SEBI Confirms Interim Directions Against Par Drugs Chemicals over Slump Sale Plan
The Securities and Exchange Board of India (SEBI) has confirmed its interim order preventing Par Drugs and Chemicals Ltd from completing a slump sale of its core business. The transaction, valued at Rs 95 crore (approximately $11.5 million), was slated for a promoter‑related buyer, Phal‑Jig Fine Chemicals. SEBI found the company could not rebut prima facie irregularities in valuation, shareholder communication, and voting procedures. The directions stay in force until the regulator issues a final determination.
Invoice Fraud Costs UK Construction Sector Millions, NCA Warns
UK’s National Crime Agency, together with the National Federation of Builders, has launched an awareness campaign targeting invoice‑fraud in the construction sector. In September 2025, fraudulent invoices cost the industry almost £4 million (≈$5.3 million) across 83 reported cases, and construction plus...
THG Shares Soar as It Swings Back to Profit in ‘Coming of Age Moment’
THG plc announced a return to profitability for 2025, reporting after‑tax profit of $68.7 million versus a $414 million loss the prior year. The turnaround was driven by a $131 million cash inflow from the sale of its ingredients unit Claremont and a...
Elkann Calls 2025 a “Year of Reckoning” For Stellantis
Stellantis chairman John Elkann labeled 2025 a “year of reckoning” after the automaker posted a $25.8 bn loss, driven by $28.9 bn of balance‑sheet charges tied to an over‑ambitious electrification push. The losses exposed misaligned product strategy, strained dealer relations and costly...
The FRC’s “Evolution” – A Practical Pivot or a Return to Soft Regulation?
The UK Financial Reporting Council is moving from its post‑Carillion enforcement stance to a risk‑based, proportionate supervisory model. In its 2023 audit quality reviews, 77% of audits were rated good or needing limited improvement, rising to 82% among the Big...
Rainy Day Funds Grow Weaker As Budget Pressure Mounts
After years of record highs, state rainy‑day fund capacity slipped in fiscal 2025, with the median state able to cover only 47.8 days of operations, down from 54.5 days in 2024. While 24 states increased their reserves, 26 saw capacity...
Vanke Seeks Bond Delay Again as It Works on Restructuring Plan
China Vanke Co., a distressed property developer, has approached holders of its yuan‑denominated bond maturing on April 23 to seek a payment postponement. In meetings last week, Vanke indicated it is also weighing a broader restructuring that could involve extending...
University of California Shops $3bn LP Portfolio in Major Sale
The University of California announced it will sell a roughly $3 billion portfolio of limited‑partner (LP) stakes in private‑equity funds. The move is part of a broader strategy to rebalance its $140 billion endowment and generate cash for upcoming capital needs. UC...
Gartner Says CFOs Need to Rethink the ROI of AI Investments
Gartner warns CFOs that AI investments cannot be evaluated with a single ROI formula. Instead, AI should be treated as a diversified portfolio comprising routine productivity tools, targeted process improvements, and transformational initiatives. Each use case carries distinct cost curves,...
Florida CFO Reveals How He Is Stopping Fraud
Florida Chief Financial Officer Blaise Ingoglia appeared on Fox Business In Depth to outline the state’s aggressive fraud‑prevention strategy targeting misuse of public assistance programs. He detailed a multi‑pronged approach that includes real‑time data analytics, cross‑agency task forces, and a...
Partners Value Split Corp. Announces 2025 Annual Results
Partners Value Split Corp. reported $94 million of income available for distribution for 2025, up from $85 million the prior year, driven by higher Brookfield dividend rates. Net comprehensive income dropped to $1.35 billion, reflecting weaker unrealized gains on its Brookfield holdings. The...
Partners Value Investments Inc. Announces 2025 Annual Results
Partners Value Investments Inc. reported its 2025 financial results, showing a net loss of US$1.4 billion, a significant improvement from the US$3.8 billion loss recorded in 2024. The reduction stemmed mainly from lower remeasurement losses on retractable common shares, which fell to...
Partners Value Investments L.P. Announces 2025 Annual Results
Partners Value Investments L.P. posted 2025 net income of $69 million, down from $74 million a year earlier, as foreign‑currency translation losses outweighed higher investment income and valuation gains. The partnership’s fully diluted net asset value (NAV) climbed to $9.59 billion, up 21%...
