Latest news with #ForbesWorld
Business Wire
07-05-2025
- Business
- Business Wire
Insight to Present at J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference
CHANDLER, Ariz.--(BUSINESS WIRE)-- Insight Enterprises, Inc. (Nasdaq: NSIT) (the 'Company') today announced that it is scheduled to participate in the following upcoming investor conference: J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference Participants: James Morgado, CFO The Insight presentation will be broadcast live over the Internet at where you can also view other recent webcasts, downloadable slide presentations and other investor information. About Insight Insight Enterprises is a leading Solutions Integrator that helps clients solve technology challenges by combining the right hardware, software, and services. We're a global Fortune 500 technology company with a network of over 6,000 partners and experts around the world who provide access to end-to-end IT capabilities. For more than 35 years, we have delivered and optimized technology solutions for our clients efficiently, effectively, and safely. We are rated as a Great Place to Work, a Forbes World's Best Employer, and a Fortune World's Best Workplace. Discover more at NSIT-F
Cision Canada
05-05-2025
- Business
- Cision Canada
Equitable Bank closes $350 million deposit note issuance
Issuance represents largest in over three years, indicating growing investor interest in trajectory of Canada's Challenger Bank , May 5, 2025 /CNW/ - Equitable Bank, Canada's Challenger Bank™, announces it has closed a $350 million fixed rate deposit note that represents the bank's second largest on record, bringing its total program to $2.15 billion of outstanding deposit notes. The three-year $350 million deposit note was offered at a 3.738% fixed rate and matures on May 5, 2028. The transaction, successfully priced at the tight end of target spread guidance at 118 bps above the Government of Canada curve, enjoyed an oversubscribed order book of 2.5x times with support from both existing and new investors. Additionally, order book strength allowed the bank to upsize the initial offering to the top end of its announced range of $350 million. "This latest issuance is a clear signal that investors remain confident in our strategy, performance and vision for the future of Canadian banking," said Andrew Moor, president and CEO, Equitable Bank. "This strong reception reinforces the momentum we're carrying into the year ahead as we continue to scale with discipline and deliver long-term value." The issuance was completed with National Bank Financial Markets, RBC Capital Markets, Scotiabank and TD Securities acting as joint leads and bookrunners, with BMO Capital Markets and CIBC Capital Markets supporting as co-managers. The deposit notes rank equally and rateably with all of Equitable Bank's present and future unsecured and unsubordinated liabilities, and deposit notes are not eligible for Canada Deposit Insurance Corporation insurance. About Equitable Bank Equitable Bank has a clear mission to drive change in Canadian banking to enrich people's lives. As Canada's Challenger Bank™ and seventh largest bank by assets, it leverages technology to deliver exceptional personal and commercial banking experiences and services to more than 700,000 customers and more than six million credit union members through its businesses. It is a wholly owned subsidiary of EQB Inc. (TSX: EQB), a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). Through its digital EQ Bank platform ( its customers have named it one of the top banks in Canada on the Forbes World's Best Banks list since 2021. To learn more, please visit or connect with us on LinkedIn. Investor contact: David Wilkes VP and Head of Finance [email protected] Media contact: Maggie Hall Director, PR & Communications [email protected] Cautionary Note Regarding Forward-Looking Statements Statements made in this news release include forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"). These statements include, but are not limited to, statements about EQB Inc.'s (the "Company") objectives, strategies and initiatives, financial results, expectations and risk management, statements about or containing possible future issuances of deposit notes of Equitable Bank (the "Bank"), a wholly owned subsidiary of the Company, statements made by Equitable Bank's chief financial officer and any other statements made herein, whether with respect to the Company's and Bank's businesses or the Canadian economy. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "planned", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases which state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, closing of transactions, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to capital markets and additional funding requirements, fluctuating interest rates and general economic conditions, legislative and regulatory developments, the nature of our customers and rates of default, and competition as well as those factors discussed under the heading "Risk Management" in the Company's Management's Discussion and Analysis and in the Company's other documents filed on SEDAR+ at All material assumptions used in making forward-looking statements are based on management's knowledge of current business conditions and expectations of future business conditions and trends, including their knowledge of the current credit, interest rate and liquidity conditions affecting the Company, the Bank and the Canadian economy. Although the Company and the Bank believe the assumptions used to make such statements are reasonable at this time and has attempted to identify in its continuous disclosure documents important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Certain material assumptions are applied by the Company in making forward-looking statements, including without limitation, assumptions regarding its continued ability to fund its mortgage business at current levels, a continuation of the current level of economic uncertainty that affects real estate market conditions, continued acceptance of its products in the marketplace, as well as no material changes in its operating cost structure and the current tax regime. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company and the Bank do not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws. The deposit notes have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or delivered, directly or indirectly, or sold in the United States. This press release does not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.
