Finance News and Headlines

Non-Banks See Opportunity in Physician Mortgage Niche
NewsApr 13, 2026

Non-Banks See Opportunity in Physician Mortgage Niche

Kroll Bond Rating Agency estimates that physician‑focused mortgages could generate about $5 billion of new loan volume each year for prime private‑label RMBS, a modest but meaningful slice of the jumbo market. Non‑bank lenders such as Gershman Mortgage, Certainty Home Lending...

By National Mortgage News
ECAT: Generous Dividend Is Hurting NAV
NewsApr 13, 2026

ECAT: Generous Dividend Is Hurting NAV

BlackRock ESG Capital Allocation Term Trust (ECAT) remains a Hold because its 22.1% yield is unsustainable, eroding net asset value (NAV). The fund pays out more than it earns, leaning on return of capital and realized gains to sustain distributions....

By Seeking Alpha – ETFs & Funds
Citi Is Stepping up Its Data Center Financing Push — and Aiming to Close the Gap with Wall Street Rivals
NewsApr 13, 2026

Citi Is Stepping up Its Data Center Financing Push — and Aiming to Close the Gap with Wall Street Rivals

Citi has launched a dedicated AI Infrastructure financing group to capture the $3 trillion data‑center build‑out projected through 2030. Since March 2025 the bank has arranged more than $75 billion of construction financing, supporting roughly 6.1 GW of IT capacity and a high‑profile...

By Business Insider — Markets
Best Nonprofit Budgeting Software for Finance Teams and Grant Management
NewsApr 13, 2026

Best Nonprofit Budgeting Software for Finance Teams and Grant Management

Nonprofit finance teams are abandoning spreadsheet‑driven budgeting as grant portfolios and multi‑departmental operations become more complex. Modern budgeting software delivers structured, collaborative planning, real‑time variance tracking, and audit‑ready reporting, addressing the limitations of manual spreadsheets. Vendors are judged on flexibility,...

By AiThority » Sales Enablement
Scaling the Back Office: When to Transition From DIY to Institutional Banking
NewsApr 13, 2026

Scaling the Back Office: When to Transition From DIY to Institutional Banking

Venture‑backed startups typically start with spreadsheets and basic checking accounts, but as ARR climbs into the low‑millions and headcount exceeds 30‑50 employees, manual finance becomes a bottleneck. The article argues that moving to a specialized venture‑banking partner provides growth‑capital loans,...

By Finance Monthly
S&P Dow Jones Launches New CDS Index Facilitating Bets Against Private Credit
NewsApr 13, 2026

S&P Dow Jones Launches New CDS Index Facilitating Bets Against Private Credit

S&P Dow Jones has launched a credit‑default‑swap (CDS) index that tracks a basket of private‑credit issuers, giving investors a standardized way to hedge or short exposure to the fast‑growing private debt market. The index, which aggregates roughly 30 mid‑market loan...

By Hedgeweek
Dynagas LNG: Mispricing Risk, Undervaluing Cash Flow
NewsApr 13, 2026

Dynagas LNG: Mispricing Risk, Undervaluing Cash Flow

Dynagas LNG Partners (DLNG) is trading at distressed levels because of its exposure to Russian sanctions and an aging LNG carrier fleet, yet its cash flow remains strong. The company has been actively deleveraging, redeeming $55 million of preferred stock and...

By Seeking Alpha — Site feed
Partners Group Eyes Gating Withdrawals as Private Credit Liquidity Pressures Build
NewsApr 13, 2026

Partners Group Eyes Gating Withdrawals as Private Credit Liquidity Pressures Build

Partners Group warned it could gate investor withdrawals if redemption requests exceed predefined thresholds, a move reflecting mounting liquidity stress in private credit markets. The Swiss‑listed manager oversees about $185 billion in assets and has seen its shares fall roughly 17%...

By Private Equity Wire
Spirit Airlines' Long Shot
NewsApr 13, 2026

Spirit Airlines' Long Shot

Spirit Airlines is emerging from its second bankruptcy with a plan to shrink its fleet to roughly 76‑80 aircraft, concentrate operations on four core markets, and introduce a larger premium cabin. The carrier previously rejected a Frontier merger and saw...

By Quartz – Work
PolyPeptide Draws Takeover Interest From EQT and KKR
NewsApr 13, 2026

PolyPeptide Draws Takeover Interest From EQT and KKR

Swiss contract development and manufacturing firm PolyPeptide Group AG is drawing acquisition interest from private equity giants EQT and KKR, with Advent International also evaluating a bid. The potential deal could involve billionaire controlling shareholder Frederik Paulsen Jr, easing transaction...

