Know What's Happening in Finance
Know What's Happening in Finance
Klarna secures $1.7B risk transfer and $2B funding facility to boost lending
Klarna unveiled a $2 billion forward‑flow facility with Elliott Investment Management that will back up to $17 billion of U.S. loan originations over the next three years. It also completed a €1.7 billion Significant Risk Transfer led by Värde Partners, freeing capital for broader lending.
Also developing:
When a company faces insolvency, directors can opt for voluntary liquidation, either a Members' Voluntary Liquidation (solvent) or a Creditors' Voluntary Liquidation (insolvent). The first step is appointing an experienced insolvency practitioner who halts trading, prepares a directors' report, and seeks creditor approval. Once approved, the liquidator sells assets in order of priority to settle debts, freeing directors from legal exposure. Acting early can prevent a compulsory winding‑up and preserve the directors' ability to start new ventures.
Navigator Holdings Ltd. released its Q4 2025 financial results on March 11, 2026, covering the three‑month period and the full fiscal year ending December 31, 2025. The announcement was filed on the Oslo Børs platform and includes a downloadable PDF with detailed performance metrics. Alongside...
The Business Roundtable’s March survey shows CEO optimism climbing to an index of 89, well above its 83‑point historic average. Executives at the nation’s largest firms expect stronger sales and plan to increase capital expenditures over the next six months,...
Navan, a travel‑booking platform that raised $6.2 billion in its fall 2025 IPO, has seen its stock tumble nearly 60% amid earnings disappointments and executive turnover. A proposed class‑action filed in February accuses Navan and its senior officers of filing a...
Manufacturers relying on legacy ERP platforms such as QAD Standard or SAP R/3 face costly, manual procure‑to‑pay (P2P) processes that waste millions annually. By deploying ETL pipelines to extract, validate, and load supplier, PO, receipt, invoice, and payment data, firms can...
As companies scale, financial complexity and growth ambitions often outpace the capabilities of a controller, prompting leaders to consider a chief financial officer. Indicators such as expanding operations, multiple revenue streams, and upcoming acquisitions signal that strategic financial oversight is...
Indiana has formally requested a federal waiver to toll Interstate 70, becoming the first state to seek permission under the FHWA’s pilot program. The six‑lane expansion and related upgrades carry a $6.5 billion price tag, with more than half expected to be...
Bolivia’s finance ministry announced it will honor $356 million in interest and principal on its 2028 dollar‑denominated bonds due in late March, following the recent coupon payment on its $850 million 2030 issue. The government also confirmed plans to swap roughly 67%...
CHG‑Meridian CFO Ulrich Bergmann says the finance function must become data‑first, emphasizing governance, quality, and a unified data structure. He highlights using Microsoft Fabric for dynamic, scenario‑based forecasting and deploying data experts in each of the company’s 32 countries. The...
Digits, a San Francisco‑based Agentic General Ledger, announced expanded payroll connectivity to 18 additional providers, adding to its existing Gusto integration. The new connectors include major platforms such as ADP Run, Paychex Flex, QuickBooks Online Payroll, and UKG Pro, enabling direct, automated...
Canada’s audit regulator, the Canadian Public Accountability Board (CPAB), disclosed that each of the Big Four accounting firms—Deloitte, EY, KPMG and PwC—had at least one significant finding in its 2025 inspection. The review, which for the first time named firms...
Bonds fall on growth fears and rise on recession fears - as a rule of thumb. But that’s under monetary dominance, not fiscal dominance. The new rulebook will look very much like February into the April tariff terror event where dollar and bonds...
Brazilian retailer Companhia Brasileira de Distribuição (GPA) announced on March 10 that it has entered an extrajudicial recovery plan approved by the São Paulo court. The plan suspends GPA’s obligations to its creditors for 90 days, allowing negotiations aimed at securing...
Risk Labs, the team behind the Across cross‑chain bridge, has submitted a proposal to dissolve its token‑based DAO and re‑incorporate as a U.S. C‑corporation. ACX token holders may either swap tokens for equity at a 1:1 ratio or sell them...
