Sat.Mar 01, 2025

article thumbnail

El Salvador Alters Bitcoin Policy

Global Finance

El Salvadors heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion loan agreed with the International Monetary Fund in December, the governments involvement with the digital Chivo wallet will be gradually unwound. At the end of January, on a vote of 55-2, El Salvadors Legislative Assembly passed modifications to the Bitcoin law, eliminating the word currency but kee

Finance 118
article thumbnail

Comment on AMCs Deceptive Fee Skimming Exposed in Lawsuit by C L

Appraisers Blog

Rocket Mortgage & AMCs obscure fee skimming practices, failing to disclose how much of the "appraisal fee" is retained by the AMC.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Deepseek AI Takes Root In China’s Banks

Global Finance

Chinas financial sector, from banks to brokerages, is rapidly incorporating DeepSeek, the nations champion in AI, for customer service, data analysis, and email sorting. Dozens of firms have committed to implementing DeepSeek or specific applications of the AI large language model since January, when the Hangzhou-based app developer emerged as Chinas low-cost alternative to Western competitors such as ChatGPT.

Banking 112
article thumbnail

Comment on AMCs Deceptive Fee Skimming Exposed in Lawsuit by C L

Appraisers Blog

In reply to Chris. You’d be surprised how many “reconsiderations of value” I’ve received from management companies. So, they still do the same things under a different name.

98
article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

Hong Kong Eases IPO Rules

Global Finance

Hong Kongs Securities and Futures Commission and Hong Kong Exchanges and Clearing Ltd. (HKEX) are considering whether to ease initial public offering rules for mainland Chinese companies. Christopher Hui, the territorys secretary for financial services and the treasury, said at a recent conference in Shenzhen that the bourse pledged to ease listing requirements for Chinese firms.

article thumbnail

Comment on AMCs Deceptive Fee Skimming Exposed in Lawsuit by Pat Turner

Appraisers Blog

Rocket Mortgage & AMCs obscure fee skimming practices, failing to disclose how much of the "appraisal fee" is retained by the AMC.

More Trending

article thumbnail

California Wildfires Fuel Parametric-Policy Adoption

Global Finance

Californias recent traumatic spate of wildfires has spotlighted the often clunky process of traditional commercial insurance. Typically, businesses are required to document their losses, file a claim, and wait months or even years for reimbursement. Insurance companies must meticulously assess damages, verify that a claim was not excluded from the policy, and determine how much to pay.

Finance 52
article thumbnail

Exiting Delaware: The TripAdvisor Decision

Harvard Corporate Governance

Posted by Anna T. Pinedo, Mayer Brown LLP, on Saturday, March 1, 2025 Editor's Note: Anna T. Pinedo is a Partner at Mayer Brown LLP. This post is based on her Mayer Brown memorandum, andis part of the Delaware law series ; links to other posts in the series are available here. On February 4, 2025, the Delaware Supreme Court (the Court) overturned a prior ruling by the Delaware Court of Chancery, which subjected TripAdvisor Inc.s (TripAdvisor) and Liberty TripAdvisor Holdings Inc.s (Liberty) corp

151
151
article thumbnail

Hong Kong Banks Expand SME Task Force

Global Finance

The 18 Hong Kong banks comprising the territorys joint task force on lending to small and midsize enterprises (SMEs) have agreed to discussions with other banks to assist SMEs in addressing cash flow pressures. Six member banks of the Hong Kong Association of Banks commercial banking group took the lead in January to negotiate fairer financial arrangements for SMEs facing capital-flow difficulties, especially in the construction sector; Other SME Financing Task Force member banks agreed to join

Banking 52
article thumbnail

Comment on AMCs Deceptive Fee Skimming Exposed in Lawsuit by C L

Appraisers Blog

In reply to Baggins. I remember trying to obtain work after HVCC started.that $225 fee was from 2010 – that actually was a little better than what I received from 1 group (can’t remember the name). $200 for a 175 mile trip to Guffey from Colorado Springs, FHA manufactured on 35 acres. I remember it because it ended being one of those nightmare ones, no decent comps, etc., and nearly an all day trip to get the comp photos with the inspection.

Comps 98
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

How Your CPA Drives Value for Your IT Company

IT Valuations

By Dr. Aaron Mahl, EVP Business Development, iTValuations Running a successful IT company involves more than just technical expertiseit requires financial strategy, tax planning, and a clear vision for growth. In a recent iTValuations webinar, industry experts came together to discuss how CPAs can be more than just tax preparersthey can be strategic partners in driving business value.

article thumbnail

Comment on AMCs Deceptive Fee Skimming Exposed in Lawsuit by Flash

Appraisers Blog

In reply to C L. I include 12 statistical charts and graphs with an attached mls CMA in each report for the last 4 years and now a chart to show timelines and the use of time adjustments. I dont hear back one peep about a reconsideration of value. If I do , I will charge extra bucks for my time or if I receive continuous requests for ROV, I will drop the client like a hot potato.

98
article thumbnail

Valuations & Their Role in Business Transformation

IT Valuations

By Dr. Aaron Mahl, EVP Business Development, iTValuations Every business owner reaches a point where they need to ask: What is my business truly worth? Whether planning for growth, preparing for a merger, or simply looking to optimize operations, understanding valuation is crucial. In a recent iTValuations webinar, industry experts explored how valuations serve as a strategic tool for business transformation rather than just a number on paper.

EBITDA 52
article thumbnail

Comment on HUD Investigation Leads to Illegal Break-In & Evidence Tampering by ohiobeasttwoonesix

Appraisers Blog

their rules, guidelines, forms, rating system, certs, definitions, reviews, so on, and they are still unhappy oink oink oink the war was not meant to be won…it is meant to be continuous 1

97
article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

Business Valuation for Buying a Convenience Store

Peak Business Valuation

Are you interested in pursuing opportunities in the convenience store industry? It is no secret that convenience stores can be a rewarding business venture. Easy access to food, drinks, and necessities makes them an easy choice for consumers. This promotes high traffic volume and supports profitability. However, if you want to make wise decisions when buying a convenience store , it is essential to receive a business valuation.

article thumbnail

TransPerfect Acquires Technicolor Games

Benzinga

SAN FRANCISCO and BANGALORE, India, March 01, 2025 (GLOBE NEWSWIRE) -- TransPerfect , the world's largest provider of language and AI solutions for global business, today announced it has acquired Technicolor Games, the gaming division of Technicolor Group, S.A. Financial terms of the transaction were not disclosed. With offices in London, San Francisco, Montreal, and Bangalore, Technicolor Games includes more than 400 creative artists specializing in concept art, 3D art, animation, VFX, an

45
article thumbnail

X’s Valuation Grows

Global Finance

Banks led by Morgan Stanley finally moved a significant amount of debt from Elon Musks Twitter purchase off their books. On Feb. 13, they secured the secondary sale of $4.74 billion worth of secured loans that mature in October 2029. This is well above their original goal of $3 billion. According to Reuters, investors will earn a 9.5% annual return on the loan amount they purchase.

Finance 111
article thumbnail

Us Halts Enforcement Of Foreign Bribery Law

Global Finance

Citing the need for a level playing field in access to critical minerals, deep-water ports and other key infrastructure or assets, the Trump Administration has paused the enforcement of the Foreign Corrupt Practices Act of 1977 (FCPA) until August, with a possible extension to February 2026. The FCPA, which was passed on the heels of numerous corporate corruption disclosures, makes it unlawful for any corporate officer, director, employee, company agent, or company shareholder to offer, pay, or