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BTG Pactual and the International Finance Corporation (IFC) are committing up to $1 billion to sustainability and development projects in Latin America, marking one of the region’s largest private-sector pushes toward climate-focused investment. The partnership will deploy capital through co-financing, equity, and private equity funds by 2028, targeting conservation, infrastructure, and the bioeconomy in countries that are home to critical ecosystems like the Amazon...

The Federal Deposit Insurance Corporation’s (FDIC) Quarterly Banking Profile shows that banks generated a combined net income of $69.9 billion in the second quarter of 2025, reflecting a 1 percent decline from the previous quarter. The decrease was largely tied to 33.7%, an increase in provision expenses, linked to a major bank acquisition, which temporarily weighed on overall results...

Ibotta, a Denver-based digital promotions company serving consumer packaged goods (CPG) brands through its Ibotta Performance Network (IPN), announced the appointment of Matt Puckett as its new Chief Financial Officer. Puckett will oversee financial strategy, operations, and investor relations as the company expands its performance marketing capabilities...

FTI Consulting, a professional services firm, announced that its Chief Financial Officer, Ajay Sabherwal, will step down on September 12, 2025, to pursue an opportunity outside the consulting industry. Paul Linton, Chief Strategy and Transformation Officer, will serve as interim CFO while a search for a permanent successor is underway...

Private equity firms are intensifying pressure on CFOs of portfolio companies to integrate AI into finance functions, but many finance leaders remain uncertain about where to begin. A recent survey by consulting firm Accordion, covering 200 private equity executives and 200 CFOs, found that 98% of private equity leaders have directed CFOs to prioritize AI adoption...

Recent high-profile U.S. listings have recorded sharp first-day gains, prompting renewed debate over whether Wall Street Banks are setting IPO prices too conservatively. Companies such as Figma, Circle, and Bullish saw their shares surge 250%, 168%, and 84% respectively, on debut, far exceeding the 15% to 20% range analysts consider healthy for balancing investor reward with issuer value...

The Consumer Financial Protection Bureau (CFPB) has opened a 60-day public comment period to guide revisions to its open banking rule, Rule 1033. In its advance notice of proposed rulemaking (ANPR), the agency highlighted four areas of focus, “the proper understanding of who can serve as a ‘representative’ requesting on behalf of the consumer; the optimal approach to the assessment of fees to defray the costs incurred by a ‘covered person’ in responding to a customer driven request; the threat and cost-benefit pictures for data security associated with section 1033 compliance; and the threat picture for data privacy associated with section 1033 compliance”...

Prada Group and UNESCO have unveiled the SEA BEYOND Multi-Partner Trust Fund, a five-year initiative aimed at strengthening humanity’s relationship with the ocean. Prada has committed an initial €2 million to the fund, which will finance projects that combine science, education, and culture to promote sustainable ocean stewardship. Areas of focus include introducing ocean literacy into school curricula, creating opportunities for youth engagement, supporting cultural heritage linked to the sea, and ensuring communities have a stronger voice in shaping marine policy...

The Trade Desk, a technology company that provides a cloud-based platform for digital advertising buyers, has appointed Alex Kayyal as Chief Financial Officer. Kayyal, who will report directly to CEO and Co-Founder Jeff Green, will oversee the company’s financial and investment strategy while continuing to serve on its Board of Directors. He succeeds Laura Schenkein, who is stepping down after more than a decade in finance leadership roles and will remain with the company through the end of 2025 to support a smooth transition...

Citizens Financial Group, one of the nation’s oldest financial institutions, has appointed Aunoy Banerjee as Executive Vice President and Chief Financial Officer. He will serve on the company’s Executive Committee and report directly to Chairman and CEO Bruce Van Saun. Banerjee holds an MBA degree from the University of Rochester Simon School of Business and a bachelor’s degree from St. Stephen’s College at the University of Delhi...