
The Gulf Cooperation Council (GCC) is accelerating the adoption of digital debt securities, with several banks issuing digitally native bonds on blockchain platforms. Notable issuances include First Abu Dhabi Bank’s $100 million note, Qatar National Bank’s $500 million digital bond, Doha Bank’s $150 million issuance, and Emirates NBD’s AED 1 billion (≈$272 million) bond on Euroclear’s D‑FMI. These projects demonstrate faster settlement, reduced paperwork, and real‑time ownership records compared with traditional bonds. While regulatory frameworks and liquidity remain challenges, the region is poised for broader digital sukuk and ESG‑linked offerings.
Futu Holdings announced a cash dividend of 32.5 cents per ordinary share, equivalent to $2.60 per American depositary share, representing roughly $365 million in total payouts. The dividend will be paid to shareholders of record on April 16, with distribution expected around April 29....
Congressional insiders see a shift toward a second, possibly third, budget‑reconciliation bill as the House eyes new revenue sources, including making municipal bonds taxable. The effort must clear the Senate's Byrd Rule and stay within the Ways and Means Committee's revenue focus....

The Reserve Bank of India (RBI) has released a discussion paper proposing a mandatory 1‑hour hold on digital payments of ₹10,000 (≈ $120) or more across UPI, cards and net‑banking. For high‑value transfers of ₹50,000 (≈ $600) involving customers aged 70 or older,...

Australia’s anti‑money laundering and counter‑terrorism financing reforms will take effect in early 2026, prompting regulators and industry leaders to adopt a risk‑focused, outcomes‑based approach. AUSTRAC’s chief executive signaled a move away from tick‑box compliance toward substantive risk management, encouraging firms...

A merchant cash advance (MCA) is an alternative financing product that provides UK businesses with a lump‑sum cash injection, repaid as a fixed percentage of future card sales. Unlike traditional bank loans, MCAs require no collateral, do not affect credit...
Bond trustee UMB Bank NA has filed a lawsuit in Indiana seeking a court‑appointed receiver for two addiction‑treatment centers financed with $117 million of tax‑exempt municipal bonds. The suit targets Wisconsin’s Public Finance Authority (PFA) and three healthcare managers, alleging financial...

Treasury departments are abandoning desktop‑only tools in favor of mobile platforms that enable real‑time cash management. Bank of America reported its CashPro app now approves an average of $38,000 in payments every second, with usage up 20% year‑over‑year. The shift...

The Reserve Bank of India (RBI) has unveiled a discussion paper proposing several safeguards to curb the surge in digital payment frauds. Key measures include a one‑hour delay on account‑to‑account transfers above ₹10,000, a trusted‑person authentication for vulnerable users on...
Jefferies analyst Thomas Chong raised his price target on Kingsoft Cloud Holdings (NASDAQ:KC) to $19, up from $17, while keeping a Buy rating. The broker highlighted that the company’s Q4 revenue of RMB2.761 billion and non‑GAAP EBITDA beat expectations, and EPS...
Uzbekistan’s National Investment Fund (Uznif), a $2.4 bn vehicle created in 2024 and run by Franklin Templeton, confirmed plans to float on both the London and Tashkent stock exchanges. The fund holds stakes in key state‑owned assets such as Navoi Mining...

The Philippine Department of Budget and Management (DBM) projects up to PHP 25.6 billion (≈ $460 million) in savings by slashing non‑essential maintenance and other operating expenses (MOOE) from March to December 2026. The cuts, mandated by Circular 114 and Executive Order 110, are intended to...
Robertet Group reported 2025 revenue of €843.9 million (≈$912 million), a 4.5% year‑on‑year increase and 7.6% organic growth. EBITDA rose 10.9% to €174.1 million, lifting the margin to 20.6% of revenue, up 120 basis points. The board proposed a €12 per‑share dividend (≈$13),...

Advisers with a December 31 fiscal year have met the March 31 deadline for filing their annual Form ADV amendment. The next compliance step is the April 30 delivery obligation, which requires sending an updated Form ADV Part 2A brochure—or a summary of material changes with...

Canoe Intelligence and Bloomberg have launched a certified integration that automates the delivery of private‑fund data into Bloomberg PORT Enterprise. The solution extracts, normalizes and loads cash flows, positions and holdings using FIGI identifiers via secure FTP, eliminating manual entry....
![TMA Chicago/Midwest Podcast Hosted by Paul Musser | Sandeep Gupta on Middle Market Restructurings and Investigations [Podcast]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://natlawreview.com/sites/default/files/styles/article_image/public/2026-04/Restructuring%20Bankruptcy%20Business%20Corporate%20Downsizing-15769127.jpg.webp?itok=wFwtLeFG)
Sandeep Gupta, founder of Novo Advisors, discussed the firm’s focus on middle‑market restructuring, its rapid 30‑to‑45‑day turnaround playbook, and the launch of a forensic and dispute advisory line. He explained how Novo works with both family‑owned and private‑equity‑backed companies, emphasizing...

