EQB Inc. Looks to Sell C$200M Limited Recourse Capital Notes
Bloomberg Markets·60-word summary·1 min read
EQB Inc., a Canadian bank holding company, plans to sell approximately C$200 million ($146 million) in additional tier one securities, with the offering expected to launch as soon as Monday. This move aims to bolster its capital base amid ongoing market developments. The sale reflects EQB’s strategy to strengthen its financial position in the evolving macro-finance landscape.
Hyundai Motor Co. is accelerating US production and reducing expenses to mitigate profit losses caused by tariffs in its largest market. The move aims to strengthen its position amid ongoing trade tensions, with specific plans to increase output in the US, though exact dates and amounts have not been disclosed. The strategy reflects Hyundai’s efforts to adapt to changing trade policies.
Cardano founder Charles Hoskinson criticized Ripple’s XRP model, comparing it to Tether’s strategy. He argued that XRP holders do not benefit from Ripple’s profits, citing Ripple’s $1.2 billion Hidden Road acquisition as an example. Hoskinson emphasized that XRP holders have no ownership stake in Ripple’s earnings or acquisitions, highlighting concerns about the distribution of Ripple’s financial activities.
Ben Kovler, CEO of Green Thumb Industries, highlighted the need for federal cannabis rescheduling, which could instantly transform the $30 billion industry. Speaking on Bloomberg Open Interest, he emphasized that outdated regulations hinder access to capital and research, and that reform could unlock significant growth opportunities, especially benefiting veterans and expanding consumer demand.
Novonor has signed an agreement to sell its controlling stake in Brazilian petrochemicals firm Braskem SA to a fund backed by IG4 Capital. This move advances the sale process, which is part of Novonor’s efforts to restructure and address financial challenges. The deal marks a significant step in the ongoing transaction involving Braskem’s ownership.
In 2025, the private market secondaries sector experienced a record year, becoming a mainstream component of institutional investing. Todd Miller of Jefferies highlighted that liquidity demand and the trading of older private equity assets at steep discounts are key drivers of this growth. The market's expansion reflects its increasing importance in the broader macro-finance landscape.
The Justice Department is increasing scrutiny of the agriculture industry amid rising food prices and affordability concerns in the U.S. As farmers and ranchers face higher costs, the DOJ aims to address the surge in prices for staples like beef and eggs, reflecting broader macroeconomic pressures impacting the sector and consumers. The investigation signals heightened regulatory attention on agricultural market dynamics.