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:
ACI Worldwide reported fourth‑quarter revenue of $253.2 million, a 13% year‑over‑year increase, pushing full‑year 2025 revenue just above $1 billion. NCR Voyix posted a 6% Q4 revenue rise to $720 million but saw full‑year revenue dip 4.6%, while turning a $201 million loss into a $42 million profit. Seon’s 2026 fraud report revealed 98% of fraud, risk and compliance leaders now embed AI in daily workflows. A wave of partnerships—from authID’s onboarding solution to ClassDojo Payments and Bilt’s new services—highlights expanding fintech integration.
EnCap Flatrock Midstream is exploring a sale of its gas‑pipeline subsidiary Momentum Midstream for a price exceeding $5 billion. The private‑equity firm has engaged advisers and is gauging interest from rivals and other buy‑out funds. Momentum operates roughly 4,000 miles of...
State legislators are passing flexible CPA licensure bills, beginning with California Assembly Bill 1175 and New York Assembly Bill 7613, to accelerate the accounting talent pipeline. By 2026, Arizona, Florida, Maine, Maryland, Mississippi, Missouri and South Dakota are poised to follow suit, creating a...
The Federal District government has introduced a bill to inject up to BRL 6 billion into BRB Banco de Brasília following the Master Bank fraud, allowing borrowing from the Credit Guarantee Fund or other lenders. The proposal also reduces the number of...
Leeds‑based fintech Debeo has launched what it calls the UK’s first purpose‑built online platform to help small and medium‑sized enterprises (SMEs) understand and manage their debt. The service aggregates loans, overdrafts and asset‑finance agreements into a single, real‑time view, enabling...
Russian Finance Minister Anton Siluanov announced a sweeping fiscal overhaul, lowering the oil‑price budget rule threshold by $1 each year for five years to shift revenue reliance from oil and gas to domestic consumption. The move follows a sharp drop...
Intuit has teamed with Affirm to embed a Buy‑Now‑Pay‑Later (BNPL) option directly into QuickBooks invoices, letting small‑business owners split customer payments while receiving the full amount upfront. The move turns QuickBooks from a bookkeeping tool into an actionable financial operating...
Hong Kong's finance chief Paul Chan signaled openness to allowing local universities to issue tertiary education bonds to fund the Northern Metropolis University Town project. The plan expands the campus area to 100 hectares and includes a third medical school,...
Commissioner Hester Peirce highlighted the rapid expansion of private secondary markets, which grew from $162 billion in 2024 to $240 billion in 2025. She warned that this liquidity surge may lessen companies’ incentives to pursue initial public offerings, potentially reshaping capital formation...
The article explains why companies are moving from spreadsheet‑based accounts payable to automated AP solutions that integrate directly with ERP platforms. It outlines the drawbacks of manual spreadsheets—errors, delays, and weak audit trails—and details how automation delivers real‑time visibility, faster...
S&P Global Ratings warns that collateral values backing Hong Kong banks' commercial property loans will keep declining through 2026, reflecting a market that has yet to find a bottom. The Bank of East Asia disclosed a HK$723 million valuation loss in...
Latvia introduced a new specialised credit institution licence, lowering the initial capital requirement to €1 million and granting deposit‑taking rights and EU‑wide passporting. The amendment to the Credit Institutions Law took effect on 6 January 2026, creating a hybrid category that operates like...
You own $3 million in US stocks. You live in Singapore. You pass away. Two versions of what happens next.
Former ICBC chairman Chen Siqing urged China to embed its Cross‑border Interbank Payment System (CIPS) into bilateral trade frameworks, especially with Belt‑Road and RCEP partners, as geopolitical tensions heighten reliance on non‑US payment networks. He highlighted CIPS’s rapid growth, processing...
HM Treasury and the Department for Science, Innovation and Technology have issued new guidance on using digital identities for Money Laundering Regulations (MLR) compliance. It specifies that only digital verification services listed on the GOV.UK Register and certified under the...
The UK government released a policy paper on 26 February 2026 outlining the public service pension increase for the coming year. Pensions that have been in payment for a full year will rise by 3.8 % starting 6 April 2026, matching the September‑to‑September CPI rise....
