During the season, AC Milan and ROinvesting will launch a series of digital campaigns around the world allowing clients and fans to experience football in “rossonero” style. ROInvesting has also joined AC Milan and the Milan Foundation in their fight against the coronavirus by donating close to 50,000 euros.
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The bank set out to buy unlimited amount of government bonds by abandoning loose guidance to buy them at an annual pace of ¥80 trillion. The statement said: “The BOJ will purchase necessary amounts of government bonds without setting an upper limit.” The bank pledged to buy government bonds and short-term securities to keep the…
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FTSE climbs, Tesco begins laying off temporary workers London-listed stocks mirrored the US with a positive start to the week yesterday, with the FTSE 100 and FTSE 250 rallying by 1.6% and 1.7% respectively. Chancellor Rishi Sunak told Parliament that small businesses will get access to 100% taxpayer-backed loans of up to £50,000 that they…
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Other highlights of 2019 include: Establishing a Central Bank of Ireland regulated entity in Dublin as the European Headquarters to ensure client continuity post Brexit. Expansion of Marex Solutions, the corporate hedging and structured notes business. The division marked a 168% increase in net revenue to $18.8 million, The company received S&P Global Ratings endorsement,…
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For its current clients, IS Prime can move positions in its existing US and UK spot indices into the new products. Jonathan Brewer, Managing Partner at IS Prime commented: Many brokers have not recognised the truly catastrophic effect that negative rates can have on them. Individual retail brokers could face losses in the hundreds of millions…
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Alan Marquard, Chief Business Development Officer, CLS, commented: We are delighted to welcome Keith to CLS. He has extensive product management and business development experience and a proven track record of delivering complex industry solutions. In his role at CLS, he will empower our clients’ success by delivering products that address their changing requirements in…
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Foreign-held US dollar debt At the end of January, the Bank of International Settlements published its global liquidity indicators for the period ending in September of 2019. It showed that US dollar debt held by non-bank borrowers had grown by 5% year-on-year to a total of $12.1 trillion. Of this sum, $3.8 trillion was held…
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FTSE 100: -1.3% Friday, -23.7% YTD (-0.6% last week) FTSE 250: -1.1% Friday, -28.3% YTD (-1.1% last week) What to watch Keurig Dr Pepper: Keurig Dr Pepper is the firm behind brands including Krispy Kreme, 7Up and Evian. The firm’s share price is down 9.2% year-to-date, meaning it is performing better than the broader market.…
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EUROPEAN SHARES European share markets edged higher on Monday, with investors catching up with last week’s late rally on Wall Street and market sentiment being boosted over the weekend. The main good news came on the virus front after Italy, France and Spain registered significantly lower deaths as well as new cases, which paves the…
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Tradition also reported consolidated adjusted revenue at was CHF 303.5m for Q1, 20% up from the same period in 2019 when it was CHF 263.6m in 2019. The adjusted revenue from interdealer broking business (IDB) marked an increase of 20.1% in constant currencies and the forex trading business for retail investors in Japan (Non-IDB) presented…
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