News Centre

UK Prudential Regulation Authority Fines The Former Chief Information Officer Of TSB Bank Plc For A Breach Of The PRA’s Senior Manager Conduct Rules

Date 13/04/2023

The Prudential Regulation Authority (PRA) has fined Mr Carlos Abarca, the former Chief Information Officer (CIO) of TSB Bank plc (TSB), £81,620 for breaching PRA Senior Manager Conduct Rule 2 as he failed to take reasonable steps to ensure that TSB adequately managed and supervised appropriately its outsourcing arrangement in relation to its 2018 IT migration programme.

UK Economic Secretary Speech To The Lord Mayor’s Financial Literacy And Inclusion Summit

Date 13/04/2023

Good afternoon and thank you Lee for that introduction.

It’s good to be here today to discuss this vitally important topic – and thank you Lord Mayor for everything you have done in a short number of months.

Decision By The Nasdaq Stockholm Disciplinary Committee Regarding Goodbye Kansas Group AB

Date 13/04/2023

The Disciplinary Committee of Nasdaq Stockholm has found that Goodbye Kansas Group AB (the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of four annual fees, corresponding to an amount of SEK 467 000.

FESE: Realising The Capital Markets Union Ambition

Date 13/04/2023

Improving European capital markets requires a holistic look at legislation to ensure they have the lowest cost of capital accompanied with the highest depth of liquidity. The major reforms currently being discussed by the co-legislators are a true opportunity to strengthen capital markets and increase their attractiveness and resilience, which are critical to fostering economic growth in an increasingly volatile and uncertain macroeconomic environment.

Global X Launches ETF In Australia Tracking Solactive Australia ex Financials Materials And Energy Capped Index

Date 13/04/2023

Solactive is pleased to announce another collaboration with Global X in Australia, providing the asset manager with the Solactive Australia ex Financials Materials and Energy Capped Index, which serves as underlying for the new Global X Australia ex Financials & Resources ETF. Traditionally, amongst the top 200 largest listed companies on the ASX, the most represented industries have been financial services, basic materials, and energy, with an average combined weight of almost 50%. The Solactive Australia ex Financials Materials and Energy Capped Index excludes these three sectors from its selection in order to provide greater exposure to relatively smaller companies with potentially higher growth perspectives. Accordingly, the new Global X ETF provides investors with a new solution to gain a different kind of market exposure with greater focus on other important  areas of the Australian economy, such as consumption, healthcare, or technology.   

Top US-Based Bank Selects Temenos For Core Banking Modernization In The Cloud - Regions Bank Adopting The Temenos Banking Cloud To Modernize Deposit System And Elevate The Customer Experience

Date 13/04/2023

Further to the press release issued on 29 March 2023 (link), Temenos (SIX: TEMN) today announced that Regions Bank, a top  bank in the US, has selected Temenos to modernize its legacy systems for customers’ records and deposits on the Temenos Banking Cloud. The move to software as a service (SaaS) will enable Regions Bank to deliver more seamless customer experiences and more personalized banking products and services designed to help consumers and businesses reach their financial goals.

Build A Communication Platform For State-Owned Capital And Support The Vigorous Development Of SOE Reform - “Shenzhen Stock Exchange Chuangxianghui” Becomes A New Model Of Capital Market Serving The Operation Of State-Owned Capital

Date 13/04/2023

On April 12, SZSE held the “Chuangxianghui” State-owned Capital Operation Management event. More than 40 people including officials of state-owned capital operation platforms, central state-owned enterprises (SOEs), local SOEs and local government departments, experts, scholars and representatives of intermediaries from Beijing, Shanghai, and Shenzhen were invited to share views about how the capital market is serving the high-quality development of state-owned capital and SOEs.

Marex Announces Record FY 2022 Results - Successful Execution Of Growth Strategy And Proactive Risk Management Delivers Strong Growth In 2022, Marex Well-Positioned For 2023

Date 13/04/2023

Marex Group, the diversified global financial services platform, has today announced record full year results for the period to 31 December 2022. Strong growth in revenue and profit demonstrates the strength of the Group's global franchise, and ability to grow organically across all segments and geographies.

London Stock Exchange Group PLC Transaction In Own Shares

Date 13/04/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Physical Deliveries Of Oman Crude Oil On Dubai Mercantile Exchange Surge 18% During The First Quarter Of 2023

Date 13/04/2023

The Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, delivered 63.77 million barrels of Omani crude via its exchange delivery mechanism in the first quarter of 2023. This was an increase of 18% from the 54.01 million barrels delivered in the same quarter of 2022.