Firm ignored material vulnerabilities for years; voluntarily repaid impacted funds and accounts $165 million January 16, 2025/US SEC he Securities and Exchange Commission today announced settled charges against New York-based investment advisers Two Sigma Investments LP and Two Sigma Advisers LP (collectively, Two Sigma) for breaching their fiduciary duties by […]
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AFC Earns Top AAAspc Rating from S&P Global (China) Ratings
The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30% January 16, 2025/AFC Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., […]
EBRD Marks Year of Record Investment in Egypt in 2024
January 16, 2025/EBRD By Nibal Zgheib Image Credit: EBRD EBRD invested over €1.4 billion in Egypt in 2024, 84 per cent in the private sector €765 million disbursed in 2024 to support the implementation of key projects Bank invested over €2.4 billion in 50 new projects in the SEMED region in 2024 Egypt was […]