Who is Velesto Energy Berhad? 🌊🏗️ If you’ve been following the Malaysian stock market or the O&G sector, you’ve definitely seen this name. But do they just "dig for oil"? Here’s the breakdown of this local giant. 🧵👇
The European Central Bank posted a €1.3 billion loss for 2025, a sharp improvement from the €7.9 billion deficit recorded in 2024. The turnaround stems mainly from a dramatic reduction in net interest expense as liability remuneration rates fell and TARGET balances...
In this episode, Magnetar Capital Managing Director Neil Tiwari explains how his firm finances the massive AI compute infrastructure boom, leveraging its expertise in private credit, real‑estate, and energy assets. He details innovative financing structures—such as SPV debt backed by...
flydubai posts US$531m profit after tax for FY2025, reinforcing the momentum behind its expanding network strategy. The Dubai-based carrier reported US$591m pre-tax profit on revenues of US$3.7b, up 6% year-on-year. A record 15.7 million passengers flew with the airline, with Business...
The European Banking Authority (EBA) issued an opinion opposing two European Commission amendments to the draft Regulatory Technical Standards (RTS) on equivalent legal mechanisms for residential property under construction. The Commission seeks to raise the risk‑weight cap for protection providers...
On 26 February 2026, HM Treasury published the accredited official statistics public expenditure outturn for February 2026. The release includes detailed analyses of government spending across departments, functions, and economic categories, benchmarked against budget and expenditure‑on‑services frameworks. Accompanying Excel files...
The UK Treasury’s Money Laundering Advisory Notice was updated on 26 February 2026 to reflect the latest FATF decisions on High‑Risk Third Countries (HRTC). The revision aligns the UK’s list with jurisdictions identified by FATF as having weak anti‑money‑laundering and terrorist‑financing controls....
Northern Trust announced the addition of Berenberg’s AI‑driven foreign‑exchange models to its dynamic currency‑hedging framework. The partnership lets institutional clients embed third‑party, model‑based strategies and adjust hedge ratios in real time across the US, UK, Europe, Australia and Canada. By...
The article argues that Key Value Items (KVIs) are not static product attributes but moment‑specific traffic drivers that shift to profit generators once the buying context changes. Traditional quarterly segmentation assigns fixed roles, causing margin leaks when a SKU’s role...
Velesto Energy just reported a profit dip for FY25, yet they are paying out the highest dividend in the company's history. Is the RM1.3 billion order book enough to offset lower rig utilization and declining charter rates? Here is the breakdown of...
In this Technovation episode, a panel of CIOs discusses how to define, measure, and communicate AI value, sharing real‑world approaches from Ally Financial and Avery Dennison. Satish Muthukrishnan describes Ally’s cautious, 18‑month rollout of Ally.ai, emphasizing risk‑based governance, human‑in‑the‑loop design, and...
In this episode, Tobias Carlisle and Jake Taylor interview Jonathan Tepper, founder of Previt Capital and author of *The Myth of Capitalism*. Tepper explains his investment approach—buying high‑quality, dominant companies at a discount to intrinsic value—and illustrates it with the...
Munich Re posted a €6.121 billion net result for 2025, surpassing its €6.0 billion target and marking the fifth consecutive year of outperformance. The reinsurance arm contributed €5.204 billion, buoyed by strong property‑and‑casualty and life‑and‑health segments, while group insurance revenue held steady at...
SBI Life Insurance announced an interim dividend of ₹2.7 per share for FY26, with a record date of March 6 and payout scheduled by March 27. The declaration lifted the stock about 1.5% in early trade, trading near ₹2,094. In Q3 FY26...
Most people think diversification means owning lots of different funds. A client came to me with 17 funds across 4 fund houses. "My advisor said this was maximum diversification." When I showed him what he actually owned underneath, something broke.
$CRM Look at the headwinds of stock based compensation, merger & acquisition costs. Then look at margin projections and scale problems. @dougkass @SeabreezeLP @jimcramer @SquawkCNBC @andrewrsorkin @BeckyQuick @gnoble79 @KeithMcCullough @HedgeyeDJ @tomkeene @lisaabramowicz1 @business @CNBCFastMoney @HalftimeReport @carlquintanilla @ScottWapnerCNBC @SaraEisen @SullyCNBC...
