Luxembourg clears Moventum-ProService Finteco merger by Zuzanna REDA-JAKIMA today at 14:09
Deal sealed almost two years after news of the acquisition first came out Deal sealed almost two years after news of the acquisition first came out Moventum is headquartered in the Cloche d Or district Photo credit: Gerry Huberty
Commission de Surveillance du Secteur Financier or CSSF.
The approval is a standard requirement for any merger. The time it takes the CSSF to approve such deals depends on complexity, the quality of documentation, the financial situation of the companies, and how responsive the interested parties are, among others.
Warsaw-headquartered ProService Finteco operates as a transfer agent offering settlement, fund valuation, and corporate accounting and is owned by private equity group Oaktree. Following the merger, the value of assets under management by the group will exceed â¬30 billion.
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Wells Fargo, Boeing, Walt Disney, Occidental Petroleum and Marriott accounted for half of the US dividend cuts by value in Q1
Dividends fell far less in US during COVID-19 lockdowns than in most other parts of the world. The median dividend increase among US companies was 4% in Q1
US dividends expected to show growth this year amid economic rebound
Globally, Janus Henderson forecasts a 7.3% increase in dividend payments in 2021.
One year after the anniversary of the start of global COVID-19 lockdowns, US dividend payments remained resilient, dropping just 0.4% to $127.4 billion in the first quarter of 2021. Globally, dividends were just 1.7% lower than the same period last year, a far more modest decline than in any of the preceding three quarters, all of which saw double-digit falls. Janus Henderson s index of dividends ended the quarter at 171.3, its lowest level since 2017, but growth is now likely.
The Bankers Investment Trust: Uncertain times, strong performance
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The Bankers Investment Trust: Uncertain times, strong performance
Watch Alex Crooke, Fund Manager of The Bankers Investment Trust, in the Trust TV studio as he looks back on an extraordinary year for global markets and discusses the particular challenges he faced. Alex will also outline his views on the optimal global asset allocation, the outlook for dividends in 2021 and beyond, his approach to stock-picking, sector winners and losers post-COVID, and other themes relevant to the global equity investor. Click here to find out more.
References made to individual securities should not constitute or form part of any offer or solicitation to issue, sell, subscribe or purchase the security. Janus Henderson Investors, one of its affiliated advisor, or its employees, may have a position mentioned in the securities mentioned in the report. For promotional purposes. Not for onward distribution. Before investi
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Watch Alex Crooke, Fund Manager of The Bankers Investment Trust, in the Trust TV studio as he looks back on an extraordinary year for global markets and discusses the particular challenges he faced. Alex also outlines his views on the optimal global asset allocation, the outlook for dividends in 2021 and beyond, his approach to stock-picking, sector winners and losers post-COVID, and other themes relevant to the global equity investor.
References made to individual securities should not constitute or form part of any offer or solicitation to issue, sell, subscribe or purchase the security. Janus Henderson Investors, one of its affiliated advisor, or its employees, may have a position mentioned in the securities mentioned in the report.
European Payments Specialist Banking Circle Reports Significant Rise in Transactions, Users After Acquiring License Last Year
May 6, 2021 @ 8:37 am By Omar Faridi
Banking Circle, the payments specialist, has revealed that there’s been a significant “uplift in payments flow” and clients just a year after it launched its Banking License.
At the end of February 2020, Banking Circle was awarded a Banking License from the
Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, allowing it to provide financial institutions “direct access” to real-time payments “regardless of borders” or size (scope of operations).
Banking Circle also established its new business head offices in Luxembourg in a ceremony that was attended by