Business Insider
30-04-2025
- Business
- Business Insider
Top 10 countries with the most billionaires in 2025
As of 2025, the global billionaire landscape is dominated by a select group of countries, with the United States leading the pack by a significant margin. The United States is the leader in billionaire population with over 900 billionaires and a combined net worth of $6.8 trillion. China, India, and several European nations also have impressive figures of billionaires, highlighting global economic powerhouses. Global billionaire wealth is highly concentrated, with the USA, China, and India accounting for over 50% of all billionaires and their wealth. The latest rankings from Forbes World's Billionaires List reveal that the U.S. is home to over 900 billionaires, while China, India, and several European countries follow suit with impressive figures of their own. This concentration of wealth highlights global economic powerhouses and the increasing significance of tech, finance, and industrial sectors in shaping the world's wealthiest individuals. According to Forbes, there are now more than 3,000 billionaires worldwide, collectively worth a staggering $16.1 trillion. However, this immense wealth is highly concentrated, with just three countries (USA, China and India) accounting for over 50% of all billionaires and their wealth. In contrast, 17 nations each have only a single billionaire. The United States continues to dominate the list, with a record 902 billionaires, up from 813 last year, and a combined net worth of $6.8 trillion. Nearly a third of this year's billionaires hail from the U.S. Among the world's 15 centibillionaires, all but two are American. Elon Musk, with an estimated net worth of $342 billion, reclaimed the title of the world's richest person from Bernard Arnault ($178 billion) of LVMH, marking the first time since 2022. Other tech giants like Mark Zuckerberg of Meta ($216 billion), Jeff Bezos of Amazon ($215 billion), and Larry Ellison of Oracle ($192 billion) complete the top five. Here's a look at the top 10 countries with the highest number of billionaires in 2025; Rank Country No. of Billionaires Richest Individual Net Worth (Richest) 1 United States 902 Elon Musk $342 billion 2 China 450 Zhang Yiming $65.5 billion 3 India 205 Mukesh Ambani $92.5 billion 4 Germany 171 Dieter Schwarz $41 billion 5 Russia 140 Vagit Alekperov $28.7 billion 6 Canada 76 Changpeng Zhao $62.9 billion 7 Italy 74 Giovanni Ferrero $38.2 billion 8 Hong Kong* 66 Li Ka-shing $38.9 billion 9 Brazil 56 Eduardo Saverin $34.5 billion 10 United Kingdom 55 Michael Platt $18.8 billion The global billionaire landscape is dominated by five countries: the United States, China, India, Germany, and Russia. The US leads with 902 billionaires, driven by tech and innovation, with Elon Musk ($342B) exemplifying this dominance. China has 450 billionaires, led by Zhang Yiming ($65.5B) of ByteDance. India is seeing rapid growth with 205 billionaires, fueled by digital expansion and industry, led by Mukesh Ambani ($92.5B) of Reliance Industries.