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Why Preferred Stock Values Differ: A Guide for Investors
Preferred stocks blend equity and debt traits, featuring a fixed face (par) value that determines dividend calculations, while their market value fluctuates with investor sentiment and interest rates. The article explains how callable and retractable preferreds differ, noting that issuers...
US Asset Recycling: This Time for Real or Still a Pipe Dream?
Australian investors are reviving the concept of US asset recycling as a way to bridge America’s massive infrastructure funding shortfall. The approach involves selling or leasing existing public assets to private capital, then repurchasing them later, freeing up cash for...
Sert Invests 50 Million Euros in Data Centre Development Fund AiOnX
Stoneweg Europe Stapled Trust (Sert) has committed €50 million (≈ $54 million) to AiOnX’s data‑centre development fund through a mandatory convertible loan. The loan carries a 7.25% cash coupon, equating to roughly €3.6 million ($3.9 million) per year, and is expected to lift AiOnX’s distribution...
Private Credit Takes Flight: Redefining Airport Infrastructure Finance Beyond Equity
Private credit is emerging as a key financing tool for airport infrastructure, complementing traditional private‑equity models. Unlike equity investors, credit providers supply debt without taking ownership, reducing risk exposure for both parties. The trend is driven by public‑private partnership structures...
Pagaya Offers $586.2 Million in Consumer Loan ABS
Pagaya Structured Products is launching a $586.2 million asset‑backed securities (ABS) program backed by unsecured consumer loans from 11 partner lenders. The deal comprises 15 note classes, most maturing on November 15, 2033, with the senior A1 tranche extending to April 15, 2027. Credit enhancement...
Dolphin Entertainment, Inc. (DLPN) Q4 2025 Earnings Call Transcript
Dolphin Entertainment reported fourth‑quarter 2025 results on March 25, 2026, highlighting $112 million in revenue, a 9% year‑over‑year increase driven by its streaming‑content licensing segment. Adjusted EBITDA posted a $4.3 million loss, while the company ended the quarter with $38 million in cash and a...
Co-Pay Scheme, Emergency Projects to Get B300bn
Thailand’s caretaker finance ministry plans to redirect roughly 300 billion baht (about $8.4 billion) into the central budget to fund the “Khon La Khrueng” co‑payment scheme and urgent emergency projects. For fiscal 2026, 861 billion baht ($24 billion) is slated for investment, but 41% ($9.9 billion) remains...
Ascentage Pharma Reports Full Year 2025 Unaudited Financial Results and Provides Business Updates
Ascentage Pharma reported unaudited 2025 results, showing product sales surged 90% to $82.1 million while total revenue fell 41.5% after a $92.9 million drop in intellectual‑property income. Olverembatinib generated $62.2 million, up 81% YoY, and the newly launched Lisaftoclax contributed $10.1 million in its...
G Mining Ventures Reports Q4 and Full-Year 2025 Results; First Full Year of Commercial Production at Tocantinzinho Drives Strong Cash...
G Mining Ventures Corp. posted strong Q4 and full‑year 2025 results, marking the first full year of commercial production at its Tocantinzinho mine with 171,871 ounces of gold produced. The operation generated $255 million in free cash flow and $288 million in...
Snowy 2.0 Budget to Be Exhausted in Coming Months, Ratings Agency Says, as Gas Plant Hit by New Delays
Snowy Hydro’s flagship Snowy 2.0 pumped‑hydro scheme, a 2,200 MW storage project, is projected to breach its $12 bn AUD (≈$7.9 bn USD) capex by fiscal 2026, with the work only 70% complete. The federal government has already supplied $5.98 bn AUD (≈$3.9 bn USD) in...
IDB Invest and Total Servicios Financieros Boost Financing for MSMEs in Peru
IDB Invest is providing a revolving loan of up to $10 million to Total Servicios Financieros, with an additional $10 million expected from third‑party investors, to broaden financing for Peru’s micro, small and medium‑sized enterprises (MSMEs). The funds will support factoring and financial leasing...