By Private Equity Wire
Nesto Raises €11m From Expedition to Scale AI Workforce Management for Restaurant Groups
NewsApr 13, 2026

Nesto Raises €11m From Expedition to Scale AI Workforce Management for Restaurant Groups

Karlsruhe‑based Nesto Software raised €11 million (≈$12 million) in growth equity from Expedition Growth Capital to accelerate its AI‑driven workforce‑management platform. The round, Nesto’s first institutional financing after bootstrapping to over €5 million ARR, will fund product development, sales expansion, and the evolution...

By The Next Web (TNW)
S&P Dow Jones Launches New CDS Index Facilitating Bets Against Private Credit
NewsApr 13, 2026

S&P Dow Jones Launches New CDS Index Facilitating Bets Against Private Credit

S&P Dow Jones Indices has introduced a credit‑default‑swap (CDS) index that gives investors direct exposure to the private‑credit market, allowing them to take bearish positions. The index, comprising 25 North American financial entities—including banks, insurers, REITs and business development companies...

By Private Equity Wire
WengAI Targets Hong Kong IPO After Confidential Filing
NewsApr 13, 2026

WengAI Targets Hong Kong IPO After Confidential Filing

Beijing‑registered Zhongke WengAI filed a confidential prospectus to list on the Hong Kong Stock Exchange, aiming to become the first AI company emerging from the Chinese Academy of Sciences ecosystem to go public. The firm, founded by three CAS scientists,...

By KrASIA
Why Sanctions Programs Must Move Beyond Name Matching
NewsApr 13, 2026

Why Sanctions Programs Must Move Beyond Name Matching

In 2026 compliance teams face a sharp trade‑off between speed and defensibility as real‑time payments and digital onboarding demand instant decisions. Alessa CEO Holly Sais‑Phillippi warns that reliance on simple name‑matching creates alert noise, high false‑positive rates, and blind spots...

By RegTech Analyst
6 Risk Controls Fintechs Should Use in Trading Apps
NewsApr 13, 2026

6 Risk Controls Fintechs Should Use in Trading Apps

The European Union is rolling out a new digital border system that replaces traditional passport stamps with biometric verification, aiming to streamline cross‑border travel. While the technology promises faster, paper‑less processing, the rollout has been hampered by long queues and...

By PaySpace Magazine
Nu Holdings: Doubling Down Despite U.S. Expansion Concerns
NewsApr 13, 2026

Nu Holdings: Doubling Down Despite U.S. Expansion Concerns

Nu Holdings (NU) continues to pursue aggressive growth in Latin America, leveraging its founder‑led, digital‑first model that delivers 45% FX‑neutral revenue growth and a 33% return on equity. The bank’s unit economics remain strong, with low‑cost customer acquisition and prudent...

By Seeking Alpha — Site feed
Malaysia Launches Push to Encourage Local Investors to Buy Stocks
NewsApr 13, 2026

Malaysia Launches Push to Encourage Local Investors to Buy Stocks

Malaysia's Securities Commission unveiled a five‑year Capital Market Masterplan targeting a market capitalization of $1.4‑$1.6 trillion by 2030, a 35‑47% rise from 2025 levels. The plan tackles weak equity valuations and low retail participation—currently only about a quarter of Malaysians invest...

By KrASIA
The Cloud Cost Squeeze Has Arrived: 88% of CFOs Report Rising Spend
NewsApr 13, 2026

The Cloud Cost Squeeze Has Arrived: 88% of CFOs Report Rising Spend

A new Azul survey of 300 U.S. CFOs reveals that 88% of organizations see cloud spending climb, with 66% elevating it to a board‑level concern. CFOs report that 10‑30% of their cloud budgets are wasted, highlighting a growing efficiency gap....

By ERP Today
HKEX Advances Index Ecosystem with Two Tech-Focused Benchmarks
NewsApr 13, 2026

HKEX Advances Index Ecosystem with Two Tech-Focused Benchmarks

Hong Kong Exchanges and Clearing (HKEX) unveiled two new technology‑focused benchmarks – the HKEX KRX Semiconductor Index and the HKEX Tech & US Tech 100 Index – marking its first co‑branded index with Korea Exchange. The semiconductor index blends Hong Kong‑listed semiconductor firms eligible for...

By HKEX — News Releases
System Integrator Guoxia’s Revenue and Profits Surge over 100% Amidst Shift to Utility-Scale
NewsApr 13, 2026

System Integrator Guoxia’s Revenue and Profits Surge over 100% Amidst Shift to Utility-Scale

Guoxia Technology (02655.HK) posted FY 2025 operating revenue of RMB 2.057 billion (≈$301 million), a 100.6% jump from the prior year, and net profit of RMB 103 million (≈$15 million), up 109.5%. The company’s revenue mix shifted dramatically toward utility‑scale storage, which now accounts for 76.6%...

