Banks Need to Get Serious About Climate Risk in Their Mortgage Books
Mortgage lenders are being urged to embed climate risk into underwriting as extreme weather events surge, threatening property values and insurance availability. In 2025, the United States experienced 23 billion‑dollar disasters, the third‑highest year on record, underscoring the financial stakes. The article warns that without transparent disaster histories and realistic insurance cost projections, borrowers and investors face hidden exposure, especially within portfolios tied to Fannie Mae, Freddie Mac, and federal housing programs. It calls for climate‑aware disclosures, resilience incentives, and stress‑testing to prevent a systemic shock akin to the 2008 crisis.
Beijing’s GL Capital Holds $385m First Close for Latest Flagship
Beijing‑based GL Capital announced a $385 million first close for its flagship GL China Opportunities Fund V, representing roughly 48% of the $800 million target. The fund, launched in September 2025, will focus on buyout investments across China’s high‑growth sectors. GL Capital...
GE Shipping Adds Medium Range Tanker to Fleet, Stock Closes up 2.92%
Great Eastern Shipping (GE Shipping) announced the purchase of a second‑hand Medium Range tanker of about 49,420 deadweight tonnes, built in 2014, with delivery slated for the first quarter of FY27. The acquisition will be financed entirely from internal accruals,...
Groupe Dynamite Delivers Record Fiscal 2025 Results, Revenue Surpasses $1.3 Billion
Groupe Dynamite reported record fiscal 2025 results, with revenue surpassing $1.31 billion, a 36.7% increase year‑over‑year. Comparable store sales jumped 26.7% for the year and 30.4% in Q4, while gross margin improved to 63.8% and adjusted EBITDA margin rose to 36.5%....
OpenAI Closes $122B Funding Round
OpenAI announced a record $122 billion funding round, pushing its valuation to roughly $852 billion. The round was led by Amazon, Nvidia and SoftBank, which together contributed $110 billion, with Amazon alone committing $50 billion. OpenAI said the capital will fuel compute expansion, research...
ISDA Responds to EC Call for Evidence on Tax Omnibus
On March 30, ISDA, the International Securities Lending Association and the Association for Financial Markets in Europe submitted a response to the European Commission’s call for evidence on the tax omnibus. They contend that divergent interpretations of “beneficial ownership” across...
Press Release: AccessPay Accelerates Growth with Majority Investment From Leading Software Investor, Accel-KKR
AccessPay, a UK‑based bank integration and payment automation SaaS, has secured a majority investment from private‑equity firm Accel‑KKR. The capital infusion will fund product development, scale operations and enable strategic acquisitions, positioning AccessPay to meet rising demand for AI‑ready finance...
Nike Cuts Tech Roles, Continues IT Efficiency Drive After Finops Wins
Nike announced continued IT efficiency measures, cutting additional technology roles after a $230 million severance bill tied to recent supply‑chain and tech layoffs. The company dismissed its chief technology officer in January and placed the new chief operating officer in charge...
Press Release: SAP Taulia Comments on UK Government’s Latest Crackdown on Late Payments
The UK government has introduced its toughest crackdown on late payments in over 25 years, mandating large corporations to report payment performance in annual filings. SAP Taulia highlighted that only 37% of suppliers are paid on time, a decline from...
Press Release: Launch of New Global Acceptance Features for Virtual Cards
SAP Taulia unveiled its Supplier Acceptance suite, a set of global features that eliminate key obstacles to B2B virtual‑card adoption for suppliers. The toolkit automates reconciliation, enables instant payments on invoice approval, and supports multi‑use cards that bypass terminal limits....
Press Release: FIS Launches New Cleared Derivatives Solution for Prediction Markets
FIS announced its CD Prediction Clearing solution, delivering 24/7 real‑time post‑trade clearing for regulated prediction markets. The cloud‑native platform replaces batch processing with high‑volume, instant risk updates, handling millions of transactions daily. Built on the existing CD Books and Records...
Thomas Cook India Secures Top CRISIL Rating; Stock Jumps over 6%
Thomas Cook (India) Limited received a reaffirmation of its CRISIL AA/Stable and A1+ ratings, the highest for any Indian travel and tourism firm. The announcement sent the stock up 6.33% to ₹95.78 on the NSE. In the first nine months...
