Metrobank Closes Sustainability Bond Offer
Metrobank closed its public offer for the Series F ASEAN Sustainability peso‑denominated bonds a week early, citing strong investor demand. The 1.5‑year bonds carry a fixed 5.4727% coupon and will be listed on the Philippine Dealing & Exchange Corp. on April 14. Proceeds will diversify funding and be allocated to green and social projects under the bank’s sustainability framework. The issuance is part of Metrobank’s roughly $3.6 billion bond and commercial paper program approved in 2021.
PXP Energy Turns P561-M Debt Into Forum Shares
PXP Energy Corp. will exchange roughly ₱561 million (≈ $10 million) of loans for 561 million new common shares in its subsidiary Forum Exploration, Inc., raising Forum Energy Philippines’ ownership to 91.65% from 66.67%. The conversion is intended to shore up Forum Exploration’s balance...
Forrester TEI Studies Project 101% ROI for Enterprises, 16-Month Payback for Midmarket on Dynamics 365 ERP
Forrester Consulting’s Total Economic Impact studies, commissioned by Microsoft, estimate a 101% three‑year return on investment for large enterprises and a 16‑month payback for mid‑market firms that adopt Dynamics 365 ERP. Both studies model organizations moving from fragmented, legacy ERP...
Wheaton Precious Metals: Gift Of The Cartel
Wheaton Precious Metals Corp. has been upgraded from a Sell to a Hold rating after its market capitalization eroded following an expensive silver streaming transaction. The company now trades at roughly 18 times its worst‑case revenue forecasts, putting it near what...
Exor: Deep NAV Discount Persists Despite Lingotto Momentum And Portfolio Rotation
Exor N.V. is trading at an approximately 62% discount to its net asset value, a gap analysts deem unjustified given its robust balance sheet and active portfolio management. The company's Lingotto asset‑management arm has tripled assets under management to $10 billion,...
Perma-Fix Environmental Services, Inc. (PESI) Q4 2025 Earnings Call Transcript
Perma‑Fix Environmental Services held its fourth‑quarter and fiscal 2025 earnings call on March 24, 2026, releasing the company’s Q4 and full‑year financial results. CEO Mark Duff and CFO Ben Naccarato presented the numbers and outlined strategic initiatives, while emphasizing the firm’s role...
Nelson Peltz Is Giving Hedge Funds a Little Sweetener
Nelson Peltz’s activist firm Trian Fund Management has upgraded its bid for London‑based asset manager Janus Henderson to a "best and final" $8 billion offer, translating to $52 per share and clearing the $50‑a‑share hurdle. The proposal represents a 25% takeover...
Takeover Chatter Swirls Around Jefferies with Japan’s SMFG a Rumored Suitor
Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly assessing a bid for U.S. investment bank Jefferies, prompting a modest rally in the lender’s stock. Jefferies shares have slumped 34% this year after exposure to bankrupt auto‑parts maker First Brands, though...
Ninja Explores Riyadh Listing as Saudi Market Holds Steady Despite Tensions
Saudi quick‑commerce startup Ninja, founded in 2022, is weighing a Riyadh IPO after posting roughly $1 billion in 2025 revenue and targeting $1.6 billion in 2026. The company secured $250 million of funding in 2025, lifting its valuation to $1.5 billion and joining Saudi...
Iliad Upbeat on 2025, but Cagey on Current Year
Iliad reported a 23% jump in operating free cash flow to €2.25 bn ($2.43 bn), surpassing its €2 bn target. Revenue grew 3.4% to €9.5 bn ($10.3 bn) driven by strong performance in Italy and Poland, while EBITDAaL topped €4 bn ($4.32 bn). The group added 1.5 million...
FIS Debuts Clearing Solution for Prediction Markets
FIS has launched the CD Prediction Clearing solution, delivering 24/7 real‑time post‑trade clearing for regulated prediction markets. The platform replaces fragmented batch processes with continuous, high‑volume transaction handling and instant risk updates, capable of processing millions of trades daily. It...
