ASIC announced that has permanently banned Ms Thuy Thi VU, a former finance analyst in Darwin, NT from the credit and financial services industries. Ms Vu, a former finance analyst in the Darwin branch of Alldrive Holdings Pty Ltd, trading as United Financial Services (WA), was convicted on nine charges of submitting false or misleading…
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Integrated Asset Management Corp. (TSE:IAM) and its private corporate debt group, IAM Private Debt Group (PDG), announced the closing of a senior loan to Shaman Power Corporation. The capital raised by Shaman Power Corporation will assist in the construction of a one megawatt hydroelectric generation facility located on the Grand River in downtown Elora, Ontario.…
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Endo International plc (NASDAQ: ENDP) today announced that after completing a comprehensive review of its manufacturing network, the Company will be ceasing operations and closing its manufacturing and distribution facilities in Huntsville, Alabama. The closure of the facilities is expected to take place over the next 12 to 18 months. The Huntsville location has been…
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On 19 July 2017, the Moscow Exchange Index Committee agreed amendments to the calculation methodology for the MOEX indices, which reflected increased liquidity requirements for constituent stocks and an option for a variable amount of securities in the index. According to the updated methodology, the liquidity factor, i.e. the ratio of the annual trading volume…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Oxford Capital Partners. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today published its first Enforcement Newsletter. The newsletter will be published twice a year, and will include news and updates on the enforcement work undertaken by the Exchange. This issue covers the first six months of 2017…
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The Securities and Exchange Commission (SEC) has announced that is giving away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank, Bloomberg shared yesterday. The…
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BNP Paribas Asset Management (BNPP AM) announced the appointment of Sandro Pierri as Global Head of Client Group, its worldwide Sales and Marketing organisation. Sandro Pierri will report to Frédéric Janbon, BNPP AM’s Chief Executive Officer, and will be a member of the firm’s Executive Committee. He will join BNPP AM in September 2017 and…
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Singapore Exchange (SGX) announced that today has welcomed Union Gas Holdings Limited to Catalist under the stock code “1F2”. Union Gas Holdings Limited is an established provider of fuel products in Singapore, with a strong heritage of over 40 years and trusted brand names “Union” and “Cnergy” under its management. It is one of the…
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Klarna Bank AB just announced that an investment partnership advised by Permira will acquire a strategic equity stake in the company. Klarna a fast growing bank, providing easy to use payment solutions and currently serving 60 million consumers and 70.000 merchants. Permira is a global investment firm which advises funds and accounts with a total…
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