Company will also celebrate 30-year anniversary of its IPOLima, July 09, 2025 (GLOBE NEWSWIRE) -- Lima, Peru, July 9, 2025 – Credicorp (NYSE: BAP | BVL: BAP), announces its upcoming 2025 Investor Day and 30th IPO Anniversary Celebration, scheduled for Thursday, October 9, 2025, in New York. At this event, Credicorp’s leadership will reflect on its 30 years of transformation since the IPO, sharing how its integrated strategy is shaping the future of financial services. Discussions will explore how the compan ...

Amendment Substantially Increases Operational Flexibility Outstanding Balance Reduced to $62.5 Million LOS ANGELES, July 9, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that it has entered into an amendment to its senior secured credit agreement ("Term Loan Facility") with funds managed by Oaktree Capital Management, L.P. ("Oaktree"). The amended Term Loan Facility provides incremental flexibility, inclu ...

LIMASSOL, Cyprus, July 08, 2025 (GLOBE NEWSWIRE) -- WeTrade Group, a leading global financial broker, has achieved a significant milestone by securing a licence from the ASIC for its Australian entity, WeTrade Capital (Australia) Pty Ltd (Licence No. 544624). This licence is a key part of WeTrade’s plan to grow in Asia-Pacific and operate with strong regulatory oversight.  Trusted Trading, Backed by Australian Regulation  The ASIC licence enables WeTrade to provide regulated financial services in Australia, ...

RT mariaa.eth 🐸 (@MariaShen)5/To meet this demand for truly global financial services, a system must be:– Accessible globally (no geographic gatekeeping)– Safe for institutions (security + regulatory clarity)– Resistant to gov't interferenceEthereum delivers all three. https://t.co/z2hNWaejiD ...

COLUMBUS, Ohio, July 08, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions, will host a conference call on Thursday, July 24, 2025, at 8:30 a.m. ET to discuss the company’s second quarter 2025 results. Conference Call/Webcast InformationParticipants can register in advance here, and the conference call will be available at the company’s investor relations website. Analysts ...

Group 1 - The core initiative of shared external debt quotas between parent and subsidiary companies in the leasing sector aims to facilitate cross-border financing for various enterprises [1][2] - As of May 2025, a total of 10.04 billion USD has been shared among four leasing parent and subsidiary companies, demonstrating the practical success of this policy [1] - The shared external debt quota allows subsidiary companies to utilize unused quotas from parent companies, thereby expanding financing channels for leasing companies [1][2] Group 2 - The shared external debt quota system enhances the ability of leasing companies to tap into both domestic and international markets, addressing the limitations of their own capital [2] - A notable case in 2024 involved a leasing company in Zhejiang that secured a shared external debt quota to finance a 4,500-ton asphalt oil ship, showcasing the new financing avenues opened by this initiative [2] - This innovation in the financial system reflects China's practical wisdom in financial openness, aiming to break down capital flow barriers while ensuring risk control [2] Group 3 - The release of micro-level entities' vitality is expected to shift the leasing industry from scale expansion to quality improvement, providing replicable institutional models for cross-border financial service innovation [3] - With more stable cross-border funding support, leasing companies will enhance their capabilities in servicing high-end equipment manufacturing and green energy sectors [3] - Financial resources will be more precisely injected into key links of the industrial chain, promoting overall industry growth [3]

A slew of analyst initiations on Circle today as mostly are bullish of many raising some concerns over its valuation. Remember, it's up 500% from its IPO earlier this month. But my next guest is in the bull camp.He initiated with a 230 price target. It's $50 higher from here. Says it's a mustold for investors.Let's bring in Bernstein's Gotham Chagani. I don't know Gotham if you caught that Vlad Tenn interview we just had either because this all kind of goes back to the future of the crypto ecosystem. Welcom ...

