Markets

City AM’s market news feed in partnership with Business Wire.

UK Credit Card Payment Rates Drop and Card Balances Rise as Summer Spending Puts Pressure on Consumers

FICO UK Credit Card Market Report for June 2026 identifies the need for increased vigilance on late payments by risk teams

Daiichi Sankyo Appoints Markus Kosch to Lead Europe Business as Part of New Commercialization Organization

Daiichi Sankyo (TSE: 4568) today announced the appointment of Markus Kosch, MD, as Head of Europe Business, effective April 1, 2027. In this role, he will lead the company’s European…

Zanders Expands DACH Region with New Office in Vienna, Austria

Zanders, the global treasury, risk, and technology consultancy, today announced a significant expansion of its DACH region with the opening of a new office in Vienna. The move builds on…

Citi Appointed as Depositary Bank for Agilyx ASA’s ADR Program

Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA (“Agilyx”), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (“ADR”) program. Agilyx’s ADRs trade…

Tanium Reappoints Co-Founder Orion Hindawi as CEO to Drive Next Chapter of Growth

Company to focus on deepening its Autonomous IT capabilities, further expanding AI offerings across its portfolio, and strengthening customer and partner engagement

Perma-Pipe Secures More Than $67 Million in New Orders in the Second Quarter of 2026

Awards include significant Oil & Gas projects in MENA and Canada, as well as the Company's largest single leak detection project to date and continued growth at its new Ohio…

KBRA Assigns Preliminary Ratings to Sona Aclai CLO I DAC

KBRA UK (KBRA) assigns preliminary ratings to six classes of Notes issued by Sona Aclai CLO I DAC, a multicurrency European cash flow collateralized loan obligation (CLO) backed by a…

COSMOS, Intel, and Airspan to Test and Evaluate OCUDU in End-to-End, 5G/NextG Deployment Scenarios

The Cloud Enhanced Open Software Defined Mobile Wireless Testbed for City-Scale Deployment (COSMOS), a National Science Foundation PAWR (Platform for Advanced Wireless Research) platform led by Rutgers University/WINLAB together with…

Cox Capital To Expand Liquidity Solutions for Retail Investors in Private Markets

The liquidity solutions provider for alternative investments prepares to launch tender offers for interval funds in the coming months and affirms its ongoing program for non-traded BDCs.

Northern Trust Expands Relationship with First Sentier Group to Support Irish Fund Structure

Northern Trust (Nasdaq: NTRS) today announced it has expanded its relationship with First Sentier Group, having been appointed fund administrator and depositary for First Sentier Group’s Irish fund, the First…