Latest news with #financial services
Bloomberg
21 hours ago
- Business
- Bloomberg
HSBC Did $54 Billion in Sustainable Finance Deals in First Half
HSBC Holdings Plc said it did $54.1 billion in deals it categorized as sustainable finance in the first half of 2025, marking a 19% increase from the same period a year ago by Europe's biggest bank. The dealmaking, announced in connection with HSBC's interim results on Wednesday, means the bank has now provided $447.7 billion in sustainable finance since the beginning of 2020 through loans, underwriting services and investments, compared with a 2030 goal of between $750 billion and $1 trillion, it said.
Associated Press
2 days ago
- Business
- Associated Press
Apex Group Unveils Apex Digital 3.0: The First Global Asset Servicer to Bridge Traditional and On-Blockchain Finance Markets at Scale
Hamilton, Bermuda--(Newsfile Corp. - July 29, 2025) - Apex Group Ltd. ('the Group'), the leading global financial services provider, today announces the launch of Apex Digital 3.0, a globally digital infrastructure that will empower the financial ecosystem for the next era of fund distribution. Building on Apex Group's existing technology infrastructure, Apex Digital 3.0 enables clients to transition into digital and on-blockchain finance by unlocking access, enhancing liquidity and driving asset growth and higher returns. As an established global asset servicer, operating across 52 countries and servicing over $3.5 trillion in assets, Apex Group will focus on future proofing clients for the evolving digital asset landscape while ensuring compliance with the rapidly changing regulatory landscape. Apex Digital 3.0 will reshape asset servicing as we know it by enabling the transition from traditional to on-blockchain finance through a scalable, compliance-first, programmable infrastructure. In doing so, Apex Group can offer a compliant single-source, end-to-end solution for digitising assets across the complete investment lifecycle, with fully integrated blockchain capabilities. Apex Group is laying down the infrastructure rails for the investment ecosystem of the future, bringing together issuers, investors, aggregators and distributors. Its global relationships across the industry uniquely position the Group in connecting these stakeholders while creating a seamless client experience. Apex Group can represent traditional assets in digital form or create natively tokenised assets, enabling broader accessibility, fractionalisation and the democratisation of investment opportunities. This evolution enables asset managers to unlock new distribution channels, streamline operations and participate in the next era of programmable finance. The announcement is supported by recent acquisitions, such as tokenisation solutions provider Tokeny, as well three central new hires to the team: Daniel Coheur as Global Head of Digital Assets, Luc Falempin as Head of Product & Architecture for Apex Digital and Angie Walker as Head of Commercialisation for Apex Digital, three industry pioneers who have been at the forefront of the digital assets evolution since it began, and will be responsible for spearheading Apex Digital 3.0. The Group is also extending its established stablecoin services to offer a wide range of capabilities to stablecoin issuers on a modular basis, from manufacturing or minting, issuance and distribution to ongoing proof of reserve. This same capability and operating model will also be used to extend Apex Group's service offering to the issuers of tokenised money market funds. Bringing an operating model that can service these instruments 24/7 will be a key product enabler for stablecoin issuers as they drive for institutional adoption. Peter Hughes, Founder & CEO of Apex Group, added: 'Apex Digital 3.0 is a true milestone for our business, and the extensive financial ecosystem we serve today. Bringing forward investment management products in a format that will enable a new group of investors to have access to them will provide investors with a more diversified portfolio and better risk adjusted returns as well as more retirement security. We aim to enable institutional adoption of digital assets by ensuring that regulatory and compliance requirements are met across the globe and giving confidence to all investors that these new investment products bear a similar risk profile to traditional asset classes when structured institutionally. -ends- Notes to editors About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change. Newsroom Chantal Cantin Global Head of Communications - Apex Group [email protected] To view the source version of this press release, please visit
Yahoo
4 days ago
- Business
- Yahoo
CNH Industrial N.V. (CNH): A Bull Case Theory
We came across a bullish thesis on CNH Industrial N.V. on Monopolistic Investor's Substack by Antoni Nabzdyk. In this article, we will summarize the bulls' thesis on CNH. CNH Industrial N.V.'s share was trading at $13.21 as of July 24th. CNH's trailing and forward P/E were 16.51 and 22.03, respectively according to Yahoo Finance. CNH Industrial N.V. (CNH) designs, produces, and sells agricultural and construction equipment globally, supported by a financial services arm that offers retail and wholesale financing to customers and dealers. Its portfolio includes recognized brands like Case IH, New Holland, and CASE Construction Equipment, with a capital-intensive model that provides barriers to entry and a sticky dealer network of over 2,500 dealers in 6,000+ locations. Despite these structural advantages, CNH is struggling with severe top-line pressure; Q1 2025 revenue fell 21% year-over-year to $3.8 billion, with industrial net sales down 23%. Adjusted net income declined 86% to $132 million, and adjusted EPS fell 80%. Profit margins remain positive, with gross margins at 20.34% and net margins at 5.35%, but the company faces a heavy debt burden—$26.4 billion of total debt against just $1.4 billion of cash, resulting in a negative net cash position of nearly $25 billion—leaving it vulnerable to higher interest rates and limiting strategic flexibility. Market share is also under pressure; CNH holds just 10.2% versus Caterpillar's 33.3% and Deere's 26.5%. Investments remain focused on future growth, with $103 million in CapEx and $184 million in R&D during Q1, largely for new product and digital initiatives. However, persistent negative revenue growth undermines valuation: DCF scenarios suggest that shares are potentially overvalued by up to 73% if declines continue, though under moderate assumptions, they may be marginally undervalued. Capital allocation priorities emphasize organic growth, balance sheet repair, and shareholder returns, but near-term prospects appear challenged. Overall, CNH represents a structurally entrenched yet financially pressured player, with turnaround potential overshadowed by declining fundamentals and leverage concerns. Previously, we covered a on Oshkosh Corporation (NYSE:OSK) by wirsteve in December 2024, which highlighted the secured USPS contract and upcoming CES 2025 product innovations as key catalysts. The company's stock price has appreciated by approximately 36.22% since our coverage. This is because the USPS contract strengthened revenue visibility and investor confidence. The thesis still stands as growth drivers remain intact. Antoni Nabzdyk shares a similar view but emphasizes CNH's entrenched position facing margin pressure and leverage challenges. CNH Industrial N.V. