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Third Harmonic Bio, Inc. (THRD) completed its court‑ordered dissolution after shareholders approved the Plan of Dissolution on June 5 2025. The company voluntarily delisted from Nasdaq and filed a Certificate of Dissolution effective July 31 2025. Two cash liquidating distributions have been paid – $5.35 per share on August 11 2025 and $0.08 per share on March 11 2026 – with the total contract value now $543 per 100‑share contract. Options on THRD will remain in delayed settlement until the OCC determines the final cash deliverable based on all distributions.
A Technology CFO’s Guide To Storytelling
Technology CFOs are increasingly required to be strategic storytellers, translating complex financial data into compelling narratives for investors, customers, and employees. Lisa Cummins Dulchinos, CFO of semiconductor unicorn Ayar Labs, illustrates this shift by using real‑time scenario planning and disciplined...
SEC Issues Guidelines for New Online Lending Platforms
The Philippine SEC released draft guidelines to end the 2021 moratorium on registering new online lending platforms (OLPs). The proposal outlines prudential, disclosure and market‑conduct standards, a single entity‑level certificate of authority, and a graduated asset‑based licensing fee effective 2027....
Bank Regulators Warn of Increased Cyber Risk From Iran War
Regulators in California and New York have issued urgent cyber‑risk bulletins as the Iran‑Israel war heightens threats to the financial sector. The DFPI and NYDFS urge banks to strengthen defenses, review incident‑response plans, and monitor supply‑chain traffic. Major institutions such as...
Safe, Efficient Markets for SFTs
Securities financing transactions (SFTs) such as repos, securities lending, and margin lending are essential for daily market liquidity, collateral flow, and the transmission of monetary policy, underpinning benchmarks like SOFR. Historical stress events—from the 1998 LTCM collapse to the 2022...
IRS Updates Withholding Tax Calculator for New Tax Breaks
The IRS has refreshed its Tax Withholding Estimator to incorporate the new credits and deductions introduced by the One Big Beautiful Bill Act (OBBBA). The updates cover tax breaks for tips, overtime, senior citizens, car‑loan interest, family‑related credits, homeownership and...
Saga Communications Reports 9.3% Decline in 2025 Q4 Revenue
Saga Communications reported fourth‑quarter 2025 net revenue of $26.5 million, a 9.3% decline from the same period a year earlier. Digital revenue, however, surged 25.8% to $4.3 million, indicating a shift toward online platforms. For the full year, the company posted a...
Loan Note: How to Accommodate the Retail Rush; Increased Capital Flows Put Underwriting in Spotlight
The latest loan note highlights a surge in retail investor redemptions, putting pressure on capital providers to manage liquidity. Growing capital inflows are raising concerns about underwriting standards across private‑debt markets. British International Investment announced backing for an emerging‑market impact...
Why Investors Won’t Know What to Make of AI for a While
Investors are struggling to price artificial‑intelligence companies because revenue models are still evolving and traditional valuation metrics lag behind rapid adoption. The article argues that AI’s impact is broader than past tech waves, but the market lacks reliable data on...
Precision BioSciences (DTIL) Swings to $1.05 EPS in Q4, Reversing $2.22 Year-Ago Loss
Precision BioSciences reported GAAP diluted EPS of $1.05 for Q4 2025, a sharp turnaround from a $2.22 loss a year earlier. Net income rose to $20.1 million while revenue held steady at $34.2 million. The profit swing marks a potential inflection...
Crypto for Advisors: Crypto Accounting; Comparing the US and Europe
Crypto accounting remains unsettled as digital assets defy traditional GAAP and IFRS categories, creating valuation and disclosure uncertainty for funds in both the US and EU. The EU is advancing harmonized reporting through the phased rollout of MiCA, while the...
CRISIL Rates WeWork India A+/Stable, Projects 15-20% Revenue Growth
CRISIL assigned WeWork India Management Ltd an A+/Stable long‑term rating and an A1 short‑term rating covering ₹800 crore of bank facilities. The rating agency projects operating income to rise 15‑20% over the medium term as the coworking provider adds 20,000‑30,000 desks...
