Financials (TRBC)

NYSE-owner ICE to launch new fixed income ETF platform

NYSE-owner ICE to launch new fixed income ETF platform

Published 02/08/2018

(Reuters) - Intercontinental Exchange Inc is partnering with BlackRock Inc on a new fixed income exchange-traded fund execution platform to open next year, the owner [more…]

Deutsche Bank shifts euro clearing as post-Brexit landscape emerges

Deutsche Bank shifts euro clearing as post-Brexit landscape emerges

Published 30/07/2018

FRANKFURT/LONDON (Reuters) - Deutsche Bank (DBKGn.DE) has moved the clearing of a “large part” of new euro-denominated derivatives trades from London to Frankfurt, as financial [more…]

Facebook is sued after stock plunge ‘shocked’ market

Facebook is sued after stock plunge ‘shocked’ market

Published 27/07/2018

NEW YORK (Reuters) - Facebook Inc (FB.O) and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many [more…]

Wells Fargo looks to sell its Eastdil Secured real-estate division:…

Wells Fargo looks to sell its Eastdil Secured real-estate division:…

Published 26/07/2018

(Reuters) - Wells Fargo & Co (WFC.N) is exploring a sale of its Eastdil Secured real-estate division, the Wall Street Journal reported on Thursday, citing [more…]

China state-backed funds sit on their hands during stock market slump

China state-backed funds sit on their hands during stock market slump

Published 23/07/2018

SHANGHAI (Reuters) - China’s five state-backed mutual funds, launched during the 2015 crash to rescue the market, sat on their hands last quarter when shares [more…]

France’s Atos boosts U.S. presence with Syntel acquisition

France’s Atos boosts U.S. presence with Syntel acquisition

Published 23/07/2018

(Reuters) - French IT services company Atos (ATOS.PA) is boosting its North American operations with a $3.4 billion cash deal to buy Michigan-based IT services [more…]

BlackRock replaces Americas corporate governance leader

BlackRock replaces Americas corporate governance leader

Published 19/07/2018

BOSTON (Reuters) - Top asset manager BlackRock Inc (BLK.N) has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to [more…]

Ex-Point72 portfolio manager to launch macro hedge fund Entheos:…

Ex-Point72 portfolio manager to launch macro hedge fund Entheos:…

Published 18/07/2018

NEW YORK (Reuters) - Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro discretionary hedge [more…]

Britain’s May reasserts her authority after Brexit resignations

Britain’s May reasserts her authority after Brexit resignations

Published 10/07/2018

LONDON (Reuters) - British Prime Minister Theresa May moved to reassert her authority on Tuesday after two top cabinet members quit and launched broadsides against [more…]

Exclusive: Credit Suisse creates new anti-sexual harassment role

Exclusive: Credit Suisse creates new anti-sexual harassment role

Published 06/07/2018

ZURICH (Reuters) - Credit Suisse has carved out a new role to lead its handling of sexual harassment claims and examine group-wide policies, as Switzerland’s [more…]