News Centre

SEC Charges CEO And Company With Defrauding First Responders And Others Out Of Millions

Date 30/07/2020

The Securities and Exchange Commission today announced charges against a San Antonio-area businessman and his company for running a multimillion-dollar fraudulent scheme that victimized scores of investors, many of them retired San Antonio police officers and other first responders.

EBA Updates On 2021 EU-Wide Stress Test Timeline, Sample And Potential Future Changes To Its Framework

Date 30/07/2020

The Board of Supervisors (BoS) of the European Banking Authority (EBA) agreed on the tentative timeline and sample of the 2021 EU-wide stress test. The exercise is expected to be launched at the end of January 2021 and its results to be published at the end of July 2021. 

The Board Of Directors Of BME Appoints Jos Dijsselhof As New Chairman

Date 30/07/2020

• David Jiménez-Blanco, former Lead Independent director of the company, is appointed new non-executive Deputy Chairman of BME and incoming non-executive Chairman of the Madrid Stock Exchange
• All agenda items were approved at the Extraordinary General Meeting of BME, held today in Madrid
• The number of directors is reduced to 6
• Eduardo Ansaldo to be appointed Chairman of the Barcelona Stock Exchange and Jorge Yzaguirre Chairman of Sociedad de Bolsas

Global X ETFs Releases New Telemedicine & Digital Health ETF Tracking ARTIS®-based Solactive Index

Date 30/07/2020

Digitization continues to permeate many areas of society’s everyday life. The healthcare sector is a prime example of this trend, as a historically localized and analog industry increasingly adopts digital solutions to improve health outcomes and reduce costs. To capture the growth potential associated with this theme, Global X ETFs is introducing the Telemedicine & Digital Health ETF (EDOC), which includes companies both providing or are affiliated with digital medical services and digital healthcare.

EBA Sees First Impact Of COVID-19 Materialising In EU Banks’ Q1 Data

Date 30/07/2020

The European Banking Authority (EBA) published today its quarterly Risk Dashboard together with the results of the Risk Assessment Questionnaire (RAQ). The updated data shows that the impact of COVID-19 was mainly reflected in a contraction of banks’ capital ratios and profitability, the cost of risk increased, whereas non-performing loans (NPL) ratios remained stable, confirming that the impact of the pandemic on asset quality can be delayed. The EBA also published a thematic note on leveraged finance, which highlights that the expansion of this market segment in recent years has come along with a significant easing of credit standards.

CFTC Market Risk Advisory Committee Approves Subcommittee’s Single-Step Transition Recommendations At Public Meeting

Date 30/07/2020

The Commodity Futures Trading Commission’s Market Risk Advisory Committee (MRAC) approved recommendations regarding the scheduled October 2020 transition of discounting and price alignment interest for certain products to the secured overnight financing rate (SOFR), otherwise known as the “Single-Step Transition,” at its July 21, 2020 public meeting.  Commissioner Rostin Behnam is the sponsor of MRAC. 

The Bank Of England Appoints Accenture As The Technology Delivery Partner For The Real Time Gross Settlement Service Renewal Programme

Date 30/07/2020

The Bank of England will work with Accenture to develop and build this new world class payments service.

Intercontinental Exchange Approves Third Quarter Dividend Of $0.30 Per Share

Date 30/07/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today a $0.30 per share dividend for the third quarter of 2020, which is up 9% from the $0.275 per share dividend paid in the third quarter of 2019. The cash dividend is payable on September 30, 2020 to stockholders of record as of September 16, 2020. The ex-dividend date is September 15, 2020.

IMF Executive Board Approves New Central Bank Transparency Code

Date 30/07/2020

On July 2nd, the Executive Board of the International Monetary Fund (IMF) approved the new IMF Central Bank Transparency Code (CBT). The development of the CBT follows on the Board’s direction in April 2019 to update the 1999 Monetary and Financial Policies Transparency Code, and bring it in line with the recommendations of the 2017 Joint Review of the Standards and Codes Initiative, indicating the need for risk-based assessments to support policy effectiveness and address macroeconomic risks.

Intercontinental Exchange Reports Strong Second Quarter 2020

Date 30/07/2020

• Second quarter revenues of $1.4 billion, +8% y/y
• GAAP diluted EPS of $0.95, +13% y/y
• Adj. diluted EPS of $1.07, +14% y/y
• Operating margin of 53%; Adj. operating margin of 59%
• Operating income +10% y/y; Adj. operating income +8% y/y
• Through June 30, 2020, returned $1.4B to stockholders