Bloomberg today announced the launch of a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap (IRS) v Bond Future contracts through Eurex.
Today ING and certain board members were served with a writ of summons for litigation in The Netherlands on behalf of investors who claim to have suffered financial losses in connection with ING's disclosures on historic shortcomings in its financial economic crime policies, related risk management and control systems, the investigation by and settlement with the Dutch authorities in 2018 and related risks for ING.
Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.
Commenting on the UK FCA and Bank of England consultations on the regulatory approach to stablecoins, which close today, James Kemp, Managing Director of Technology and Operations at the Association for Financial Markets in Europe (AFME), said:
BlueFlame AI (“BlueFlame”), the generative AI platform for alternative investment managers, today announced the appointment of two senior leaders as it builds on its impressive success in 2023.