In a notable development for the global financial industry, UBS has reported its first quarterly profit since the historic acquisition of Credit Suisse. This achievement marks a significant milestone for UBS as it emerges from a period marked by the challenges of integrating two banking
A New Era for Credit Scoring Experian is altering the financial landscape with the introduction of Cashflow Attributes, a tool designed to enrich the process of credit evaluation. This groundbreaking invention could signal a new era for credit scoring, as it seeks to address a critical issue: the
As market uncertainties loom, Evolve Investment Holding has reported an impressive surge in the performance of its gold investment funds, indicating a robust appetite among investors for safe-haven assets. Sameh Eltorgoman, the CEO, spoke of the company's gold funds yielding remarkable gains,
As the deadline for the Consumer Financial Protection Bureau's open banking rule draws nearer, set for conclusion in the forthcoming fall season, U.S. banks are facing a transformative challenge. The regulation requires financial institutions to enable customers to share their financial data
In the fast-paced milieu of private equity, where quick and accurate financial reporting is paramount to success, the industry is witnessing a monumental shift. The integration of Power BI analytics into financial reporting practices is reshaping how private equity firms handle their data-intensive
In Wakefield, Massachusetts, a new chapter in local energy innovation has been penned with the successful completion of the 230-kilowatt (kW) solar energy project by Ameresco. This ambitious venture, crafted for the Wakefield Municipal Gas & Light Department (WMGLD), is a beacon of progress in
