News Centre

Investing In Financial Stability − Speech By Sarah Breeden, Bank Of Englasnd, Executive Director, Financial Stability Strategy And Risk, Given At The Insolvency Practitioners Association Annual conference

Date 27/04/2023

Sarah Breeden discusses why we monitor corporate debt given its impact on financial stability. She goes on to explain how the financial system can assist long-term productive investment and where it can do more to support business investment.

Moderation In All Things - Speech By Charlotte Gerken, Bank Of England, Executive Director, Insurance Supervision, Given At The 20th Annual Conference On Bulk Annuities

Date 27/04/2023

The Bulk Purchase Annuity (BPA) market is in a period of accelerated growth, and insurers may be tempted to over-indulge in new business in the short run. Charlotte Gerken outlines three areas where we are already seeing this in practice: 

Bank Of England: Jonathan Hall's CV And Questionnaire For The Treasury Select Committee

Date 27/04/2023

The Treasury Committee has today endorsed the reappointment of Jonathan Hall as an external member of the Bank of England’s Financial Policy Committee (FPC), publishing his CV and written questionnaire to MPs.

Temenos Named A Top Performer in Sustainalytics’ ESG Risk Rating Report - Temenos Recognized For Its Industry Leading ESG Risk Management

Date 27/04/2023

Temenos (SIX: TEMN) has been recognized as an industry-leading ESG performer by Sustainalytics for its exceptional work in reducing and managing ESG risks, achieving badges in both “ESG Industry Top Rated” and “ESG Regional Top Rated”.

London Stock Exchange Group plc: Result Of AGM

Date 27/04/2023

All resolutions proposed at the Annual General Meeting of the Company held on 27 April 2023 were passed by shareholders. Resolutions 1 – 21 were passed as Ordinary Resolutions and Resolutions 22 – 26 as Special Resolutions.

London Stock Exchange Group Annual General Meeting - Chair's Statement By Don Robert

Date 27/04/2023

Good morning, everyone. Welcome to London Stock Exchange Group’s Annual General Meeting.

FSB Statement To Encourage Final Preparations For The USD LIBOR Transition

Date 27/04/2023

The finish line for US dollar (USD) LIBOR transition at end-June 2023 is now less than three months away. There has been significant progress made to date, and market participants must continue to act in order to ensure an orderly transition and to support the foundations necessary for a sustainable and stable financial system going forward. Given the limited time ahead, the FSB stresses that it is critical that market participants act expeditiously to ensure that their legacy contracts are prepared to transition by end-June 2023.

Global Screening Services (GSS) Appoints Ruth Fletcher As Joint COO And CFO - Fletcher Joins GSS Having Previously Lead Operations And Finance At A Number Of Regtech And Finance Companies

Date 27/04/2023

Global Screening Services (GSS), a RegTech innovator focused on financial transactions screening, has today announced that Ruth Fletcher will be appointed COO and CFO of the business. Fletcher brings a wealth of experience in C-suite roles, on both sides of the regulatory fence, to the GSS team.

Dr Philipp Veit To head Stuttgart Financial

Date 27/04/2023

Dr Philipp Veit (36) has been appointed to head Stuttgart Financial – the financial centre initiative of Boerse Stuttgart Group, the Ministry of Economic Affairs, Labour and Tourism of the German Federal State of Baden-Wuerttemberg and the banking industry foundation Stiftung Kreditwirtschaft of the University of Hohenheim – from 1 May 2023. Dr Veit has a PhD in business administration and succeeds Dominik Schütz, who will be taking up a new role in the Stuttgart financial centre. Philipp Veit founded his own business after completing a Master’s degree and PhD at HHL Leipzig Graduate School of Management. Later, he worked in the areas of strategy and innovation at Daimler AG. Since June 2021, he has been head of Stuttgart Financial’s fintech accelerator, fintogether.

Dubai Emerges As The Next Global Hedge Fund Hub Amid Rapid Growth

Date 27/04/2023

• New report launched by DIFC in collaboration with Refinitiv, reaffirms Dubai’s position as a preferred destination for hedge funds
• DIFC is in discussions with over 60 global hedge funds looking to establish offices within the Centre
• DIFC saw a 54 per cent increase in hedge funds setting up within the Centre in 2022
• Nearly two-thirds of DIFC-based hedge funds originate from the US and the UK, including two of the world's ten largest hedge funds