Nu Holdings Ltd. presents the financial results for the second quarter of 2022
SAO PAULO–(BUSINESS THREAD)–Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), (“Nu” or the “Company”), one of the world’s largest digital banking platforms, today released its financial results for the second quarter of 2022. The financial results s ‘expressed in US dollars and presented in accordance with International Financial Reporting Standards (IFRS). The full results release is available on the Company’s Investor Relations website at www.investors.nuas well as details of Nu’s earnings conference call today at 6:00 PM ET/7:00 PM BST. “We had another very strong quarter, with growth and profitability in our core business. We posted record revenue and are…
Read More »Arcellx provides business highlights and reports financial results for the second quarter of 2022
— Completed extended follow-on offering of common shares, increase 128.8 million dollars in gross proceeds, including full exercise of the underwriters’ option to purchase additional shares — – Presented robust and continued long-term responses from its Phase 1 CART-ddBCMA expansion trial being evaluated in patients with r/r MM at the 2022 ASCO Annual Meeting — – Preclinical results of CART-ddBCMA published in Cancer Molecular Therapeutics — REDWOOD CITY, California, August 15, 2022 /PRNewswire/ — Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell therapy by developing innovative immunotherapies for patients with cancer and other incurable diseases, today reported business highlights…
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Azadi of the financial sector
The 75th anniversary of India’s independence is a good time to look back and dream ahead. In the field of financial economic policy, 44 of these 75 years were a period with a very repressed financial system. As an example, the Capital Issues (Control) Act 1947 was the law applicable to stock markets. Under this law, the government decided which company could raise capital in the public market using which instrument and at what time. It also decided which people could buy these securities and at what prices. TO READ FULL STORY SUBSCRIBE NOW FOR ONLY RS 249 PER MONTH….
Read More »DA Davidson Acts as Financial Adviser to CNI Leader for Situational Awareness Sensor Pilot Systems on Sale to HEICO
IRVINE, Calif.–(BUSINESS THREAD)–DA Davidson & Co. announced today that it served as financial advisor to Sensor Systems, Inc. in its sale to HEICO Electronic Technologies Group, a division of HEICO Corporation (NYSE:HEI and NYSE:HEI.A). Sensor Systems, based in Chatsworth, California, is one of the world’s leading designers and manufacturers of airborne antennas for commercial and military applications. Recognized as the international standard for many of its antennas, Sensor Systems products include, but are not limited to, Aircraft Direction Finder (ADF), Altimeter, Elevation, Global Positioning System (GPS), Band L, marker beacon, satellite communications, total collision. avoidance system (TCAS), very high frequency…
Read More »ESG resources for technology and financial services companies
Two new hands-on guidance tools provide specific guidance and workflow tools ARLINGTON, Va., August 15, 2022 /PRNewswire/ — Bloomberg Law today announced two new practice guidance toolkits aimed at providing guidance on ESG issues applicable to companies in the technology and financial services sectors. The two new toolkits provide a broad overview of how technology and financial services companies may be exposed to risks and opportunities related to ESG issues, as well as more detailed checklists specifying which factors they should consider companies when preparing their ESG disclosures in accordance with Sustainability. Accounting Standards Board (SASB) standards, which are being…
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Washington is the problem of mortgage financing
It’s August and that means stupid and inexplicable things can happen in Washington, DC Around this time last year, the mortgage finance industry got the proverbial two-by-four in its face just as many were trying to leave for vacation. We sounded the first warning Institutional Risk Analyst a year ago: “Our friends at Ginnie Mae suddenly issued a request for public comment on a strange proposal for new eligibility standards for issuers that would crush many government lenders. The announcement came late Friday, which means Ginnie Mae buried the request on the website. In fact. , we’re hearing that Ginnie…
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King & Spalding adds financial services litigation partner Jamie Dycus in New York
NEW YORK, August 15, 2022 /PRNewswire/ — King & Spalding announced this partner today Jamie Dycus has joined the firm’s Trial and Global Disputes practice group at New York office Dycus represents financial institutions and other commercial clients in a variety of complex litigation, regulatory and enforcement matters. Jamie Dycus “Jamie is an intelligent, thoughtful lawyer and strategic thinker, whose extensive experience in the financial services industry aligns perfectly with our clients’ needs and our strategy to build a world-class financial services litigation practice a New York,” he said Andy Bayman, head of King & Spalding’s Trial and Global Disputes…
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BHG Financial certified by Fair Pay Workplace
DAVIE, Fla., August 15, 2022 /PRNewswire/ — BHG Financial (BHG), a leader in unsecured personal and business loans and creator of one of the nation’s largest networks of community banking products and loans, today announced additional steps in its commitment to ensure employees are fairly compensated sharing the company’s profits. Fair pay workplace certification (FPW). BHG Financial certified by Fair Pay Workplace With a mission to end illegal wage disparities based on gender, race, and ethnicity, FPW is leading the way toward fair and sustainable pay in the workplace. Created in 2020, FPW is the only non-profit certification program to…
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