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UK Financial Conduct Authority: Review Of Rules Extending SME Access To The Financial Ombudsman Service
Date 24/10/2023
Following the introduction of our rules extending access to the Financial Ombudsman Service for more small and medium-sized enterprises (SMEs) in 2019, we have concluded our review of their appropriateness.
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Finansinspektionen: Insurance Against Fines And Administrative Sanction Fees
Date 24/10/2023
In this document, FI states its position on whether the provision of insurance against fines and administrative sanction fees is consistent with good insurance standards.
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Trading Technology Demand Drives Four New Hires At Devexperts
Date 24/10/2023
Devexperts, a software solutions provider to financial firms, has announced today that its London team has expanded, with four new senior hires. Paul Tavares, Brian James, Michael Ambite and Heetesh Rawal will be instrumental in servicing clients and driving development based on client needs, bringing a wealth of industry expertise and skills.
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Fiserv Reports Third Quarter 2023 Results
Date 24/10/2023
- GAAP revenue growth of 8% both in the quarter and year to date;
- GAAP EPS increased 108% in the quarter and 32% year to date;
- Operating cash flow increased 19% to $3.57 billion year to date;
- Organic revenue growth of 12% in the quarter and 11% year to date;
- Adjusted EPS increased 20% in the quarter and 16% year to date;
- Free cash flow increased 29% to $2.72 billion year to date;
- Company raises 2023 organic revenue growth outlook to 11%
- and raises adjusted EPS outlook to $7.47 to $7.52
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ESMA Finds Natural Gas Futures Markets Functioned Appropriately During The August 2022 Price Surge
Date 24/10/2023
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a study on the record surge in prices in European natural gas futures markets in August 2022. Natural gas derivative markets came into the spotlight with the Russian invasion of Ukraine, which drove uncertainty and later led to falls in Russian supplies.
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ECI Partners Welcomes Louis Jans To Its Investment Team
Date 24/10/2023
ECI Partners, the leading growth-focused mid-market private equity firm, has welcomed Louis Jans to its team as Investment Associate. Louis’ role will involve originating and working on new investments, as well as supporting management teams in the ECI portfolio.
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Anticipation Of A Spot Bitcoin ETF Prompts Further Inflows - CoinShares - Fund Flows
Date 24/10/2023
- Digital asset investment products saw inflows for the 4th consecutive week totalling US$66m. Total AuM has now risen to US$33bn.
- While the most recent inflows are likely linked to excitement over a spot bitcoin ETF launch in the US, they are relatively low in comparison to June announcements, suggesting more caution from investors this time round.
- Solana saw a further US$15.5m inflows last week, bringing year-to-date inflows to US$74m (47% of AuM) — making it the most popular altcoin this year so far.
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Higher Oil Prices Widen Disparities In Financial Outlook Within Energy Sector - Profits Boost For Fossil Fuel Companies As Renewable Energy Sector Lags Behind
Date 24/10/2023
Higher oil prices, stoked afresh by the conflict in the Middle East, are benefiting oil and gas company finances as prospects dim for renewable energy companies, aggregated data compiled by Credit Benchmark show.
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ETFGI: Retail Investors In South Korea Increased Their Use Of Overseas ETFs During September
Date 24/10/2023
During the month of September, 24 of the top 50 overseas stocks (including ETFs and ETNs) purchased by Korean retail investors were ETFs/ETNs, this is an increase from August when 19 overseas ETFs/ETNs were on the list. (source, Korea Securities Depository).
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Vantage UK Announces Collaboration With Bloomberg Media Studios For Inaugural "The Vantage View" Video Series
Date 24/10/2023
Vantage (or Vantage Markets), an award-winning multi-asset broker, is excited to announce its collaboration with Bloomberg Media Studios to introduce a captivating and insightful video series called "The Vantage View". This collaboration brings together the expertise of Vantage Markets and the renowned credibility of Bloomberg Media, creating a unique series of in-depth analysis on key trends and outlooks within the economic landscape.
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