Know What's Happening in Finance
Know What's Happening in Finance
Flex to Acquire Electrical Power Products for $1.1B, Expanding Power Infrastructure Portfolio
Flex Ltd. announced a definitive agreement to acquire Electrical Power Products for approximately $1.1 billion in cash. The target contributes roughly $323 million of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Also developing:
The National Stock Exchange of India will reduce its system latency to the nanosecond range on April 11, enabling roughly 100 million transactions per second. The upgrade, announced by CEO Ashishkumar Chauhan, also expands colocation capacity and adds new futures products, while flagging heightened cyber‑security risks.
The article breaks down the hidden and visible costs of launching a startup, emphasizing that entrepreneurs often underestimate both financial outlays and the emotional toll. It highlights specific line items such as professional support subscriptions, incorporation fees, and office space...
The American Institute of CPAs has formally asked the Treasury and IRS for guidance on the revised Section 45S paid family and medical leave credit introduced by the One Big Beautiful Bill Act. The legislation broadens eligibility, allowing a larger pool of employers to claim...
The FDIC has rolled back its 2022 guidance that limited banks from interacting with public, permissionless blockchains, signaling a more permissive stance under Chair Travis Hill. Hill indicated that while the agency will focus on implementing the GENIUS Act, it...
AKUVO and Convoke announced a strategic partnership that merges AKUVO's AI‑driven pre‑charge‑off collections suite with Convoke's SaaS platform for post‑charge‑off recovery and third‑party oversight. The integration creates a modular, cloud‑native workflow that spans the entire delinquency lifecycle, from early digital...
The European Central Bank’s 2024 geopolitical‑risk reverse stress test asks banks to start with a worst‑case loss—three percentage points of their capital ratio—and work backwards to identify the geopolitical shock that could cause it. For BNP Paribas, that means roughly €20 billion...
Internal audit functions are facing tighter budgets and reduced headcount, with 19% reporting lower budgets for 2025—up from 11% a year earlier—and staff cuts rising to 18%, matching the pandemic peak. Funding sufficiency is markedly higher for audit teams that...
Ambulatory Surgery Center owners are increasingly using sale‑leasebacks to turn trapped building equity into cash while keeping operational control. By selling the property to an investor and signing a 10‑15‑year triple‑net lease, physicians can boost EBITDA, improve valuation multiples, and...
The Federal High Court in Abuja has fixed April 13 for judgment in the N868 million money‑laundering case against former acting Accountant‑General Chukwunyere Nwabuoku. The former official, who posted N500 million bail, faces nine amended counts tied to alleged conversions of illicit...
Catastrophe bond issuance in the first quarter of 2026 is projected between $6.34 billion and $6.54 billion, making it the second‑largest Q1 on record. February 2026 already broke the $2 billion threshold and March is on track to exceed $3 billion, setting new monthly...
A SmartSense survey of 150 U.S. hospital CFOs found that 60% see half or more of their financial and administrative technology pilots fail, even as 73% increase tech budgets. Failures are attributed to vague objectives and low employee adoption. CFOs...
Good read on Biopharma M&A by RBC , little mention to Betaville, Bloomberg, FT , oand ofc the standout $RVMD Our biopharma team is out with an M&A discussion piece - given the importance of M&A to the sector, it is...
Treasury modelling released by Treasurer Jim Chalmers indicates Australia’s headline inflation could peak in the high‑4s, potentially reaching 5%, as oil prices remain elevated. Two scenarios are examined: oil at $100 a barrel for the first half of the year,...
Quad Graphics, the fourth‑largest North American printer, posted a $27 million net profit in 2025, reversing a $51 million loss from the prior year. The company slashed more than $700 million of debt, bringing total borrowings down to $308 million. It redirected capital spending...
Corporates are reverting to letters of credit (LC) as the Middle East conflict disrupts the Strait of Hormuz, creating heightened supply‑chain risk. Treasury teams are pairing LC guarantees with broader liquidity measures, such as larger inventories and notional cash pools,...
Crypto lender Ledn issued $188 million of Bitcoin‑collateralised bonds to broaden its funding base. The senior tranche priced at 335 basis points over benchmark and the mezzanine at 650, delivering a blended 7.2% yield. The bonds are backed by more than...
