15 h. ago Murdaugh accomplice pleads guilty to wire, bank fraud in South Carolina

CHARLESTON, S.C. — The banker accused of helping disgraced former South Carolina attorney Alex Murdaugh hide millions of stolen funds pleaded guilty Friday to federal bank and wire fraud charges. Russell L. Laffitte, 54, entered the plea after convictions on the same charges were overturned by an appeals court last year. Laffitte was one of […]

Transport

49 h. ago CIBC Innovation Banking Provides Funding to Traction Complete

VANCOUVER, British Columbia — CIBC Innovation Banking announced today that it has provided a debt financing facility to Vancouver-based Traction Complete. Traction Complete’s suite of Revenue Operations Data Management apps is designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies. Founded in 2019 when it spun […]

Other

7 d. ago Musk Buyouts Poised to Hit US’s $400 Billion Green Energy Bank

The Energy Department’s $400 billion green bank and clean energy funding office are set to be among the hardest hit in a second round of voluntary employee buyouts as part of Elon Musk’s effort to cull the size of the federal government, according to people familiar with the matter.

Economics

1 week ago BOE Warns Risk of ‘Further Sharp Corrections’ in Markets Is High

The Bank of England said hedge funds have faced “significant” margin calls from their prime brokers as they navigated extreme market volatility in the aftermath of US President Donald Trump’s tariff announcements and warned that the risk of “further sharp corrections” in markets remains high.

Other

1 week ago Australia Treasurer Calls Emergency Meeting on Trump Tariffs

Treasurer Jim Chalmers will meet with Australia’s top economic figures in the face of growing global uncertainty sparked by US President Donald Trump’s reciprocal tariffs regime. This follows similar meetings late Tuesday with the heads of Australia’s big banks and super funds.

Economics

2 w. ago South Africa Targets Development Finance Giants for Funds to Revive Cities

South Africa, already counting on a $1 billion loan from the World Bank to regenerate its rundown cities, is seeking funding from some top global development-finance institutions to help with the revival.

Sport

2 w. ago Hungary’s Orban Spooks Investors Again by Micromanaging Economy

Hungarian Prime Minister Viktor Orban’s cabinet is once again unnerving investors by intervening in swathes of the economy from banking to fund management before next year’s elections.

Other

3 w. ago Mulvihill Canadian Bank Enhanced Yield ETF Announces Year End Results

TORONTO, March 28, 2025 (GLOBE NEWSWIRE) — (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2024. Increase in net assets attributable to holders of units amounted to $27.25 million or $2.00 per unit. As at December 31, 2024, net assets attributable to holders […]

Other

4 w. ago World Bank May Drop Ban on Funding Nuclear Power, President Says

The head of the World Bank said he asked the lender’s board to reverse its long-standing policy against funding nuclear power projects, saying the technology offers a green option for poor countries.

Science