Hints and tips:
...Stripe, the payments plumbing company, at its private valuation peak clocked in at $95bn. Klarna, the money-losing buy now, pay later start-up, once hit $45bn....
...CRH’s decision echoes that of Ferguson, the plumbing and heating supplier formerly known as Wolseley, which last year moved its primary listing to the US....
...The company, which is majority owned by billionaire Ken Griffin, forms a critical part of the plumbing of US financial markets....
...Back then, he was working at the Federal Reserve investigating the plumbing of the credit world....
...Sean Horgan, an analyst with Rosenblatt Securities, noted that the uptick in trading activity would also lift other companies who manage the plumbing of US financial markets, including stock exchanges....
...Glencore has added former Anglo American chief executive Cynthia Carroll as a non-executive director to its board....
...Visa to weave Plaid into operations Visa is paying $5.3bn for Plaid, a fintech plumbing outfit that connects its clients' apps with their customers’ bank accounts....
...The firm could instead become part of the basic plumbing of the financial system, lending money in its own right and allowing borrowers to bypass the battered banks that had just received a $500bn bailout...
...Even so, reports that buyout firms are interested in Euroclear, a vital part of Europe’s financial market plumbing, might cause unease....
...Academics at MIT Sloan School of Management and Boston College Carroll School of Management suggest that the current proxy advice model has positives and negatives....
...“The majority message to the SEC was that it’s the boring stuff, the execution and plumbing that separates companies from their owners, that’s in dire need of reform.”...
...“This acquisition combines [Hudson River’s] expertise in on-exchange trading with Sun’s expertise in off-exchange trading creating a stronger, more diverse firm,” said Jason Carroll, co-founder and managing...
...That includes not only engaging in high-level discussions with regulators on whether the overall market plumbing is up to snuff, but also working to make sure NYSE’s own in-house network of human traders...
...The latest glitch in the US market plumbing highlights how reliant trading has become on technology, forcing traders and investors to adapt to periodic technical problems....
...The London interdealer broker is close to selling its global broking business to rival Tullett Prebon, after which it will become NEX Group and focus on electronic trading and plumbing for over-the-counter...
...ECB policy decision day has arrived, and it’s time for everyone’s other favourite Italian with a knowledge of (market) plumbing to take to the stage....
...Now known simply as “August 24”, steep declines across Asian markets triggered intense volatility in US stocks, sending the S&P 500 down 5.3 per cent at the open and revealing flaws in the plumbing of the...
...Here’s Bloomberg on Monday: Losses on a $126 million deal of loans originated through CircleBack Lending Inc. and put together by Jefferies Group LLC have already overwhelmed the trigger value embedded...
...A lot of the money went into the essential but essentially unsexy work of ripping out the old plumbing, air conditioning and electrics....
...The Leicester manager is a good example of the economic migrants that “come over ’ere” serving our coffee, mending our plumbing and propelling our underdog football teams to the top of the Premiership....
...Market participants immediately began questioning the plumbing underpinning the world’s largest equity market....
...Still, what transpired at the start of trading in New York was read almost immediately by traders, investors and exchange heads as evidence of cracks in the plumbing that underpins the world’s largest equity...
...Various comment letters to the SEC point out that, while there are some unavoidable delays in the plumbing of US equity markets, others are more deliberate....
...Bob Greifeld, Nasdaq chief executive, has said he hopes blockchain will reshape the US’s sometimes cumbersome and slow-moving market plumbing. Additional reporting by Philip Stafford...
...the ledger in trade processing in the next 12 months, in a move that Bob Greifeld, the group’s chief executive, hopes could radically reshape some of the US’s sometimes cumbersome and slow-moving market plumbing...
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