Markets

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

Xapien Secures $56 Million to Scale Dynamic Due Diligence Globally

Business relationships now move faster than the processes built to protect them. Xapien's dynamic approach breaks a decades old compromise between speed and assurance. Growing 350%+ in Annual Recurring Revenue…

KBRA Assigns Preliminary Ratings to UK Logistics 2026-4 DAC

KBRA UK (KBRA) is pleased to announce the assignment of preliminary ratings to five classes of UK Logistics 2026-4 DAC, a CMBS single-borrower transaction. The collateral for the transaction is…

Record Currency Management wins new FX Alpha and Frontier Market mandates

Record Currency Management Ltd (RCM), a subsidiary of London-listed Record plc (Record Financial Group), is pleased to announce that it has been awarded two new mandates of strategic importance –…

Agentic Crypto Payments Have Surged by 500%1 in the Last Three Months, Crypto Compliance Must Become Agentic Too

Elliptic is publishing eight principles for governing agentic on-chain risk: the Elliptic Standard

BGC Group Announces its First-Ever Fully AI Brokered Institutional Trade in Listed Equity Derivatives

Fully autonomous transaction between two institutional accounts marks milestone in AI-powered trading

OMBA Runs FINBOURNE Agentic AI in Production Across Daily Investment Operations

OMBA Advisory & Investments and FINBOURNE Technology today announced that OMBA has been running FINBOURNE agents in production for six months across its daily investment operations, reducing its operational burden…

New Circularity Data: Nine Out of Ten Returned Items Lose Value for Retailers

New research finds 86% of retailers have established circularity practices, yet only 9% resell more than half of returned products at full price

Alkermes Announces Launch of 9th Annual Alkermes Pathways Research Awards® Program

— Competitive Grant Program to Offer Individual Grants of Up to $100,000 per Project — — Areas of Interest Expanded to Include Narcolepsy and Idiopathic Hypersomnia in Addition to Schizophrenia…

Ride Therapeutics Announces up to US$7.3 Million Investment from the Cystic Fibrosis Foundation to Advance Next-Generation Genetic Medicines

Investment will support Ride's Molecular Logistics™ platform with the goal of delivering genetic medicines to the lung for all people living with cystic fibrosis Ride’s platform is designed to learn…

Transition Bio Partners with the Little Warrior Foundation

Transition Bio receives $750,000 grant from the Little Warrior Foundation Mission: advance science in one of cancer’s most elusive targets - EWS-FLI1 Goal: create a therapeutic for an aggressive pediatric…