London Stock Exchange acquires Quantile
London Stock Exchange Group (LSEG) said on Monday it had acquired Quantile Group to expand its range of post-trade risk management solutions.
China updates risk management rules for insurance groups
China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments in other companies.
EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers
Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s plan to split itself into three companies and called on it to instead solicit offers from potential buyers.
Online assessments add value for oil and gas industry stakeholders
Within the oil and gas drilling industry – a key part of a sector that produced revenues of some $3.3 trillion in 2019 and comprises some 3.8% of the global economy – the use of online assessment (eAssessment) is demonstrably improving the assessment process, as well as streamlining the operations of organisations and, thus, providing added value to their stakeholders.
Blackstone makes sweetened $6.2 bln play for Australia’s Crown
Investment giant Blackstone Group Inc (BX.N) made a $6.2 billion approach for troubled Australian casino firm Crown Resorts Ltd (CWN.AX), sweetening an earlier offer as its main rival bidder is beset by regulatory problems.
Credit Suisse Chairman Horta-Osorio says big investors back overhaul
Credit Suisse’s (CSGN.S) big shareholders back the scandal-hit bank’s new strategy, Chairman Antonio Horta-Osorio told Swiss newspaper NZZ am Sonntag, adding the group would also overhaul its pay system for executives to reduce risk.
Deutsche Bank extends profit run on boost from dealmaking fees
Deutsche Bank’s (DBKGn.DE) profits rose a stronger-than-expected 7% in the third quarter, the bank’s fifth straight quarter in the black as fees for advising on deals partly made up for a drop in trading revenue.
