Finance News

  • Today September 23
17:00 KST
Group Lease Public Company Limited Seeks 9,130 Million Baht in Damages From J Trust and Directors in Thailand
Wedge Holding Company Limited (“Wedge Holding”) announces that its consolidated subsidiary, Group Lease PCL (“GL”), has filed a civil lawsuit in the Kingdom of Thailand against J Trust Co., Ltd, its s
14:00 KST
Cube Highways Acquires Farakka-Raiganj Highways Limited
Cube Highways II, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, has acquired 100 percent of Farakka-Raiganj Highways Limited (FRHL), an operating toll road in
Sep 21, 2020 17:10 KST
Ontario Teachers’ Expands Presence in Asia Pacific With New Singapore Office
Ontario Teachers’ Pension Plan Board (Ontario Teachers’) opens a new office in Singapore today to enhance its existing capabilities in the Asia Pacific (APAC) region. Ontario Teachers’ already has
Sep 17, 2020 16:10 KST
American Express Announces Plans to Expand Centurion® Lounges in Two Major U.S. Airports and Prepares to Welcome Travelers with New Health and Safety Practices
Today, American Express (NYSE: AXP) announced plans to expand two of its signature Centurion Lounges and introduced The Centurion Lounge Commitment, a set of new health and safety protocols and practi
Sep 15, 2020 16:00 KST
BAI Global Innovation Awards Open for 2020 Submissions to Recognize Groundbreaking Achievements in Financial Services
BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, has opened submissions for its annual BAI Global Innovation Awards. For the past dec
Sep 15, 2020 14:35 KST
Moody’s Launches Comprehensive ESG Solutions Group; Appoints Global Head
Moody’s Corporation (NYSE: MCO) announced today the formation of an Environmental, Social, and Governance (ESG) Solutions Group to serve the growing global demand for ESG insights. The group leverages
Sep 11, 2020 18:50 KST
Moody’s Analytics Wins Best Decision Management Solution at AI Breakthrough Awards
Moody’s Analytics has won Best Decision Management Solution at the 2020 AI Breakthrough Awards. We won this award for the QUIQspread™ solution, our automated financial spreading tool, and for our Cred
Sep 11, 2020 11:30 KST
Singlife Chooses Moody's Analytics Solutions to Help It Address IFRS 17 Requirements
Moody’s Analytics today announced that its software has been selected by Singlife, a leading digital insurer in Singapore. Singlife will use the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution a
Sep 11, 2020 09:10 KST
I Squared Capital Announces $800 Million Strategic Partnership for Its Infrastructure Credit Strategy
I Squared Capital has signed a strategic partnership with a group of institutional investors to deploy up to $800 million in credit investments across multiple sectors and regions. The strategy will t
Sep 11, 2020 08:39 KST
AIG Appoints Chris Rash as Chief Executive Officer of Talbot Underwriting
American International Group, Inc. (NYSE: AIG), today announced that Chris Rash has been appointed Chief Executive Officer (“CEO”) of Talbot Underwriting Ltd (“Talbot”), which operates within the Lloy
Sep 03, 2020 10:30 KST
Moody’s Analytics and Shanghai Rural Commercial Bank Win Asian Banker Award
Moody’s Analytics and Shanghai Rural Commercial Bank (SRCB) have won Compliance Risk Technology Implementation of the Year in the 2020 Asian Banker Risk Management Awards. SRCB, which has a long-stand
Sep 03, 2020 10:20 KST
Jefferies to Host Inaugural Asia Forum September 14 - 16
Jefferies is pleased to announce the first annual Jefferies Asia Forum taking place September 14-16, 2020. This inaugural event will be a virtual gathering of global thought leaders, offering clients
Sep 03, 2020 09:15 KST
Bitgate Selects BitGo for Its Self-Managed Custody Solution to Meet Japan’s FSA Regulations
BitGo Inc., the leader in digital asset financial services, announced today that Bitgate, a Financial Services Agency (FSA) regulated exchange based in Japan, has selected BitGo’s Self-Managed Custody
Aug 25, 2020 11:24 KST
Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a $1 Billion Capital Commitment
Stonepeak Infrastructure Partners(“Stonepeak”), an infrastructure-focused private equity firm, and a group of seasoned senior executives formerly with Equinix, Facebook, Tata Communications and Macqua
Aug 25, 2020 11:20 KST
Kohlberg and Mubadala Sign a Definitive Agreement to Acquire Majority Stake in PCI Pharma Services
PCI Pharma Services (“PCI” or “the Company”), a leading pharmaceutical and biopharmaceutical global supply chain solutions provider, and portfolio company of Partners Group, announced today the signin
Aug 25, 2020 09:50 KST
Moody’s Analytics Strengthens CreditEdge™ and RiskCalc™ Platforms with AI-Powered Features
Moody’s Analytics is pleased to announce the addition of artificial intelligence (AI) capabilities to the CreditEdge and RiskCalc solutions. These platforms now incorporate the Moody’s Analytics Credi
Aug 20, 2020 11:30 KST
Nicholas Jagoda to Be Appointed Partner and Portfolio Manager at Aeolus
Aeolus Capital Management Ltd. (“Aeolus”) today announces that Nicholas Jagoda will be appointed a Partner and Portfolio Manager of Aeolus after fulfilling his obligations with Elementum Advisors, LLC
Aug 18, 2020 17:05 KST
Lightspeed India raises $275 Million, to partner with bold founders building for India and from India for the world
