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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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…
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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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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 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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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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Forex trading platform developer MetaQuotes just announced that the recent version of the MetaTrader 5 HFT platform (build 1627) features custom financial instruments. With this new option, traders are able to add any symbol, configure its settings, import their price data to the symbol and view its chart. The upcoming platform versions will be able…
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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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C5 Capital Limited (C5), the investment specialist firm focused on cloud computing, cyber security and big data analytics, announced today that it has appointed Robert Quirke as Chief Financial Officer. Originally from South Africa, Robert Quirke joins C5 having previously held positions at Investec Asset Management in London, as well as Credit Suisse and KPMG.…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has provided the following trading update for the first six months of 2017. The Company expects to announce its interim results for the period ending 30 June 2017 on 12 September 2017. Trading in the first half of the year has been solid. The performance…
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