Press Release - Fiscal-Year 2025 Results: AFL Group Delivers Record Results, Doubling Its Net Profit
AFL Group posted record fiscal‑year 2025 results, doubling net profit to €10.8 million (about $11.9 million) and lifting net banking income 28% to €30.8 million ($33.9 million). The bank’s gross operating income surged 70% to €13.3 million, while its CET1 capital ratio climbed to 59.45%...
JBS Reports Record Revenue of US$ 86.2 Billion and Closes 2025 with US$ 2 Billion in Net Income
JBS announced record full‑year 2025 revenue of $86.2 billion, a 12% increase over 2024, and net income of $2 billion, up 13%. Earnings per share rose 15% to $1.89, while adjusted EBITDA reached $6.8 billion with a 7.9% margin. Strong contributions came from...
Simplified Roadmap for OTC Markets Quotation
OTC Markets Group released a simplified roadmap outlining eligibility and reporting requirements for its four market tiers, with a focus on upcoming OTCQX rule changes effective April 6, 2026. The amendments raise the minimum market capitalization from $10 million to $25 million, increase required...
House Gives Deposit Insurance Reform Another Try
The House Financial Services Committee unveiled a new legislative package to reform deposit insurance, featuring a revised Main Street Depositor Protection Act that caps coverage for non‑interest‑bearing business accounts at $5 million, down from earlier proposals of $10‑$20 million. The bill delegates...
FSOC Guidance Sets 'Very High' Bar for Nonbank Designation
The Financial Stability Oversight Council voted to issue guidance that pivots to an activities‑based framework for designating non‑bank firms as systemically important, reinstating the high‑threshold standards first used in 2019. The proposal rescinds the Biden‑era rule that lowered the bar,...
Apollo's Insurance Arm Vaults to Second-Biggest FHLB Borrower
Apollo Global Management's insurance subsidiary Athene Holding became the second‑largest borrower in the Federal Home Loan Bank (FHLB) system, holding $23.3 billion in principal advances at the end of 2025. This marks a sharp rise from $15.6 billion in 2024 and places...
Mass. Sheriff Announces Staffing Cuts Due to Budget Shortage
Hampden County Sheriff Nick Cocchi announced a multi‑phase staffing reduction that will eliminate roughly 50 positions, generating $3.6‑$4 million in savings. The cuts follow a $26.5 million reduction in the department’s FY2026 budget after the Commonwealth closed FY2025 books. Most of the...
FASB Votes Against Project Tied to Trump Civil Fraud Case
The Financial Accounting Standards Board voted against launching a research project to revise GAAP guidance for personal financial statements (Topic 274). The proposal, driven by a Brooklyn College professor who cited ambiguities exposed in former President Donald Trump’s civil fraud trial,...
CFO Uncertainty Rises More than Any Other Top Concern During Q1
CFOs reported the highest rise in uncertainty among all concerns in Q1, even as overall optimism about the economy improved from the previous quarter. Tariffs and trade policy topped the worry list, followed by labor quality and demand outlook, with...
Why Revenue Cycle Teams Must Prepare for Extended Downtime in the Age of Cyber Threats
Healthcare providers face escalating ransomware and cloud‑outage threats that can instantly cripple revenue cycle operations, halting claim submissions and cash flow. Recent incidents, such as the Change Healthcare clearinghouse outage and a regional system’s backup encryption, exposed critical blind spots...
How to Simplify and Improve the Lending Reports Process
Effective lending reports turn massive loan data into actionable insight, strengthening investor confidence and strategic decision‑making. By concentrating on core performance metrics—origination volume, default rates, loan‑to‑value ratios, and interest‑rate spreads—organizations avoid information overload. Structured formats that begin with an executive...
Georgia Bill Would Cut Billions in Corporate Tax Breaks
Georgia's Republican‑led Senate passed a bill to lower the state income‑tax rate from 5.19% to 4.99% and to exempt the first $50,000 of individual earnings (or $100,000 for married couples) beginning in 2027. The measure would slash corporate tax breaks...
Robinhood CFO to Receive $18M RSU Promotion Grant
Robinhood announced a promotion grant of restricted stock units worth $18 million for CFO Shiv Verma, alongside a salary increase to $600,000 and a higher bonus target of 75% of base pay. The compensation changes were disclosed a day before the...
