Financial services
Ecobank Transnational Incorporated's (ETI) outlook has been upgraded from 'negative' to 'stable' by Moody's Ratings, affirming the group's B3 long- and short-term issuer ratings, B3 senior unsecured debt rating, B2 notional Baseline Credit Assessment (BCA), and b1 Adjusted BCA. This
Financial services
Brompton Wellington Square AAA CLO ETF has announced distribution payments to its unitholders. According to the press release, the distributions will be paid on August 15, 2025, to those who hold unitholders of record at the close of business on July 31, 2025. The distributions are as follows: Cdn$0.
Financial services
Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, announced the launch of the JPX ETF, providing investors with amplified 2X daily exposure to the performance of JPMorgan Chase & Co. (JPM). The ETF seeks to deliver daily investment results, before fees and expenses, of 200% of the daily
Financial services
OneDigital, a leading insurance brokerage, has formed a strategic partnership with the New Jersey Orthopaedic Society (NJOS) to provide risk management and financial strategies to NJOS members. This partnership brings exclusive benefits to NJOS members, including MPL insurance discounts, access to a group purchasing organization (GPO) for medical devices, and
Financial services
Australian Securities and Investments Commission (ASIC) has taken measures to prevent two former financial advisers, Rocco D'Amelio and Robert Crossing, from engaging in financial services activities for an extended period. The warning stems from the advisers' actions, which involved providing high-risk investment advice to clients, resulting in
Financial services
The partnership between FairPlay and Taktile enables lenders to integrate FairPlay's model testing, optimization, and validation tools directly into Taktile's decision logic, enhancing transparency, audit readiness, and performance across the credit lifecycle. As financial institutions continue to adopt machine learning and automation in credit decisions, the
Financial services
Beltone Securitization, a leading player in the financial services sector, has made public an update regarding the credit ratings of its second issuance tranches. This move is a critical aspect of its efforts to maintain transparency and compliance in the financial markets. The company has made this information available to
Financial services
Canada is at a crossroads in its pursuit of sovereignty, and the proposed acquisition of WonderFi Technologies Inc. by Robinhood Markets Inc. is a prime example of the challenges we face. The deal, which would give Robinhood control of two of Canada's largest regulated crypto exchanges and over
Financial services
The European Securities and Markets Authority (ESMA) has cautioned Crypto-Asset Service Providers (CASPs) against creating confusion between regulated and unregulated services. ESMA emphasizes the importance of acting professionally, fairly, and in the best interests of clients when offering both regulated and unregulated services under the Markets in Crypto-Assets Act (MiCA)
Financial services
US banks are slowly embracing cryptocurrencies, after years of caution, thanks in part to President Donald Trump's support for digital assets and recent regulatory changes in Washington. The move is a significant shift, with some banks now opting to provide banking services to cryptocurrency exchanges and even lending
Financial services
The Financial Institutions Supervisory Authority (NAMFISA) is preparing to host the fourth edition of FinTech Square, a premier platform designed to stimulate innovation and investment in Namibia's non-bank financial services sector. The event, scheduled for August 7-8 in Windhoek, aims to foster growth and accelerate digital transformation across
Financial services
Financial planning is not just about crunching numbers; it offers various career paths that cater to different personalities, goals, and skill sets. The Certified Financial Planner Board (CFP Board) highlights several common paths in the financial planning profession, each with unique roles and responsibilities. Aspiring financial planners can consider the
