Finance

Guest article: Climate finance must be redesigned to reach indigenous peoples on the ground | SDG Knowledge Center

By Jhony Zapata and Sophie Grouwels, Forestry Officers, Food and Agriculture Organization of the United Nations Today marks the International Day of the World’s Indigenous Peoples, the first since the historic moment of the United Nations Climate Change Conference (UNFCCC COP 26) last November, when indigenous peoples were recognized as guardians of forests. of the …

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Revlon Announces Finance Leadership Changes

NEW YORK–(BUSINESS WIRE)–Revlon, Inc. (NYSE: REV) (“Revlon” or the “Company”) today announced that Victoria Dolan is retiring as Chief Financial Officer (“CFO”) of the Company. Ms. Dolan will remain with Revlon until September 30, 2022 to ensure a smooth transition of her responsibilities. The company also announced today that Matt Kvarda, chief executive of Alvarez …

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MarineMax Expands Financial Flexibility with New Credit Facilities to Execute Strategic Growth Opportunities

CLEARWATER, Florida–(BUSINESS WIRE)–MarineMax, Inc. (NYSE: HZO), the world’s largest retailer of pleasure boats and yachts, today announced the completion of $1.35 billion in global funding commitments. MarineMax has entered into the $1.35 billion senior secured credit facilities (the “Credit Facilities”) which include the following: $750 million floor plan line of credit (the “Floor Plan”) for …

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Affordable housing finance segment gaining strength, higher interest rates not expected to hurt profitability

After posting moderate growth in fiscal year 2020-21, the affordable housing finance space grew 20% year-on-year in the fiscal year ending March 2022, according to a report from CareEdge. Experts estimate that the segment will continue to develop and post a growth rate of around 18% over the current financial year. “Overall, CareEdge expects affordable …

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What Financial Planning Is and Isn’t

Question: A number of financial services companies offer to provide exclusive financial plans to my employees. Should I accept these offers? A: Many employers are proactively considering additional value-added benefits for their employees, including financial planning services. Offering these perks can be a good employee retention strategy because it shows you care about their financial …

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Bajaj Finance Share | HUL Stock: Bajaj Finance, HUL could give more than 10% long-term return; Siddhartha Khemka explains

1QFY23’s corporate earnings have been healthy so far, though mixed with a lack of heavy hitters, such as and . Overall earnings growth in the first quarter of FY23 was subdued and driven solely by BFSI, helped by the moderation in the cost of credit and healthy loan growth. However, earnings distribution was decent, with …

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Sonoma County Board of Supervisors to weigh regulations and campaign finance changes well

The Sonoma County Board of Supervisors is poised to assess policy changes in two complex and often contentious issues: groundwater use and policy spending. Ahead of the board Tuesday proposed updates to the county’s well regulations and changes to how it oversees political campaign maximum contributions. Here is a preview of what awaits us. Wells …

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Bangladesh’s finance minister warns against loans from China

Bangladesh’s finance minister has warned developing countries should think twice before taking out more loans through China’s Belt and Road initiative as global inflation and slowing growth add to tensions in indebted emerging markets. AHM Mustafa Kamal also said Beijing needed to be more rigorous in evaluating its loans, fearing bad lending decisions could push …

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Quarterly Financial Affairs and Innovation Service Award goes to Jeremy Battjes

Whit Pruitt, University Relations Jeremy Battjes The Office of Financial Affairs has established a financial innovators award known as the Financial Affairs and Innovation Department Award to recognize those across the university who make significant and lasting contributions to the university through to bold, innovative and creative approaches to common and everyday …

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Sundaram Finance PAT up 18% to Rs 226 cr, records highest disbursements in Q1 of Rs 4,895 cr

Chennai-based Sundaram Finance on Monday reported an 18% increase in profit after tax (PAT) to Rs 226 crore for the first quarter of FY23 from Rs 192 crore in the corresponding quarter last FY. The total revenue of the non-bank financial company stood at Rs 942 crore against Rs 956 crore last year, registering a …

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