Mercialys filed a regulatory notice on March 11 2026 outlining its capital structure as of February 28 2026. The French retail REIT reported 93,886,501 outstanding shares, each carrying one voting right, for a total of 93,886,501 voting rights. Of those, 93,482,942 voting rights were...
Shell plc disclosed that on 11 March 2026 it repurchased 668,165 of its own shares for cancellation, executing trades on six European venues. The GBP‑denominated purchases averaged £31.97 per share, while EUR‑denominated trades averaged €36.98. The transactions form part of...
The Financial Reporting Council has opened an investigation into two former Vistry Group accountants over flawed forecasts in the South Division for 2023‑24, which inflated profit expectations by up to £165 million. The mis‑calculation stemmed from a 10 % under‑estimation of building...
On February 18, 2026, DBRS Limited confirmed Heavy Metal Equipment & Rentals' long‑term issuer and senior debt ratings at BB (high) with a Stable outlook. The rating reflects the company's robust cash‑flow generation from its equipment leasing portfolio and disciplined...
Morningstar DBRS has issued provisional credit ratings for Freddie Mac’s Multifamily Structured Credit Risk Notes, Series 2026‑MN13. Class M‑1 receives a (P) BBB‑low rating while Class M‑2 is assigned (P) BB‑low, both with a Stable trend. The trust will fund...
Covenant Trends released a new data set on March 9, 2026 detailing the distribution of Accordion F&C Tranche EBITDA Grower Caps over the last three months. The chart illustrates how caps are spread across borrowers, highlighting a concentration near the 1.5‑times EBITDA...
The Dow Jones Industrial Average slipped roughly 300 points as oil prices surged toward $90 a barrel amid heightened Iran‑Israel tensions. The International Energy Agency announced a record release of 400 million barrels to cushion supply disruptions, further fueling market volatility....
Predict profit like a prophet. With the Prophit Engine from CTC. Clarity, accountability and capacity woven into a single human operator. Forecast more accurately Grow contribution margin more consistently All while saving money. Combining the explosion of AI with the...
KBRA released its latest Direct Lending Deals analysis on March 9, 2026, featuring updated default indices for the trailing‑twelve‑month period ending March 10, 2026. The report includes a performance chart that tracks default rates across the direct‑lending universe, highlighting modest upticks in recent quarters....
The Trump administration announced that the Small Business Administration will prohibit foreign nationals from accessing any federal small‑business loan program, expanding a ban that previously covered only core loans. The new rule adds the Surety Bond program and the Microloan...
Charles Cohen, a Midtown office landlord, was given a 45‑day deadline by a New York state Supreme Court judge to repay $135 million in outstanding debt or face forced sales of his properties. A Fortress Investment Group executive, David Moson, was...
At my company Full Focus, we were paying $33,000/month for fractional CFO and outsourced accounting. $396K annually. We restructured around AI—hired an AI architect and controller support for $15K/month. Saved $216,000 a year. And the financial analysis we’re getting now is...
US leveraged finance issuance exceeded $160 bn in February 2026, but slipped 11 % from January. Bank loans rebounded to $50 bn after a slower month, while high‑yield bond issuance held steady at $30 bn. Institutional loans, the bulk of the market, fell sharply...
Private credit is the subprime of this cycle. Fraud is accumulating across asset classes. Automated underwriting blessing whatever numbers it gets fed. Nobody cares until everyone cares at the same time.
Milwaukee‑based Landmark Credit Union announced it will acquire American National Bank‑Fox Cities, adding $419 million in assets and two branches to its $7 billion portfolio. The transaction, the fifth credit‑union‑bank deal this year and the third full‑bank purchase, is slated to close...
Translucent, an AI-native healthcare finance startup, closed a $27 million Series A round led by GV with participation from NEA, Virtue and FPV Ventures. The funding follows a $7 million seed round and will accelerate its agentic AI platform that unifies clinical, operational...
Financial institutions are moving beyond siloed fraud‑management and anti‑money‑laundering tools toward unified Financial Crime Management Solutions (FCMSes). The shift is driven by regulators tightening AML oversight, fraudsters blending scams with laundering, and the high cost of maintaining separate AI models...