OpenAI Set to Raise About $10 Billion From MGX, Coatue, Thrive
OpenAI is close to securing roughly $10 billion from a new venture round, bringing its latest fundraising total to about $120 billion. The round values the company at approximately $730 billion post‑money. Abu Dhabi‑based MGX, Coatue Management and Thrive Capital are leading the...
J.P. Morgan Bitcoin Mining Deal Boosts WGMI Top Holding
Core Scientific secured $500 million in financing from JPMorgan, bringing its total Wall Street commitments to $1 billion after a prior $500 million from Morgan Stanley. The funding will accelerate equipment purchases, property acquisitions, and energy contracts as the miner pivots its 11...
Automating Complex Finance Workflows with Multimodal AI
Finance leaders are turning to multimodal AI frameworks to automate complex document workflows. By pairing vision‑enabled parsing tools like LlamaParse with large language models, extraction accuracy improves 13‑15% over raw OCR. Gemini 3.1 Pro, combined with Gemini 3 Flash for...
Secondary Reinsurance Market Could Drive Greater Capital Efficiency, Says Howden Re
Howden Re’s new report outlines a framework for a secondary reinsurance market, arguing that tradable risk would let insurers and reinsurers re‑balance exposures and release capital more efficiently. The broker highlights that reinsurance currently acts as static contingent capital, with...
Risley’s CFFI Under Scrutiny as Court Extends Stay, Orders Review of $1.4-billion Debt
Nova Scotia Supreme Court judge extended the stay of CFFI Ventures’ CCAA restructuring until May 29, keeping the $1.4 billion (≈ $1.0 billion USD) debt under court protection. A monitor from FTI Consulting will re‑evaluate the company’s roughly $367 million (≈ $270 million USD) asset base,...
Transparency Data: HM Treasury Business Appointment Rules Advice, October to December 2025
HM Treasury has published transparency data covering business‑appointment advice given between October and December 2025. The dataset details guidance provided to former senior civil servants (SCS1 and SCS2) and equivalent special advisers on taking outside roles. It aims to document compliance...
The Six Types of Due Diligence You Need Before Merging
The article outlines six essential due‑diligence categories that CPA firms should evaluate before merging, stressing that the scope must be tailored to each transaction. It recommends pairing a Letter of Intent with reviews of financial, tax, legal, operational, cultural, and...
Third-Party Ownership and Strong Market Fundamentals Drive ‘New Shape of Solar’ in US Residential Sector
The Aurora Solar Snapshot shows third‑party ownership (TPO) models have become the leading financing choice for U.S. residential solar, with 55% of installers favoring PPAs or leases over loans and cash. The shift follows the Trump administration’s rollback of Inflation...
Subprime Lender Goeasy Secures Debt Relief After Share Slide
Goeasy Ltd. secured debt‑relief concessions after a Q4 charge‑off surge of C$331 million ($241 million) forced its auto‑lending unit LendCare out of compliance, sending shares down over 60 % and its 6.875 % note to 79.25 cents. Lenders waived covenants, raised spreads by 100 basis...
Abivax in No Rush for a Deal, Confident Key June Trial Data Can Secure Better Terms for Partnerships, CEO Tells...
Abivax plans a June capital raise ahead of a pivotal maintenance trial readout for its lead asset, obefazimod, which targets ulcerative colitis and Crohn's disease. CEO Marc de Garidel told CNBC the company is in no hurry to sell, believing...
How Exchange Rate Movements Impact Businesses Importing From China
UK importers buying from China face cost volatility because most Chinese suppliers invoice in US dollars, forcing businesses to manage both GBP/USD and USD/CNY pairs. A 5‑10% swing in the pound can instantly raise cost of goods sold, while freight...
Consistency Rules in Prop Trading: What They Are, Why Firms Use Them, and How Traders Adapt
Consistency rules in proprietary trading firms are designed to prevent traders from relying on a single, oversized profit day and to promote repeatable, controllable performance. These rules often cap daily profit contributions, require a minimum number of trading days, or...
Vantage Data Centers Appoints Scott Beasley as Global Chief Financial Officer
Vantage Data Centers announced the appointment of Scott Beasley as its global chief financial officer, overseeing finance, accounting, capital markets, procurement, and corporate development. Beasley, based in Denver, brings extensive experience from leading Frontier Communications through a $12 billion fiber investment...
