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.
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Crowe Global reported $6.5 billion in revenue for its 2025 financial year, marking a 12% increase over the prior period and continuing a 10% growth streak. The network posted strong regional gains, led by Europe at 21% and the Middle East at 19%, while North America grew 8%. New member firms in Belgium, Switzerland and Japan expanded the firm’s footprint to over 150 countries, 815 offices and 46,000 professionals. CEO Kamel Abouchacra highlighted AI‑driven expertise and collaborative innovation as core growth drivers.
Astera Labs reported record FY2025 revenue of $852.5 million, a 115% year‑over‑year increase, and a Q4 revenue of $270.6 million, up 17% sequentially. GAAP operating margin reached 20.3% for the year, while non‑GAAP margin was 39.2%, reflecting strong profitability. The company began...
HM Treasury released the Statement of Excesses for the 2024‑25 financial year on 25 February 2026. The 16‑page document asks Parliament to approve any departmental outlays that exceeded the original estimates. It details spending that fell outside the plans set...
FG Nexus, a publicly listed Ethereum treasury firm, sold 7,550 ETH worth roughly $14 million, adding to a series of disposals that have locked in over $80 million in losses. The company originally accumulated 50,770 ETH at an average price of $3,860 per coin...
Chairman Paul Atkins highlighted the steep 40% drop in U.S. public companies and outlined a three‑pillar strategy to revive capital formation. He praised the bipartisan INVEST Act and the Empowering Main Street in America Act for introducing “test‑the‑waters” IPO pilots,...
On January 23 2026 the SEC’s CorpFin issued new Compliance and Disclosure Interpretations that broaden flexibility for M&A, proxy and tender‑offer rules without formal rulemaking. The revisions permit lock‑up agreements without meeting traditional prospectus conditions, allow privately placed shares to be registered...
On Jan. 23, the SEC’s CorpFin division issued new Compliance and Disclosure Interpretations that loosen proxy‑broker search timing, broaden lock‑up registration on Forms S‑4/F‑4, and add leeway for cross‑border tender offers. The staff also reversed its stance on voluntary Notices of...
Fintech leader Finastra announced a strategic partnership with blockchain document‑transfer platform CargoX to embed electronic trade documents (eTD) into its Trade Innovation solution. The integration, delivered via Finastra's open API and Trade Innovation Nexus, supports over 65 eTD types and...
At NEXUS 2026, CalPERS CEO Marcie Frost announced that the pension fund’s revitalized private‑equity program will operate with a degree of independence from its newly adopted total‑portfolio approach (TPA). The move signals a renewed commitment to private‑equity as a core return...
A governance dispute has erupted in the Aave ecosystem as the Aave Chan Initiative (ACI) and Aave Labs released conflicting reports on the protocol’s historical funding and contributions. ACI’s transparency report estimates $86 million in lifetime capitalization for Aave Labs and...
Finance Minister Enoch Godongwana used the 2026 budget launch to declare data and artificial intelligence infrastructure as critical as electricity, ports and transport. He announced plans to expand data‑centre capacity, citing 55 existing facilities and R50 billion of investment expected over...
$WEN targeted by LT shareholder & former Chairman Nelson Peltz (13D filed). - Says shares are undervalued and strategic options incl. a buyout may be explored. - He looked at a deal in 2022 but walked. - Stock at ~8x...
A Harvard Business School working paper finds that artificial intelligence can predict about 71% of mutual fund managers’ trade directions, and for some senior managers in less competitive categories the prediction rate approaches 100%. Predictability is higher for managers with...
Hayward Holdings reported a strong fourth‑quarter FY2025, with net sales of $349.4 million, up 7% year‑over‑year, and a gross margin of 48.5%, a 160‑basis‑point improvement. Operating income rose 14% to $87.3 million, delivering a 25% operating margin, while net income increased 25%...
The European Commission released a Market Integration Legislative proposal on 4 December 2025 to end the long‑standing fragmentation of the EU’s single market for investment funds. The draft consolidates cross‑border marketing rules for UCITS and AIFs into an expanded Regulation (EU) 2019/1156, shifting from...
