IPO Market Continues Strong Performance Despite Ackman’s Abandoned Plans
Corporate finance experts say that going public is still attractive this summer, but this sentiment doesn’t extend to a billionaire hedge fund manager’s recent IPO attempt. By late July, several companies looking to go public were presenting a much different…
Top Treasury and Cash Management Providers in Latin America for 2024
Forecasts from the US Federal Reserve suggest only a minor interest rate cut this year, which could significantly impact how US-based corporations with subsidiaries in Latin America handle their liquidity. While nearshoring has benefitted Mexico and the overall outlook remains…
Top Treasury and Cash Management Providers in Africa for 2024
African banks are working to enhance client access to real-time data and improve control over cash management. However, companies face significant challenges, including a fragmented regulatory environment, limited financial services access, shallow liquidity, and currency restrictions in some markets. These…
African Energy Bank’s Launch Faces Delays Due to Funding Issues
African oil-producing countries, under the African Petroleum Producers Organization (APPO), have established the African Energy Bank (AEB) with an initial capitalization of $5 billion. This new institution aims to address the funding shortfall in African energy projects amidst a decline…
Accounting Firms Explore Innovative Financing Strategies for Growth
Mid-tier accounting firms are seeking new approaches to finance their growth. In November, the US accounting firm Forvis acquired the US operations of the French firm Mazars to strengthen its audit and advisory capabilities. Earlier, BDO implemented an employee stock…
SEC Considers New Stock Exchange Proposal for Texas
Regional and specialized stock exchanges are gaining traction as demand for niche products and market locations increases. The belief that these exchanges can offer specialized expertise in particular sectors or regions is driving their growth. This trend is evident worldwide….
Facing looming 5G spectrum financing and rock-bottom data prices, Vodafone gets creative with alternative funding options.
Several Indian companies and multinational subsidiaries operating in India are gearing up for IPOs in the coming months, driven by the need to fund infrastructure projects amid India’s ongoing infrastructure boom. Vodafone Idea (Vi), the third-largest telecom services provider in…
RBI Taps Into Instant Payment Systems Project Nexus
The Reserve Bank of India (RBI) has joined Project Nexus, an initiative set to develop a multilateral cross-border instant payment system (IPS) by 2026. Launched in 2022 by the Bank for International Settlements (BIS), Project Nexus represents the BIS’s first…
Cybersecurity: A key focus for North American Banks
In the first half of the year, North American banking executives allocated more funds to cybersecurity than to artificial intelligence (AI). Recruiting skilled talent remains a significant challenge in both fields. These insights are highlighted in the second edition of…