Lightspeed India Partners (“Lightspeed”) today announced the closing of Lightspeed India Partners III with $275 Million of committed capital. Lightspeed has invested over $750 Million in India since i
Aug 13, 2020 15:15 KST
Moody’s Analytics Three-Peats in Two Categories at Risk Technology Awards
For the third straight year, Moody’s Analytics has won the Risk Technology Awards for Credit Data Provider of the Year and Wholesale Credit Modelling Software of the Year. These are two of our seven 2
Aug 13, 2020 11:50 KST
Moody’s Acquires Stake in MARC, Strengthening Presence in Key ASEAN Market
Moody’s Corporation (NYSE:MCO) announced today that it has acquired a minority stake in Malaysian Rating Corporation Berhad (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk
Aug 11, 2020 11:15 KST
Prumo, bp and Siemens Enter Into Partnership With SPIC on Energy Projects in Brazil
Prumo, a private Brazilian company controlled by EIG Global Energy Partners, bp and Siemens signed a binding agreement with SPIC Brasil. Under the agreement, SPIC will initially acquire 33% of the GNA
Aug 06, 2020 17:35 KST
RDC Wins Award in Celent KYC Report
Regulatory DataCorp (RDC) has been recognized in a new report from Celent that profiles vendors of Know Your Customer (KYC) systems. RDC, which Moody’s acquired in January, won the 2020 xCelent Custom
Aug 04, 2020 10:50 KST
Moody’s Analytics Repeats IFRS 9 Wins at Risk Technology Awards
For the second straight year, Moody’s Analytics has won the Risk Technology Awards for IFRS 9 - Enterprise Solution of the Year and IFRS 9 - ECL Modelling Solution of the Year. The two IFRS 9 awards b
Aug 04, 2020 10:30 KST
First Eagle to Open Its First German Office in More Than 80 Years; New Hire Louanges Will Direct International Wholesale Business From Munich
First Eagle Investment Management, LLC (“First Eagle”) is pleased to announce plans to open a branch of First Eagle Investment Management Ltd. in Munich, Germany, through which the firm will serve int
Jul 29, 2020 17:10 KST
Moody’s Announces Environmental Sustainability Commitments
Moody’s Corporation (NYSE:MCO) today announced that it has established new environmental sustainability commitments and progress milestones, including plans for expanding its carbon neutrality and pro
Jul 28, 2020 13:45 KST
Moody’s Analytics Wins Best Credit Risk Solution Provider in Waters Rankings
Moody’s Analytics has been voted Best Credit Risk Solution Provider in the 2020 Waters Rankings. Voters choose specific offerings from shortlisted firms to determine these annual rankings. For the fou
Jul 28, 2020 11:25 KST
Walton Expands U.S. Homebuilder BOLD Funds to Support Demand for New Single-Family Home Market
Walton, a real estate investment and land asset management company with US$3.39 billion under management and administration, has expanded its Builder Option Land Development Funds (BOLD Funds), with a
Jul 28, 2020 10:10 KST
The Naga Group AG Announces Sales and Earnings Guidance For 2020
The NAGA GROUP (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for investing NAGA.com, today announced a sales and earnings forecast for the current fiscal year 2020. After a stron
Jul 24, 2020 15:55 KST
MSCI Announces Strategic Alliance With Microsoft to Accelerate Innovation in the Global Investment Industry
MSCI Inc. (NYSE:MSCI) and Microsoft Corp. have formed a strategic alliance to accelerate innovation among the global investment industry. By bringing together the power of Microsoft’s cloud and AI tec
Jul 24, 2020 14:50 KST
Energy Impact Partners Announces Microsoft Will Join Global Innovation Platform
Energy Impact Partners (EIP), a global investment platform leading the transition to a sustainable energy future, has announced that Microsoft Corp. is joining EIP's global Partner network through its
Jul 23, 2020 12:00 KST
Moody’s Analytics Wins Two Risk Technology Awards for Stress Testing Solutions
Moody’s Analytics has won Enterprise-Wide Stress Testing Product of the Year and Credit Stress-Testing Product of the Year in the 2020 Risk Technology Awards. They’re two of our seven wins in this yea
Jul 23, 2020 09:00 KST
Western Union Expands with NongHyup in South Korea
Western Union, a global leader in cross-border, cross-currency money movement and payments, has expanded its cooperation with NH Bank, through NH Bank’s appointment of NongHyup (Agricultural Co-operat
Jul 20, 2020 12:00 KST
Moody’s Analytics Named Category Leader in Chartis Insurance Risk Systems Report
Moody’s Analytics is a Category Leader in a new report from Chartis Research that evaluates leading vendors of insurance risk systems. The report's RiskTech Quadrants® for IFRS 17/LDTI compliance cove
Jul 17, 2020 14:00 KST
Jefferies Group LLC Appoints Matthew Larson as Its Chief Financial Officer
Jefferies Group LLC (“Jefferies Group”) announced today that, effective August 24, 2020, Matthew Larson will become Jefferies Group’s Chief Financial Officer, succeeding Teresa Gendron, who has been J
Jul 17, 2020 12:00 KST
Bank of America Reports Second-Quarter 2020 Financial Results
Bank of America reported its second-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: · Bank of America ne
Jul 16, 2020 13:55 KST
Moody’s Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards
Moody’s Analytics has won the Best Middle-Office Platform category in the 2020 WatersTechnology Asia Awards, on the strength of our regulatory compliance and balance sheet management capabilities.