Spain Moots New SFDR Eligibility Pathway for Sovereign Bonds
Spain’s finance ministry has floated a new eligibility pathway that would allow sovereign bonds to be classified as sustainable under the EU’s Sustainable Finance Disclosure Regulation (SFDR). The proposal seeks to broaden the pool of assets that can meet ESG...
Feedzai Unveils RiskFM, Aimed at a Frustrating Plague of Financial Fraud
Feedzai has launched RiskFM, a fraud‑prevention platform that moves beyond sole reliance on card‑network data by incorporating customer onboarding, payments and broader digital activity. The solution processes roughly $9 trillion in global payments across 120 billion events each year. Early testing is...
Starling Bank Appoints New Chief Risk Officer
Starling Bank announced the appointment of Keith Algie as its new group chief risk officer, pending regulatory sign‑off. Algie succeeds Cyrille Salle De Chou, who is leaving after a two‑year tenure focused on scaling the bank’s risk framework. Algie joins from ANZ,...
Institutions Are Increasing Private Market Allocations: Nuveen
Institutional investors are allocating more capital to private‑credit strategies, according to Nuveen. The firm notes a surge in demand for bespoke investment vehicles, with custom mandates and separate accounts topping the list of preferred structures. This shift reflects a broader...
HDFC Gold ETF to Use Commodity Derivatives During Supply Shortage
HDFC Mutual Fund announced that its Gold ETF will tap exchange‑traded commodity derivatives (ETCDs) only when physical gold becomes temporarily scarce. The fund currently holds 15,262 kg of 99.5% pure gold, representing 98.65% of its assets, with cash and net current...
Spade Raises $40M Series B for Finance AI Platform
Spade announced a $40 million Series B round led by Oak HC/FT, backed by Andreessen Horowitz and other fintech investors. The New York‑based fintech reported 470% year‑over‑year growth and a peak daily transaction volume of 1.9 billion, underscoring rapid adoption. The capital will...
The Post Office Is Out of Options
South Africa’s Post Office, under business rescue, has been denied permission to sell assets or borrow externally due to the Public Finance Management Act, leaving it financially stranded. The rescue team says an additional R3.8 billion (≈$210 million) is required on top...
Tether Hires a 'Big Four' Firm for a Full Audit of USDT Reserves
Tether announced it has engaged an unnamed Big Four accounting firm to perform its first full financial‑statement audit of the $184 billion USDT stablecoin. The audit will scrutinize the token’s assets, liabilities, internal controls and reporting processes, moving beyond the periodic...
Bank of Montreal Launches Tokenized Cash Platform with CME and Google
Bank of Montreal (BMO) announced a tokenized cash platform built with CME Group and Google Cloud, aiming to deliver near‑instant settlement for capital‑market participants. The service will allow continuous fund movement, eliminating traditional banking‑hour constraints and reducing capital tied up...
The EBA Publishes Its Second MREL Impact Assessment Report
The European Banking Authority released its second impact assessment of the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). The report finds that by the end of 2024 EU resolution entities hold MREL‑eligible instruments equal to 34.7% of total...
Euler Motors Raises $47 Mn in Series E Round Led by Lightrock
Euler Motors secured a $47 million Series E round led by Lightrock, complemented by roughly $30 million in debt financing. The funding will boost product development, manufacturing capacity, and its dealer network across India. Revenue grew 12% to about $23 million in FY25 while...
The Bipartisan Budget Act Audit Regime
The Bipartisan Budget Act of 2015 introduced a centralized audit system for partnerships, restricting Administrative Adjustment Requests (AARs) once the IRS issues a Notice of Administrative Proceeding (NAP). This limitation can trap taxpayers, as illustrated by an estate‑partnership scenario where...
Danantara’s First Year Sparks Doubts over Investment Focus, Economic Role
Indonesia’s Danantara fund, launched a year ago to operate like a sovereign wealth fund while managing state assets, has largely focused on direct support to domestic firms. In its first twelve months it pumped $1.4 billion into Garuda Indonesia, $295 million into...
