News
Dealers in $128m ARS repurchase as legal actions continue
Three securities firms are to repurchase $128 million in auction-rate securities (ARS) from aggrieved holders of the illiquid instrument and will pay $600,000 in fines in the latest in a spate of regulatory actions in response to the mis-selling of the…
Actimize acquires Fortent
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Schapiro reprimands broker-dealers over remuneration
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NYSE addresses corporate governance best practice
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Stanford and Antigua regulator 'blood brothers' in fraud, claims CFO
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UK Treasury warns banks over sanctions
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Cebs appoints new chair and deputy chair
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Morgan Stanley turns bullish on Asia exposure with four new ETFs
Morgan Stanley has unveiled a new play on Asian equity exposure in the US, a US$5million deal that links to an equally weighted basket of four exchange-traded funds (ETFs).
RBS returns to market with NDFA following Keydata collapse
Royal Bank of Scotland (RBS) is returning to the intermediary market with its new range of structured products after replacing its now-insolvent administrator Keydata with NDFA.
ProShares hit by lawsuits over leveraged ETFS
Exchange-traded fund (ETF) provider ProShares is the target of two class action lawsuits filed by Labaton Sucharow in the US over the performance of its UltraShort Real Estate and Financials funds. The actions come in the wake of media scrutiny over…
Deutsche redeems Powershares ETNs
Deutsche Bank will redeem all outstanding Powershares DB Crude Oil Double Long exchange-traded notes (ETNs), according to a statement issued by the bank on September 1.
HSBC launches its first ETF in Europe
HSBC issued its first exchange-traded fund (ETF) in Europe on August 25. Listed on the London Stock Exchange and tracking the FTSE 100 index, the Ireland-domiciled ETF will be sold first in the UK, and later in continental Europe. The total expense ratio…
ETF Securities debuts commodity funds on Tokyo Stock Exchange
ETF Securities has launched a new platform in Japan for physically backed precious metal commodities exchange-traded funds (ETFs). Five funds began trading on the Tokyo Stock Exchange on August 24.
Deutsche Bank lists hedge fund and carbon ETFs in London
Deutsche Bank has listed its hedge fund exchange-traded fund (ETF) on the London Stock Exchange (LSE). The listing of the Ucits III-compliant ETF, based on the db Hedge Fund Index, follows the launch of a euro-hedge version on the Xetra Frankfurt in…
Thailand bucks trend and relaxes regulations
Thailand is back on the structured products radar as financial authorities there relax the laws governing the sale of structured products in sharp contrast to the rest of Asia.
