Finance & Investment

New Orleans – September 28, 2026 -- Novogradac will convene community development entities, investors, developers and advisors at The Roosevelt New Orleans on Oct. 22-23 for its 2026 Fall New Markets Tax Credit Conference, focused on how NMTC financing is being deployed for housing-related development amid tightening market conditions.

Conference agenda targets compliance and allocation strategy

Sessions will cover the state of the NMTC program, an investor panel on market perspectives, an NMTC compliance overview, and how CDEs, investors and sponsors are positioning for current and future allocation cycles. Organizers say increased regulatory scrutiny is reshaping compliance expectations for program participants.

New York – September 28, 2026 -- Eighty-four percent of global wealth management firms say their operating models need a fundamental redesign to capture AI's full value, yet fewer than 10% report being prepared for that shift, according to a new HCLTech study.

The report, titled "Hidden In Pl(AI)n Sight," is based on a synthetic research methodology surveying 1,066 AI personas modeled on senior wealth management decision-makers across 17 global markets. It was produced in partnership with research firm Evidenza.

Adoption outpaces agentic AI deployment by a wide margin

While 98% of leadership teams in the sector are actively pursuing an AI agenda, only slightly more than 7% are building agentic AI capabilities, the study found. HCLTech attributes the gap to firms funding AI primarily for efficiency gains rather than structural transformation.

New York – September 28, 2026 -- Lazard, Inc. (NYSE: LAZ) has appointed Pranjal Gambhir as Head of Medical Technology, based in New York, as the advisory firm expands its healthcare coverage.

Gambhir brings two decades of Citi experience to Lazard's healthcare practice

Gambhir joins from Citi, where he most recently served as Managing Director covering Medical Technology companies across multiple sub-sectors. He spent 20 years at Citi in roles based in New York and New Delhi, building coverage across the sector's various segments.

Dubai – September 28, 2026 -- Bybit and Franklin Templeton, a $1.7 trillion asset manager, have launched a collateral program letting institutional clients pledge tokenized money market fund shares to access trading credit on Bybit's exchange.

Institutional clients can now pledge Benji-issued fund shares for USDT or USDC credit lines

Eligible investors use ByCustody, Bybit's institutional custody platform, to pledge shares issued through Franklin Templeton's Benji Technology Platform, a blockchain-integrated recordkeeping and transfer agency infrastructure. The pledged value is mirrored inside Bybit's trading environment while the underlying assets stay off-exchange in custody, allowing clients to continue earning yield on holdings while using them to support trading activity.

Toronto – September 28, 2026 -- Sixty Degree Capital (SDC) saw five portfolio companies complete initial public offerings in 2026, including the largest IPO in history and the largest biotech IPO on record. SpaceX, Parabilis Medicines, Cerebras, HawkEye 360 and Lime each began trading on U.S. exchanges between May and July, while GrubMarket has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission.

SpaceX offering reaches approximately US$75 billion, the largest IPO ever recorded

SpaceX's public listing totaled roughly US$75 billion, according to the Toronto-based venture capital firm, marking the largest IPO in history. The offering anchors a wave of 2026 public-market exits across SDC's technology and healthcare portfolio.

Southlake, Texas – September 25, 2026 -- Sabre Corporation (Nasdaq: SABR) disclosed that its indirect subsidiary, Sabre Financial Borrower, LLC, has secured tenders exceeding 90% of the aggregate principal amount outstanding on its targeted securities as of the September 25, 2026 early tender deadline, clearing the threshold required to force redemption of the remaining debt.

Over 90% acceptance triggers mandatory redemption of holdout bonds

Because more than 90% of the outstanding principal was validly tendered under the terms of the Indenture, Sabre Financial intends to issue a notice of redemption covering any securities that remain outstanding after the early settlement. The redemption price will match the Total Consideration offered in the tender, plus accrued and unpaid interest, with the redemption date expected on October 13, 2026.

St. Petersburg – September 24, 2026 -- ARK Investment Management LLC has launched the ARK Active Autocallable Income ETF (ARKY), targeting a 17.5% coupon by applying a volatility-harvesting strategy to its disruptive-innovation equity universe. The fund began trading on the Cboe BZX Exchange, marking ARK's first entry into the income-strategy category.

ARKY diversifies risk across 25 to 50 single-stock autocallable positions

Each holding in the portfolio references a single stock from ARK's high-conviction innovation universe and carries a 50% to 60% coupon barrier. A breach in one underlying asset affects only that position, while the remaining portfolio can continue generating income, according to the company.

New York – September 24, 2026 -- Paxos Labs has launched PAXGy, a gold-backed token that accrues value in gold terms by routing reserves into the multi-billion dollar institutional gold leasing market that has set bullion lending rates for four decades.

PAXGy deploys PAXG reserves into a market previously closed to retail holders

Holders deposit PAXG or swap accepted stablecoins for PAXGy, which is redeemable for PAXG at any time. The underlying gold is deployed to a network of vetted institutional borrowers -- refiners, jewelry manufacturers, miners and bullion banks -- through the same leasing market that has priced bullion lease rates for decades. As reserves are deployed, value accrues to the PAXGy exchange rate, meaning each token becomes worth more PAXG over time and holders can exit with more notional ounces than their principal.

Washington – September 24, 2026 -- The Block and The Hill will launch Capitol Crypto Forum, a new event series pairing Washington policy access with digital asset industry expertise, debuting November 19 in Washington, D.C.

Debut event follows midterm elections to catch new Congress

The inaugural gathering, Capitol Crypto Forum: First Look, is an invitation-only, half-day event scheduled shortly after the 2026 midterm elections, timed to reach lawmakers as a new Congress takes shape.

Event to convene regulators and industry executives on market structure, stablecoins

The forum will bring together lawmakers, regulators, policymakers and senior executives from digital asset and financial services firms for keynote conversations, roundtables and smaller discussions. Topics will include digital asset market structure, stablecoins, tokenization, financial innovation and blockchain's role in the financial system.

Miami – – September 24, 2026 -- Miami International Holdings, Inc. (MIAX) announced that its futures commission merchant, Dorman Trading, has become a clearing member of The Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization.

MIAX injects $40 million into its FCM, lifting adjusted net capital to $68 million

The capital increase, effective as of August 31, 2026, raises Dorman Trading's adjusted net capital to approximately $68 million. MIAX said the additional funding is intended to accelerate the FCM's growth strategy and expand its capacity to serve a broader client base.