Analysis: EU adds more pieces to its ‘elusive’ capital market jigsaw
The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain’s status as Europe’s investment banker.
Asia sits out equities rally as Alibaba slides
Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about slowing growth in the world’s second-largest economy, even as European and U.S. share futures indicated gains.
‘Big Short’ Burry exits bearish bets on Tesla, Google
Fund manager Michael Burry of “The Big Short” fame exited bearish bets on Tesla Inc (TSLA.O), Alphabet Inc’s (GOOGL.O) Google, and fund manager Cathie Wood’s ARK Innovation fund (ARKK.P) last quarter, according to SEC filings released on Monday.
Analysis: Indonesia, India beckon as Fed tapers without tantrums
This November 5th story corrected business name to BNP Paribas Asset Management, not Wealth Management, in paragraph 9
Factbox: Fun facts from the U.S. SEC report on January’s GameStop saga
The U.S. securities regulator released its long-awaited post-mortem into January’s GameStop saga, in which retail traders banded together on social media and piled in to GameStop and other “meme” stocks in an attempt to punish hedge funds that had bet against the company, sending its shares soaring.
Deutsche Boerse says relocation of euro clearing from London inevitable
LONDON, Sept 27 (Reuters) – Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance on Britain after Brexit is feasible, a senior Deutsche Boerse official said on Monday. The European Union is due to decide by year-end on how to shift clearing in euro-denominated swaps to Frankfurt from the […]
In the United States, the ‘pink sheets’ are being restructured as a securities regulator attempts to combat fraud!
If a new rule intended to wipe out fraud in this notoriously risky enclave goes into effect next week, up to 2,000 companies could disappear from retail investors’ long-favorite over-the-counter pink lists. The Securities and Exchange Commission (SEC) rule encourages investor disclosure by requiring OTC issuers, which are often small businesses that do not meet […]
Canada has seen jump in insider trading, misconduct since pandemic start- regulator
Securities misconduct in Canada has risen sharply as perpetrators attempted to capitalize on pandemic-driven uncertainties, while social media frenzy surrounding certain stocks and cryptocurrencies also opened the door to more wrongdoing, regulators said on Tuesday.
