Category: Financial Services

April 20, 2018 BY Valentina Kirilova

Singapore Exchange welcomes SLB Development Ltd to Catalist

Singapore Exchange (SGX) today welcomed one more company, SLB Development Ltd, to its Catalist under the stock code “1J0”. SLB Development Ltd is a property developer with 17 years’ experience in Singapore, covering a broad spectrum of projects from small to large-scale residential, mixed-use, industrial and commercial properties. Through a joint venture participation in the…

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April 20, 2018 BY Valentina Kirilova

Serviceware SE listed on Frankfurt Stock Exchange

Serviceware SE (ISIN: DE000A2G8X31) has become the next company to go public on the Frankfurt Stock Exchange today, Deutsche Börse has announced earlier. The shares in the software company from Bad Camberg, Hesse, were listed in the Prime Standard and opened trading at €24.005 following an issue price of €24.00. The total placement volume was…

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April 20, 2018 BY Valentina Kirilova

Moscow Exchange signs MoU with Shanghai Gold Exchange

Moscow Exchange (MOEX) announced that it has signed a Memorandum of Understanding (MOU) with Shanghai Gold Exchange (SGE). The agreement aims to promote cooperation between China and Russia in the sphere of gold exchange trading. The signing ceremony with Igor Marich, Managing Director of Money and Derivatives Markets, member of MOEX Executive Board, and Song…

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April 20, 2018 BY Valentina Kirilova

Chairman of Australia’s largest wealth manager resigns following lying and overcharging scandal

Australia’s government is shocked by bank wrongdoing, as AMP Ltd. (ASX:AMP) has deliberately misled regulators over charging customers for services they didn’t receive. Meanwhile Commonwealth Bank of Australia  (ASX:CBA) has collected fees from dead people, in one case for more than a decade, Bloomberg has informed earlier. AMP Chief Executive Officer Craig Meller announced that…

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April 20, 2018 BY Valentina Kirilova

SGX welcomes Asian Healthcare Specialists Limited to Catalist

Singapore Exchange (SGX) announced that it has welcomed Asian Healthcare Specialists Limited to its Catalist under the stock code “1J3”. Asian Healthcare Specialists Limited is a healthcare service provider, specialising in a wide spectrum of general and sub-specialised orthopaedic, trauma and sports services such as knee and hip replacements, sports medicine and surgery, spine surgery,…

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April 20, 2018 BY Valentina Kirilova

FCA warns against Sovereign Wealth Preservation clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sovereign Wealth Preservation. 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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April 19, 2018 BY Valentina Kirilova

STOXX and RiskFirst to launch LDI indices

STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, announced today the launch of the new iSTOXX RiskFirst LDI index family. This new offering has been jointly developed with RiskFirst, the UK’s leading provider of risk analytics and reporting solutions to the defined benefit…

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April 19, 2018 BY Valentina Kirilova

Luxembourg regulator CSSF warns against Luxembourg Offshore Banking

The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named Luxembourg Offshore Banking. The company is operating via website: http://www.luxosb.com, and claims to be established in Luxembourg. The CSSF has informed the public that the entity named Luxembourg Offshore Banking has not been granted any…

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April 19, 2018 BY Valentina Kirilova

OSC jails individual for securities fraud

The Ontario Securities Commission (OSC) has announced today Mr. Sydney Lederman of Toronto, Ontario, was sentenced to 90 days in jail and three years of probation by Justice M. Wong at the College Park-Ontario Court of Justice on April 13, 2018. Following an investigation by the OSC’s Joint Serious Offences Team (JSOT) and prior to…

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