CSA proposes hold-period exemption for institutional buyers, reviews issuer rules

Egypt’s banking sector is entering a new phase of digital competition, as incumbent lenders prepare standalone digital platforms designed to reach a larger, younger and increasingly connected customer base.  The shift follows several years of rapid fintech growth, during which digital payments, lending platforms and embedded financial services have helped extend access beyond traditional banking channels.  Now,…

“As our business continues to grow and evolve, investing in strong leadership remains a priority,” said Marchand. “Lior’s experience, perspective, and passion for the advisor business will be invaluable as we continue enhancing the experience we deliver to advisors and clients.” A broader leadership realignment The appointment is part of a wider restructuring of Manulife…

A lease from Los Angeles-based Capital Group brought 345 Park Avenue to full occupancy, a year on from a tragedy at the building that shook the real estate industry. The global investment management firm signed a lease for 70,000 square feet at the Midtown office tower, the Commercial Observer reported. Capital Group will occupy the…

Abu Dhabi Islamic Bank (ADIB) has built a comprehensive environmental, social and governance (ESG) framework in Middle Eastern Islamic banking: a Shariah-compliant sustainable finance programme that is publicly committed, formally governed and increasingly embedded across its business lines. The headline commitment is AED60 billion in sustainable finance by 2030. By the end of 2025, ADIB…

Afin Bank has launched a regulated bridging proposition lending up to 80% loan to value (LTV) gross, designed for borrowers with time-critical funding needs. It is aimed towards borrowers who need funds for instances like a purchase before a sale or a delay in sales. John Smith (pictured), head of bridging at Afin Bank,…

Andrew Lo, chief executive officer at Embark, framed the challenge plainly. “This data shows Canadians are already rethinking the path,” he said. “More parents than ever see trades and apprenticeships as a smart, viable route to a great career, right alongside university. We’re focused on making sure families can save for whichever path their child…