CareCloud (CCLD) Reports EPS of $0.04 for Q4 FY25; Revenue Rises 22%
CareCloud, Inc. posted GAAP earnings of $0.04 per share for Q4 FY25, marking a modest profit after flat performance a year earlier. Revenue surged to $34.4 million, a 21.8% year‑over‑year increase and the strongest quarterly top‑line in recent history. The company...
The Hidden Cost of Inaccurate Time Tracking and How to Fix It for Growing Teams
Inaccurate time tracking is costing U.S. professional‑services firms billions, with an average loss of $63,807 per employee each year. Missed or misrecorded minutes translate into under‑billing, payroll errors, project overruns, and compliance risks that erode margins and credibility. AI‑powered platforms...
Novo Holdings’ Assets Fell 34% in 2025 As Its Namesake Drugmaker Struggled
Novo Holdings' assets under management plunged 34% in 2025, falling to €93 billion as its controlling stake in Novo Nordisk lost market value. Despite the valuation hit, the holdings generated €2.8 billion in income and delivered 8‑9% five‑ and ten‑year returns, outpacing...
Fraud Battle Calls for Cross-Sector Effort
Financial institutions are urging federal rule changes and cross‑sector data sharing to combat AI‑enabled fraud. Panelists highlighted the need for banks, telecoms and social‑media platforms to exchange real‑time signals, creating a unified view of fraud networks. Current safe‑harbor protections under...
Number Crunch: Vive Le Private Equity
France’s private equity market continues to hold its ground in Europe despite a broader fundraising slowdown. Recent data shows French funds maintaining stable capital commitments while peers in the UK and Germany face declines. The resilience is attributed to a...
UK Raises $8.4 Billion in First Green Bond Offering to Include Nuclear Energy as Eligible Use of Proceeds
The UK Debt Management Office completed a £6.25 billion (US$8.4 billion) Green Gilt offering maturing in 2037, the first new green gilt since 2021. The issuance brings total green gilt proceeds to £55.8 billion since the program’s launch and introduces a dedicated green...
Doeren Mayhew Adds Berman Hopkins
Doeren Mayhew announced the acquisition of Berman Hopkins CPAs & Associates, adding nearly 100 employees and nine principals to its roster. The deal expands the Michigan‑based firm’s presence in central Florida, bolstering its service platform across construction, healthcare, manufacturing and...
Why CFOs Are Rethinking How Businesses Control Vendor and Subscription Spending in 2026: Expert Commentary
CFOs are shifting vendor and subscription spend management from a reactive back‑office task to a strategic priority in 2026. Rising inflation, post‑pandemic budget tightening, and an explosion of recurring SaaS contracts have exposed the limitations of manual expense processes. Finance...
EU Financial Markets Enter 2026 Amid High-Risk Environment
The European Securities and Markets Authority (ESMA) released its first risk‑monitoring report for 2026, warning that market and systemic stress remain high despite solid performance in late 2025. Geopolitical tensions, stretched equity valuations, rising price correlations and sophisticated cyber‑hybrid threats...
ESMA Sets Out Actions to Simplify the Retail Investor Journey and Make Investing More Accessible
The European Securities and Markets Authority (ESMA) released its takeaways from the 2025 Call for Evidence on the retail investor journey, outlining concrete actions to make investing easier for EU consumers. It will focus on streamlining disclosure requirements, simplifying suitability...
7 Best Invoice Management Software for 2026: My Picks
Finance teams are increasingly burdened by manual invoice approvals, prompting a surge in specialized invoice management platforms. Darshayita Thakur evaluated over 20 solutions and identified seven top performers for 2026: Xero, Paylocity, SAP Concur, BILL AP/AR, Stampli, Payhawk, and SAP Cloud ERP. Each...
TasFoods Appoints Administrators
TasFoods announced on 12 March that it has entered voluntary administration after an unsuccessful attempt to sell its core Nichols Poultry unit. The board appointed KPMG partners Tim Mableson, David Hardy and Emily Seeckts to oversee the process and explore a...
SEC and PCAOB Enforcement Grinds to a Near Halt Under New Leaders
The SEC launched only ten accounting and auditing enforcement actions in 2025, the fewest in nine years, and collected just $31 million in settlements, a sharp drop from $907 million the previous year. Most of the 2025 penalties were imposed during outgoing...