Source Galileo Sells Norway Unit to Unitech
Source Galileo has sold its Norwegian subsidiary, Source Galileo Norge AS, to Unitech Energy Group, which will rename the entity Nordrenergi AS and relocate its operations to Haugesund. The transaction combines Nordrenergi’s renewable assets—including battery storage, high‑voltage technology, the Zephyros...
NY Life Insurance Arm Apogem Capital Seals $1.43bn Hard Cap Close for New Secondaries Fund
Apogem Capital, the private‑equity arm of New York Life Insurance, announced a hard‑cap final close of $1.43 billion for its latest secondaries fund. The fund will focus on acquiring secondary stakes in private‑equity portfolios, offering liquidity to existing limited partners. The capital...
Keurig Dr Pepper Completes Acquisition of JDE Peet’s and Appoints CEO
Keurig Dr Pepper has completed its acquisition of 96.22% of JDE Peet’s, moving to split the combined business into two publicly traded companies. The coffee arm, encompassing Keurig, Jacobs, Douwe Egberts, L’OR and Peet’s, will generate roughly €14 billion (about $15.3 billion) in annual...
5 of the Most Common Accounting Cybersecurity Threats
Accounting systems are the financial backbone of any enterprise, making them prime targets for cyber attacks. The article outlines five prevalent threats—AI‑powered email scams, ransomware, ERP and application flaws, insider risk with privilege creep, and insecure cloud accounting services—and recommends...
APRA Finalises Amendments to the Capital Treatment for Longevity Products
On 31 March 2026 APRA issued a response paper finalising amendments to the capital treatment of longevity products, introducing the optional advanced illiquidity premium (AILP). The regulator kept the proposed 45 % floor for the AILP and clarified terminology, referring to eligible contracts...
LVMH: AVAILABILITY OF THE 2025 UNIVERSAL REGISTRATION DOCUMENT
LVMU Moët Hennessy Louis Vuitton announced that its 2025 Universal Registration Document (URD) is now publicly available. The French version was filed with the Autorité des marchés financiers (AMF) on March 31, 2026 in the European Single Electronic Format (ESEF)....
Morningstar DBRS Finalises Provisional Credit Ratings on NewDay Partnership Master Issuer Plc, Series 2026-1 and Discontinued Credit Ratings on the...
Morningstar DBRS issued provisional ratings for NewDay Partnership Master Issuer plc’s Series 2026‑1 notes, assigning AAA to Class A, AA to Class B and BBB to Class C. The notes are secured by a pool of co‑branded UK credit‑card receivables, recently bolstered by high‑performing...
Citi Investor Services Supports Fullgoal’s First Hong Kong-Listed ETF
Citi Investor Services has been named trustee, custodian and ETF administrator for Fullgoal Asset Management’s inaugural Hong Kong‑domiciled fund, the Hang Seng HK High Dividend ETF, which debuted on the Hong Kong Stock Exchange on March 31, 2026. The appointment...
Hong Kong’s MPFA Proposes Raising MPF Income Thresholds to HK$10,500 Min and HK$40,000 Max
Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) has proposed raising the MPF income thresholds, moving the minimum from HK$7,100 to HK$10,500 (about $1,340) and the maximum from HK$30,000 to HK$40,000 (about $5,120) per month. The statutory 5% contribution rate...
What the $65B Unilever–McCormick Deal Means—And Why Investors Are Wary
Unilever is merging its food division with McCormick & Company in a $65 billion Reverse Morris Trust that should close around mid‑2027. The British consumer‑goods group will receive $15.7 billion in cash and retain a majority economic stake in the combined entity,...
Managing Liquidity Risk: Opportunities and Challenges for Australian Superannuation Funds
Australian superannuation funds now manage A$4.5 trillion (about $3 trillion) in assets, roughly 160 % of GDP. Growing offshore allocations and increased derivative use have heightened liquidity risk, especially amid volatile markets and geopolitical shocks. Funds are adopting tools such as repo facilities,...
Iran War Risks Private Credit Crisis and AI Bubble Bursting, Bank of England Warns
The Bank of England warned that the U.S.-Iran conflict could trigger a cascade of financial stresses, amplifying existing weaknesses in private‑credit markets and over‑valued AI‑focused stocks. A negative supply shock is tightening financing conditions, raising the risk of simultaneous credit...
