Finance

US banks restrict AI agents' access to customer accounts
Institutions including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley have taken steps to restrict third-party artificial intelligence agents' access to customer accounts, citing the risk that they carry out operations beyond the instructions received, according to an Axios report dated October 22, 2026 and picked up by Reuters. In Colombia, Bogotá's city government warned about scams in which criminals pose as financial institutions and offer a supposed virtual assistant to obtain passwords and verification codes.
FinanceInternationalNoticias RCNOct 26AI
Dollar opens at COP 3,155 in Colombia, up 0.32%
The dollar opened this Monday, October 26, 2026, at COP 3,155 in Colombia, about COP 10 above Friday's close of COP 3,145, a 0.32% rise. In the first hour the average price reached COP 3,157.35 and the TRM stood at COP 3,158.43, 18.15% lower than a year earlier. The market is watching Lula's victory in Brazil, the Government's international bond issuance and the meetings of the Federal Reserve and Banco de la República.
FinanceColombiaDiario del SurOct 26AI
Markets show unusual signals amid concerns about AI
Markets look stable, with stocks near record highs, but behind the numbers there are signs of nervousness about artificial intelligence. On October 22 the market-cap-weighted S&P 500 fell 1.2% while the equal-weight index rose 0.5%, a divergence seen only twice since 1995. That same day the 10-year Treasury yield fell below 5%, its biggest one-day drop since March 2023. Doubts about AI companies' borrowing are fueling the unease.
FinanceInternationalCNN en EspañolOct 26AI
Dollar opens last week of October up $10 in Colombia at $3,155
The dollar in Colombia began the last week of October at $3,155, $10 more than Friday's close. The minimum price was $3,139 and the maximum $3,155, with an average of $3,145, $13 above the representative market rate published by the Financial Superintendency. The market is watching the rescue law announced by the De la Espriella government, aimed at cleaning up the country's finances, and the Banco de la República's rate decision expected on Friday.
FinanceColombiaPulzoOct 26AI
Former Supersolidaria chief says questioned payments at a company linked to Coosalud were reported to the Prosecutor's Office and are not health funds
María José Navarro, former superintendent of the Solidarity Economy, said the questioned payments from accounts of a company linked to the Coosalud Cooperative correspond to a uniform manufacturing firm and not to funds from the health system. According to Navarro, when the intervening agent informed her of the facts she advised reporting them to the Prosecutor's Office, which the intervention did in February 2026. The former official asked that these revelations not divert attention from investigations into the handling of health funds during Jaime González's administration.
FinanceColombiaEl TiempoOct 26AI
São Paulo stocks fall and the real weakens after Lula's reelection
The São Paulo stock exchange opened lower and the real lost ground against the dollar after Luiz Inácio Lula da Silva won the runoff with 51.8% of the vote against 48.2% for Flávio Bolsonaro, according to the electoral court. The drop triggered the Ibovespa's 30-minute pause mechanism, which applies when the index falls 10% or more. Many investors had bet on the right-wing candidate and are now unwinding that bet.
FinanceInternationalEl EspectadorOct 26AI
Saudi Arabia to store crude oil in Singapore from 2027
Saudi Arabia and Singapore are moving forward with an agreement to store Saudi crude at the Jurong Rock Caverns, underground caverns on Jurong Island. Singapore's Energy Market Authority and JTC Corporation exchanged a memorandum of understanding with Saudi Aramco during Singapore International Energy Week 2026. Operations are expected in the second half of 2027 and aim to strengthen Singapore's energy security and the flexibility of Saudi supply in Southeast Asia.
FinanceInternationalInspenetOct 26AI
Bre-B prepares move into business and government payments for 2027
Banco de la República is preparing a new phase of Bre-B that would extend its use to business and government payments, according to Ana María Prieto, director of the central bank's payment system. The regulatory proposal is under industry comment and the new services could start in 2027. Bre-B, which marked one year in October, has seen more than 110 million keys created and grew from 2 million to more than 10 million daily payments; in September it moved COP 30 trillion.
FinanceColombiaVanguardiaOct 26AI
São Paulo stock exchange plunges 16.6% after Lula's victory in Brazil
The São Paulo stock exchange opened Monday down 16.6% after the re-election of Luiz Inácio Lula da Silva. The market triggered the circuit breaker for the first time since 2020, after halting trading for 30 minutes on losses above 10%. Petrobras fell 8.6% and bank Itaú 15.6%. The Brazilian real depreciated 12% against the dollar. The market had expected a victory for Bolsonaro, who had promised fiscal adjustment and privatizations.
FinanceInternationalCaracol RadioOct 26AI
Apollo acquires a minority stake in Mubadala Capital
Apollo announced it will acquire a minority stake in Mubadala Capital and commit capital to its investment strategies. Alongside other strategic investors, it is expected to commit a total of $5 billion to those strategies at the initial closing. Mubadala Capital, founded in 2011, manages more than $60 billion across five alternatives strategies. Mubadala Investment Company will remain the majority shareholder and the manager will keep its independence and governance. The deal is expected to close in the fourth quarter of 2026, subject to regulatory approvals.