Yahoo
09-04-2025
- Business
- Yahoo
EQB announces voting results of annual general meeting of shareholders
TORONTO, April 9, 2025 /CNW/ - EQB Inc. (TSX: EQB) announced today the election of the 10 nominees listed in the management information circular dated February 13, 2025, as directors of EQB at the annual meeting of shareholders held earlier today. The results of the vote for director elections are as follows: Nominee Votes For % For Votes Withheld %Withheld Michael Emory 25,996,363 99.55 117,039 0.45 Susan Ericksen 26,093,185 99.92 20,217 0.08 Kishore Kapoor 26,096,132 99.93 17,270 0.07 Yongah Kim 26,046,767 99.74 66,635 0.26 Marcos Lopez 26,096,468 99.94 16,934 0.06 Andrew Moor 25,999,231 99.56 114,171 0.44 Rowan Saunders 25,990,492 99.53 122,910 0.47 Carolyn Schuetz 25,790,101 98.76 323,301 1.24 Vincenza Sera 25,990,449 99.53 122,953 0.47 Michael Stramaglia 25,996,048 99.55 117,354 0.45 About EQB Inc. EQB Inc. (TSX: EQB) is a leading digital financial services company with $132 billion in combined assets under management and administration (as at January 31, 2025). It offers banking services through Equitable Bank, a wholly owned subsidiary and Canada's seventh largest bank by assets, and wealth management through ACM Advisors, a majority owned subsidiary specializing in alternative assets. As Canada's Challenger Bank™, Equitable Bank has a clear mission to drive change in Canadian banking to enrich people's lives. It leverages technology to deliver exceptional personal and commercial banking experiences and services to over 700,000 customers and more than six million credit union members through its businesses. Through its digital EQ Bank platform ( its customers have named it one of Canada's top banks on the Forbes World's Best Banks list since 2021. To learn more, please visit or connect with us on LinkedIn. Investor contact: David Wilkes Vice President and Head of Finance investor_enquiry@ Media contact: Maggie Hall Director, PR & Communications View original content to download multimedia: SOURCE EQB Inc. View original content to download multimedia:
Russia Today
04-04-2025
- Business
- Russia Today
Moscow moves to second in global billionaire rankings
Moscow has jumped to second place among the world's top cities for billionaires, after adding new ultrawealthy residents over the past year, according to the Forbes World's Billionaires List. The Russian capital's billionaires now hold a combined fortune of $409 billion. The report , issued this week, said the growth in billionaire residents pushed Moscow ahead of Hong Kong, which tied for the No. 2 spot last year. Moscow added the most billionaires this year, up by 16 to 90, including 11 newcomers, while the combined wealth of the city's superwealthy rose by $31 billion over the past year. Oil magnate Vagit Alekperov, with an estimated fortune of $28.7 billion, remains Moscow's leading billionaire, with more than half of his wealth coming from his stake in oil company Lukoil, Forbes said. New York City retained its title as the top city for billionaires for the fourth consecutive year, home to 123 billionaires holding a combined fortune of $759 billion. Hong Kong, now ranked third, counted 72 billionaires worth a total of $309 billion after losing two billionaires from its 2024 tally. The city remains the top billionaire hub in Asia. London moved up two spots, adding nine billionaires, including seven newcomers. The UK capital is home to 71 billionaires, whose total net worth is estimated at $355 billion. READ MORE: Russia mints 15 new billionaires – Forbes Beijing and Mumbai came in as the fifth and sixth most popular resident cities for the world's superwealthy, with 68 and 67 such individuals respectively. Singapore ranked seventh with 60 billionaires, while Shanghai and San Francisco tied for eighth with 58 each. Los Angeles rounded out the global top ten with 56 billionaires. According to Forbes, the world's 3,028 billionaires are spread across more than 800 cities, though nearly a quarter of them, worth a combined $3.3 trillion, have chosen to make one of the top ten cities their home. The outlet also noted it was unable to determine the primary residence of 40 billionaires this year.