How AI Can Safely Support Finance Teams
AccountsIQ’s CFO Mindset Report 2.0 highlights that AI and automation will be the top drivers of change for charity finance teams by 2030, with concerns shifting from job loss to ethical decision‑making and data security. The report notes that fear of...
Plus Is Focusing on New Acquisitions After Costly Merger Years
Dutch supermarket chain Plus is shifting its strategy toward growth through acquisitions after years of merger‑related losses. The company posted a 2025 net loss of €56.2 million (approximately $61 million), up from €53 million in 2024, with €53.5 million of that loss tied to...
Disclosure of Shareholding
On April 1, 2026 LHH AS sold 200,000 shares of Lifecare ASA, reducing its holding to 14.75 million shares. The remaining stake represents 4.94% of Lifecare’s total share capital and voting rights. The transaction was disclosed through Oslo Børs’s Major Shareholding...
Spectator Made £6.6m Loss in Year Paul Marshall Paid £100m for Title
British weekly The Spectator posted a pre‑tax loss of £6.6 million ($8.4 million) for 2024 after Sir Paul Marshall’s Old Queen Street Ventures paid £100 million ($127 million) for the title. The 15‑month sale process cost the magazine £11.4 million ($14.5 million), turning a £2.6 million profit...
Jigsaw Pulls in £3.5m Loss as It Plans New UK Stores
Luxury womenswear retailer Jigsaw reported an EBITDA loss of £3.5 million (about $4.4 million) on revenues of £52.2 million (≈$65 million) for the year ending March 2025. After a strategic review, shareholders injected fresh equity and the board installed a new management team to execute...
Alternative / ILS Reinsurance Capital Grew 18% to $136bn in 2025: Aon
Alternative reinsurance capital surged to a record $136 bn in 2025, an 18% increase year‑over‑year and a 10% jump in the fourth quarter alone. Total global reinsurance capital rose to $785 bn, up 3% from the previous year, while traditional reinsurance grew...
Arctic Bioscience - New Long-Term Financing
Arctic Bioscience announced a new NOK 15 million (≈$1.65 million) bank loan, adding to an NOK 8 million (≈$0.88 million) credit‑facility increase from December 2025. The combined financing lifts the company’s available liquidity by roughly NOK 23 million (≈$2.5 million). Guarantees from Innovation Norway (NOK 6 million) and shareholders (NOK 18 million) back...
CBN Begins Virtual Asset Anti-Money Laundering Supervision, Names Paystack, Flutterwave for Pilot
The Central Bank of Nigeria (CBN) has launched an anti‑money‑laundering, counter‑terrorism financing pilot targeting a select group of virtual asset service providers (VASPs). The pilot includes prominent fintechs such as Paystack, Flutterwave, KuCoin and others, and will require monthly AML/CFT...
Private Credit Turns From Rapid Growth to Increased Scrutiny
The private credit market, now exceeding $3 trillion, is entering a period of heightened scrutiny as rising interest rates, AI‑related borrower stress, and elevated leverage erode investor confidence. Lombard Odier warns that returns are likely to moderate, while major semi‑liquid funds such...
Blackstone Explores $500m IPO for AGS Health in India
Blackstone is in early talks to launch a Mumbai‑based IPO for its AGS Health unit, targeting up to $500 million in proceeds. The offering would combine primary shares and secondary sales, with a valuation goal of roughly $3 billion. AGS Health, founded...
Alternative Funding Strategies Entrepreneurs Are Using in 2026
Entrepreneurs in 2026 face a fragmented financing landscape where traditional bank loans compete with a suite of alternative options. Revenue‑based financing lets SaaS and e‑commerce firms repay capital as a percentage of revenue, preserving equity while aligning incentives. Embedded finance,...
Form 8.5 (EPT/RI)-NCC Group Plc
Investec Bank plc, acting as joint broker for NCC Group plc, filed a Form 8.5 public dealing disclosure on 1 April 2026. The bank disclosed that on 31 March 2026 it purchased and simultaneously sold 275 ordinary shares of NCC Group at £116.12 per share...
Gatchalian Calls for Prudent Budgeting Amid Global Economic Uncertainty
Senator Win Gatchalian filed Senate Resolution No. 349 urging prudent fiscal management in the 2026 General Appropriations Act as global economic uncertainty rises from the ongoing Middle East conflict. He warned that a massive fuel price hike, driven by the crisis,...