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held CNH at the end of the first quarter which was 42 in the previous quarter. While we acknowledge the potential of CNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Grant Thornton expands Brisbane tax with new appointment
Grant Thornton has appointed Matthew Lane as a corporate tax partner at its Brisbane office in Australia. Lane brings more than 20 years of experience in corporate tax advisory, having worked in-house, as an external consultant, and at two Big Four professional services firms. Lane's specialist experience in the financial services industry includes leadership roles in the tax and finance teams of a 'large' Australian superannuation fund, the professional services provider said. His expertise spans superannuation, insurance, funds management, and banking. Additionally, Lane has knowledge of tax matters related to financing arrangements, thin capitalisation, capital management, global tax compliance, and tax governance reviews. Lane's proficiency extends to providing transactional tax support, including tax due diligence, restructuring, and both domestic and international tax structuring advice. He also offers other M&A advisory services, catering to a clientele, including corporate groups, investment funds, and high-net-worth family offices. Grant Thornton head of tax in Brisbane Tim Hands said: 'Matt's business acumen, alongside his broad tax and financial services industry expertise and ability to navigate complex tax landscapes is a welcome addition to our team and will complement our already extensive client service offering.' Grant Thornton partner of corporate tax Matthew Lane said: 'I am excited to be joining Grant Thornton's Brisbane tax team and bring my specialist experience to add value to clients. 'I am particularly passionate about financial services and the future of fintech so it's pleasing to be able to apply my experience in a corporate tax setting. There's so much potential for change and growth in the Brisbane Fintech market and I am eager to have the opportunity to see the industry change and grow.' Last week, Grant Thornton UK collaborated with Teesside University to launch a skills development initiative. The 'AI and Digital Skills for Business Impact' programme aims to enhance key competencies within businesses. It focuses on digital technologies, change management, business process modelling, data essentials, and AI for operational improvements. The programme, co-developed by professionals from Grant Thornton and Teesside University, supports employees across different levels of experience and career progression. "Grant Thornton expands Brisbane tax with new appointment " was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
5 days ago
- Business
- Yahoo
CNH Industrial N.V. (CNH): A Bull Case Theory
We came across a bullish thesis on CNH Industrial N.V. on Monopolistic Investor's Substack by Antoni Nabzdyk. In this article, we will summarize the bulls' thesis on CNH. CNH Industrial N.V.'s share was trading at $13.21 as of July 24th. CNH's trailing and forward P/E were 16.51 and 22.03, respectively according to Yahoo Finance. CNH Industrial N.V. (CNH) designs, produces, and sells agricultural and construction equipment globally, supported by a financial services arm that offers retail and wholesale financing to customers and dealers. Its portfolio includes recognized brands like Case IH, New Holland, and CASE Construction Equipment, with a capital-intensive model that provides barriers to entry and a sticky dealer network of over 2,500 dealers in 6,000+ locations. Despite these structural advantages, CNH is struggling with severe top-line pressure; Q1 2025 revenue fell 21% year-over-year to $3.8 billion, with industrial net sales down 23%. Adjusted net income declined 86% to $132 million, and adjusted EPS fell 80%. Profit margins remain positive, with gross margins at 20.34% and net margins at 5.35%, but the company faces a heavy debt burden—$26.4 billion of total debt against just $1.4 billion of cash, resulting in a negative net cash position of nearly $25 billion—leaving it vulnerable to higher interest rates and limiting strategic flexibility. Market share is also under pressure; CNH holds just 10.2% versus Caterpillar's 33.3% and Deere's 26.5%. Investments remain focused on future growth, with $103 million in CapEx and $184 million in R&D during Q1, largely for new product and digital initiatives. However, persistent negative revenue growth undermines valuation: DCF scenarios suggest that shares are potentially overvalued by up to 73% if declines continue, though under moderate assumptions, they may be marginally undervalued. Capital allocation priorities emphasize organic growth, balance sheet repair, and shareholder returns, but near-term prospects appear challenged. Overall, CNH represents a structurally entrenched yet financially pressured player, with turnaround potential overshadowed by declining fundamentals and leverage concerns. Previously, we covered a on Oshkosh Corporation (NYSE:OSK) by wirsteve in December 2024, which highlighted the secured USPS contract and upcoming CES 2025 product innovations as key catalysts. The company's stock price has appreciated by approximately 36.22% since our coverage. This is because the USPS contract strengthened revenue visibility and investor confidence. The thesis still stands as growth drivers remain intact. Antoni Nabzdyk shares a similar view but emphasizes CNH's entrenched position facing margin pressure and leverage challenges. CNH Industrial N.V. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held CNH at the end of the first quarter which was 42 in the previous quarter. While we acknowledge the potential of CNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
