Category: Articles

News from the Payments Council says that cashless payments have overtaken the use of notes and coins for the first time.

The first UK regulated investment manager to provide Bitcoin investment as part of a bespoke portfolio

Ogier has launched a cross-jurisdictional Tax team in response to requirements from corporate clients, their advisers and trustees.

Five banks are to pay a total of £3.6bn worth of fines for forex rigging.

Annual consumer price inflation across the Eurozone climbed up to zero in April 2015, after four months of consecutive declines. It still remains well below the European Central Bank’s target of at or below 2.0% however, with the weak performance owing largely to declining energy prices. The unemployment rate stayed steady at 11.3% in March.

Over the last few years, the managed account industry has made significant progress in supporting additional assets and strategies, particularly through UMA programs. These developments are of vital importance, as UMA programs are gaining traction with an increasing number of investors.

We hear from Kevin Caley, Managing Director and Co-Founder of ThinCats as he talks us through Peer to peer lending and how it is one of the fastest growing financial markets in the UK, now worth over £1bn.

Thriving North West property investment company, Harewood Associates, in Bolton, Lancashire, have delivered a strong supporting case for investing in property over a pension.

IRESS talks to us about the demands that they face from digital consumers.

BrickVest has raised $1m from 20 influential investors to build the first ever pan-European online real estate investment platform.

Small businesses have easier time accessing capital, but struggle with transition to digital.

The second probe into it's own accounts, Toshiba caused financial uncertainty as a result 17% share drop with $2.5 Billion being lost.

Stock market investors are being urged by the boss of one of the world’s largest independent financial advisory organisations to review their portfolios, be vigilant, and seek out potential opportunities in response to the global bond market sell-off.

Global bitcoin exchange itBit announced it is available to all U.S. retail and institutional bitcoin traders and will begin accepting U.S. customers immediately.

CIM Commercial Trust Corporation (NASDAQ:CMCT), a real estate investment trust (REIT) that principally acquires, owns, and operates Class A and creative office properties in vibrant and improving urban communities throughout the U.S., announced today that it has closed on a new $385 million, seven-year unsecured term loan facility.

Keurig Green Mountain suffers 10% stock decrease with sales of Keurig brewing machines and accessories tumbling 23% in the first quarter compared to the prior year.

London-based property consultancy Strawberry Star has recently launched in the global market, with a unique service offer yet unseen on the international property market. In response to an alarming 76% of UK consumers who have had a negative experience with an estate agent, Strawberry Star’s clients will now be able to choose how much of the commission fee they pay, depending on their experience of the service.

Sulphuric acid production growth, primarily from metals smelter capacity additions, could lead to China becoming a net-exporter of sulphuric acid. Over the past four years, sulphuric acid production, from smelters alone in China, has ballooned by 6 million tonnes, while total supply from all forms of production is up by 16 million tonnes.

ResearchandMarkets.com has publish a report on Cryptocurrency. Cryptocurrency is a logical way for over-the-top communication services to be bought and sold. Operators will want to familiarize themselves with such currency, and may well find a significant opportunity in enabling transactions involving crypto-currencies.

Following the launch on 21 April 2015 of the offering of a convertible bond of up to U.S.$300 million maturing in April 2020, Sequa Petroleum N.V. announces that pricing of the Bonds took place on 24 April 2015 and settlement completed today.

Chief financial officers (CFOs) at North American life insurance companies say they continue to face sizable competitive challenges to their profitability, yet only a small number (20%) believe they are well prepared to respond to this competitive environment.

Confidence amongst Italian CEOs bounced back in the first quarter of 2015, following continued low commodity prices and the European Central Bank’s significant quantitative easing package. The YPO Global Pulse Confidence Index for Italy rose 5.3 points to 61.6, its highest level for a year.

NephroGenex, Inc., a pharmaceutical company focused on the development of therapeutics to treat kidney disease, today announced that it has commenced an underwritten public offering of shares of its common stock and expects to raise gross proceeds of up to $30 million. In addition, NephroGenex expects to grant the underwriters a 30-day option to purchase up to an additional $4.5 million of shares of its common stock in connection with the offering. All of the shares in the offering will be sold by NephroGenex.

Bristol-Myers Squibb Companyannounced today that it has agreed to sell €1.15 billion of senior unsecured notes: €575,000,000 in aggregate principal amount of 1.000% notes due 2025 and €575,000,000 in aggregate principal amount of 1.750% notes due 2035, in an underwritten public offering.

Rare Element Resources Ltd., announced that it has closed its $3.4 million offering of common shares and warrants in a registered direct offering in the United States that resulted in net proceeds, after expenses, of approximately $3.2 million.

CU Bancorp, the parent company of wholly owned California United Bank, today reported financial results for the first quarter of 2015.

IP Commerce, Inc., developer of innovative products and services that automate business processes for small business owners, launched the newest version of Commerce Sync today. Commerce Sync is a software application that automatically transfers sales information from a point of sale (POS) system or e-commerce solution directly into accounting software on a daily basis.

95% of REA membership say parties have failed to address needs of the renewable energy industry in election campaigns

With approval of the Supervisory Board, the Management Board of Sequa Petroleum N.V. has resolved to launch the offering of a convertible bond of up to U.S.$300 million maturing in April 2020.

A home trader who aimed to show how you could turn $10k into $100,000 in just two years has revealed a final position of $82,500.

Institutional Venture Partners (IVP), a later-stage venture capital and growth equity firm, today announced IVP XV, a $1.4 billion fund. This is the largest fund raised in the firm’s 35-year history and brings cumulative committed capital to $5.4 billion. The fund was significantly oversubscribed, with IVP’s existing Limited Partners contributing the vast majority of the fund.

Alan Howard, co-founder of Brevan Howard, and Michael Platt, of BlueCrest Capital, jointly head the list of Britain’s wealthiest hedge fund managers, each with £1.5bn fortunes, in The 2015 Sunday Times Rich List, to be published this Sunday, April 26. The 128-page special edition of The Sunday Times Magazine reveals the wealth of the 1,000 richest people in Britain.

Cinedigm Corp., a leading independent content distributor in the United States, announced today that it priced its previously announced private offering of $64,000,000 aggregate principal amount of 5.5% convertible senior notes due 2035 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

A first-of its-kind app designed especially for the Apple Watch user is being launched by international currency services provider FAIRFX.

Synergy FX, a leading Australian Forex broker, announced today that their Funds Management team has achieved stellar results to date, posting gains over 150 percent for the first 19 months, shattering projections and beating out competing funds by a landslide.

Rather than blow money on super cars or luxury holidays, research published by AXA shows a number of over 55s are considering starting their own businesses in the wake of the pension reforms.