A JB Capital study estimates the EuroLeague ecosystem at €3.2 billion (about $3.5 billion), with the league itself worth roughly €1.41 billion ($1.54 billion) and its licensed clubs collectively valued at €1.8 billion ($1.96 billion). The analysis projects that converting temporary licenses to permanent franchise rights...

The Reserve Bank of India issued a prudential circular on March 27 requiring banks to cap their net open position in INR at $100 million, with compliance due by April 10. In response, banks have unwound roughly 90 percent of the estimated $18‑30 billion...

Hong Kong's government plans to raise its borrowing ceiling for the Sustainable and Infrastructure Bond programmes from HK$700 billion to HK$900 billion (approximately US$115 billion). The increase is intended to fund major infrastructure projects, notably the Northern Metropolis megaproject, over the next two...
Euronext is hiring a Finance Controller Trainee for its COO FP&A team in Porto. The role will support financial oversight of IT and market securities, handling reporting, budgeting, KPI development and cost‑optimization projects. Candidates must demonstrate strong Excel, analytical and...
Nuveen predicts the sustainable bond market will shift toward more granular, outcome‑focused structures such as “blue,” “orange,” and other outcomes‑based bonds. By segmenting issuances with clearer environmental or social objectives, issuers aim to attract a wider pool of investors seeking...
Tata Consultancy Services reported a 0.5% year‑on‑year decline in dollar revenue for FY26, slipping to $30.0 billion – the first drop in its history. In constant‑currency terms revenue fell 2.4%, even as rupee‑denominated sales rose 5.4% quarter‑on‑quarter and 4.6% year‑on‑year. The...
India’s securities regulator SEBI has cleared the Bombay Stock Exchange to launch futures and options on its newly created BSE Focused IT Index. The index, comprising 14 BSE‑500 IT companies, has posted a –24% return from January to March 2026,...
European insurance regulators are urging the EU to establish a disaster fund of between €10 billion and €65 billion to cover natural and climate‑related catastrophes. The pool would be financed by contributions from insurers, with possible EU budget support, and would act...

Japan's Financial Services Agency is launching an inquiry into domestic banks' exposure to private‑debt lending, amid mounting worries about U.S. private credit fund redemptions. The probe focuses on whether loans to asset managers that run these opaque funds have become...
Nvidia disclosed a strategic stake in SiFive, the RISC‑V processor startup, as part of a $400 million oversubscribed financing round that values SiFive at $3.65 billion. The new capital will accelerate SiFive’s development of custom RISC‑V CPUs and AI IP aimed at...

FirstRand, the South‑African owner of MotoNovo, announced it will exit the UK motor‑finance market after the Financial Conduct Authority’s car‑loans redress scheme forced a provision of £750 million (≈$945 million), far exceeding the division’s decade‑long profit of £275 million (≈$346 million). The FCA scheme...

Strategy, the enterprise‑software firm formerly known as MicroStrategy, touts a $1.7 billion Bitcoin gain for 2024, yet its SEC filing reveals a $14.46 billion unrealized loss on the same holdings. The company now owns roughly 767,000 BTC at an average cost of...

Capri Global Capital announced a ₹500 crore non‑convertible debenture (NCD) issuance, comprising a ₹100 crore base issue and a ₹400 crore green‑shoe option. The NCDs offer tenures of 24, 36, 60 and 120 months with coupons up to 9.5% per annum and will...

KLB Business Valuations & Forensic Accountants announced a merger with EisnerAmper, a firm backed by private‑equity sponsor TowerBrook. The transaction is expected to close in May 2026, subject to customary approvals. The combined entity will integrate KLB’s valuation expertise with...
Marc Staut, CTO of Boomer Consulting, warns that generative AI is reshaping accounting firms faster than traditional governance can keep pace. He highlights real risks such as data leakage and hallucinated outputs that can compromise client confidentiality and work quality....

