Posted at 01:17h
in
News
by KMFSLLP
Australia's prudential and
corporate regulators are checking the contingency plans of banks
and other financial institutions to prepare for a potential
coronavirus pandemic which could severely disrupt economic and
financial systems.
...
Posted at 01:14h
in
News
by KMFSLLP
The Australian sharemarket slid into
correction territory on Friday and was headed for its biggest
weekly fall since the global financial crisis amid mounting
fears about the global spread of the coronavirus.
...
Posted at 23:37h
in
News
by KMFSLLP
Venezuela will allow companies
to raise capital in foreign currency, according to a new rule by
the country's securities regulator, as socialist President
Nicolas Maduro liberalizes the struggling economy in the face of
sanctions.
Posted at 23:24h
in
News
by KMFSLLP
South Korea's vice finance
minister on Friday vowed to deploy "all possible measures" to
stabilize financial markets as he sees economic indicators from
production to consumption dwindling from the increasing number
of new coronavirus infections.
Posted at 23:19h
in
News
by KMFSLLP
Praesidium Investment
Management, a vocal critic of Instructure Inc.'s plans
to sell itself to private equity firm Thoma Bravo, said on
Thursday that it cut its stake in the U.S. educational software
company.
...
Posted at 23:13h
in
News
by KMFSLLP
* Thyssenkrupp shares close up 4.8% in Frankfurt
(Adds Cinven comment, bullet points)
...
Posted at 23:00h
in
News
by KMFSLLP
* Seven execs recruited in 2015 to broaden investment
expertise
...
Posted at 22:46h
in
News
by KMFSLLP
The U.S. Securities and
Exchange Commission said on Thursday it ordered Wells Fargo & Co
to pay $35 million to settle charges it failed to
adequately supervise investment advisers who were recommending
high-risk products.
Posted at 22:32h
in
News
by KMFSLLP
Financial services venture
capital firm Anthemis has raised $90 million for a new fund that
will invest in fast-growing insurance technology startups, the
company said on Thursday.
...
Posted at 22:28h
in
News
by KMFSLLP
Investors pulled a net $18.5 billion out
of U.S. stock mutual funds and exchange-traded funds in the week
ended Wednesday, the largest one-week retreat from the domestic
equity market since December, according to Lipper data released
Thursday.