Company Overview - BitMine has announced a private placement for the purchase and sale of 55,555,556 shares of common stock at a price of $4.50 per share, expecting gross proceeds of approximately $250 million [3][5] - The company focuses on accumulating cryptocurrencies for long-term investment, with operations in Bitcoin mining and Ethereum treasury strategy [12] Leadership Changes - Thomas Lee has been appointed as the Chairman of the Board of Directors, effective immediately [1][6] - Lee emphasized the convergence of traditional financial services and crypto, highlighting the quality of investors involved in the transaction [6] Treasury Strategy - The proceeds from the private placement will be used to acquire Ethereum (ETH) as the company's primary treasury reserve asset, enhancing its treasury strategy [5][6] - BitMine aims to increase its treasury holdings significantly, with existing treasury holdings increased by over 16 times [2] Market Context - The stablecoin market is projected to grow from $250 billion to potentially $2 trillion, with Ethereum being the primary blockchain for stablecoin transactions [7] - The company plans to leverage its ETH treasury position for protocol-level activities, including staking and decentralized finance mechanisms [6][7] Partnerships and Advisors - The transaction was led by MOZAYYX, with participation from notable investors such as Founders Fund, Pantera, and Kraken [4][6] - FalconX, Kraken, and Galaxy Digital will partner with BitMine to develop a world-class Ethereum treasury strategy [7]

Group 1 - The world is undergoing significant changes, and the international financial governance system is facing profound restructuring, with China playing a crucial role as the world's largest trading nation and foreign exchange reserve holder [1] - Accelerating the construction of a financial powerhouse is essential for achieving the great rejuvenation of the Chinese nation and adapting to the contemporary global financial landscape [1] Group 2 - The concept of a financial powerhouse is based on a strong economic foundation, leading global economic strength, technological capability, and comprehensive national power, along with six key financial elements [2] - The six key financial elements include a strong currency, a capable central bank, robust financial institutions, a significant international financial center, effective financial regulation, and a talented financial workforce [2] Group 3 - Building a financial powerhouse requires a strong real economy as its support, as a robust economic foundation ensures the stable operation of the financial system and drives financial innovation and development [3] - Historical examples, such as the UK's industrial revolution and the post-World War II U.S. economic dominance, illustrate how strong economic foundations can enhance a nation's financial credibility and governance [3] Group 4 - Financial development must return to serving the real economy, as the essence of finance is to support economic growth and prevent financial risks [4] - The 2008 financial crisis highlighted the dangers of financial institutions operating outside the fundamentals of the real economy, emphasizing the need for finance to support real economic development [4] Group 5 - High-quality financial services are essential for economic and social development, focusing on technology finance, green finance, inclusive finance, pension finance, and digital finance [5] - Financial resources should be allocated precisely to strategic emerging industries and advanced manufacturing to promote structural adjustment and new economic growth points [5] Group 6 - Developing a global high-efficiency financial market and cultivating internationally competitive financial institutions are core financial elements for building a financial powerhouse [6] - The financial system must address issues of uneven capital allocation and improve financing efficiency to better serve the real economy [7] Group 7 - Steadily promoting the internationalization of the Renminbi is crucial for enhancing China's position in the international monetary system and creating a favorable external environment for building a financial powerhouse [8] - The goal is to increase the use of the Renminbi in cross-border trade and attract international investors to participate in China's financial markets [8] Group 8 - Participating in and leading reforms of the international financial governance system is necessary for transitioning from being a rule taker to a rule maker in the global financial landscape [9] - The need for a more equitable, inclusive, and sustainable financial governance system is emphasized, along with the importance of reforming multilateral financial institutions [9]

Core Insights - Diane Morais has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company, effective July 1, 2025 [1] Group 1: Diane Morais' Background and Experience - Morais has over 30 years of experience in the financial services sector, most recently serving as President of Consumer and Commercial Banking at Ally Bank from 2017 until her retirement in 2024 [2] - At Ally, she was instrumental in the creation and launch of the Ally brand in 2009 and oversaw various banking divisions including deposits, online brokerage, mortgage, and credit card businesses [2] - Prior to her tenure at Ally, Morais spent 12 years at Bank of America in senior roles and nine years at Citibank in the credit card division [3] Group 2: Contributions to First Citizens BancShares - Frank B. Holding, Jr., chairman and CEO of First Citizens, expressed confidence in Morais' customer-centric vision and leadership style, which aligns with the company's long-term focus [3] - Morais will serve on the Joint Risk Committee and Joint Technology Committee of First Citizens BancShares and First Citizens Bank [5] Group 3: Community Involvement and Recognition - Morais is actively involved in the Charlotte community, serving on the boards of several organizations and volunteering for various charities [4][5] - She has been recognized as one of American Banker Magazine's 25 Most Powerful Women in Banking for nine consecutive years through 2023 and received the 2024 Lifetime Achievement Award from the Charlotte Business Journal [4]