Software-as-a-service (SaaS) companies are experiencing a sharp sell‑off as investors worry AI models could erode their high‑margin business models. The rout has driven trailing P/E multiples to extreme levels, with Salesforce down more than 30% this year despite its 150,000‑customer...
Wint Wealth, the Bengaluru‑based debt investment platform, posted operating revenue of Rs 44.5 crore in FY25 – a 2.6‑fold increase from the prior year – while narrowing its losses by more than 60% to Rs 8.2 crore. Interest income from debt securities, which now...
UK‑based packaging giant Mondi plc has established a single‑parent captive insurance company in Guernsey, completing the launch at the end of 2025. The move follows a growing trend among FTSE 100 companies to use offshore captives for risk retention and capital...
Post‑trade settlement comprises confirmation, clearing, instruction matching, and the final exchange of securities and funds. The process, managed by clearing corporations, custodian banks, and central securities depositories, is essential to render trades legally complete. Delays or failures expose firms to...
Oppenheimer has added former Stern Brothers managing director Vien Le to its public finance investment‑banking group in Los Angeles. Le brings more than two decades of municipal finance experience, having advised the Los Angeles Department of Water and Power, the state...
Barnstable County’s Assembly of Delegates approved a home‑rule petition to impose a real‑estate transfer tax on sales exceeding $1 million, lowering the original $2 million threshold and allowing municipalities to set rates between 0.5% and 4% on the amount above the threshold....
Europe’s Investment Bank is providing €25 million (≈$30 million) to Luxembourg‑based OQ Technology to expand its direct‑to‑device satellite constellation. The debt will fund the launch of more than 20 small satellites, including OQ’s first C‑band satellite aimed at smartphone connectivity slated for...
Keurig Dr Pepper posted a strong Q4, with revenue rising 10.5% to $4.45 billion and earnings beating forecasts. The company secured an additional $1.5 billion in preferred equity, lifting total preferred funding to $4.5 billion and eliminating the need for a partial IPO....
The African Guarantee Fund (AGF) has leveraged nearly $3 billion in guarantees to mobilise $6.5 billion in loans for micro, small and medium enterprises across 44 African nations. By sharing credit risk with partner banks, the fund has reached more than 50,000...
Separately managed accounts (SMAs) are now the dominant channel for institutional capital, driven by demand for customized exposure and fee transparency. A new report surveying 100 hedge fund managers and 50 allocators uncovers operational friction points, especially around data transparency...
Nacon, the French publisher behind titles such as Styx: Blades of Greed and RoboCop: Rogue City, has filed for judicial reorganisation insolvency after its majority shareholder, Bigben Interactive, failed to make a partial bond loan repayment. The filing aims to...
Bank of America show the biggest positive allocation to #euro assets on record in an impressive global rebalancing. A net 22% say they hold a lower-than-benchmark allocation to US, from just 6% at end of 2025. The backlash appears to...
Uber announced it will acquire SpotHero, the leading North American parking‑reservation platform, to embed parking services directly within the Uber app. SpotHero currently offers access to more than 13,000 garages, lots and valet locations across over 400 U.S. and Canadian...
991 of the Russell 2000s companies have reported an aggregate y/y EPS acceleration of +24%
In this episode, Sean McKenna recounts how he founded Data Fusion HCM, a payroll and HR‑tech integration platform, and sold it to Ceridian (now Dayforce) within 16 months. He explains the strategic advantage of building a product that solved a...
The Association of Securities Dealing Houses of Nigeria (ASHON) warned investors to exercise prudence as the Nigerian Exchange Limited (NGX) enjoys a sustained rally. While renewed confidence and stronger macro‑economic sentiment are fueling price gains, ASHON cautioned that many stocks...
Russia's central bank and finance ministry are drafting legislation to establish a fully regulated domestic cryptocurrency market. The bill, slated for Duma submission in March, would require licensed exchanges, depositories, brokers and asset managers under Central Bank supervision, taking effect...
The Solicitors Regulation Authority’s 2024‑25 AML report flagged source‑of‑funds checks as a persistent weakness, noting that 10% of reviewed files lacked any verification. Firms risk hefty fines, criminal prosecution, and reputational harm if they fail to match client funds with...
