With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports higher pensions, while preserving existing benefits for current members.
Cash visibility is largely a solved problem, at least for finance teams on the cutting edge. Dashboards, bank connectivity, treasury management systems and account rationalization projects now give chief financial officers a clear view of liquidity across the enterprise, even a global one. Usability is where cross-border liquidity breaks down. A multinational, or even middle-market,…
French adtech company Criteo (CRTO 1.12%) was the subject of some fairly robust takeover speculation this week, and opportunistic investors piled into it on the hopes it would sell for a substantial premium. The in-demand shares were rising by almost 20% week-to-date as of early Friday morning, according to data compiled by S&P Global Market…
The share of economists expecting the next Federal Open Market Committee action to be a rate hike continues to grow, the latest Wolters Kluwer survey found. Processing Content The latest Blue Chip Economic Indicators survey was taken on July 6 and 7, which was before the June meeting minutes were released. But it was a…
Key insight: Now that there’s more certainty around the Iran war, larger bank M&A could pick up, since banks want to make deals under the current Trump administration, experts say. What’s at stake: More regional banks may pursue merger opportunities in order to address scale and technology challenges. Expert quote: “I do think the next…
Andrew Kimball just landed a new job. New York University hired the former Economic Development Corporation president and CEO to oversee the school’s global real estate portfolio, Crain’s New York Business reported. Kimball will take over in August with the title senior vice president for global real estate, facilities and campus development. The annual base…
Solstice to acquire Element Solutions for $14.5 billion