News Centre

Openness To Innovation The Clearest Indicator Of Success For British SMEs

Date 22/09/2020

• 76% of UK’s top performing small businesses regularly consider ways to improve their products and services
• In comparison, only 40% of the weakest performing businesses do the same
• New findings come as part of an independent, holistic study into small business success, commissioned by Allica Bank to support British businesses

HKEX: Forfeiture Of Unclaimed Interim Dividend For 2014

Date 22/09/2020

On 7 August 2020, Hong Kong Exchanges and Clearing Limited (“HKEX”) announced that, pursuant to HKEX’s Articles of Association, the interim dividend for 2014 of HK$1.83 per share, payable on 22 September 2014 and remaining unclaimed on 22 September 2020, would be forfeited and would revert to HKEX. Accordingly, the unclaimed interim dividend for 2014 amounting to HK$10,729,940.43 is forfeited and reverts to HKEX today.

SIX White Paper - Future Of Billing: The Digital Transformation Of Invoicing

Date 22/09/2020

Switzerland is the country of payment slips, but their days are numbered – QR-bill and eBill are the successors. The way in which invoices are issued is also changing dramatically. The new SIX white paper on the “Future of Billing” provides guidance on this issue.

BCS GM Hires New Global Head Of Equities From Citigroup

Date 22/09/2020

BCS Global Markets (BCS GM) has announced the appointment of new Global Head of Equities, Alexei Bolshakov.

BNP Paribas Asset Management Recognised By InfluenceMap As A Leader In Sustainable Finance Policy Engagement

Date 22/09/2020

BNP Paribas Asset Management (‘BNPP AM’), together with its parent, the BNP Paribas Group, was among a small number of financial institutions that stood out for their ambitious policy, according to InflunceMap’s recent report entitled ‘An Analysis of Lobbying on EU Sustainable Finance Policy’.

Reech Corporations Group Launches Odysseus Investments - Former Head Of Global Principal Investments At Bofa Merrill Lynch Adam Battersby Appointed As CEO - New Growth Investment Arm Will Focus On Finance And Technology Sectors, Investing Capital To Drive Digitisation Of Traditional Sectors

Date 22/09/2020

Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new growth investor – Odysseus Investments. The  business will be headed up by Adam Battersby, formerly Head of Global Principal Investments at BofA Merrill Lynch.

Spectrum Markets Announces Partnership With Economist Marc Touati

Date 22/09/2020

Spectrum Markets, the pan-European trading venue for securitised derivatives, has entered into a partnership with French economist and book author Marc Touati.

SGX And National Stock Exchange Progress On NSE IFSC-SGX Connect

Date 22/09/2020

Singapore Exchange (SGX) and National Stock Exchange (NSE) have entered into a formal agreement to cement the key terms for operationalising the NSE IFSC-SGX Connect which will bring together international and Gujarat International Finance Tec-City (GIFT) participants to create a bigger liquidity pool for Nifty products in GIFT City. Both NSE and SGX will also withdraw the arbitration proceedings.

Worldline And Unwire Join Forces To Transform The Way We Use Public Transport - The Resulting Mobility As A Service Solution Will Be Usable Throughout All Mobility Services Within A City Or A Region

Date 22/09/2020

Worldline [Euronext: WLN], the European market leader in payment and transactional services, has announced a strategic cooperation with Unwire, a Danish Fintech and Mobility as a Service company, to accelerate innovative digital payment technology in transportation. The partnership will broaden Worldline’s Mobility as a Service (MaaS) capabilities across the UK and Ireland as well as the rest of Europe.

Joint Venture illimity-Fabrick (Sella Group) In The Fintech HYPE With 3 Million Customers Target

Date 22/09/2020

The Boards of Directors of illimity Bank S.p.A. (“illimity”), Banca Sella Holding S.p.A. (“Banca Sella Holding”), Fabrick S.p.A. (“Fabrick”) and Hype S.p.A. (“HYPE”), held yesterday, approved the agreement for the entrance of illimity in HYPE, thus giving rise to a Joint Venture equally owned by illimity and Fabrick (until now holding 100% of HYPE shares and, in turn, controlled by Banca Sella Holding S.p.A).