Search Results for: bond proceeds
FINRA Sanctions Merrill Lynch $7 Million
December 1st, 2016
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay approximately $780,000 in restitution for inadequately supervising its customers’ use of leverage in ...
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
One of the world’s largest interdealer brokers raise CHF 110 million on the Swiss capital
October 26th, 2016
Compagnie Financière Tradition SA took advantage of the attractive market conditions to successfully raise CHF 110 million on the Swiss capital market through the placement of a straight bond. This new issuance, with a maturity of 6 years to ...
Luxembourg Launches World’s First Green Stock Exchange
September 27th, 2016
Today, less than six weeks before COP22 , the Luxembourg Stock Exchange (LuxSE) becomes the first stock exchange globally to introduce a platform for green financial instruments. Luxembourg Green Exchange (LGX) is for issuers who dedicate 100% of the raised funding to green ...
OTC Clear Receives Regulatory Approval to Clear USD/CNH Cross Currency Swaps
July 22nd, 2016
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch ...
This Is How They Fool Us, China Edition
April 20th, 2016
So it seems that China’s economy, caught in the grip of a credit crisis just a few months ago, is all better. And so, by extension, is everyone else. As the Wall Street Journal explains it: ...
Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme
March 17th, 2016
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s comfortable cash position and strong debt management, which limit refinancing ...
China And Fracking: The Pillars Of “The Recovery” Are Crumbling
March 10th, 2016
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially leveraged tools for extracting wealth from companies. The dot-coms of ...
London Stock Exchange Group Preliminary Results For The Year Ended 31 December 2015
March 8th, 2016
Unless stated otherwise, all figures in the highlights below relate to performance for 12 months to 31 December 2015 and comparisons with the prior 12 month period (unaudited) Continued delivery of successful strategy – Group strongly positioned to make ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
