cent — driving up costs and throttling donations, while demand for services provided by the sector has risen...
...This is a critical challenge in financial services....
...This is an audio transcript of the FT News Briefing podcast episode: ‘What new US aid means for Ukraine’ Sonja Hutson Good morning from the Financial Times....
...He points to the use of co-pilot systems to help reduce mundane tasks in financial services as in other areas....
...I’m Gideon Rachman, chief foreign affairs commentator of the Financial Times. This week’s podcast is about the war in Ukraine....
...It also ordered Israel to increase “the capacity and number of land crossing points” by which aid could be delivered to Gaza, and keep them open “as long as necessary”, while ensuring that its military did...
...We’re looking at some of the mechanisms at the moment to see whether we can strengthen that, possibly through legislation, to prevent those ongoing raids by other government departments,” Nandy told the Financial...
...Private equity group Carlyle and Abu Dhabi investment group IMI have agreed a fresh debt funding package for the Barclay family’s Very Group, the Liverpool-based retail and financial services group....
...Sony will list its financial services arm in 2025, providing a boost for investors even as the Japanese group cut its forecast for full=year sales of its PS5 gaming console....
...Aid could start reaching Ukraine as early as this week....
...to German security services....
...The Speaker of the US House of Representatives Mike Johnson has said the chamber will vote this week on Ukraine and Israel aid, a move that could end months of inaction over support for Kyiv....
...It is just one of several regulations that financial services businesses with cross-Channel operations have been trying to navigate after Brexit....
...Plus, weapon shipments are heading to Ukraine after President Joe Biden signed a highly anticipated $95bn foreign aid bill....
...“We have never seen a topic become relevant as rapidly as Gen AI,” Christoph Schweizer told the Financial Times....
...The prime minister’s announcement will bring the total amount of military aid Britain has pledged to Ukraine in the current financial year to £3bn as part of a push by Kyiv’s key western allies to bolster...
...The actions have come as hundreds of thousands of companies around the world — as many as 360,000, according to a Financial Times analysis of website data from internet research company BuiltWith — have...
...President Volodymyr Zelenskyy has told the US that Ukraine needs the $60bn aid currently stuck in a congressional stand-off within a month....
...The government said it had almost doubled spending in low-income countries over the past financial year and budgeted for growing in-country costs....
...The Post Office, which remained under public ownership when Royal Mail was privatised, made just £500mn of revenues from financial services last year....
...Spending on digital services is particularly buoyant in financial services, experts say, due in part to rising interest rates boosting margins for banks — creating surplus cash for them to spend on IT....
...The Wall Street Journal reported earlier this year that, in 2022, six financial institutions moved half a trillion dollars from AFS to HTM....
...With the indebtedness of governments, businesses and households at a peacetime record, renewed evidence of financial strains may yet emerge....
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