The European Banking Authority (EBA) and European Securities and Markets Authority (ESMA) have opened a consultation on revised joint Guidelines for assessing the suitability of management body members and key function holders at large banks and investment firms. The initiative,...
SDK.finance released its 2026 list of top transactional ledger software, underscoring the shift from batch‑based bookkeeping to real‑time financial truth engines. The article defines transactional ledger software as the central double‑entry system that powers banks, digital wallets, marketplaces and cross‑border...
Grenergy closed 2025 with revenues just over €1 billion, EBITDA €201 million (up 26%) and net profit €87 million (up 46%). Investment climbed 36% to €880 million, aligning with its €3.5 billion 2025‑2027 strategic plan. Asset‑rotation sales reached roughly US$1 billion, covering more than 60% of...
The Bloomberg Intelligence FIC team examined global credit trends, focusing on a surge in Asian convertible bonds driven by higher rates, equity volatility, and issuer demand for cheap funding, while noting a slowdown in Chinese dollar bond issuance as firms...
Crypto market‑making programs have moved from ad‑hoc trading to formalized partnerships between exchanges and professional liquidity providers. Platforms such as WhiteBIT set explicit performance metrics—spread width, order size, uptime—to ensure continuous quoting and stable order books. Infrastructure advances, especially crypto...
Finance Minister Nirmala Sitharaman launched NMP 2.0, a second‑phase asset‑monetisation drive that targets over 2,000 public infrastructure assets across 12 ministries. The programme aims to generate Rs 16.7 lakh crore in total proceeds, with Rs 10.8 lakh crore expected between 2025‑26 and 2029‑30. Revenues will be recycled...
Sarah Hunter explained that the Reserve Bank of Australia (RBA) defines full employment as the highest sustainable job level compatible with low, stable inflation. She highlighted the intrinsic link between labour market balance and the RBA’s price‑stability mandate, noting that...
The World Federation of Exchanges (WFE) warns that extending equity trading to a 24‑hours‑five‑days (24/5) schedule introduces settlement and liquidity risks unless clearing, settlement and payment infrastructures are upgraded. U.S. venues such as NYSE Arca, Nasdaq and Cboe are piloting...
The Bank of Japan affirmed its commitment to a gradual policy normalisation path, emphasizing data‑driven decisions despite the appointment of two dovish board nominees. While the new members are expected to voice opposition to tightening, the overall board composition remains...
Client clearing volumes jumped 67% in early 2026, driven by the uncleared margin rule and new structures like the European Agent Trustee Model. The OFR working paper highlights benefits such as reduced dealer gross exposure, lower collateral needs, broader dealer...
In this Planning Aces episode, three CFOs—Kevin Rubin (Zscaler), Bruce Schumann (Universal Technical Institute), and Rizak Jalloh (Flowcast)—share how disciplined, foundation‑first approaches to planning and AI adoption drive growth and decision speed. Rubin emphasizes a centralized AI governance function that...
Cezanne HR has introduced Cezanne Expenses, an integrated expense‑management module that promises up to three hours saved per claim. The solution combines mobile OCR receipt capture, mileage calculation and real‑time dashboards within the existing HR platform. Powered by Webexpenses, it...
Bharat Sanchar Nigam Limited reported a core operating profit (EBITDA) of ₹4,858 crore for the nine months ending 31 December 2025, marking a 105% jump from the same period last year. Revenue rose 13% to ₹17,705 crore in FY 26’s first three quarters, while average...
Valterra Platinum announced a R5.3bn special dividend, bringing its total payout for the 2025 financial year to R45 per share, equivalent to 71% of headline earnings. The payout follows an 89% rise in platinum‑group‑metal prices in the second half of...
PRISM, the holding company behind OYO, has named former SEBI chairman Ajay Tyagi as an independent director. Tyagi brings extensive regulatory experience from his 2017‑2022 tenure at SEBI and prior senior roles in the Ministry of Finance. PRISM operates more than...
Wellington Management, a trillion‑dollar US asset manager, is intensifying its sustainable‑investment platform to meet escalating client expectations on stewardship, decarbonisation, and climate risk. In a Responsible Investor podcast, head of sustainable investment Wendy Cromwell explains how the firm aligns ESG considerations...