By Energy Storage News
Cashfree Payments Appoints Sameer Gandhi as CFO
NewsApr 13, 2026

Cashfree Payments Appoints Sameer Gandhi as CFO

Cashfree Payments has named Sameer Gandhi as its chief financial officer, tapping more than two decades of experience from Visa India, Vodafone, and ING. Gandhi will steer the firm’s financial strategy toward higher operational efficiency and stronger revenue planning as...

By Entrackr
Fund Managers Seek Reporting Crackdown After Philippines Scandal
NewsApr 13, 2026

Fund Managers Seek Reporting Crackdown After Philippines Scandal

Fund managers, headed by BNP Paribas Asset Management and Robeco Institutional Asset Management, have urged the Philippine government to tighten reporting standards for state‑backed projects. The coalition of 11 fixed‑income investors sent a confidential letter to the Securities and Exchange...

By Bloomberg – Markets
Danske Bank Share Buy-Back Programme: Transactions in Week 15
NewsApr 13, 2026

Danske Bank Share Buy-Back Programme: Transactions in Week 15

Danske Bank launched a DKK 4.5 billion (~$630 million) share buy‑back on 5 February 2026, allowing the repurchase of up to 45 million shares through 29 January 2027. In week 15 the bank bought back 1.04 million shares for DKK 331 million (~$46 million), bringing the programme total to 2.64 million shares, or 0.316 %...

By The Manila Times – Business
China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi
NewsApr 13, 2026

China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi

Beijing's No. 1 Intermediate People’s Court ordered the liquidation of Zhongzhi Enterprise Group Co. and more than 300 affiliated firms, marking a decisive move against one of China’s biggest shadow‑banking conglomerates. Creditors have until June 10 to file claims with the appointed...

By Bloomberg – Markets
Louisiana Citizens Seeks $150m Named Storm Reinsurance with Bayou Re 2026-1 Cat Bond
NewsApr 13, 2026

Louisiana Citizens Seeks $150m Named Storm Reinsurance with Bayou Re 2026-1 Cat Bond

Louisiana Citizens Property Insurance Corporation, the state’s non‑profit insurer for high‑risk homeowners, is issuing a $150 million Class A tranche cat bond through Bayou Re Ltd. Series 2026‑1. The deal, its twelfth cat‑bond sponsorship and seventh consecutive year of new issuances, will replace...

By Artemis (ILS/cat bonds)
Private Credit Warning Signs Are Emerging Beneath the Surface, Says TD’s Uk-Sun Kim
NewsApr 13, 2026

Private Credit Warning Signs Are Emerging Beneath the Surface, Says TD’s Uk-Sun Kim

Private credit’s rapid expansion, especially through semi‑liquid funds, is prompting advisors to look beyond headline yields. TD’s Uk‑Sun Kim warns that opaque valuations, rising PIK interest and asset sales tied to redemption windows signal growing liquidity stress. He highlights a...

By Wealth Professional Canada – ETFs
China’s TCL Is Said to Consider Stake Sale in India TV Business
NewsApr 13, 2026

China’s TCL Is Said to Consider Stake Sale in India TV Business

TCL Electronics Holdings Ltd. is exploring a sale of a stake in its Indian TV manufacturing unit, targeting at least $200 million from local investors. The move mirrors a recent transaction by fellow Chinese maker Haier, which sold 49% of its...

By The Hindu Business Line
Round Raises $6M to Automate the Finance Workflows that Still Require a Human to Press a Button
NewsApr 13, 2026

Round Raises $6M to Automate the Finance Workflows that Still Require a Human to Press a Button

London fintech Round announced a $6 million seed round led by Alstin Capital, with participation from Backed VC, Love Ventures, and several angel investors including Indeed co‑founder Paul Forster. The funding backs the launch of two new products—a natural‑language Agentic Workflow Builder and an...

By The Next Web (TNW)
People’s Trust Enters Catastrophe Bond Market for Debut $100m GWS Re Named Storm Deal
NewsApr 13, 2026

People’s Trust Enters Catastrophe Bond Market for Debut $100m GWS Re Named Storm Deal

People’s Trust Insurance Company, a Florida homeowner specialist, has entered the catastrophe bond market with its inaugural $100 million GWS Re Limited Series 2026‑1 issuance. The Bermuda‑based structure will issue a Class A tranche that provides fully‑collateralized named‑storm reinsurance for three years, beginning...

