Visa tops profit estimates on resilient spending, World Cup travel

Minutes Item 1: Welcome and Apologies Andrea Rosen (Chair, Bank of England) welcomed David Adams (Morgan Stanley) and Oliver Brennan (BNP Paribas) as guest presenters. Ms Rosen flagged that Raj Venkataramani (Goldman Sachs) had stepped down from the Committee and thanked Mr Venkataramani for his valuable contributions. Ms Rosen noted apologies from Paul Houston (CME),…

The semiconductor market, which has significantly outperformed the broader market in 2026 is seeing a pullback in July. The factors driving this rise include aggressive profit-taking, valuation concerns, and unwinding leveraged trades following a historic AI-fueled rally.  Key Takeaways The recent semiconductor market pullback is fueled by institutional profit-taking amid record valuations, the unwinding of…

The Delhi High Court has ordered the winding up of Paytm Payments Bank Ltd (PPBL), the Reserve Bank of India (RBI) said on Tuesday. “By an Order dated July 08, 2026 read with the Order dated July 22, 2026, the Hon’ble High Court of Delhi has ordered that PPBL be wound up under the provisions…

Geopolitical shocks have pushed family offices to rethink nearly every corner of their portfolios. Infrastructure has emerged as the asset class they trust most right now. Key Takeaways: Private equity draws the most capital, but venture bets are being cut hard. Infrastructure has become family offices’ top investment priority worldwide. Japan and Northern Europe are…

This article was written by Follow Dear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background covers both institutional and private client asset management, where I have advised on and implemented multi-asset…