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Accenture to Acquire Cabel Industry, Strengthening its Financial Services Capabilities in Italy
Businesswire· 2025-12-24 09:01
Core Insights - Accenture has agreed to acquire Cabel Industry, an Italian technology company specializing in core banking and IT managed services for mid-size financial institutions [1][2] - This acquisition will enhance Accenture's Financial Advanced Solutions & Technology (AFAST) portfolio, positioning it to deliver advanced IT solutions in banking and insurance sectors [2][3] Company Strategy - The integration of Cabel Industry's capabilities, including its approximately 200 skilled professionals, will allow AFAST to better support mid-market institutions in technology adoption and scalable business models [2][3] - Accenture aims to strengthen its core banking proposition and accelerate the delivery of flexible solutions aligned with the evolving technology priorities of Italian banks [3] Market Context - The core banking and credit management services are undergoing significant transformation due to demands for modernization and productivity [3] - Accenture has completed seven strategic acquisitions in Italy since 2023, indicating a strong growth strategy in the region [2] Transaction Details - The terms of the acquisition were not disclosed, and completion is subject to customary closing conditions [4]
CEF: Another Fresh High And Further Gains Likely To Follow
Seeking Alpha· 2025-12-23 20:29
The purpose of this article is to evaluate the investment backdrop for precious metals - specific to gold and silver - and why I believe the Sprott Physical Gold and Silver Trust (I've worked in Financial Services since 2008 and that is essentially when I started my investment journey. The first half of my career was spent in New York, working professionally after college (BS - Finance and D1 Men's Tennis), but I have since relocated to North Carolina, obtaining my MBA and then working in the Banking sector ...
Covered Option Funds Are Timely: JEPI Outshines XYLD
Seeking Alpha· 2025-12-23 17:56
Group 1 - The article discusses the expertise of Sensor Unlimited, who has a PhD in financial economics and has been covering the mortgage market, commercial market, and banking industry for the past decade [2] - Sensor Unlimited focuses on asset allocation and ETFs related to the overall market, bonds, banking and financial sectors, and housing markets [2] - The investing group Envision Early Retirement, led by Sensor Unlimited, offers solutions for generating high income and growth with isolated risks through dynamic asset allocation [2] Group 2 - Envision Early Retirement features two model portfolios: one for short-term survival/withdrawal and another for aggressive long-term growth [2] - The group provides direct access via chat for discussing ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request [2]
Russia’s central bank unveils new crypto rules to be adopted in 2026
Yahoo Finance· 2025-12-23 17:21
Russia’s central bank laid out a proposed framework that would legalize and regulate cryptocurrency trading for both individuals and institutions, continuing its softening stance toward cryptocurrencies. However, it continues to caution that investing in crypto carries risks, including potential losses. “They are not issued or guaranteed by any jurisdiction and are subject to increased volatility and sanctions risks,” the central bank’s press release said. “When deciding to invest in crypto assets, inves ...
The U.S. stock market had a rocky start to the year, thanks to tariffs and Trump's fight with the Fed. But it's ending on a high note
PBS News· 2025-12-23 16:49
It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a great year for anyone with the stomach to stick through the swings.S&P 500 index funds, which sit at the heart of many savers' 401(k) accounts, returned more than 18% in 2025 through Dec. 11 and set a record high that day. It's their third straight year of big r ...
Gold and silver prices break records, gas prices hit 4-year-low, why future rate cuts may be on hold
Youtube· 2025-12-23 16:12
Good Tuesday morning. Welcome to opening bid. I'm Yahoo Finance executive editor Brian Sazi.I'm coming in hot today. I had a lot of caffeine. So, if you're in that easy peasy holiday mindset, it's time to get out of it. Get out of it now.Here are my uh five things that you need to know today. One, gold prices have hit another record and are up a sparkly 70% this year. Gold has seen 50 record highs this year.Two, copper prices have also hit another record. Copper is up 30% this year. Sure is lots of copper b ...
ECB gains backing from Council of EU for caps on digital euro holdings
Yahoo Finance· 2025-12-23 15:57
The Council of the European Union, an EU body that amends legislation and commits national governments to adopting the bloc's laws, said it backs the European Central Bank’s plan to explore an official digital currency, calling it an evolution of money and a tool for financial inclusion. In a Friday post on its website, the Council, however, said the ECB will need to set limits on the total value that can be held in online accounts and digital wallets at any one time to “avoid the digital euro being used ...
X @TechCrunch
TechCrunch· 2025-12-23 15:46
France’s postal and banking services disrupted by suspected DDoS attack https://t.co/kcV80pttep ...
Sensex slips 43 pts; IT shares fall on profit-taking
Rediff· 2025-12-23 15:25
Benchmark stock index BSE Sensex slipped by 43 points in a volatile trade on Tuesday following profit-taking in IT and pharma shares and mixed global cues.Photograph: Arko Datta/ReutersSnapping the two-day gaining streak, the 30-share BSE Sensex dipped 42.64 points or 0.05 per cent to settle at 85,524.84.During the day, it hit a high of 85,704.93 and a low of 85,342.99.The 50-share NSE Nifty closed marginally up by 4.75 points or 0.02 per cent to 26,177.15.Among Sensex firms, Infosys, Bharti Airtel, Adani P ...
Gold's record-setting rally quietly turned an Asian currency into this year's breakout trade
Yahoo Finance· 2025-12-23 13:56
The Thai baht's gold-fueled rally has raised concerns among policymakers in the export-reliant economy.Lauren DeCicca/Getty Images Gold's surge has driven the Thai baht up 10% this year to its strongest level since June 2021. Thailand's role as a gold trading hub has turned record prices into FX inflows powering the baht. Officials plan a briefing on currency moves as the strong baht squeezes exports and trade. Gold's blistering rally this year hasn't stayed confined to commodities markets. One o ...