Edelweiss Financial Services Divests 4.4% Stake in Its EAAA Alternatives India
Edelweiss Financial Services has divested a 4.4% stake in its wholly‑owned subsidiary EAAA Alternatives India for ₹375 crore. The sale coincides with EAAA’s preparation for an IPO targeting up to ₹1,500 crore, as outlined in its draft red herring prospectus filed in January. EAAA currently manages ₹68,175 crore in assets, including ₹41,920 crore of fee‑paying AUM split between real assets and private credit. The transaction signals strong investor confidence and positions the platform for a public listing.
Flexential Seeking $1.4bn in ABS, Backed by 28 Data Center Sites
Flexential is pursuing a $1.4 billion asset‑backed securities (ABS) issuance. The notes, structured in two series across four classes, will be secured by its 28 data‑center sites spanning 14 markets and roughly 1.8 million sq ft of floor space. Proceeds will cover closing costs...
Mayo Clinic to Issue $750 Million of Bonds
Mayo Clinic announced a $750 million bond issuance slated for early to mid‑April, comprising a blend of 30‑year notes and intermediate‑term debt ranging from seven to 15 years. The proceeds will finance the nonprofit’s expansive "Bold. Forward. Unbound." capital program, which...
A More Prudent Approach in Apportioning Input VAT Attributable to Zero-Rated Sales
The Philippine Supreme Court in G.R. 215159 clarified how input VAT attributable to zero‑rated sales must be apportioned. It ruled that the declared input VAT, not the substantiated amount, should serve as the allocation basis, limiting refunds to the lower of...
Beat the Paperwork: The Simple Solution for UK Businesses Facing the 2026 MTD Deadline
The UK’s Making Tax Digital (MTD) regime will become mandatory for self‑employed individuals and landlords earning over £50,000 on 6 April 2026, with a lower threshold introduced in 2027. Fujitsu’s ScanSnap iX2500 scanner offers a PC‑free way to digitise receipts and invoices,...
USALI 12 & Water: What Hotels Need to Know About Water Reporting
The 12th Revised Edition of USALI introduces an Energy, Water, and Waste (EWW) schedule that obliges hotels to report both the cost and consumption of water in their financial statements. By capturing gallons or cubic meters alongside monetary expenses, properties...
SEBI Sets up Expert Group to Chart Tech Roadmap for Markets
India’s securities regulator SEBI has created a high‑level expert working group to draft both short‑term and long‑term technology roadmaps for the market ecosystem. The group will address growing trading volumes, digital participation, and operational complexity, while SEBI simultaneously rolls out...
Nasdaq Taps Kraken as Settlement Layer for Tokenized Stock Initiative
Nasdaq announced a partnership with Kraken’s parent Payward to build a settlement layer for its new equity‑token design. The collaboration will connect Nasdaq’s infrastructure with Kraken’s xStocks platform, enabling tokenized stocks to move between regulated, permissioned markets and permissionless DeFi...
64% of Finance Leaders Work Weekends Due to Inefficient Systems
A new AccountsIQ CFO Mindset report shows that 64% of finance leaders in the UK and Ireland regularly work evenings or weekends because their finance systems are inefficient. The survey of 1,000 senior finance professionals links poor software to unpaid...
Par Tech Faces Investor Pressure
Voss Capital, a 13.2% shareholder in Par Technology, has urged the point‑of‑sale software firm to explore strategic alternatives, including a sale. The call comes as Par’s stock has tumbled roughly 70% over the past year, eroding its ability to use...
It’s Time for Law Firms to Own AML
Law firms are facing mounting anti‑money‑laundering (AML) obligations as regulators view them as the weakest link in the compliance chain. Criminals increasingly exploit legal transactions, from onboarding to conveyancing, to mask illicit funds. The article argues that relying on banks’...
Eurofima to Finance More Fleet Types in Revised Lending Framework
Eurofima has overhauled its lending framework to finance a broader range of rolling stock, adding new metro trains, light‑rail vehicles, infrastructure maintenance units, wagons and, in certain cases, locomotives for public service contracts. The revised terms extend financing horizons beyond...