Uniper SE announced it will propose a €0.72 per share dividend for 2025, marking the first payout since the 2022 government bailout. The German utility reported a net profit of €544 million and adjusted EBITDA of €1.1 billion, a sharp recovery from...
New Mexico’s Senate Bill 151 would decouple the state from the federal One Big Beautiful Bill Act, ending conformity with 100% bonus depreciation and adding net CFC‑tested income to the corporate tax base. The proposal also eliminates any foreign‑tax credit, creating double taxation...
UBS analyst David Vogt kept a Hold rating on Apple (AAPL) with a $280 price target, citing a sharp 37% year‑over‑year drop in iPhone shipments in China for January 2026, down to roughly 2.2 million units. The decline follows a 14%...
On 11 March 2026 the EU published Commission Implementing Regulation (EU) 2026/519, amending the technical standards of Regulation 2021/622 that govern MREL reporting. The amendment revises the frequency and content of data that resolution authorities must transmit to the European...
The magic number is 3. We asked 100 CFOs and VPs of Finance how many vendors they closely evaluate when buying software. 50% said exactly 3. Median: 3. Mean: 4.1. 53% evaluate 3 or fewer. This is a brutally small window. Think about what this...
Brazilian energy giant Raízen SA is seeking to restructure roughly $12.6 billion of debt out of court. Major European and Latin American banks—BNP Paribas, Banco Bradesco and Rabobank—have been identified as some of the company’s largest creditors. The restructuring plan is expected...
Faraday Copper Corp. completed a $100 million private placement, issuing 23.8 million shares at $4.20 each, backed by strategic investors including the Ludin Family Trust and a BHP unit. The capital will fund the Copper Creek project in Arizona and support a...
Mondelēz International has invested CHF 65 m ($83 m) to create a Toblerone Center of Excellence in Bern and launch a new production line. The line, inaugurated by Swiss President Guy Parmelin, expands capacity at the plant that makes roughly 90% of Toblerone output....
Sugandha Singhal, Senior Vice President and Head of Treasury at SRF Limited, shared her journey and vision during the Finance Leaders Forum in Mumbai. She highlighted how digitising treasury across five countries unlocked billions in liquidity and positioned treasury as...
Montclair, N.J., held a special election to fund its cash‑strapped public schools, proposing a one‑time $12.6 million levy and a permanent $5 million increase to cover an $18 million deficit. Voters narrowly approved the one‑time levy by 80 votes while rejecting the permanent...
In this episode of Credit Crunch, Mahesh Bhimalingam and guest Sarah Harrison discuss the impact of the Iran war and recent software sector volatility on global credit markets. They note that despite geopolitical tensions, credit spreads have remained relatively resilient,...
Mega Matrix, a Singapore‑based content producer, is expanding its digital asset treasury to include a diversified basket of stablecoins and their governance tokens. The strategy aims to generate 5‑10% yield through lending, liquidity provision, and staking in DeFi protocols. Executive...
What The Heck Happened At Easy Financial? This Ain't Looking Good The parent company Goeasy Ltd. revised earnings for the last 2 years downward, declared spectacular Loan Losses, suspended dividends & the stock price dropped over 50% It's fishy for sure...
Gould Investors L.P. completed the sale of its Long Island City asset for roughly $101 million, generating about $93 million in net proceeds and a $90 million accounting capital gain. Within days, the partnership redeployed the majority of those funds to acquire a...
The number one reason creative business owners give for not hiring a bookkeeper is "I'm not sure I can afford it." But the reason they don't know if they can afford it is usually because they don't know their numbers. The...
Bumble is printing cash. Q4 adjusted EBITDA of $71.6m vs $63m guidance. Guides for $78m adjusted EBITDA in Q1 2026. Just $413m net debt end of 2026. No cash taxes for the foreseeable future. Should do ~$200m FCF in 2026...
SCOOP: Billionaire Tilman Fertitta has been in exclusive talks to buy Caesars Entertainment for around $34/sh. https://t.co/Mz8usEYgRm
Staying on top of tax deadlines sucks. Cool new feature from Fondo making it easier for founders.
Levering up to buy back stock is the playbook of IBM and old Oracle... not a company pioneering a new AI age CRM is borrowing to buy time, not growth