Man Jailed for Running Illegal Sale-and-Rent-Back Scheme Targeting Struggling Homeowners
Rajinder Gill was sentenced to two and a half years in prison for operating an unauthorised sale‑and‑rent‑back scheme that defrauded vulnerable homeowners of £925,233. The scheme, run through Secure Property Consultants Ltd, forced owners to sell below market value, pay...
Second Charge Mortgage Firms Told to Raise Standards for Consumers
The FCA has warned second‑charge mortgage lenders and brokers to raise standards after a review uncovered weak affordability checks, inappropriate debt‑consolidation advice, poor record‑keeping and opaque fees. The sector, which serves borrowers with high debt and low resilience, accounts for...
Iran War, SaaS-Pocalypse Loom Over Already-Sluggish Sports Deals
M&A activity in the United States has slumped, with announced mergers dropping 23% to 1,795 by March 9, while sports and e‑sports deals fell to just five this year versus 57 in 2025. The downturn is driven by the February “SaaS‑pocalypse,”...
Lantern CFO Greg Chisholm Talks Health Care, AI and Capital Allocation
Lantern appointed Greg Chisholm as CFO, leveraging experience from HelloFresh, Wayfair, and McKinsey. He is focused on mapping the health‑care business’s complexity and shaping capital‑allocation decisions as the company scales at roughly 50% annual growth. Chisholm points to structural cost...
Voya Limits Data Center Credit Investing on AI Demand Worries
Voya Financial’s private‑credit division is curbing exposure to data‑center credit tied to AI demand, citing concerns that the rapid expansion may plateau before debts are repaid. The firm manages a $50 billion portfolio and is limiting holdings linked to large tech...
Side Letter: DC Denial
A major US public pension announced it will bar private‑market investments from its defined‑contribution (DC) portfolio, marking a rare retreat from private equity exposure. Simultaneously, general partners (GPs) are urging European Union policymakers to introduce measures that would catalyse private‑capital...
Evotec Slashes Staff as Turnaround Plan Gathers Pace
Evotec unveiled the second phase of its Horizon turnaround, announcing 800 job cuts and the closure of four sites to save €75 million by 2027. The move follows a previous round of 600 layoffs and a failed $2.1 billion Halozyme takeover, reducing...
Joint and Several Liability (JSL) Legislation 2026: What Recruitment Agencies Must Know
From April 2026 the UK will enforce Joint and Several Liability (JSL) legislation, expanding HMRC's ability to hold recruitment agencies financially responsible for unpaid PAYE, NICs, and other employment taxes incurred by umbrella companies. The rule shifts tax risk from...
Apollo Plans to Mark Private Credit Daily, Answering Critics
Apollo Global Management, which oversees $938 billion in assets, announced it will begin reporting net asset values for its private credit funds on a monthly basis, with plans to move to daily NAVs and third‑party valuations. The initiative comes as the...
Don’t Take All the Credit
The article by WisdomTree analysts Jeff Weniger and Kevin Flanagan examines the state of U.S. credit markets amid lingering Middle‑East conflict concerns. It notes that investment‑grade and high‑yield spreads entered 2026 at the low end of historical ranges, briefly widened when the...
Venu Secures $86M in Oversubscribed Public Offering, CEO Says: ‘We Just Raised a Ton of Money.’
Venu Holding announced an $86 million oversubscribed public equity offering, selling 18.75 million shares at $4 each and adding warrants for additional purchases. The capital will fund new venues in Texas and Oklahoma, repay a $4.35 million promissory note, and support working capital....
Emversity Buys Back Rs 6.5 Cr ESOPs From 20 Employees
Emversity has repurchased employee stock options worth Rs 6.5 crore from 20 staff members as part of a liquidity programme for employees who joined on or before 31 January 2024. The company now employs more than 700 people across 24 Indian states and over...
Global Financial Crime Surges to $4.4 Trillion, New Report Warns
Nasdaq Verafin’s 2026 Global Financial Crime Report estimates illicit activity at $4.4 trillion, a $1.3 trillion increase since 2023 and a 19.2% CAGR. Drug trafficking accounts for $1.1 trillion, human trafficking $528.5 billion, and terrorist financing $16.2 billion. Fraud scams surged to $579.4 billion, driven by...
