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State Street Launches Front To Back Private Markets Solution - Agrees To Acquire Mercatus, Inc. To Offer Fully Integrated Platform For Growing Private Market Segments Including Infrastructure, Private Equity, Real Estate, Private Debt And Fund Of Funds

Date 21/07/2021

State Street Corporation (NYSE:STT) announced today that it has entered into an agreement to acquire Mercatus, Inc., a premier front-and-middle-office solutions and data management provider for private market managers. The transaction is expected to be completed in September subject to customary closing conditions. Financial terms are not being disclosed.

JPMorgan Chase Bank N.A.: BaFin Imposes Administrative Fine

Date 21/07/2021

On 19 July 2021, BaFin imposed an administrative fine amounting to 1,830,000 euros on JPMorgan Chase Bank N.A.

SEC Charges Retailer And Former CEO For Accounting, Reporting, And Control Failures

Date 21/07/2021

The Securities and Exchange Commission today announced that Fort Worth, Texas, specialty retailer Tandy Leather Factory Inc. and its former chief executive officer Shannon Greene have agreed to settle charges for accounting, reporting, and control failures that led to a multi-year restatement of the company’s financial statements.

Passive Investing And ETF Benchmark Transitions Drive Strong Growth In ICE’s Index Business

Date 21/07/2021

• ICE Expands its footprint with new fixed income, thematic and ESG-focused indices
• ETFs totaling $60 billion in AUM announce transitions to ICE Indices in 2021

ACER Analyses The National Gas Balancing Regimes Of The EU

Date 21/07/2021

The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today its latest Balancing Monitoring Report including a comparative performance assessment of the gas balancing zones of 22 Member States with the aim to assist National Regulatory Authorities for Energy (NRAs) and Transmission System Operators (TSOs) understand the strengths and weaknesses of each regime.

Emerging Prudential Lessons From The Covid Stress - Speech By Victoria Saporta, Bank Of England Executive Director, Prudential Policy, Given At A Bank Of England Webinar

Date 21/07/2021

Vicky Saporta reflects on the way in which the prudential rules we put in place after the 2008 financial crisis worked during the Covid pandemic.  

Nasdaq Announces Quarterly Dividend Of $0.54 Per Share

Date 21/07/2021

The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.54 per share on the company's outstanding common stock. The dividend is payable on September 24, 2021 to shareholders of record at the close of business on September 10, 2021. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

S&P Global Platts And ICE Issue Joint Paper And Open Market Consultations On The Evolution Of The Brent Complex

Date 21/07/2021

S&P Global Platts ("Platts"), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets, and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today published a joint white paper and launched simultaneous consultations on the evolution of the Brent complex, which includes Dated Brent, Cash Brent, and ICE Brent Crude Oil futures.

Nasdaq Reports Second Quarter 2021 Results - Delivers 21% Increase In Revenue Compared To Prior Year

Date 21/07/2021

• Second quarter 2021 net revenues1 were $846 million, an increase of 21% over the second quarter of 2020. Compared to the prior year period, Solutions segments2 revenues increased 26% while Market Services revenues increased 13%.
• Annualized Recurring Revenue (ARR)3 was $1,808 million in the second quarter of 2021, an increase of 22% from the prior year period.
• Second quarter 2021 GAAP diluted earnings per share of $2.05 increased 41% compared to $1.45 in the second quarter of 2020. Second quarter 2021 non-GAAP4 diluted earnings per share of $1.90 increased 23% from $1.54 in the second quarter of 2020.
• During the first six months of 2021, the company returned $579 million of cash to investors, including $410 million in share repurchases and $169 million in dividends.

FEAS Newsletter: July 2021

Date 21/07/2021

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