Category: Institutional

In a press release Monday, the company said the move aims to transform fixed income markets through enhanced data and execution services. The London-based markets infrastructure firm stated it would integrate Neptune’s real-time bond data platform with Liquidnet’s electronic credit trading capabilities.  The combined entity will provide a full-service D2C credit offering, connecting buy-side and…

The move marks a step forward in the global expansion of the credit default swap (CDS) clearing platform. LCH CDSClear, operated by LSEG, is said to offer the broadest range of CDS products of any credit central counterparty (CCP) globally.  RBC’s membership will allow the bank, a market maker in both European and US CDS…

In a statement, Alpha’s board confirmed it had recently held talks with Corpay and believes it is in shareholders’ best interests to remain engaged with the payments and risk management firm. Under UK takeover rules, Corpay was required to either make a firm offer or walk away by 5 p.m. on 30 May.  However, following…

Under the terms of the deal, announced in February 2024, Discover shareholders received 1.0192 Capital One shares for each Discover share, representing a 26.6% premium.  “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences,” said Capital One CEO Richard Fairbank.  “We are well-positioned to continue our…

Net income increased 35% to $71.7 million, while diluted earnings per share rose 29% to $1.41. Executive Vice Chairman Sean O’Connor credited the gains to “solid performance across a wide range of our products and segments,” citing increased market volatility and strong client engagement as positive drivers.  Return on equity rose to 15.7%, up from…