By Artemis (ILS/cat bonds)
Diverging Paths: How Capital Markets Are Repricing Sports Technology Segments
NewsApr 13, 2026

Diverging Paths: How Capital Markets Are Repricing Sports Technology Segments

Over the past five years sports technology has become core infrastructure, but public markets are now valuing its sub‑segments differently. The TSC SPIN 100 shows Technology & Digital Innovation delivering 215% total return and 96% year‑over‑year growth, while Data, Analytics &...

By SportsPro Media
Women of Influence: Healthcare 2026 – Anita Chou
NewsApr 13, 2026

Women of Influence: Healthcare 2026 – Anita Chou

Anita Chou was appointed finance officer for Adventist Health’s Southern California network in January 2026, becoming the first woman to hold the role across its four hospitals. With more than 25 years of experience, she now oversees financial strategy, operational...

By Los Angeles Business Journal
Payments Firm Wise Heads to New York With £181 Billion Year Behind It
NewsApr 13, 2026

Payments Firm Wise Heads to New York With £181 Billion Year Behind It

Wise reported a 26% jump in Q4 FY2026 cross‑border volumes to £49.4 billion (about $63 billion) and a 25% rise for the full year to £181.7 billion (≈$233 billion). Active customers grew 22% to 11.3 million and underlying income rose 24% to £435.3 million (≈$557 million). The...

By Finance Magnates Fintech
The Weekly Roundup: Audit Scrutiny, Digital Deadlines & Dealmaking
NewsApr 13, 2026

The Weekly Roundup: Audit Scrutiny, Digital Deadlines & Dealmaking

The UK accounting sector is under heightened regulatory pressure as the Financial Reporting Council opened an audit investigation into PwC’s work for Digital 9 Infrastructure, signaling tougher scrutiny of public‑interest audits. ICAS responded to the chronic auditor shortage by fast‑tracking overseas...

By Accountancy Age
Can Retail Food Group Sustain Its Turnaround?
NewsApr 13, 2026

Can Retail Food Group Sustain Its Turnaround?

Retail Food Group (RFG) has emerged from years of franchise disputes, ACCC scrutiny and a heavy debt load through a balance‑sheet recapitalisation and brand‑portfolio reshuffle. Under turnaround chief Peter George, the company cut debt, settled disputes and refocused on six...

By Inside Retail Australia
US Tax Deadline 2026: Net Investment Income Tax (NIIT) Explained for Investors
NewsApr 13, 2026

US Tax Deadline 2026: Net Investment Income Tax (NIIT) Explained for Investors

The Net Investment Income Tax (NIIT) is a 3.8% federal surtax on passive income that kicks in when a taxpayer’s modified adjusted gross income exceeds $200,000 for singles or $250,000 for married couples filing jointly. With the April 15, 2026...

By Finance Monthly
India Unveils New Security Standards for Its Digital Payments System to Drive Global Adoption
NewsApr 13, 2026

India Unveils New Security Standards for Its Digital Payments System to Drive Global Adoption

India’s Bureau of Indian Standards (BIS) has rolled out new security norms covering biometric authentication, QR‑code payments, and digital‑currency handling. The guidelines aim to curb fraud, improve interoperability, and build consumer confidence in the country’s fast‑growing fintech ecosystem. BIS consulted...

By Mint (India) – Economy
Michael Burry Bets Against Nvidia as Jensen Huang Claims AGI
NewsApr 13, 2026

Michael Burry Bets Against Nvidia as Jensen Huang Claims AGI

Michael Burry has taken a bearish stance on Nvidia by buying long‑dated put options, warning that the stock’s trillion‑dollar valuation may be unsustainable. At the same time, CEO Jensen Huang told a podcast that artificial general intelligence could already be...

By Finance Monthly
UK Fintech Wise to Downgrade London Listing This Quarter
NewsApr 13, 2026

UK Fintech Wise to Downgrade London Listing This Quarter

Wise confirmed it will move its primary listing from London to the United States this quarter, publishing its next‑year results in dollars. The fintech reported a 26% jump in cross‑border volumes to roughly $63.5 bn and a 22% rise in active...

By City A.M. — Economics
Hexagon To Expand Into NDT with Waygate Technologies Acquisition
NewsApr 13, 2026

Hexagon To Expand Into NDT with Waygate Technologies Acquisition

Hexagon AB signed a definitive agreement to acquire Waygate Technologies for roughly $1.45 billion, adding non‑destructive testing (NDT) capabilities to its Manufacturing Intelligence (MI) business. Waygate, a German‑based NDT leader with about $630 million in annual revenue and 1,500 employees across 25...