Jul 14, 2020 13:30 KST
Aeolus Announces Appointment of Aditya Dutt as Partner and President
Aeolus Capital Management Ltd. (“Aeolus”) today announces that Aditya Dutt will be appointed a Partner and President of Aeolus and will be elected as a member of the Aeolus Board, following a period o
Jul 08, 2020 16:55 KST
Interactive Brokers Group Opens Singapore Office
Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announced the addition of a Singapore entity Interactive Brokers Singapore Pte Ltd and the opening of an office located in the
Jul 08, 2020 15:50 KST
Interactive Brokers Group to Host Second Quarter Earnings Conference Call
Interactive Brokers Group, Inc. (Nasdaq: IBKR) plans to announce its second quarter financial results on Tuesday, July 21, 2020, in a release that will be issued at approximately 4:00 pm (ET). The pre
Jul 02, 2020 09:18 KST
Arch Reinsurance Acquires Majority Stake in Precision Marketing Asia Pacific
The Arch Worldwide Reinsurance Group (Arch Re), part of Arch Capital Group Ltd., today announced that it has completed its previously announced acquisition of a majority stake in Precision Marketing A
Jun 30, 2020 14:55 KST
Interactive Brokers Appoints Nicole Yuen to its Board of Directors
The Board of Directors of Interactive Brokers Group, Inc. (Nasdaq: IBKR) today announced the appointment of Nicole Yuen as an independent director of the firm effective July 1, 2020. “Nicole Yuen h
Jun 26, 2020 11:00 KST
Moody’s Analytics Wins Seven Risk Technology Awards
Moody’s Analytics has won seven categories in this year’s Risk Technology Awards. Five are repeat wins. This press release features multimedia. View the full release here: https://www.businesswire.
Jun 24, 2020 17:40 KST
MSCI 2020 Market Classification Review
MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, announced today the results of the MSCI 2020 Market Classification Review and warned that the MSCI Argentina Index m
Jun 18, 2020 17:20 KST
Aeolus Announces Leadership Promotions
Aeolus Capital Management Ltd. (“Aeolus”) today announced senior leadership promotions and the addition of new members to the Aeolus partnership. Effective immediately, Andrew Bernstein (Managing P
Jun 12, 2020 14:25 KST
ÓSKARE CAPITAL SAS Launches ÓSKARE Fund I Focusing on Innovative European Companies in the Medical Cannabinoid Industry
ÓSKARE CAPITAL SAS today launches ÓSKARE Fund I together with cannabinoid industry veteran Bruce Linton. The EU based fund targets next generation cannabinoid therapies and related industry infrastruc
Jun 12, 2020 12:00 KST
Moody’s Analytics Tops 14 International Categories in FocusEconomics Analyst Forecast Awards
Moody’s Analytics, a global provider of financial intelligence, ranks #1 in 14 international categories in the 2020 FocusEconomics Analyst Forecast Awards. These awards include #1 Best Overall Forecas
Jun 10, 2020 11:10 KST
Balbec Capital Raises $1.2 Billion for Fourth Global Credit Fund
Balbec Capital, LP (“Balbec”), a global alternative asset manager with expertise sourcing and investing in bankrupt and insolvent credit, today announced the successful final close of InSolve Global C
Jun 08, 2020 09:15 KST
Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base case for the US suggests that it will take until mid-decade
Jun 05, 2020 13:45 KST
Citi Private Bank Issues Mid-Year Outlook 2020, Investing in a New Economic Cycle
Citi Private Bank today released its Mid-Year Outlook 2020 report, Investing in a New Economic Cycle. Released twice yearly, this edition calls for major changes to client portfolios as a new economic
Jun 03, 2020 11:20 KST
MSCI Appoints Axel Kilian as Head of EMEA Client Coverage
MSCI Inc. (NYSE:MSCI), a leading provider of mission critical decision support tools and services for the global investment community, announced today that Axel Kilian has been appointed to the role o
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