News Centre

Private Capital Specialist Holland Mountain Accelerates Global Expansion With Opening Of New York Office - Rapid Growth As Demand Increases For ATLAS Data Solution

Date 17/08/2021

Holland Mountain today announced the opening of its first North America office, reinforcing its commitment to the US market. The alternatives specialist provides the only industry-specific solution that brings private capital data into one place to create a 'single source of truth'.

US Secretary Of The Treasury Janet L. Yellen Op-Ed: “Biden's Infrastructure Plan Is A Down Payment On The Economy America Can – And Should – Have”

Date 17/08/2021

Today, Secretary of the Treasury Janet L. Yellen penned an op-ed in Yahoo Finance on the economic benefits of the bipartisan infrastructure legislation and the Biden-Harris Administration’s Build Back Better agenda.

BIS - Private Equity Buyouts And Firm Exports: Evidence From UK Firms

Date 17/08/2021

Summary

Focus

Private equity (PE) firms strongly affect the activities of companies which they acquire. After buyouts, target companies enjoy better access to finance and experience operational enhancements. Such improvements could help companies acquired by PE firms to increase their export activities. Ascertaining whether this is the case is important because reaching external markets brings many benefits both to corporates and to the economy as a whole.

XinFin’s XDC Network Selected As The First Blockchain Company To Join The Global Trade Finance Distribution Initiative - XDC Network Joins Major Transaction Banks, SME Funding Platforms, And Institutional Investors Committed To Accelerating The Digitisation Of Trade Distribution

Date 17/08/2021

SEC Charges Biopharmaceutical Company Employee With Insider Trading

Date 17/08/2021

The Securities and Exchange Commission today charged a former employee of California-based Medivation Inc. with insider trading in advance of Medivation's announcement that it would be acquired by pharmaceutical giant Pfizer Inc.

EBA Notes That Resolution Colleges Have Adjusted To A Virtual Set-Up In 2020

Date 17/08/2021

The European Banking Authority (EBA) published today its Annual Report on resolution colleges for 2020. The Report sets out the EBA’s observations on the functioning of colleges during the year and the progress achieved in key areas of resolution planning. The Report reflects on the effects of moving to a virtual format of discussion on foot of the pandemic, and notes that the enforced change was broadly successful and reflected well on contingency planning measures. However, it also highlights areas for improvement to ensure that information exchange and coordination between members remains robust.

ICE Mortgage Technology Enhances Encompass® Platform Enabling Lenders To Stay Ahead Of New Industry Rule - Latest Encompass 21.2 Release Supports Updated General Qualified Mortgage (QM) Final Rule

Date 17/08/2021

ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that the industry’s leading solution for mortgage lenders and correspondent investors released additional enhancements to the Encompass® platform. The Encompass 21.2 release supports the recently updated General Qualified Mortgage (QM) final rule enabling lenders to seamlessly calculate eligibility for QM loans using the new price-based thresholds which government sponsored enterprises (GSE) will require in order to sell loans to the secondary market.

TNS Extends Presence In Asia Pacific To 11 Countries

Date 17/08/2021

Transaction Network Services (TNS) has significantly expanded its low latency global backbone across the Asia Pacific region and now offers access to most Asian exchanges including major financial players such as Hong Kong Exchanges and Clearing (HKEX), Singapore Exchange (SGX) and Japan Exchange Group (JPX). 

Liverpool FC Launches New Partnership With ThinkMarkets

Date 17/08/2021

 Liverpool FC has welcomed global online trading broker, ThinkMarkets, as its new Official Global Trading Partner.

CI Global Asset Management Licenses Solactive Indices To Release Four Core ETFs

Date 17/08/2021

ETFs are increasingly becoming the incumbent in the global passive investment industry. In June 2021, global assets under management in index-tracking ETFs hit their new record of USD 8.66tn, which is merely USD 132bn short of assets in passive mutual funds. Building on the success of ETFs, CI Global Asset Management, a subsidiary of Toronto-based CI Financial Corp. (TSX: CIX, NYSE: CIXX), has licensed four Solactive indices to provide its clients three plain vanilla benchmark ETFs, including a broad Canada ETF, and two ETFs tracking the largest 500 and 1000 US companies, respectively. Furthermore, to allow investors to participate in the performance of global healthcare companies, CI Global Asset Management released an ETF tracking the leaders in global healthcare innovation.