Evergreen alternative funds have surged to roughly $493 billion, marking a pivotal shift in asset management. By offering continuous capital deployment and periodic liquidity, they eliminate the timing constraints of traditional closed‑end structures. Wealth managers and high‑net‑worth investors gain public‑market convenience...
"We’re not going to be doing deals that don’t make financial sense for us" -- WBD CFO Gunnar Wiedenfels on sports rights deals. Question: Do any sports deals make financial sense?
Nasdaq is contorting its own index rules to court the IPOs of SpaceX et al, and @thekrazykobra brings the 🔥 https://t.co/ExpsatLZ6h https://t.co/VjWaHmMJYd
Mont Royal Resources has secured a conditional extension of up to C$2.6 million from Natural Resources Canada’s Critical Minerals Infrastructure Fund to fund the planning and pre‑construction of a 300‑km access road linking its Ashram rare‑earth and fluorspar project to Schefferville....
$NTLA looks like they ran the ATM for nearly 6M new shares since last quarterly earnings? As I expected. Absolute cash furnace. Their runway guidance was always mathematically implausible without raising like this.
We are going to see previously unheard of liquidity in fintech VC following the @Revolut IPO. "The firm is targeting a valuation of at least $150 billion through any listing." https://t.co/mos6kPJDYO
Southeast Asian super‑app Grab reported its first full‑year profit in 2025, posting a $200 million net gain after narrowing losses from $1.7 billion in 2022 to $158 million in 2024. Revenue climbed roughly 20% to $3.4 billion as transaction volume rose 21% to $22 billion...
If you are an importer, what % discount would you accept to get paid the full amount on your tariff refunds right now with 100% certainty and you keep the money even if there are no refunds.
Seems to me that the biggest improvements have been in firms: - Shamed into increasing their P/B to 1.0x - Targeted by shareholder activists like Oasis - Already had the right mindset, eg Hitachi / Itochu - Illusory improvement from the weak yen https://t.co/KxTgEB3c9O https://t.co/DoX7UvP2gs
Cettire reported a first‑half fiscal loss of $1.1 million, reversing a $4.7 million profit from the prior year, as US tariff changes and soft luxury demand hit sales. Revenue slipped 2.8% to $382.8 million, while adjusted EBITDA fell 28% to $8.7 million. Excluding the...
Veteran ERM practitioner Karthick Dalawai explains that effective enterprise risk management hinges on how practitioners converse with business leaders, not merely on process compliance. He advocates a value‑based ERM model that emphasizes value creation, uses a balanced scorecard, and reframes...
Harris Technology, a refurbished‑technology specialist, posted an 18.9% rise in sales revenue to $8.3 million and a 7.1% increase in profit to $2.8 million for the first half of the financial year. Monthly refurbished sales now average $500,000. A strategic shift toward...
HKEX reported record 2025 results, with revenue of HK$29.2bn, a 30% increase year‑on‑year, and profit of HK$17.8bn, up 36%. The exchange reclaimed its position as the world’s top IPO venue, raising HK$286.9bn from 119 listings, and posted record trading volumes...
Kenya and Uganda are overhauling Sacco regulations after a series of collapses and fraud that have eroded member confidence. In Kenya, the Kuscco scandal exposed a $103 million loss, prompting a committee to recommend raising the minimum membership to 100 and...
Super Retail Group reported a 4.2% increase in first‑half FY2026 sales to $2.1 billion, but profits fell 19.8% year‑on‑year. The decline was driven by peak capital‑expenditure spending and aggressive promotional activity at its Rebel sporting‑goods chain, which shaved 20 basis points...
US institutional leveraged loan issuance slowed sharply in February 2026, with only $22.85 billion priced to date and $9.54 billion expected by month‑end, far below January’s $164.1 billion. The month‑over‑month drop reflects heightened market uncertainty and tighter credit conditions. Analysts attribute the slowdown...
29Metals reported a decisive financial turnaround in 2025, swinging back to profitability after a $178 million net loss in 2024. Revenue rose 3% to $567 million while cost of sales fell 14%, lifting EBITDA to $176 million and delivering a $24 million net profit....