LSEG Launches New Sustainability Ratings and Analytics Solutions Suite
London Stock Exchange Group unveiled LSEG Sustainability Ratings and Data, a rules‑based ESG scoring suite covering over 16,000 companies and 1 million fixed‑income instruments. The platform uses 220 standardized indicators and a double‑materiality matrix to rate firms on a 0‑5 scale...
Regnology Extends Balance Sheet-Centric Reporting Model with Wolters Kluwer FRR Acquisition
Regnology completed its acquisition of Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) unit on Dec 1 2025, merging its cloud‑first regulatory reporting platform with FRR’s finance and risk analytics capabilities. The deal expands Regnology’s footprint, especially in APAC, and adds a 330‑person...
AI Data Transformation Layer Introduced to Eliminate Manual ERP
SageX unveiled an AI‑powered data transformation layer that automates purchase order and invoice processing, routing unstructured content from email inboxes directly into ERP systems. The solution slashes processing time from 45 minutes to under one minute and cuts per‑document costs...
Texas Carrier Serna’s Trucking Files for Chapter 11 Bankruptcy
Serna’s Trucking LLC, a San Marcos‑based carrier founded in 2006, filed a voluntary Chapter 11 petition in the Western District of Texas. The filing lists debts under $3.4 million, qualifying it for a small‑business restructuring, and assets of roughly $545 k, dominated...
Why Fundraising Is Now More Crucial—And Risky—For Colleges Today
Colleges face intensified federal oversight of foreign gifts as data reveal billions flowing from nations like China and Qatar, while shrinking federal research dollars force institutions to lean heavily on private donors. High‑profile scandals—such as Bard College’s probe into ties...
Smartria Launches AI-Powered SmartReview and SmartAssist, Showcases New Capabilities at Future Proof Citywide
Compliance platform Smartria unveiled two AI‑powered tools, SmartReview and SmartAssist, integrated into its cloud solution for registered investment advisors and broker‑dealers. SmartReview automatically screens marketing materials for potential regulatory breaches, while SmartAssist provides a chatbot that answers SEC and FINRA...
Jump Expands AI Operating System for Advisors With New Products Powering Growth and Operations
Jump announced an AI Operating System for Advisors, bundling three new products—Meet, Grow and Operate—on a unified data and orchestration platform. The suite transforms meetings, emails and documents into structured, compliance‑ready intelligence and automates workflows across the client lifecycle. Over...
UHS to Acquire Talkspace for $835M as Hospital Operator Pursues Behavioral Health Growth
Universal Health Services (UHS) announced an $835 million acquisition of virtual behavioral‑health platform Talkspace at $5.25 per share, a 10% premium. The deal brings roughly 6,000 clinicians into UHS’s network, addressing chronic staffing shortages that have limited growth in its behavioral‑health...
3 Giants Across Sectors Lift Dividends 15% or More
American Express, Waste Management, and Dell Technologies each announced dividend hikes of 16%, nearly 15%, and 20% respectively. The increases push yields to roughly 1.3‑1.7%, positioning the stocks as attractive income plays amid strong earnings momentum. Dell highlighted a record...
EQB Nears Takeover of PC Financial Arm After Competition Bureau Approval
EQB Inc. received Competition Bureau clearance to acquire President’s Choice Bank and related PC Financial assets from Loblaw, moving the deal closer to completion. The transaction still requires sign‑off from the Office of the Superintendent of Financial Institutions and the...
Bond Supply, Issuance on the Upswing in 2026
The Bond Buyer’s 2026 Predictions report forecasts municipal bond issuance to surpass $500 billion, with many respondents arguing $750 billion or more is required to fund looming infrastructure needs. Overall supply, tax‑exempt and revenue bonds are all expected to grow, driven by...
Islamic Development Bank to Fund Uganda’s Standard Gauge Railway
The Islamic Development Bank (IsDB) is set to provide a €405 million concessional loan and co‑financing for Uganda’s first Standard Gauge Railway (SGR) phase, a 272 km electrified line linking Kampala to the Kenya border at Malaba. The €2.7 billion project, with a...
MoD Perm Sec Pledges Anti-Fraud Performance Will Improve
Ministry of Defence permanent secretary Jeremy Pocklington told MPs the department expects its anti‑fraud return on investment to reach the public‑sector target of £3 recovered for every £1 spent by 2028, up from a four‑year average of 48p. The 2024‑25...
