ASIC just announced that has banned Mr Ramana Rao of Heathpool, South Australia, from providing financial services for three years because he was not adequately trained or competent and demonstrated a lack of professionalism, judgement and integrity when advising some of his SMSF clients. ASIC found that Mr Rao had advised one of his clients…
Read more
Moscow Exchange (MOEX) informed that on 27 November 2017 the new name of the Russian stock market benchmark – MOEX Russia Index – officially came into effect. The index was formerly known as the MICEX Index. The new name will support increased brand recognition for MOEX and a more cohesive awareness of Moscow Exchange and…
Read more
Information Publishing PLC has announced the acquisition of CapitalTrack, a data provider of Floating Rate information to the Fixed Income market. We are pleased to welcome the CapitalTrack clients, suppliers and team into the Information Publishing PLC family, and to be adding their first-class database – covering Floating Rate, Asset Backed and Structured Securities markets…
Read more
Russian financial market operator Moscow Exchange has announced that, effective today November 27, 2017, the new name of the Russian stock market benchmark – MOEX Russia Index – officially came into effect. The index was formerly known as the MICEX Index. The new name will support increased brand recognition for MOEX and a more cohesive…
Read more
Bitcoin is breaking all-time highs almost every week now, and the new future may see bitcoin at $10,000, some say even by the end of this week. The factors underlying this jump in price may be several. As bitcoin is still considered a "bubble", with every "re-branding" of the currency, and each upcoming split, the…
Read more
Chubb Limited (NYSE: CB) today announced that it has entered into a strategic cooperation agreement with PICC Property & Casualty Company of China that will leverage Chubb's global capabilities in support of PICC's customers and other Chinese-affiliated companies around the world in line with the Chinese government's drive to promote the country's "Going Out" and…
Read more
Shares of Global Brokerage Inc (NASDAQ:GLBR) continued their slide into oblivion late last week, with GLBR down another 30% on Friday after US trading continued following the one day Thanksgiving break. After initially barely reacting following the announced plans of the company two weeks ago to reorganize under Chapter 11, Global Brokerage – which owns 50% of…
Read more
PNC Bank today announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology, pharmaceutical and medical device sectors. Among its more than 30 professionals, Trout holds key relationships with global…
Read more
Securities Commission Malaysia (SC) informed that it has obtained from the High Court a judgment against three defendants for insider trading involving the shares of Axis Incorporation Bhd (Axis). Koh Tee Jin, a former director of Axis, was declared to have breached section 188 (3)(a) of the Capital Markets and Services Act 2007 (CMSA) when…
Read more
BNP Paribas Asset Management (BNPP AM) announces the appointment of Philip Dawes as Head of Institutional Sales for the UK & Ireland. He joined on 20 November and is based in London, reporting to Charles Janssen, Head of Institutional Sales for Europe. In this newly-created role, Philip Dawes will be responsible for developing BNPP AM…
Read more