Tokio Marine Targets Mid-Guidance Pricing for $100m Kizuna Re Quake Cat Bond
Tokio Marine & Nichido Fire is targeting mid‑guidance pricing for its $100 million Kizuna Re III catastrophe bond, which provides earthquake reinsurance for the Tokio Marine group. The bond, issued through a Singapore‑based SPV, carries a three‑year rolling aggregate trigger and a...
TD Bank Expands Embedded Banking with Workday Integration for U.S. Business Clients
TD Bank announced a new embedded banking solution that integrates directly with Workday’s cloud‑based ERP for U.S. business clients. The service lets companies access credit, payments and cash‑management tools within Workday’s workflow, reducing manual hand‑offs. Early adopters will receive a...
Michelle W Bowman: Liquidity Resiliency, Financial Stability, and the Role of the Federal Reserve
Michelle Bowman opened a roundtable on the U.S. bank liquidity framework, reviewing the Liquidity Coverage Ratio, Net Stable Funding Ratio, internal stress testing and resolution planning. She argued that fifteen years after the financial crisis, these tools often create excess...
Rethinking Risk in the P2P Cycle
Treasury departments now treat the Purchase‑to‑Pay (P2P) Risk Index as a core KPI. The index measures data integrity, fraud/compliance pressure, and working‑capital efficiency, exposing hidden leakage and regulatory exposure. AI‑driven forensic tools and automated segregation of duties are being deployed...
February European ETF Flows Close to Those in January: Morningstar
Morningstar reports European ETF and ETC net inflows of €49.7 billion in February 2026, virtually matching January’s €49.8 billion. Year‑to‑date flows have reached €93.5 billion, outpacing the €91.3 billion recorded in Q1 2025 and setting a new pace. Equity ETFs dominate, accounting for roughly 88 % of...
War in Middle East May Press Pause on Bank Deal Boom
Bank merger‑and‑acquisition activity surged in 2025, but the war in Iran has introduced sharp stock‑price volatility that threatens to stall the consolidation wave. Falling bank‑stock values erode the equity currency traditionally used to fund deals, pushing pricing down and making...
Agentic AI and the New Governance Challenge for Treasurers
Agentic AI is moving from experimental chatbots to autonomous digital deputies that execute trade‑finance workflows without human prompting. In 2026 treasurers see agents handling document orchestration, real‑time payment interventions, and cross‑system data writes, dramatically speeding up back‑office operations. The technology...
MAS Unveils Climate Transition Planning Rules for FIs
Singapore's Monetary Authority (MAS) has issued new Environmental Risk Management guidelines that focus on climate transition planning for banks, insurers and asset managers. The rules require firms to embed forward‑looking climate risk assessments, governance structures and client engagement into their...
Guidance: Consolidated Budgeting Guidance 2026 to 2027
On 12 March 2026, HM Treasury released the Consolidated Budgeting Guidance for fiscal years 2026‑27, detailing the budgeting framework that government departments must follow for expenditure control. The 203‑page document sets out new targets, reporting requirements, and risk‑adjusted allocation principles...
Tiff Macklem: New Players, Old Risks - Financial Stability in a Changing Landscape
Tiff Macklem warned that the financial system’s growing reliance on non‑bank players is creating new systemic vulnerabilities, especially through hedge‑fund leveraged trading in sovereign bonds and the rapid expansion of private credit. He highlighted that hedge funds now purchase up...
Navitas Appoints Former Lattice Chief Accounting Officer as CFO
Navitas Semiconductor announced the appointment of Tonya Stevens as chief financial officer, effective March 30, 2026. Stevens brings more than three decades of finance and accounting experience across the semiconductor, technology, and manufacturing sectors, most recently serving as chief accounting...
Staying Ahead of the Compliance Landscape Requires a Modernised Workflow
Australian SMBs face rapidly growing compliance complexity, with 90% reporting tougher requirements and senior leaders losing focus. Most still rely on spreadsheets, email chains, and manual processes, exposing them to hidden risks. A modern workflow—centralised data, automation, and mobile-first access—can...