Japan's MUFG targets US for securitisation business, plans to boost headcount - Reuters

From fast food franchises to fitness chains, whole business securitisation (“WBS”) has transformed how businesses with predictable cash flows can access the capital markets. Unlike conventional securitisation, which isolates discrete pools of financial assets such as mortgage loans or trade receivables, WBS ring-fences the entire revenue-generating capacity of an operating business to support the issuance of rated debt securities. WBS originated in the United Kingdom in the mid-1990s, relying on a secured loan model. When WBS migrated to the United States in the early 2000s, it adapted to a fundamentally different bankruptcy regime. Because Chapter 11’s automatic stay and reorganisation framework does not afford secured creditors the unilateral enforcement rights available under UK administrative receivership, U. S. transactions typically involve an actual transfer of the business’s core revenue-generating assets to a bankruptcy-remote special-purpose vehicle (“SPV”) rather than relying on a secured loan model alone. Early U. S. deals were modest, generally between $25 million and $100 million, but the market has grown substantially.

CalgaryA Calgary family is giving thanks after they discovered an old box of Pokémon cards worth roughly $48,000 during Thanksgiving dinner.'It felt like a little bit of an answered prayer,' said Colleen LedeneListen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A forgotten batch of Pokémon cards has netted a Calgary family roughly $48,000 after they sold the box to a collectibles business in California. (submitted by Kirk Ledene)A Calgary family is giving thanks after they discovered an old box of Pokémon cards worth roughly $48,000 during Thanksgiving dinner. Kirk Ledene was visiting his parents on the holiday when his mother asked him to go through some of his old boxes left in the basement. He went down and found an old wooden box he'd made in shop class. Inside were some old hockey trophies as well as items he'd purchased at an auction house he worked at in the early 2000s. And buried amongst the long-neglected items was an unopened box of Pokémon cards. He brought the finds upstairs to show his kids.

Jeffrey Shmigelsky is alleging that extremely loud sound volume at the start of an Evanescence concert has given him permanent hearing loss

WorldEdward Dubrovsky, a Toronto-area cybersecurity exec arrested by the FBI amid a high-profile hacking probe, colluded with cybercriminals to extort money from his own clients, according to explosive allegations laid out by U. S. prosecutors. Edward Dubrovsky arrested earlier this month in Philadelphia amid FBI probe focused on ShinyHunters cyber-gangThomas Daigle · CBC News · Posted: Oct 23, 2026 7:23 PM EDT | Last Updated: 1 hour agoListen to this articleEstimated 5 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Canadian cybersecurity expert Edward Dubrovsky was charged earlier this month in a U. S. federal court with an extortion conspiracy offence and "interference with commerce by threats," according to a public docket. (Ed Dubrovsky/LinkedIn)A Toronto-area cybersecurity executive arrested by the FBI amid a high-profile hacking probe colluded with cybercriminals to extort money from his own clients, according to U. S. prosecutors. The explosive allegations laid out in a U. S.