The column examines the paradox of anonymous reporting channels, highlighting their essential role in protecting whistleblowers while exposing their vulnerability to incomplete or malicious claims. It uses a real‑world dilemma—an employee receiving an anonymous allegation against a trusted colleague—to illustrate...
The Center for Audit Quality surveyed 300 U.S. institutional investors and found a strong appetite for assurance services that go beyond traditional financial statement audits. Eighty‑one percent regularly use cybersecurity risk information, while 78% consider data privacy, sustainability and governance...
Comply Exchange’s February 2026 roundup flags key FATCA, CRS, and IRS filing deadlines for financial institutions. Bahamas AEOI participants must submit FATCA/CRS data by March 31, 2026, while U.S. Form 1042 and 1042‑S filings closed on March 16, 2026. The IRS announced the FIRE system will...
Governor François Villeroy de Galhau highlighted Paris’s position as the EU’s leading financial centre and fourth worldwide. He noted that despite recent political uncertainty, foreign‑investment projects in France increased modestly in 2025 and the domestic savings pool remains strong. The...
Colleges face a perfect storm of demographic decline, volatile public funding, rising costs and heightened accountability, making the FY2027 budget a strategic imperative rather than a routine exercise. The article argues that budgeting must become a central governance function that...
Cellulant has appointed former Agoda CFO Darren Makarem as its new finance chief, bolstering a refreshed executive team that also includes CTO Michael Muriuki. Makarem arrives with experience overseeing a $12 billion annual payments network and stints at Binance and OnRamp,...
Prime Minister Tarique Rahman will inaugurate a pilot Farmer Card programme on April 14, covering nine upazilas and up to 25,000 farmers. The scheme promises Tk2,500 subsidies per eligible farmer and a suite of digital services aimed at modernising Bangladesh’s...
ERShares Private‑Public Crossover ETF (XOVR) offers investors a blend of private and public equities, with a striking 35.81% allocation to SpaceX ahead of its anticipated IPO. The fund’s asset base has contracted due to outflows, forcing a higher concentration in...
The UK Treasury released its March 2026 edition of the monthly "Forecasts for the UK economy" comparison, collating short‑term and medium‑term projections from a selection of independent forecasters. The 19‑page PDF presents outlooks for 2025‑26 through 2029‑30, covering GDP, inflation, labour...
Law firms often label write‑offs as inevitable costs, but they reveal where revenue leaks occur. A recent case showed $47,000 in write‑offs in a single quarter, traced to scope creep, stale invoices, rate discomfort, and surprise bills. By categorizing write‑offs...
Cornerstone Research reports a sharp 40% drop in accounting‑related securities class‑action filings in 2025, falling to 34 cases, the lowest count since its 2004 tracking began. Despite fewer suits, settlement values surged 40% to roughly $1.5 billion, accounting for 51% of...
The Federal Open Market Committee is expected to leave its benchmark interest rate unchanged at the March 2026 meeting. The decision follows a February jobs report that revealed a loss of roughly 100,000 positions and a sharp rise in oil...
A research conference on climate‑ and nature‑related risks attracted nearly 200 submissions, underscoring rapid growth in the field. Speakers highlighted that physical risks from climate change and ecosystem degradation are already influencing macroeconomic variables such as inflation, productivity, and fiscal...
Man Group argues that seasonal Atlantic hurricane forecasts are unreliable for catastrophe bond investors, noting systematic underestimation of outlier years and limited relevance to insured loss outcomes. Their research shows that even accurate storm counts and intensities cannot predict economic...
FinQuery announced that its LeaseQuery platform has secured the No. 1 spot on G2’s Lease Accounting Software Grid for the 20th consecutive quarter, marking a five‑year streak of market leadership. The achievement reflects a 98 % overall satisfaction rating from more than...
Good Morning from Germany, where newly issued debt has so far not been used for investment, but rather to finance election giveaways & plug budget holes – once again proving the laws of political economy. Acc to Ifo, public borrowing...