Omnes, Apex to Tokenize Bitcoin Mining Exposure via Structured Note on Base
Omnes and Apex Group announced a tokenized secured debt note, the Omnes Mining Note (OMN), that provides institutional investors exposure to Bitcoin mining hash‑rate on Base, Coinbase’s Ethereum layer‑2 network. The structured note packages mining output into a regulated on‑chain...
DevX To Raise ₹35 Cr From Founders, Infibeam Projects
Indian coworking operator DevX announced a ₹35 crore (~$4.2 million) capital raise within six months of its September 2025 IPO. The board approved ₹15 crore in warrants for co‑founders and a ₹20 crore equity injection from Infibeam Projects Management, giving the latter a 4.7%...
Agents for Finance Startup Zalos Raises $3.6M to Transform Finance Departments
Zalos, a London‑San Francisco fintech, raised a $3.6 million seed round led by 14Peaks Capital to develop AI agents that automate finance‑team workflows. The startup’s agents log into existing ERP, CRM, spreadsheet, and banking systems, handling tasks without requiring a stack...
Bond And Loan Financing
The article clarifies how municipal bonds differ from bank loans, emphasizing that bonds do not create money while loans do through deposit creation. It walks through a $900 bond issuance, showing how an investment‑bank underwriter sells the securities, deducts fees,...
Turkcell Secures $1B Deal to Fund 5G Rollout
Turkcell secured a $1 billion syndicated loan from 14 banks to fund its 5G and next‑generation network rollout, ahead of Turkey’s April 1 launch. The facility, initially offered at $500 million under a Murabaha structure, was oversubscribed and doubled in size. HSBC acted...
Financial Crime Risk Assessments: The New Regulatory Standard
Regulators worldwide are elevating enterprise‑wide financial crime risk assessments from a compliance formality to the core blueprint of AML/CTF programmes. The new standard demands assessments that are accurate, complete, evidence‑based and fully integrated with governance, controls and risk appetite. Generic...
ACCA Applauds Moves to Strengthen Vital UK Small Business Audit Market
ACCA has announced its collaboration with the UK Financial Reporting Council to strengthen the audit market for small and medium‑sized enterprises. The partnership will focus on implementing the FRC’s proposed reforms covering regulation, supervision, technology and ethical guidance, including a...
DNV Supports Grenergy Chile Financing
DNV has helped Grenergy Renovables secure financing for its Central Oasis solar‑plus‑storage portfolio in Chile. The 398 MW solar PV and 1.4 GWh battery complex spans the Maule and Bíobío regions. International lenders, led by BNP Paribas with Santander and Rabobank, provided the...
How Financial Crime Enables Child Exploitation Networks
Financial crime fuels a massive global child sexual exploitation market, with an estimated half‑million Filipino children forced to produce content and 105 million abuse files identified worldwide in a single year. Demand originates mainly from high‑income Western economies, where offenders may...
Panattoni Promotes Cripps to Head of International Capital Markets
Industrial developer Panattoni has promoted Nick Cripps to head of international capital markets, expanding his remit to 18 markets across the UK, Europe, the Middle East and India. Cripps, who joined five years ago, previously built joint ventures and helped...
UBS AM Expands LSE Offering with New Share Class of MSCI Europe ETF
UBS Asset Management has introduced a US‑dollar‑denominated share class of its Core MSCI Europe UCITS ETF on the London Stock Exchange, joining an existing sterling‑denominated class. The ETF tracks the MSCI Europe Net Return Index, holds roughly $1.14 bn in assets...
The Great Easing Pause: Treasury Strategy in a Wartime Economy
The Federal Reserve paused its easing cycle in March, keeping the federal funds rate at 3.50‑3.75% after three consecutive quarter‑point cuts. This “hawkish hold” arrives amid a wartime‑style energy shock that could lift headline inflation by 0.8 percentage points and...
How the Economy Would Weather Private-Credit Defaults Rising to Financial Crisis-Like Levels
Goldman Sachs’ latest research argues that even if private‑credit defaults surge to 10%—a level seen during the 2008‑09 financial crisis—the macroeconomic fallout would be modest, trimming U.S. GDP by only 20‑50 basis points. The sector, with roughly $1.7 trillion in leveraged...