July 08, 2016 BY Valentina Kirilova

Claire Milne is the new Non-Executive Director of Playtech

Playtech (LSE: PTEC) has just announced the appointment of Claire Milne as an independent Non-Executive Director with immediate effect. Milne will join Playtech's Remuneration Committee, Risk & Compliance Committee, Audit Committee, and Nominations Committee. Claire Milne joins the Board as a recognised industry expert in eGaming and technology law and regulation, with 20 years' experience advising gaming…

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July 08, 2016 BY Valentina Kirilova

Brexit aftermath: Consumer Confidence Crashed

British consumers saw their confidence in the UK's economy fall at the sharpest rate in almost 22 years after the vote to leave the European Union. According to latest market research from Gfk, consumer confidence in the UK fell by 8 points to minus 9, a plunge not seen since December 1994. The Gfk survey…

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July 08, 2016 BY Mike Fox

Bitcoin exchange Coinbase gets $10.5 million injection from BTMU

Bitcoin exchange operator and service provider Coinbase just announced that they have formed a strategic partnership with Bank of Tokyo-Mitsubishi UFJ (BTMU) to support Coinbase's long-term international expansion efforts. BTMU is the largest bank in Japan and a subsidiary of the Mitsubishi UFJ Financial Group (MUFG). Additionally, BTMU, Mitsubishi UFJ Capital (MUCAP), and Sozo Ventures have jointly made a strategic investment…

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July 08, 2016 BY LeapRate Staff

IG Group adds ex Tullett Prebon exec Paul Mainwaring as CFO

Online brokerage leader IG Group Holdings plc (LON:IGG) has filled the hole in its management ranks, created earlier this year when its longtime CFO Christopher Hill left the company to become CFO of investments and pension savings provider Hargreaves Lansdown PLC (LON:HL). Following Mr. Hill's departure IG had hired Deloitte partner (and head of Deloitte's Investment Management…

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July 08, 2016 BY Valentina Kirilova

CSA publish consultation paper on Margin and Collateral Requirements for Non-Centrally Cleared Derivatives

The Canadian Securities Administrators (CSA) has published for comment CSA Consultation Paper 95-401 Margin and Collateral Requirements for Non-Centrally Cleared Derivatives. The Consultation Paper proposes a framework for the calculation and exchange of margin and collateral relating to non-centrally cleared derivatives. Louis Morisset, Chair of the CSA and President and Chief Executive Officer of the…

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