Meiwu Technology Co Ltd announced a registered direct offering of 6,999,996 ordinary shares at $2.00 per share, generating roughly $14 million in gross proceeds. The deal also includes warrants for an equal number of shares, exercisable at $2.00 within one year....
TaxStreem has launched a digital platform that consolidates fragmented financial data—from bank accounts, email, WhatsApp Business and invoicing tools—into a single interface for Nigerian businesses. The system automatically applies relevant tax rules, calculates liabilities in real time, and files returns...
Sanction compliance is essential for financial institutions operating internationally, requiring senior‑level commitment, risk assessments, and ongoing controls. Regulators such as OFAC mandate detailed reporting of blocked assets and rejected transfers, each with specific data fields and tight deadlines. Institutions must...
Sunway Healthcare Holdings Bhd (SUNMED, 5555) debuted strongly on Bursa Malaysia Main Market today. Opening price hit RM1.70 → 17% above IPO price of RM1.45. Price climbed fast to RM1.80–RM2.00 range in morning trade → market cap exceeded RM20 billion. Retail offering...
Big congratulations to @thefintechfund portfolio co @getTransFi, who just raised their $14M Series A from @Tether's investment arm, Turing Financial. https://t.co/YnhLl63Gau
Despite the Middle East war, European securitisation issuance has remained remarkably active, excluding BSL CLOs. The conflict has nearly halted corporate lending markets, yet consumer‑focused asset classes show no systemic disruption. Pricing discipline has tightened and execution windows are more...
EIB to finance 290MW solar PV and 350MW BESS Italian portfolio #energysky -- via pv-tech: https://t.co/ivC4mfMTQa
RPO breakdown of public software companies. High RPO = guaranteed future revenue (your customers are prisoners) Low RPO = you have to win your customers’ love much more frequently All else being equal, high RPO is better. But it can make you complacent…...
Regulatory reforms in Italy are set to clarify the legal framework for financing data‑centre projects, addressing long‑standing ambiguities in mortgage enforcement and securitisation structures. The country’s data‑centre market is projected to double its capacity within five years, driven by hyperscale...
If Bill Dudley still confuses First Brands and Tricolor with private credit, literally six months after all market participants realized they were in the broadly syndicated loan and asset backed finance markets, then what hope do regular people have? https://t.co/aA33Nc1928
Rates moves from Jan FOMC to today are basically all in the front end https://t.co/z4SHlodCLM
In this episode, CFO Marc Mehlman of Ascensus shares how a non‑linear career—filled with lateral moves, operational roles, and a stint in investor relations—prepared him for the CFO office. He emphasizes that deep business exposure, pattern recognition, and credibility often...
Ping An's PingAnGPT-Qwen3-32B Tops CNFinBench: Strong Reasoning, Accuracy and Wide Deployment Topped CNFinBench leaderboard (March 15, 2026), beating GPT-4o + Claude Sonnet 4 on this benchmark. Evaluated across 5 dimensions: financial expertise, business understanding, reasoning/computation, compliance/risk control, application security. Deployed in...
While credit markets are open to many companies, they're starting to close for others. Qualtrics, which makes online survey tools, had to ice a $5.3 billion loan and bond deal due to lack of investor appetite. https://t.co/DE0BfMnHYT
South Africa exited the Financial Action Task Force grey list in October 2025 after completing a 22‑point AML/CFT action plan. The removal lifts cross‑border restrictions and restores investor confidence, giving local banks a chance to expand. Analysts argue that compliance...
FII holding in India: approx. US$ 750 billion FII holding in just Samsung Electronics, TSMC and Hynix: US$ 1.75 trillion Source: Nomura How much India has lost in past 2-3 yrs on a relative basis is crazy.
Companies planning IPOs increasingly hire independent advisers to oversee underwriting and pricing. A new working paper covering U.S. and European IPOs from 2010‑2023 finds that adviser involvement correlates with lower first‑day returns and tighter offer‑price adjustments, without affecting underwriting spreads...
Vera Cherepanova, a Chartered Accountant and award‑winning ethics specialist, appears on Episode 399 to discuss her work with Boards of the Future, a nonprofit that advises corporate boards on ethics, risk and compliance. She highlights the growing need for directors with strong...