At the Energy Storage Summit 2026 in London, a panel of industry leaders examined the outlook for battery‑energy‑storage‑system (BESS) capital expenditures this year. The discussion focused on how regulatory changes, supply‑chain constraints and market dynamics are driving cost pressures on...
GAIL (India) announced it will raise between ₹5,000 crore and ₹6,000 crore (approximately $539‑$647 million) in fiscal 2027 to fund expansion projects, chiefly to boost utilization at its Dabhol LNG import terminal. The company has also secured three spot LNG cargoes to offset...
Kevin Bueso, newly appointed CFO of Oak Park, Illinois, discusses the tightening fiscal margins facing local governments and the need for smarter, technology‑driven finance. He warns that rising costs, aging infrastructure, and pension pressures are creating structural deficits across municipalities. Bueso...
Public accounting’s century‑old LUMBR scorecard—leverage, utilization, margin, billing rate and realization—was built for a linear, hour‑based model. Today, automation, AI, talent scarcity and client demand for insight render those metrics insufficient. The article proposes a new scorecard centered on value...

Bernstein reiterates Outperform ratings on Aptus Value Housing Finance and Aadhar Housing Finance. Aptus posted 25% YoY EPS growth, a 7.3‑7.4% return on assets and aims for ₹25,000 cr (≈$3.0 bn) AUM by FY29 while planning 60‑70 new branches. Aadhar’s AUM rose...

The latest side‑letter trends show limited partners (LPs) in the Asia‑Pacific region increasing allocations to diversify away from traditional European and North American exposures. Tiered‑carry provisions are creating friction in continuation fund deals, as managers and LPs clash over performance...

Nearly half of private‑equity funds that closed in Q1 2026 met their fundraising targets, the highest proportion in at least five years. The 48% hit rate signals a rebound after a period of subdued capital raising driven by higher rates...

CoreWeave is issuing $1.25 billion of junk‑bond notes due 2031 after expanding its AI compute agreement with Meta Platforms. The private placement will fund general corporate purposes and refinance existing debt. The move highlights CoreWeave’s confidence in scaling AI‑focused cloud services...

Stone Ridge Asset Management reported that assets under management across its mutual catastrophe bond, insurance‑linked securities (ILS) and reinsurance fund strategies have climbed to roughly $6.5 billion, the highest level since late 2018. The High‑Yield Reinsurance Risk Premium Fund grew to...

Francisco Partners agreed to take private Blackline Safety Corp for up to $850 million, a 34% premium to its Toronto closing price. Blackline, a maker of wearable gas‑detection devices and cloud‑connected analytics, has logged more than eight million emergency alerts. Agilitas...
A Coupa‑commissioned survey of 600 CFOs across eight countries shows AI investment has vaulted to the second‑most important strategic priority for 2026, trailing only supplier relationship building. CFOs cite AI as a driver of profitability, growth, and risk mitigation, while...
City Developments Ltd (CDL) announced a S$2 billion (~$1.48 billion USD) multicurrency perpetual securities issuance programme. The net proceeds will fund general working capital, corporate funding for CDL and its subsidiaries, and refinance existing borrowings. The perpetual securities carry no fixed maturity,...

U.S. banks are proceeding cautiously with stablecoins despite the market swelling past $300 billion, according to S&P Global. Only 7% of smaller institutions are developing frameworks and none are running pilots, highlighting a wait‑and‑see posture. Larger banks may explore issuing tokenized...

India’s public broadcaster Prasar Bharati’s OTT platform WAVES posted a Rs 435.69 million (≈ $5.3 million) loss in FY 24‑25, with revenue of only Rs 2.90 crore (≈ $350 k). The service boasts 13,608 titles, 10 lakh users and extensive live‑event coverage, but its subscription flow requires an external website, creating...

GridStor and Swiss utility Axpo have executed a revenue‑swap agreement for the 220 MW/440 MWh Hidden Lakes battery‑energy‑storage system in Galveston County, Texas. The swap converts volatile merchant market revenue into a fixed, guaranteed payment, allowing GridStor to de‑risk its investment while...
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Account reconciliation matches internal financial records with external statements such as bank, vendor, or credit‑card documents, exposing discrepancies before they cause larger issues. The process involves gathering source documents, comparing entries, investigating variances, and documenting corrections. It applies to both...
NowVertical Group reported FY 2025 revenue of $37.3 million, a 5% decline from the prior year, driven by Argentine peso devaluation and weaker reseller sales. Q4 2025 revenue fell 11% to $9.7 million, while gross margin modestly improved to 53%. The company’s top 30...
Northern Technologies International Corp. (NTIC) posted a record second‑quarter fiscal 2026 net sales of $21.997 million, up 15.3% year‑over‑year. ZERUST® oil‑and‑gas sales surged 72.1% to $2.666 million, while ZERUST® industrial and Natur‑Tec® lines also posted double‑digit growth. Operating income flipped to $383 k from...
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The payout ratio quantifies the share of a company’s earnings distributed as dividends, typically expressed as a percentage of net income or cash flow. It is calculated by dividing total dividends by net income, or dividends per share by earnings...