FinanceInternationalFunds SocietyOct 26AI
Five candidates vie for Andi's executive presidency after Bruce Mac Master's departure
Colombia's National Association of Entrepreneurs (Andi) has five candidates for its executive presidency following Bruce Mac Master's departure: Luz Stella Murgas, Carlos Andrés De Hart Pinto, Juan Camilo Nariño Alcocer, Nicolás Uribe Rueda and Jaime Bermúdez Merizalde. Their backgrounds span the gas industry, mining, agribusiness, commerce, consulting and international relations. The selection takes place amid differences between the national government and the business group during Mac Master's final stage, who raised concerns about pressures that could affect the organization's independence.
FinanceColombiaEl Universal (Cartagena)Oct 26AI
Colombian peso strengthens as dollar opens at 3,147.48 pesos after oil and US bond declines
The dollar opened lower in Colombia at 3,147.48 pesos, 10.95 pesos below the day's TRM of 3,158.43, with a low of 3,139 and a high of 3,155 during the opening. Downward pressure on the greenback is linked to lower US debt yields and a nearly 2% drop in Brent crude to US$114.50 per barrel, after Qatari mediators traveled to Tehran for efforts aimed at reducing regional tensions.
FinanceColombiaEl ColombianoOct 26AI
Dollar reverses trend and rises in Colombia despite falling oil and US bonds
The dollar is trading higher at 3,160 pesos in Colombia, a difference of 1.57 pesos from the day's TRM of 3,158.43, after opening with a low of 3,139 and a high of 3,155. The session was marked by falling US Treasury yields and a nearly 2% drop in Brent crude to US$114.50 per barrel. Investors remain focused on this week's monetary policy decisions.
FinanceColombiaEl ColombianoOct 26AI
Minesto signs memorandum with Morteza Capital to bring tidal energy to the Maldives
Swedish firm Minesto, specialized in ocean energy, formalized a memorandum of understanding with investment firm Morteza Capital to identify and structure commercial opportunities for tidal technology in the Maldives as an alternative to imported diesel. The project has backing from the Nordic Project Fund (Nopef) for feasibility studies and market prospecting. Minesto has already signed a similar understanding with Trayen Power in Chile and was selected for the Sweden-Indonesia Sustainability Partnership program.
FinanceInternationalInspenetOct 26AI
Lula wins re-election in Brazil, curbing Trump's regional plans
Luiz Inácio Lula da Silva won Brazil's runoff with nearly 52% of the vote against Flávio Bolsonaro, according to the report. The result frustrates the possibility of the White House adding Latin America's largest economy to its bloc of regional allies and leaves the so-called 'Shield of the Americas' without its Brazilian arm. Flávio Bolsonaro has refused to recognize the results, while Trump has not yet commented.
FinanceInternationalEl Universal (Cartagena)Oct 26AI
Colombian peso: dollar opened the week with a slight rise after Lula's win in Brazil
The dollar opened the week with a slight rise versus Friday's close, when it ended near COP 3,145 after falling almost COP 13 in the spot market between Monday, October 19, and Friday, October 23. Luiz Inácio Lula da Silva's victory in Brazil with 51.8% of the vote surprised investors positioned for a Flávio Bolsonaro win. Domestically, the government is selling dollar bonds maturing in 2032, 2037 and 2056, and the market awaits decisions from the Fed and Banco de la República.
FinanceColombiaEl EspectadorOct 26AI
Crescenta signs financing line with BlackRock to fuel its growth
Crescenta has signed a debt financing line with funds and accounts managed by BlackRock. According to the firm, the funds will support its technological innovation and business development, and strengthen its ability to attract backing from top-tier firms. The agreement comes amid growing interest in private markets among Spanish investors. Its CEO and co-founder, Ramiro Iglesias, and president and co-founder, Eduardo Navarro, said the financing will contribute to the company's continued growth.
FinanceInternationalFunds SocietyOct 26AI
Spain's elevator market tops 3.3 billion euros and moves toward greater concentration
Spain's elevator and lifting equipment market reached 3.32 billion euros in 2025, up 9.9% from the previous year, according to Informa's DBK Sectoral Observatory. Installation grew 13.5% to 840 million, while maintenance and repair billed 2.48 billion, about 74.7% of the total. The top five operators hold 68.5% of the market. DBK expects annual growth of 6%-7% and close to 3.8 billion euros in 2027.
FinanceInternationalInterempresas MediaOct 26AI
ETFs: record $2.24 trillion of inflows through September
Investors put $2.24 trillion into exchange-traded funds (ETFs) between January and September, the highest figure on record and 45.5% more than the $1.54 trillion of all of 2025, according to ETFGI. In September alone they took in $276.06 billion, 11.2% more than in August, marking 88 straight months of net inflows. Assets fell to $23.91 trillion from $24.03 trillion in August due to stock market declines, though they are up 20.7% this year.
FinanceInternationalFinectOct 26AI
Johnson & Johnson reports 75% tumor response with JNJ-6143 in Phase 1 prostate cancer trial
Johnson & Johnson (NYSE:JNJ) presented Phase 1 results for JNJ-6143, an experimental oral treatment for advanced prostate cancer, at the ESMO 2026 congress in Madrid. In the 50 mg group, 12 of 16 patients with measurable disease achieved a confirmed tumor response (75%), and 77% of 38 patients recorded a PSA reduction of at least 50%. The company selected that once-daily dose to continue with a Phase 2 trial in metastatic cancer. The most frequent adverse events were elevated cholesterol, nausea and high triglycerides.
FinanceInternationalRevista ADVFNOct 26AI