"UBS names new head of capital markets financing sales for Americas" by Wesley Bray for The TRADE News: www.thetradenews.com/ubs-names-ne...
New appointment joins from Barclays, where he most recently served as head of Delta One sales for the Americas since 2009.
"EU to delay core element of Basel bank capital reforms by one year" by Huw Jones for Reuters: www.reuters.com/business/fin...
The European Union will delay a core element of global reforms to bank capital rules by one year to January 2026, the bloc's financial services chief said on Tuesday, to ensure a level playing field between EU banks and their U.S. rivals.
"Steve Cohen's Point72 Readies New Hedge Fund Targeting AI Stocks" by Hema Parmar for Bloomberg: www.bloomberg.com/news/article...
Steve Cohen’s Point72 Asset Management is seeking to raise about $1 billion for a new stock-picking hedge fund focused on artificial intelligence, according to people familiar with the matter.
"Firstrade Unveils FirstradeGPT" by Anna Lyudvig for Traders Magazine: www.tradersmagazine.com/featured_art...
Tool provides retail investors with AI-driven analysis and actionable market insights.
"Indonesia Stock Exchange Partners with Nasdaq to Upgrade Market Infrastructure" by Staff for Traders Magazine: www.tradersmagazine.com/xtra/indones...
Aim is to enhance resilience and integrity, while quickening the deployment of new products and services.
"Verto launches African currencies FX marketplace" by Alex Pugh for Global Trading: www.globaltrading.net/verto-launch...
"Advent International, ADIA Buy Stake in Fisher Investments" by Staff for Markets Media: www.marketsmedia.com/advent-inter...
The investment at between $2.5bn and $3bn values Fisher Investments at $12.75 bn.
"Model teams fear budget cuts as FRTB wipeout loans" by Samuel Wilkes for Risk: www.risk.net/regulation/7...
Senior modellers think supervisory intervention is needed to prevent funding drought
"DXtrade Teams Up with Sage Capital to Boost Crypto Liquidity for Brokers" by Jared Kirui for Finance Magnates: www.financemagnates.com/cryptocurren...
DXtrade has partnered with Sage Capital Management to offer brokers crypto liquidity.
"AlphaSense Acquires Rival Tegus for $930m, Valuation Tops $4BN" by Cameron Emanuel-Burns for Fintech Futures: www.fintechfutures.com/2024/06/alph...
Market intelligence platform AlphaSense is set to acquire Tegus, a provider of corporate intelligence solutions, in a deal totalling $930 million.