Ruto: Funds From Kenya Pipeline IPO Will Be Used to Expand JKIA
Kenya raised Sh106.3 billion by selling a 65 percent stake in Kenya Pipeline Company, creating a sizable pool of capital for infrastructure. President William Ruto announced that between Sh15 billion and Sh20 billion from the proceeds will seed the expansion of Jomo Kenyatta International...
BlackRock Caps Withdrawals From $26bn Private Credit Fund
BlackRock announced it will cap withdrawals from its $26 billion private credit fund to manage liquidity pressures. The move follows a wave of redemption requests as investors chase higher yields amid tightening credit markets. At the same time, peers such as...
Kwality Wall’s Shares Slide After Company Reports Q3 Loss of ₹178 Crore
Kwality Wall’s (India) Ltd posted its first quarterly results since its February 2026 listing, revealing a net loss of ₹178.38 crore for Q3 FY26 on revenue of ₹223.43 crore. Exceptional charges of ₹93.70 crore, driven by brand impairment and asset write‑downs, pushed EBITDA...
Canadian Corporate Profits Edge Higher as Tax Payments Surge
Canadian corporate profits rose modestly 2.9% to $620.3 billion in 2024, driven largely by micro‑enterprises and strong performance in Ontario, intermediation and real estate sectors. Ontario posted the biggest provincial gain at 6.1%. Corporate tax payments jumped 19.5% to $155.9 billion, with...
Exclusive: Ecofy Set to Raise Rs 380 Cr Led by British International Investment
Ecofy Finance, a climate‑focused NBFC, is raising Rs 380 crore in a Series B equity round led by British International Investment. The round includes Rs 220 crore from BII, Rs 70.5 crore from Finnfund, and continued backing from FMO and Green Growth Equity Fund....
QNB Türkiye’s Yeliz Ataay Arıkök: Hitting SF Milestones
Yeliz Ataay Arıkök explains that sustainable finance in Turkey is accelerating thanks to regulatory alignment, rising climate‑related risks, and strong corporate demand, especially from renewable energy and heavy‑industry players. Leveraging QNB Group’s deep balance sheet and international market access, QNB...
Place Audit Orders in Public Domain to Boost Trust: CIC to NFRA
The Central Information Commission (CIC) has directed the National Financial Reporting Authority (NFRA) to publish all orders, circulars, and policy decisions affecting audit practices on its website. The recommendation emerged from an RTI appeal concerning auditors' right to legal representation...
Managing Backup Withholding Risk in Tax Compliance
Backup withholding obliges payers to retain 24% of reportable payments when a payee’s Taxpayer Identification Number cannot be verified or the IRS issues a directive. Failure to apply the withholding exposes the payer to personal liability for the shortfall. The...
Interio by Godrej Estimates Projects Business Revenue to Top ₹1,100 Crore in FY26
Interio by Godrej projects its workspace‑solutions business to exceed ₹1,100 crore in FY26, buoyed by strong demand for turnkey interiors across banking, corporate and infrastructure sectors. The firm recently delivered a 75,000 sq ft fit‑out for State Bank of India’s head office in...
Kalshi Taps Brazil’s XP to Take Prediction Markets Global
Kalshi has teamed up with Brazil's leading brokerage XP Inc. to launch regulated prediction‑market contracts outside the United States. XP will handle local distribution, client relationships, and regulatory coordination, while Kalshi supplies the trading technology, market design, and risk‑management tools....
Valero Offers $850MM Debt Instrument Sale
Valero Energy priced an $850 million senior note offering due 2036 with a 5.15% coupon, set to close Tuesday. The net proceeds will refinance higher‑cost 2026 debt, including 7.65% debentures and 3.4% senior notes. In 2025 the refiner achieved a record...
Why Financial Crime Risk Assessments Matter for Governance
Financial crime risk assessments are positioned as the cornerstone of a bank’s AML and CTF framework, providing both diagnostic insight and a roadmap for control enhancements. Regulators treat them as the structural foundation of compliance, while board members rely on...