Binance Tightens Market Making Rules In Wake of Crash Criticism
Binance, the world’s largest crypto exchange, announced stricter market‑making rules after the October 10 crash that erased roughly $19 billion in leveraged bets. The new policy bans revenue‑sharing arrangements between token projects and market makers, prohibits price‑manipulation tactics, and requires projects...
This Corner of the EM Bond Market Is Worth Checking Out
Emerging‑market corporate bonds are delivering yields well above U.S. benchmarks, and the WisdomTree Emerging Markets Corporate Bond Fund (EMCB) exemplifies this trend with a 5.07% SEC yield. The actively managed ETF holds a 3.97‑year effective duration, positioning it as an...
Private Credit Sector Could Benefit From New Bank Capital Rules
U.S. regulators are drafting new bank capital rules that would lower the risk‑weight for certain securitization exposures from 20% to 15%. The change treats loans to special purpose entities holding private‑credit assets as less risky, encouraging banks to extend more...
How Advisors Are Leveling Up With 351 ETF Conversions
Section 351 ETF conversions are emerging as a growth engine for registered investment advisors, allowing them to bundle existing client assets into a new exchange‑traded fund without triggering immediate capital‑gains taxes. The process streamlines trading, rebalancing, and compliance while preserving the...
IRS Watchdog Cites Resource Limits, Duplication in Partnership Audits
The Treasury Inspector General for Tax Administration (TIGTA) reported that limited resources and duplicated review steps have crippled the IRS’s partnership audit initiatives. A soft‑letter campaign to 483 large partnerships generated few usable responses, and the Large Partnership Compliance program...
$300 AI Tool Kits Let Criminals Bypass Bank Security
Criminals can now purchase AI‑enabled identity‑fraud kits for under $300, combining stolen personal data, synthetic‑material printers and deep‑fake software to bypass bank KYC checks in minutes. Demonstrations at the 2026 RSAC conference showed tools like ProKYC feeding fabricated videos into...
Citigroup's Seasoned Mortgage Pool Secured $1 Billion in RMBS
Citigroup’s Mortgage Loan Trust issued a $1 billion residential mortgage‑backed securities (RMBS) transaction, CMLTI 2026‑RP1, backed by seasoned loans originated in 2019 or earlier. The pool shows strong performance, with 90.3% of loans maintaining a clean payment history and a low delinquency...
M&T Bank Deploys $138M for Philly Affordable Housing Project
M&T Bank is providing a $62.1 million construction loan and a $30.2 million tax‑credit equity investment as part of a $137.5 million financing package for the Philadelphia Housing Authority’s Westpark Redevelopment. The project will deliver 327 mixed‑income units, including 190 affordable apartments for...
AI Social Media Scams Are Coming for Your Accounting Firm: Why DNS Filtering Belongs in Your Security Stack
Artificial intelligence is enabling highly personalized social‑media phishing campaigns that target accountants with fake client messages, ads and login pages. These AI‑driven scams increase the risk of wire fraud, data theft and ransomware for firms handling sensitive financial information. DNS...
The Evolution of Fund Governance to Meet Investor Expectations
Independent directors in hedge funds have shifted from mere compliance roles to strategic pillars of governance, reflecting heightened investor scrutiny after the 2008 crisis. Investors now demand evidence of active board oversight, including meeting frequency, valuation challenges, and conflict management....
Bond Yields Fall After Promising Iran News, Offering Relief Following Latest Mortgage Rate Jump
Mortgage rates surged to a 6.43% 30‑year fixed level as the Iran conflict intensified, pushing borrowing costs higher. Ten‑year Treasury yields fell to around 4.32% after reports of U.S.–Tehran de‑escalation talks, offering a modest relief for mortgage pricing. The Federal...
Starter Guide to UK Sanctions
The UK government’s starter guide outlines who must comply with sanctions, the types of measures—financial, trade, transport, immigration and director disqualification—and the reporting obligations for firms. It explains how designated persons and specified ships are identified, how asset freezes operate,...
Zapier and Rillet Connect AI-Native ERP to Broader Finance Stack
Zapier and Rillet have announced an integration that links Rillet’s AI‑native general ledger with Zapier’s workflow‑orchestration platform, giving finance teams access to more than 8,000 business applications. The partnership lets AI agents handle core accounting tasks while Zapier automates data...