Bonds trading platform Yieldbroker sold to Tradeweb Markets in $125m deal
Eleven banks got together to create an electronic exchange for bonds and swaps in the late 1990s. Two decades later, they’ve hit sell.
Source: afr.com
Simon Masnick News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Simon Masnick. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Simon Masnick Today - Breaking & Trending Today
Westpac taken to court over insider trading
Mortgage Business Westpac taken to court over insider trading By Malavika Santhebennur 07 May 2021 ASIC has begun proceedings against the major bank for insider trading and breaches of its licensee obligations during the privatisation of Ausgrid. The Australian Securities and Investments Commission (ASIC) has commenced civil proceedings in the Federal Court against Westpac for insider trading, unconscionable conduct, and breaches of its Austr...
Source: mortgagebusiness.com.au
Who knew what (and when) at Westpac?
Who knew what (and when) at Westpac? By Lachlan Maddock 05 May 2021 A potentially bloody legal stoush looms as ASIC looks to prove that Westpac had the inside run on the $12 billion interest rate swap that’s landed it in hot water. Just a week ago, Westpac chief executive Peter King hailed a new era of success for the bank, which had finally put the messy AUSTRAC matter behind it after paying out more than a billion dollars in penalties. Now the bank stands accused of potentially illegal tactics in relation to the largest...
Source: investordaily.com.au