By Metrology News
MPB Builds £160m Pipeline as Public Sector Pivot Pays Off
NewsApr 13, 2026

MPB Builds £160m Pipeline as Public Sector Pivot Pays Off

MPB Structures has pivoted sharply toward public‑sector and infrastructure work, driving a £160 million (≈$205 million) order book that is now 65% government‑backed. Turnover slipped to £106 million (≈$136 million) but pre‑tax profit held at £4.1 million, lifting margins to 3.9%. Cash on hand more...

By Construction Enquirer
Dalaroo Lists on OTCQB Market to Meet US Greenland Rare Earths Demand
NewsApr 13, 2026

Dalaroo Lists on OTCQB Market to Meet US Greenland Rare Earths Demand

Dalaroo Metals secured a secondary quotation on the OTCQB market under the ticker DALMF, creating a non‑dilutive U.S. trading platform for its shares. The listing lets North American investors buy and sell in dollars during local market hours without adding...

By Sydney Morning Herald – Business
How to Invest in Asian Markets – No Longer Just ‘Emerging’
NewsApr 13, 2026

How to Invest in Asian Markets – No Longer Just ‘Emerging’

Asian equities are no longer just “emerging” markets; China, South Korea and Taiwan now dominate the MSCI Asia ex‑Japan index, accounting for over 75% of its weight and more than 60% of the broader MSCI Emerging Markets basket. The region’s...

By MoneyWeek – All
Beetaloo Locks in $66.3M to Fast-Track to First NT Gas
NewsApr 13, 2026

Beetaloo Locks in $66.3M to Fast-Track to First NT Gas

Beetaloo Energy Australia secured a A$66.3 million (≈US$44 million) capital raise and expanded its A$45 million (≈US$30 million) mid‑stream facility, positioning the company to deliver its first pilot gas from the Carpentaria project by Q4 2026. A follow‑on share plan targets an additional A$5 million (≈US$3 million)...

By Sydney Morning Herald – Business
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
NewsApr 13, 2026

Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model

Alternative investment managers poured record capital into reinsurance, pushing catastrophe‑bond allocations to $136 billion in 2025, an 18% increase. The surge also expanded sidecar vehicles to $18 billion, tripling their size since 2023, while traditional reinsurers’ share of catastrophe losses fell to...

By Insurance Journal
Wildfire Explosion Leads to Higher Financing Costs for Vulnerable Cities
NewsApr 13, 2026

Wildfire Explosion Leads to Higher Financing Costs for Vulnerable Cities

A University of Iowa study finds that municipalities with high wildfire risk pay about 0.36% more on municipal bonds, translating to roughly $4 billion in extra taxpayer costs between 2000 and 2022. The premium, roughly two‑thirds of the sea‑level‑rise bond premium,...

By Claims Journal
WPP Reportedly Explores Sale of PR Arm Burson
NewsApr 13, 2026

WPP Reportedly Explores Sale of PR Arm Burson

WPP has hired Goldman Sachs to evaluate a sale of its public‑relations unit Burson, the agency created in 2024 from the merger of BCW and Hill & Knowlton. Burson reported a 6% revenue decline for the full year 2025 and now employs...

By Marketing-Interactive
EML Payments Slashes FY26 EBITDA Guidance by 20% on Implementation Delays and Weak Trading
NewsApr 13, 2026

EML Payments Slashes FY26 EBITDA Guidance by 20% on Implementation Delays and Weak Trading

EML Payments trimmed its FY26 underlying EBITDA outlook by roughly 20%, now forecasting $31‑33 million USD (previously $38‑40 million USD). The downgrade stems from delayed program go‑lives and weaker‑than‑expected trading in its northern‑hemisphere operations. Despite the revenue shortfall, the company says operating...

By Small Caps Mining
OneWeb UK Ups Revenue in 2025
NewsApr 13, 2026

OneWeb UK Ups Revenue in 2025

OneWeb Holdings UK, the London arm of Eutelsat, posted a 44.5% jump in revenue to $186 million for the year ending June 2025. Staff costs were cut by a third, falling to $82.8 million, while the operating loss shrank 66% to $456 million. Eutelsat...

By Advanced Television
Japan’s Benchmark Bond Yield Jumps to 29-Year High as US-Iran Talks Collapse
NewsApr 13, 2026

Japan’s Benchmark Bond Yield Jumps to 29-Year High as US-Iran Talks Collapse

Japan’s benchmark 10‑year government bond yield jumped 5.5 basis points to 2.49%, the highest level since June 1997, as the collapse of U.S.–Iran peace talks sent oil prices soaring. The five‑year yield also hit a record 1.90%, reflecting heightened inflation...

By The Hindu Business Line — Markets