Category: Institutional

July 21, 2017 BY Valentina Kirilova

Endo International restructures manufacturing network

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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July 21, 2017 BY Valentina Kirilova

Klarna and Permira announce strategic equity investment

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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CLS launches same-day FX settlement service, J.P. Morgan and Goldman Sachs to try it first
July 21, 2017 BY Valentina Kirilova

CLS Group June average daily traded volume up 6% MoM

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of June 2017. The average daily traded volume submitted to CLS was USD1.64 trillion up 6% from USD1.55 trillion in May 2017.   June 2016 May 2017 June 2017 Average daily traded…

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July 20, 2017 BY Valentina Kirilova

Nordic Capital divests payments company Bambora to Ingenico Group

Nordic Capital Fund VIII announced that has signed an agreement to divest global payment company Bambora to Ingenico Group (EPA:ING) for an Enterprise Value of approximately EUR 1.5 billion. Less than three years after its start-up, Bambora is now an industry innovator with a compelling position in the global payments industry. Nordic Capital and the management team…

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July 20, 2017 BY Valentina Kirilova

SFC signs MoU with FCA on enhanced supervision of Cross-Border Regulated Entities

The Hong Kong Securities and Futures Commission (SFC) has entered into a memorandum of understanding (MoU) with the UK Financial Conduct Authority (FCA) providing for consultation, cooperation and exchange of information in connection with the supervision and oversight of regulated entities that operate on a cross-border basis in Hong Kong and the United Kingdom. The…

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July 19, 2017 BY Valentina Kirilova

OeKB extends usage of Quantifi for enterprise market risk

Quantifi, a provider of risk, analytics and trading solutions, today announced that Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) has extended its usage of Quantifi for enterprise market risk. Established in 1946, OeKB is Austria's main provider of financial and information services to the export industry and capital markets. In 2015, OeKB selected Quantifi as its front-to-middle office…

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July 19, 2017 BY Valentina Kirilova

Wall Street Horizon expands corporate event dataset with major European and Asian Index companies

Addition sees clients get Enchilada’s full 40+ corporate event datasets for FTSE 100, CAC 40, DAX30, Hang Seng 50, Nikkei 225, EAFE and Dow Jones STOXX 1000 constituent companies Wall Street Horizon, an alternative data provider specializing in corporate event intelligence, today announced the expansion of its global dataset to include nearly 1,000 new companies.…

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Bank of China (UK) Limited joins LCH’s SwapClear
July 19, 2017 BY Valentina Kirilova

LCH’s CDSClear launches CDX high-yield clearing

LCH, a global clearing house, announced that has extended its CDSClear service to offer clearing for the CDX North American High Yield index. This latest addition to LCH’s credit derivatives clearing service follows the launch of clearing for the CDX North American Investment Grade index at LCH in 2016. LCH is the first European CCP…

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acquisition
July 18, 2017 BY Valentina Kirilova

BGC Partners to acquire 100% of Berkeley Point Financial LLC

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company servicing the financial and real estate markets, today announced that it has agreed to acquire Berkeley Point Financial LLC. Berkeley Point is a commercial real estate finance company focused on the origination and sale of multifamily and other commercial real estate loans through government-sponsored and government-funded…

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