Finance, Banking & Insurance

BRP Names Minh Thanh Tran CFO as Sébastien Martel Retires

Image
BRP Names Minh Thanh Tran CFO as Sébastien Martel Retires

Valcourt, QC – September 08, 2026 -- BRP Inc. (TSX: DOO) (NASDAQ: DOO) will install Minh Thanh Tran as Chief Financial Officer effective October 1, 2026, succeeding Sébastien Martel, who is retiring after more than 20 years with the powersports manufacturer.

Martel exits after 12 years steering BRP's finances

Martel, who has served as CFO for 12 years, led the company's initial public offering on the Toronto Stock Exchange in 2013 -- named IPO of the Year -- and its subsequent NASDAQ listing in 2018. He will shift to a role as Executive Advisor to the CEO starting October 1, 2026, supporting a transition period before his full retirement in April 2027.

Cango Regains NYSE Compliance After 10-for-1 Share Consolidation

Image
Cango Regains NYSE Compliance After 10-for-1 Share Consolidation

Dallas – September 08, 2026 -- Cango Inc. (NYSE: CANG) has regained compliance with the New York Stock Exchange's minimum share price requirement, the company said, closing a listing-standards issue that began in March.

NYSE confirms Cango cleared the $1.00 threshold as of August 31, 2026

In a letter dated September 1, 2026, the NYSE notified Cango that its average closing share price over the 30 trading days ended August 31, 2026 exceeded the exchange's US$1.00 minimum under Section 802.01C of the NYSE Listed Company Manual. The exchange confirmed the matter is now closed.

Company had received a deficiency notice on March 10, 2026

The NYSE had flagged Cango after its Class A ordinary shares' 30-trading-day average closing price fell below $1.00, triggering a formal compliance notification.

Prudential Advisors Recruits $106M Advisor Zachary Karason

Newark, N.J. – September 08, 2026 -- Prudential Advisors has added Zachary Karason, a Cleveland-based financial advisor who managed more than $106 million in total client assets at U.S. Bancorp Advisors, to its Mid America Financial Group.

Karason brings a $106 million book of business to Prudential's Ohio operation

Karason joins Prudential Advisors' Mid America Financial Group, headquartered in Columbus, Ohio, after more than 12 years in the financial services industry. He began his career at Merrill Lynch, rising to assistant vice president, before moving to U.S. Bancorp Advisors as a wealth management advisor. He holds a bachelor's degree from Northwood University.

VT Markets Names Ross Maxwell Chief Strategy Officer

Image
VT Markets Names Ross Maxwell Chief Strategy Officer

Sydney – September 08, 2026 -- VT Markets, a multi-asset broker operating in more than 160 countries, has appointed Ross Maxwell as Chief Strategy Officer to oversee platform development, international expansion and corporate governance.

Maxwell moves from global strategy and operations role

Maxwell previously served as Global Head of Strategy and Operations at VT Markets, where he led market analysis and training programs. In his new role, he will set strategic direction across platform innovation, international expansion and trading frameworks, drawing on his background in macroeconomic analysis, operational development and market infrastructure.

VARIANSE Becomes Southampton FC's Official Global Trading Partner

Image
VARIANSE Becomes Southampton FC's Official Global Trading Partner

Southampton, England – September 08, 2026 -- VARIANSE, a globally regulated online trading brand, has signed a multi-year deal to become Southampton Football Club's Official Global Trading Partner and exclusive Official CFD Trading Partner. The agreement coincides with VARIANSE marking 10 years since its founding in 2015.

VARIANSE secures worldwide branding rights tied to Southampton FC's intellectual property

The multi-year contract grants VARIANSE global rights to use its official Southampton FC partnership titles and approved club branding across international digital activations. The company will have prominent placement at St Mary's Stadium, including matchday advertising and partner branding throughout the season.

German Banks' Bad Loans Jump 87% Even as Capital Hits Record High

Image
German Banks' Bad Loans Jump 87% Even as Capital Hits Record High

Frankfurt am Main – September 08, 2026 -- Germany is the only major European banking market where non-performing loans (NPLs) are rising again, with the stock of bad debt at German banks climbing 87% between 2019 and 2025, according to a new BearingPoint study covering 216 European banks over a 13-year period.

The increase runs counter to the broader European trend: most markets across the continent continued to reduce problem loans over the same period, even as the sector-wide average NPL ratio fell to 1.9%.

XTransfer Wins UAE Central Bank Nod for Payment Licence

Image
XTransfer Wins UAE Central Bank Nod for Payment Licence

Dubai, UAE – September 08, 2026 -- XTransfer has secured in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE, a move that will let the B2B cross-border payment platform serve mainland UAE clients once pre-issuance conditions are met.

Regulator clears path for mainland UAE trade payments

The licence extends XTransfer's regulated payment services into the UAE, positioning the company to support businesses engaged in international trade with compliant, secure cross-border transaction tools once formal issuance is complete.

UAE approval anchors China-Middle East-Africa trade corridor

The UAE serves as a major regional trade and re-export hub connecting Chinese commerce with Africa and other emerging markets. XTransfer said the licence strengthens its capacity to support trade flows between China, the Middle East and Africa with more accessible cross-border payment infrastructure.

Scienjoy to Buy 29.9% Stake in Leader Education for $13.1 Million

Beijing – September 08, 2026 -- Scienjoy Holding Corporation (NASDAQ: SJ) has agreed to acquire a 29.9% stake in Hong Kong-listed Leader Education Limited (HKSE: 1449.HK) for HK$102.69 million, or approximately US$13.1 million, marking the live-streaming platform operator's entry into China's private higher education sector.

Scienjoy Innovation Labs to purchase 239.2 million Leader Education shares from controlling shareholder

Under the sale and purchase agreement, Scienjoy's wholly-owned subsidiary Scienjoy Innovation Labs Inc. will buy 239,234,000 ordinary shares from Shuren Education Limited, Leader Education's controlling shareholder. The shares represent 29.9% of Leader Education's issued and outstanding share capital.

Scage Future Falls Below Nasdaq's $50M Market Value Threshold

Nanjing – September 08, 2026 -- Scage Future (Nasdaq: SCAG) has fallen below two separate Nasdaq minimum listing thresholds, receiving deficiency notices tied to both its total market value of listed securities and its market value of publicly held shares.

Nasdaq flags dual shortfalls in 30-day trading review

The Listing Qualifications Department of The Nasdaq Stock Market sent two notification letters dated September 08, 2026. Based on the 30 consecutive business days from July 16 to September 08, 2026, Scage's Market Value of Listed Securities (MVLS) fell short of the required US$50,000,000 minimum under Rule 5450(b)(2)(A). Nasdaq also noted the company fails the alternative Total Assets and Total Revenue standard under Rule 5450(b)(3)(A). A second letter cited the company's Market Value of Publicly Held Shares (MVPHS) falling below the required US$15,000,000 minimum under Rule 5450(b)(2&3)(C) over the same period.

Three Lions Acquisition Closes $100M IPO, Eyes Sports Deals

New York – September 08, 2026 -- Three Lions Acquisition Corp. closed its initial public offering of 10,000,000 units, generating $100,000,000 in gross proceeds, the special purpose acquisition company announced. A total of $100,500,000 from the IPO and a simultaneous private placement was placed in trust.

Units priced at $10.00 begin trading on Nasdaq under ticker TLACU

Each unit consists of one ordinary share and one-half of one warrant, with each whole warrant exercisable at $11.50 per share. Once components separate, the ordinary shares and warrants are expected to list on Nasdaq under the symbols TLAC and TLACW, respectively.