CBN Gives Banks 21 Days to Grade Their Cyber Defences
Nigeria's central bank has issued a circular requiring banks, fintechs and other financial institutions to complete a new Cybersecurity Self‑Assessment Tool (CSAT) within 21 days for deposit banks and five weeks for other entities. The move follows a surge in...
Lahori Zeera Revenue Spikes 73% to Rs 540 Cr in FY25, PAT Remains Flat
Indian beverage upstart Lahori Zeera posted FY25 revenue of Rs 540 crore (~$65 million), a 73% jump from the prior year, while net profit held steady at Rs 25 crore (~$3 million). The surge was driven by higher sales of its signature jeera, nimboo...
Cash Flows
Jyske Realkredit has filed detailed cash‑flow data for its outstanding bonds with Nasdaq Copenhagen, complying with Section 24 of Denmark’s Capital Markets Act. The data, provided in an attachment, is also posted on the lender’s website for public access. The...
New Hampshire Issues Bitcoin-Backed Municipal Bond with Ba2 Rating: Moody's
New Hampshire became the first U.S. municipality to issue a Bitcoin‑backed municipal bond, receiving a Ba2 rating from Moody’s on April 1, 2026. The bond is the inaugural public‑finance instrument backed by cryptocurrency assets and is classified as upper‑medium‑grade, reflecting moderate credit...
Hapag-Lloyd Raises Baxi Stake to 50%
Hapag‑Lloyd has raised its equity in Indian logistics group JM Baxi to a 50 percent stake, confirming the move in its 2025 annual report. The carrier now controls the newly created JM Baxi Container Holdings through a board majority, while retaining...
Property Cat Rates Down as Much as 17.5% in Japan, 25% in RoW at April Renewals: Gallagher Re
Gallagher Re’s April 1, 2026 renewal data show Japanese property catastrophe programmes achieved loss‑free results, prompting risk‑adjusted rate cuts of 15%‑17.5%. Across the rest of the world, property cat rates fell between 7.5% and 25%, marking the steepest declines since...
Six Months Out of Stealth, Credibur Hits €2B in Facility Volume
Credibur, a Berlin fintech that emerged from stealth six months ago, now supports €2 billion (about $2.16 billion) of structured debt facilities on its platform. The company raised $2.2 million in pre‑seed funding led by Redstone to build an API‑ and AI‑driven infrastructure...
Gilts and European Bonds Surge as Oil Drops on Iran War Optimism
UK and European government bond yields plunged as oil prices fell 5% on optimism that the Iran war could end soon. German 10‑year yields slipped to 2.94%, the lowest level since March 18, while French and Italian yields each dropped more...
The Three Big Questions Delaying New York’s Budget
New York state lawmakers are still negotiating the 2026 budget, projected at roughly $260 billion. The April 1 deadline passed without an agreement, continuing a pattern of delays that began when Governor Kathy Hochul took office in 2021. Lawmakers remain split over...
Morningstar DBRS' Credit Ratings Eligible Under Japan's New Insurance Solvency Framework
Morningstar DBRS announced that its credit ratings are now eligible for use by Japan‑based insurance firms under the country’s new insurance solvency framework, which aligns with the global Insurance Capital Standard. The approval enables insurers to incorporate DBRS ratings into regulatory...
C-DOT Eyes Spinoff to Take Indian Tech Global
India’s Center for Development of Telecom (C‑DOT) is preparing to spin off a commercial arm, giving private investors a 51 % stake while the agency retains 49 %. The move aims to bypass government tendering constraints and accelerate the global rollout of...
DNeX to Issue RM3bil Sukuk for Growth, Capex
DNeX (Dagang NeXchange Bhd) announced a sukuk programme worth up to RM3 billion (approximately $630 million) to fund working capital, investments and capital expenditure. The programme, structured under the Wakalah Bi Al‑Istithmar principle, will issue both senior medium‑term notes and subordinated perpetual notes, with...
The Future-Ready CFO: Transforming Disruption Into Opportunity
The article outlines how the modern CFO is evolving from a traditional number‑keeper to a strategic, technology‑enabled leader who drives agility, sustainability, and value creation. It highlights real‑time treasury alerts, AI‑powered scenario planning, and sustainability‑linked financing as everyday tools for...