Search Results for: IG Group
LSEG to acquire leading providers of fixed income indices
June 1st, 2017
LSEG to acquire The Yield Book and Citi Fixed Income Indices from Citi, including the World Government Bond Index (WGBI), for total cash consideration of $685 million (£535 million) subject to customary adjustments The Yield Book and Citi Fixed ...
BNP Paribas jumps into virtual reality
May 31st, 2017
BNP Paribas is the latest financial services firm to dabble in virtual reality, unveiling a VR-based app for retail banking customers and a ‘teleportation’ capsule for home buyers. The mobile app lets French retail banking customers go through their ...
London Stock Exchange to buy Citi’s Yield Book bonds analysis business for $685 million
May 30th, 2017
London Stock Exchange (LSE)(LSE.L) has agreed to buy The Yield Book, Citigroup’s (C.N) fixed-income analytics service and also its related indexing business, for $685 million in cash, the companies said on Tuesday. LSE, which had said it would be ...
RBS shareholders urged to settle share sale legal dispute
May 30th, 2017
Former RBS boss Fred Goodwin may be spared having to defend his role in the lender’s near-collapse after investors were urged to settle their legal case against the bank. Thousands of private investors have been involved in a long-running ...
Legal & General choose Dublin for new European hub
May 29th, 2017
UK insurance giant Legal & General has picked Dublin as the European base for its investment management arm, the Irish Independent reports. A LGIM spokesman confirmed the decision to the paper yesterday, with strong indications that more units of the ...
ASIC cancels Gallop International’s Australian financial services licence
May 29th, 2017
ASIC has cancelled the Australian financial service licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop). The cancellation of the AFS licence is effective from 24 May 2017. ...
Pound to Euro Exchange Rate Melts
May 26th, 2017
Reference rates: Pound to Euro exchange rate: 1 GBP = 1.1467, day’s best: 1.1551, low: 1.1459 Euro to Pound Sterling exchange rate: 0.8720, day’s best: 0.8726, low: 0.8657 Pound Sterling is the worst-performing currency amongst the world’s top twenty ...
ASIC proposes next steps on regtech
May 26th, 2017
ASIC will establish a new regtech industry liaison network, conduct a number of new technology trials using regtech applications and establish a ‘hackathon’ later this year to help identify roadblocks to the successful and rapid take-up of the sector. ...
BT chief Gavin Patterson suffers multi-million pay cut following accounting scandal
May 26th, 2017
BT has dramatically cut chief executive Gavin Patterson’s pay, as the telecoms giant struggles to recover from a damning accounting scandal in its Italian business that caused it to issue a profit warning and sent shares tumbling. According to ...
Legal recruitment firm looks to expand globally
May 25th, 2017
Mlegal, a legal recruitment firm, has issued an announcement to inform that the firm adds top recruiting talent to support global expansion plans. According the announcement: Mlegal, a premier national legal search firm, announced today that four highly regarded ...
