New Broadridge portal automates and transforms the MBS Trade Assignment Process
October 04, 2018 BY Valentina Kirilova

FINCA International launches FINCA Forward fintech platform

FINCA International, in partnership with USAID's Partnering to Accelerate Entrepreneurship (PACE) Initiative, has announced the launch of FINCA Forward, an innovation platform facilitating collaboration between early-stage financial technology (fintech) enterprises and microfinance institutions supporting the world's poor. Through FINCA Forward, FINCA International embraces the vital role of small and growing fintech businesses in driving economic…

Read more
acquisition
October 04, 2018 BY Valentina Kirilova

Intercontinental Exchange completes acquisition of MERS

Intercontinental Exchange, Inc. (NYSE:ICE) has announced it has acquired the remaining equity of MERSCORP Holding, Inc., owner of Mortgage Electronic Registrations Systems, Inc. (MERS). ICE has owned a majority equity interest in MERS since 2016. Price and terms of the transaction were not disclosed and will not be material to ICE’s earnings or have an…

Read more
fca warning
October 04, 2018 BY Valentina Kirilova

FCA warns against WiseBanc firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company WiseBanc. WiseBanc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

Read more
Thomson Reuters (NYSE:TRI)
October 04, 2018 BY Valentina Kirilova

Thomson Reuters announces early tender results for Debt Tender Offer

Information giant Thomson Reuters (NYSE: TRI) has announced early tender results for its previously announced cash tender offer (the "Tender Offer") to purchase up to an aggregate principal amount of US$650 million (the “Maximum Amount”) of debt securities listed in the table below (collectively, the "Notes"). As more than the Maximum Amount of Notes was…

Read more
October 04, 2018 BY Valentina Kirilova

Broadridge names Les Turner Vice President, Investor Communication Solutions International

Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has appointed Les Turner as Vice President, Investor Communication Solutions International. As part of a management role focused on operations and client service within Broadridge’s global proxy business, Turner will work closely with product, sales and account management teams. He is based in London and…

Read more
US oil index is prime
October 04, 2018 BY Valentina Kirilova

SPIMEX and S&P Global Platts team up to develop new oil benchmarks

Saint Petersburg International Mercantile Exchange (SPIMEX) and S&P Global Platts, a division of S&P Global, have announced that they have signed a memorandum of understanding (MoU) at the Russian Energy Week 2018, held in Moscow. Under its terms, the parties agree to work on the development of pricing mechanisms for exported Russian crude oil including…

Read more
October 04, 2018 BY Valentina Kirilova

Shanghai & New Zealand exchanges sign MoU

The Shanghai Stock Exchange (SSE) and New Zealand’s Exchange (NZX) have announced that they have signed a Memorandum of Understanding (MOU). The memorandum was drafted in recognition of the friendship and close economic relationship between New Zealand and the People’s Republic of China, and it is NZX’s desire to align with the ‘One Belt One…

Read more