Australian Forest Manager Acquired by Three Global Retirement Funds
Published: Oct. 4, 2023 at 7:00 p.m. ET By Stuart Condie SYDNEY--Retirement-fund investors from Australia, the U.K. and the Netherlands...
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‘We are not the typical US player’
Breaking into Europe’s competitive exchange traded funds market has been a long-standing ambition for ARK Invest, the US firm founded...
Can JPMorgan make Nutmeg a success two years after its landmark deal?
In 2021, JPMorgan executives were considering taking a stake in digital wealth manager Nutmeg. But there was a problem —...
LC Financial Holdings Completes Acquisition of BCM Global, Reinforcing Its Position as a Leading Technology-Driven Credit Specialist
LONDON, Sept. 1, 2023 /PRNewswire/ -- LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a technology-led credit specialist. This landmark acquisition cements LCFH's stronghold in the management of consumer and SME loans, leases and mortgages across Europe. Established in 1998, LC Financial Holdings comprises LCM Partners, one of Europe's leading alternative credit investment managers, the Link Financial Group servicing companies and LDMS, a technology provider focusing on the credit management sector. The integration of...
HSBC books $1.5 billion gain from Silicon Valley Bank UK acquisition
HSBC Holdings looks to have bagged a bargain to purchase the U.K. division of Silicon Valley Bank for £1 back...
The United Mexican States Announces Pricing of its New Notes and Purchase Prices for its Tender Offer
MEXICO CITY, April 20, 2023 /PRNewswire/ -- New Notes Offering The United Mexican States ("Mexico") announced today that it priced a global offering (the "New Notes Offering") of U.S.$2,941,388,000 aggregate principal amount of its 6.338% Global Notes due 2053 (the "New Notes"). The aggregate principal amount of New Notes includes approximately U.S.$1,591,388,000 of New Notes intended to fund the purchase of tenders in the concurrent tender offer described below, and the amount of New Notes issued may be adjusted based on final acceptances in the tender offer. The closing of...
Innovations in Payments: Regulation, Infrastructure, and Opportunities
Much is written about revolutionary developments in payments, but the reality of progress in such a complex area is that...
UK Regulator Targets Client Money Protections in Priorities for Payments Firms
On March 16, 2023, the UK Financial Conduct Authority (the FCA) published a letter1 to the CEOs of UK electronic money...
FinCEN Issues ‘First-of-its-Kind’ Order Against Crypto Asset Exchange Linked to Illicit Russian Activity
On January 18, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) designated Bitzlato Limited (Bitzlato), a crypto asset...
Increased Scrutiny in the U.S. and the UK on the Financial Activity of Russian Oligarchs
As the war in Ukraine rages on, recent advisories from financial crime agencies in the United States and the United...