Government Borrowing Costs Mount on Fears of Inflation Spike
Government gilt yields spiked on Monday as oil prices surged nearly 30%, reigniting fears of higher inflation and prolonged interest‑rate hikes. The 10‑year gilt rose 14 basis points, while the two‑year jumped over 23 basis points, reflecting market expectations that...
New Briefing Note: PSD3 and PSR: From Provisional Agreement to 2026 Readiness
The European Commission has reached a provisional agreement on the Payment Services Directive 3 (PSD3) and the accompanying Payment Services Regulation (PSR), setting a roadmap toward full implementation by 2026. The new rules broaden the definition of payment service providers, tighten...
Navi Technologies Swings to Red with Rs 126 Cr Loss in FY25
Navi Technologies posted an Rs 126 crore loss for FY25, a marked improvement from the Rs 358.5 crore loss a year earlier, despite an 18% jump in revenue to Rs 2,565 crore. Interest income, which makes up 85% of total revenue, rose 21% while other income...
Why Do Banks Fail? Study Finds Insolvency Is the True Killer
A new NBER study of over 4,000 bank runs from 1863‑1934 finds that insolvency, not liquidity, is the primary driver of bank failures. Solvent institutions rarely collapsed even when faced with massive withdrawals, while loss‑making banks turned runs into terminal...
Novobanco Partners Feedzai to Modernise AML and Fraud
Novobanco has entered a multi‑year partnership with Feedzai to overhaul its anti‑money‑laundering (AML) and fraud defenses using Feedzai’s AI‑native platform. The initiative consolidates fragmented compliance tools into a single, intelligence‑driven system that merges KYC, AML and fraud functions. Advanced watchlist...
3 Stocks Sending a Strong Signal With Massive Buybacks
Cheniere Energy, Fair Isaac (FICO) and Zillow Group announced sizable share repurchase programs, collectively representing a significant portion of each company's market value. Cheniere boosted its capacity to $10.2 billion, roughly 20% of its $52 billion market cap, while FICO authorized a...
Policy Paper: HM Treasury Market Engagement Group
HM Treasury released a policy paper on 9 March 2026 announcing the Market Engagement Group (MEG), a senior‑level forum for financial market participants to advise the Chancellor on UK gilt, sterling and broader market issues. The Treasury invites applications until 5 April 2026, outlining...
BIC: Disclosure Of Trading In Own Shares For February 2026
Société BIC disclosed a February 2026 share repurchase program, buying back 31,570 of its own shares at an average price of €53.5908 per share. The total outlay amounted to €1.691 million. The transactions were executed on February 25‑27, 2026, and are...
BIC: Disclosure of Total Number of Voting Rights and Number of Shares Forming the Capital as of February 28, 2026
Societe BIC disclosed its capital structure as of February 28, 2026, reporting 40,861,314 issued shares. The total voting rights amount to 57,593,899, with 57,386,137 rights when excluding non‑voting shares. The filing complies with French Code de Commerce and AMF regulations...
Can AI Replace Excel for Vendor Statement Reconciliation?
Finance and AP teams still rely on Excel for vendor statement reconciliation, but growing transaction volumes expose its manual, error‑prone nature. AI‑driven platforms now automate data extraction, transaction matching, and discrepancy detection, handling inconsistent formats and large data sets in...
Share Buyback Programme - Week 10
Ringkjøbing Landbobank reported its week‑10 share buyback results, repurchasing 127,500 shares at an average price of DKK 1,642, amounting to DKK 209.4 million. The cumulative buyback now totals 1,235,647 shares, representing 4.87% of the bank’s share capital. The programme, approved on 30 January 2026, allows...
AI Factory Builder Nscale Announces Another $2bn of Funding
Nscale, a UK AI factory builder, secured $2 bn in C‑Series funding, valuing the company at $14.6 bn. The round lifts total capital raised to just over $4.9 bn within a year, led by Aker ASA and 8090 Industries with Dell, Lenovo, Nokia...
StrideOne Raises ₹100 Cr, Onboards Ex-Max Life Insurance Rajesh Sud As Cofounder
StrideOne, an Indian NBFC that serves MSMEs and SMEs, secured ₹100 cr (≈$11 mn) in a blend of equity and debt from undisclosed investors. The capital will fund expansion of its enterprise‑anchor programmes, broaden its partner‑lender network, and upgrade technology and risk...