November 25, 2024

Category: Markets

Swiss prosecutors accuse Trafigura of paying €5mn in bribes to Angolan official
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Markets

Swiss prosecutors accuse Trafigura of paying €5mn in bribes to Angolan official #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Trafigura paid nearly €5mn in bribes to an Angolan official through an intermediary who was dubbed “Mr Non-Compliant” by the commodity trader’s founder, Claude Dauphin, Swiss prosecutors have alleged. The Swiss indictment accuses Trafigura […]

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The second coming (and going) of EF Hutton
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Markets

The second coming (and going) of EF Hutton #NewsMarket

CashNews.co Everyone knows that the best way to stop a zombie is to destroy its brain. But EF Hutton, an undead US underwriter we wrote about two years ago, had two heads: chief executive Joseph Rallo and president David Boral. Rallo left the bank earlier this year, taking ZombiEF Hutton’s once venerable name and trademark with […]

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Bridgewater + SSGA = ETF heaven
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Markets

Bridgewater + SSGA = ETF heaven #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater and State Street have just announced a “strategic relationship” to “widen access to core alternative investment strategies”. What does this actually mean? Well, it means a risk parity ETF! Look at what just […]

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The global race to break China’s grip on graphite
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Markets

The global race to break China’s grip on graphite #NewsMarket

CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello from Houston, and welcome back to Energy Source. A story plug to start: in this Big Read, […]

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Portfolio trading is reshaping credit markets
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Markets

Portfolio trading is reshaping credit markets #NewsMarket

CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. This won’t be news to regular Alphaville readers, but portfolio trading in fixed income has morphed over the past few years from cool new trend to massive phenomenon. The impact is becoming starker […]

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JPMorgan’s Chase UK launches first credit card
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Markets

JPMorgan’s Chase UK launches first credit card #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan’s UK digital-only bank is rolling out its first credit card to customers, expanding into lending after amassing more than £20bn in deposits in three years. JPMorgan, which is the largest bank in the […]

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