New Virginia bond law goes into effect

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“For bond counsel, this creates a more favorable underwriting environment and a stronger revenue base supporting bond repayment, particularly where the conduit issuer is a local EDA acting under its newly expanded HB 806 powers,” said Forbes. Sands Anderson The first month of Virginia House Bill 806 is nearly over as local governments and public finance […]

Lighthouse Canton introduces wealth platform for non-resident Indians

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For NRIs and other international investors, the platform provides access to Indian markets. Credit: Alicia97/ Shutterstock.com. Lighthouse Canton has launched Global Indian, a wealth management platform targeted at non-resident Indians and overseas investors. The new platform brings together reporting across jurisdictions, cross-border wealth structuring and a single advisory relationship covering both offshore and India-based holdings, […]

Embedded Finance Grows Up and Picks an Industry

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Embedded finance has been able to put financial products almost anywhere. The trend is now one of verticalization, according to Renata Caine, senior vice president and general manager of embedded finance at Green Dot. The premise is straightforward. A payment capability designed to work across hundreds of businesses may provide access, but businesses do not […]

How a $10M check-fraud ring in Bronx exploited the homeless

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Key insight: The scheme relied not on stolen checks but a person who could pass a branch’s identity check, and the ring sourced that by recruiting homeless people and people with substance abuse problems. What’s at stake: Account opening at the branch counter is the control this scheme had to beat, and it is the […]

AI Infrastructure Firm Treeswift Signs 7K-SF Lease at 256 West 38th Street – Commercial Observer

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An artificial intelligence-driven infrastructure technology company is relocating its offices to Midtown. Philadelphia-based Treeswift signed a four-year, 7,487-square-foot lease on the entire 11th floor of the Hakimian Organization’s 256 West 38th Street in an expansion of its New York City operations, according to landlord broker Lee & Associates NYC. Asking rent was $39 per square […]

ASE Industrial ADR earnings beat by $0.05, revenue fell short of estimates

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ASE Industrial ADR earnings beat by $0.05, revenue fell short of estimates

Section 10(14)(i) tax exemption in ITR: Rules salaried taxpayers should know before claiming allowance benefits

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For taxpayers, reducing individual tax liabilities through legitimate exemptions is an important part of long-term financial planning. It also helps foster compliance with tax authorities when an individual strives to meet deadlines and legitimately reduce their tax liability. In the same light, one important provision that has garnered attention is Section 10(14)(i) of the Income […]

Bixby Wealth takes minority stake in F.L.Putnam

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FLP said that employees of the firm will retain a “significant” minority ownership interest. Credit: SsCreativeStudio/ Shutterstock.com. Bixby Wealth Solutions has acquired a minority holding in F.L.Putnam Investment Management Company, headquartered in Massachusetts. The companies did not reveal the value of the deal. Access deeper industry intelligence Experience unmatched clarity with a single platform that […]

Federal Reserve holds rates steady, punting inflation relief to the fall

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Despite steadily increasing odds of a rate hike, the Federal Reserve chose to leave interest rates unchanged Wednesday. Though Fed Chair Kevin Warsh pledged to deliver consumer price stability at his inaugural press conference as central bank chief in June, the rate decision ultimately reflected caution amid economic uncertainty. “Economic activity is expanding at a […]

TabTrade (Mauritius) Ltd Granted Investment Dealer Licence

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Regulator issued the licence on 2 July 2026 under Section 29 of the Securities Act 2005. Licence number GB26206419. TabTrade, a multi-asset forex and CFD broker, has been granted an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence for its Mauritius entity, TabTrade (Mauritius) Ltd. The Financial Services Commission of Mauritius issued the licence on […]